New Delhi, March 24 Units of the state-owned National Highways Authority of India-sponsored Raajmarg Infra Investment Trust jumped 8 per cent in their trading debut on Tuesday.
The units started trading at Rs 108, up 8 per cent from the issue price of Rs 100 on the BSE.
At the NSE, it rose by 7 per cent after starting trading at Rs 107.
The company's market capitalization stood at Rs 6,375.60 crore.
The initial public offering of Raajmarg Infra Investment Trust was subscribed 13.74 times on March 13.
The public offering of Raajmarg Infra Investment Trust ran from March 11 to March 13.
The Rs 6,000 crore IPO had a price band of Rs 99-100 per unit.
The InvIT proposes an initial portfolio of five toll roads in Jharkhand, Andhra Pradesh, Tamil Nadu, and Karnataka, operating under the Toll-Operate-Transfer model based on concessions granted by the NHAI to the project SPV.