Whalesbook
Arre suno, Raajmarg InvIT ne toh kamaal kar diya! Iska IPO ₹6,000 Crore ka raha, jo road sector mein ab tak ka sabse bada IPO ban gaya hai. Is paison se company NHAI ke paanch road assets acquire karegi, jo 260 kilometer se zyada hain aur Jharkhand, Andhra Pradesh, Tamil Nadu, aur Karnataka mein faili hui hain. Ye NHAI ki 'asset monetization' strategy ka ek bada step hai, jisse woh naye projects ke liye paisa jama kar rahe hain.
IPO band hone tak yeh 6.25x subscribe ho gaya tha! Bade players jaise EPFO aur SBI Life Insurance ne bhi bade levels par invest kiya hai. Isse retail investors ko bhi seedha NHAI ke highway assets mein invest karne ka chance mil gaya. Jab listing hui toh units ₹100 ke IPO price se 7% upar ₹107 par khule, jo early investor interest dikha raha hai.
Indian InvIT market toh mast grow kar raha hai. Analysts bol rahe hain ki FY25 mein ₹6.3 lakh crore ($73 billion) se yeh 2030 tak ₹21 lakh crore ($258 billion) tak ja sakta hai. Waise, sab InvITs ki kismat itni acchi nahi hai; IRB InvIT Fund ke units gire hain, aur India Grid Trust around 12.13% ka dividend yield de raha hai.
Government bhi infrastructure par kaafi focus kar rahi hai. FY2026-27 mein public capital expenditure ₹12.2 lakh crore hone ka estimate hai. Lekin haan, infrastructure mein investment karna risk-free nahi hai. Large capital, project delays, cost overruns, aur revenue fluctuations sab chalte rehta hai. High debt levels bhi risk badha dete hain.
Overall, Raajmarg InvIT ka launch NHAI ki strategy ke liye acha hai aur investors ko stable, yield-generating assets mil rahe hain. Government reforms bhi is market ko boost karenge. Bas, investors ko hamesha individual asset performance aur sector-specific risks ko carefully check karna chahiye.