Mumbai, March 24 -- The maiden public issue of the National Highways Authority of India (NHAI) sponsored Raajmarg Infra Investment Trust (RIIT) was listed on the Bombay Stock Exchange (BSE) here on Tuesday, March 24.
The listing ceremony was held in the presence of union Minister for Road Transport and Highways Nitin Gadkari, along with senior officials from the Ministry of Road Transport and Highways (MoRTH) and NHAI.
The IPO witnessed an overwhelming response from investors and was oversubscribed nearly 14 times, with participation from a diverse range of investor categories.
The strong subscription underscores robust investor confidence in India's growth story, the strength of its financial markets, as well as the Government of India'...