An initial public offering (IPO) for an infrastructure investment trust (InvIT) related to highways in India has been launched. The IPO, which is reportedly the largest of its kind in the country, has seen varying levels of subscription, with some reports indicating it was subscribed four times, while others stated it was subscribed only 16% on its first day. The InvIT's performance and details, such as its price band and investment details, are being closely watched by investors and market observers.