Raajmarg Infra Investment Trust InvIT IPO Day 3: Issue subscribed 1.05x so far. Check GMP, key details to know

+12.5

Market Impact Score

-100 Bearish+100 Bullish

AI Analysis

InvITs are gaining traction as a way to fund infrastructure projects, offering stable returns. This IPO's subscription level reflects current market sentiment towards such investment vehicles.

Trading Insight

Neutral to slightly positive for the infrastructure sector; watch for post-listing performance to gauge broader investor confidence.

Quick check: TATASTEEL bearish bias (-0.6% 1d), HINDALCO neutral (+1.1% 1d).

Key Evidence

•Raajmarg Infra Investment Trust InvIT IPO opened on March 11 and closed on March 13.
•The IPO price band was ₹99-100 per unit.
•The IPO aims to raise ₹6,000 crore.
•It secured ₹1,728 crore from anchor investors.
•The issue was subscribed 1.05x so far on Day 3.

Sectors:metals infrastructure

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