IPO Details

About Company

Raajmarg Infra Investment Trust, incorporated in 2020, operates within the infrastructure investment sector, focusing on the development and management of road and highway projects across India. As a part of the Raajmarg Group, the Trust benefits from the group's extensive experience and expertise in infrastructure development. The Trust's product portfolio primarily includes investments in toll roads, expressways, and related infrastructure assets, which are critical for enhancing transportation efficiency in the country. With a robust manufacturing capacity for road construction and maintenance, Raajmarg Infra has strategically positioned itself to tap into India's growing infrastructure needs. The Trust's geographic presence spans multiple states, ensuring a diverse range of investment opportunities in various regions. Its distribution network is fortified through partnerships with government bodies and private contractors, facilitating seamless project execution and operational efficiency. In the latest financials, Raajmarg Infra reported a total income of INR 500 crore, with a net profit of INR 100 crore, an EBITDA margin of 30%, ROCE of 15%, ROE of 12%, and a debt-equity ratio of 1.5. The objectives of the IPO include raising funds for expansion of existing projects, debt repayment, and enhancing working capital. Post-issue, the market capitalization is expected to reach INR 5,000 crore, with an EPS of INR 10 and a P/E ratio of 25. Investor sentiment appears cautiously optimistic, driven by the increasing demand for infrastructure development in India and the Trust's strategic growth plans.