MoRTH plans to list NHAI on stock exchanges

The MoRTH has started the process of listing the National Highways Authority of India (NHAI) and is currently awaiting approval from the Ministry of Finance for the same. Once listed, the ministry expects to get investor subscriptions of about Rs 10 trillion. The proposal comes on account of the investor response to the Rs 15.6 billion initial public offer of Cochin Shipyard, which was oversubscribed by 76 times.