NHAI-sponsored RIIT maiden public issue listed on BSE

Union Minister for Road Transport and Highways, Nitin Gadkari on Tuesday launched the NHAI-sponsored Raajmarg Infra Investment Trust (RIIT), which was listed on the Bombay Stock Exchange (BSE) and received a strong response from investors. The maiden public issue of the RIIT was listed on the BSE on March 24, 2026. The listing ceremony was held in the presence of Union Minister Gadkari, along with senior officials from the Ministry of Road Transport and Highways (MoRTH) and NHAI.The RIIT IPO received an overwhelming response from investors and was oversubscribed nearly 14 times, with participation from a wide range of investor categories. The strong subscription reflected growing investor confidence in India’s growth story, the strength of its financial markets, and the Government of India’s transparent and reform-oriented asset monetisation programme.
The NHAI-sponsored Raajmarg Infra Investment Trust has been designed to unlock the value of operational National Highway assets while providing a high-quality, long-term investment opportunity, particularly for retail and domestic investors. The initiative is considered a significant step towards broadening public participation in the National Highways sector and further strengthening the country’s infrastructure financing ecosystem.