NHAI launches Raajmarg Infra Investment Managers for its first public InvIT
The National Highways Authority of India (NHAI) launched Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) in Mumbai on 20 November 2025 as the investment manager for its proposed public InvIT, Raajmarg Infra Investment Trust (RIIT).
Summary
NHAI's RIIMPL, launched by NHAI Chairman Santosh Kumar Yadav, has equity participation from SBI, PNB, NaBFID, Axis Bank, Bajaj Finserv Ventures, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank and Yes Bank. The public InvIT will mainly target retail and domestic investors, and about 1,500 km of operational National Highways will be placed in it over the next 3â5 years. NHAI has so far monetised assets worth ₹48,995 crore through the Toll-Operate-Transfer model and raised about ₹43,638 crore in four rounds of private InvITs. NHAI Member (Finance) NRVVMK Rajendra Kumar is MD & CEO (additional charge).
Key facts
- Investment manager
- Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL)
- Proposed public InvIT
- Raajmarg Infra Investment Trust (RIIT)
- Launched
- 20 Nov 2025, Mumbai
- Highways to be pooled
- ~1,500 km over 3â5 years
- TOT monetisation so far
- ₹48,995 crore
- Private InvITs
- ~₹43,638 crore in 4 rounds
Practice MCQs 2 questions
Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL), launched by NHAI in November 2025, is the investment manager for which proposed public InvIT?
Show answer
Correct answer: A â Raajmarg Infra Investment Trust (RIIT)
RIIMPL is the investment manager for the proposed public InvIT, Raajmarg Infra Investment Trust (RIIT).
Approximately how many kilometres of operational National Highways does NHAI plan to place in its public InvIT over the next 3â5 years?
Show answer
Correct answer: C â 1,500 km
Around 1,500 km of completed and operational National Highways will be introduced into the public InvIT over 3â5 years.