Raajmarg Rises in Debut After Largest India IPO of Year

Raajmarg Infra Investment Trust’s units rose as much as 8% in their trading debut Tuesday after an initial public offering that raised 60 billion rupee ($649 million), India’s largest so...

By Rajesh Mascarenhas · Bloomberg

Raajmarg Infra Investment Trust’s units rose as much as 8% in their trading debut Tuesday after an initial public offering that raised 60 billion rupee ($649 million), India’s largest so far this year.