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Highway Infrastructure Ltd.

Highway Infrastructure Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹70
₹70
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹70
Based on GMP
Min. Investment
₹14,770
1 lot × 211 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
05 Aug 2025
Close Date
07 Aug 2025
Allotment
08 Aug 2025
Listing Date
12 Aug 2025
Exchange
NSE & BSE
Price Band
₹70
Listing Price
See chart
Allotment Status
Price Band
₹70
Per share
Face Value
₹5 per share
 
Lot Size
211 Shares
per lot
Issue Size
1,85,71,428 shares (aggregating up to ₹130.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,770
1 lot
Pre-IPO Holding
5,77,89,204 shares
Promoters
Post-IPO Holding
7,17,20,632 shares
Promoters
P/E (Pre)
18.06x
 
P/E (Post)
22.41x
 
EPS (Pre)
₹3.88
 
EPS (Post)
₹3.12
 
UPI Deadline
2025-08-07
Mandate
Anchor AllotmentMon, 04 Aug 2025
Basis of AllotmentFri, 08 Aug 2025
Refund InitiationMon, 11 Aug 2025
Demat CreditMon, 11 Aug 2025
Listing DayTue, 12 Aug 2025
UPI Mandate Deadline2025-08-07
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,39,31,428 shares (aggregating up to ₹97.52 Cr)
Offer for Sale46,40,000 shares of ₹5 (aggregating up to ₹32.48 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Highway Infrastructure Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Aug 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
18,571,428
100% ₹130.00
IPO Shares Offered
Highway Infrastructure Ltd. IPO total issue size: ₹130.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 18,571,428 ₹130.00
100.00%
* Based on upper price band ₹70 per share
Lot Size & Investment
Lot Size
211
Shares per Lot
Issue Price
₹70.00
Upper Band
Min Investment
₹14,770
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2422₹29,540
Retail (Max — 13 Lots)132,743₹192,010
S-HNI (Min — 14 Lots)142,954₹206,780
B-HNI (Min — 68 Lots)6814,348₹1,004,360
* Issue Price ₹70 × Lot Size 211 shares
IPO Schedule
Anchor
04 Aug 2025
✓ Done
IPO Open
05 Aug 2025
✓ Done
IPO Close
07 Aug 2025
✓ Done
Allotment
08 Aug 2025
✓ Done
Refunds
11 Aug 2025
✓ Done
Demat Credit
11 Aug 2025
✓ Done
Listing Day
12 Aug 2025
✓ Done
Highway Infrastructure Ltd. — Live Price LIVE
₹70.00
INR · BSE
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Issue ₹70.00 Live Price
About Highway Infrastructure Ltd.
Highway Infrastructure Limited (HIL), incorporated in 1995, is an Indian infrastructure development and management company engaged in tollway collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The company specializes in the construction and maintenance of roads, highways, bridges, and residential projects.Business Segments:Tollway Collection Business:HIL operates and manages tollway collection systems for highway projects, which are awarded through competitive bidding.The company is among the few toll operators using ANPR (Automatic Number Plate Recognition) technology for tollway collection on the Delhi-Meerut Expressway.Toll collection operations extend across 11 states and one Union Territory.The company employs an updated Electronic Toll Collection (ETC) system using RFID tags and digital payment platforms for seamless toll payments.As of August 31, 2024, HIL has completed 24 tollway collection projects and is currently operating 07 tollway collection projects.EPC Infra Projects:HIL has in-house resources to manage projects from conceptualization to completion.The company has experience in various infrastructure projects, including roads, bridges, tanks, irrigation-related construction, and civil buildings.As of August 31, 2024, HIL has completed 63 EPC Infra projects, with 20 projects currently under execution.Ongoing projects are being executed in Indore, Ratlam, and Khandwa in Madhya Pradesh, India.Real Estate:The real estate segment involves owning, developing, constructing, and selling commercial and residential properties.The company has developed gated communities and housing projects over time.Real estate is the smallest business segment of HIL.Workforce:As of August 31, 2024, HIL employs 398 individuals across its business segments.
Objects of the Issue
1
1 Funding Working Capital Requirements of the Company.
2
2 General Corporate Purposes.
Highway Infrastructure Ltd. Financials (Amount in Crore)
Revenue from Operations
₹456.8
31 Mar 2023
₹576.6
31 Mar 2024
₹504.5
31 Mar 2025
Profit After Tax (PAT)
₹13.8
31 Mar 2023
₹21.4
31 Mar 2024
₹22.4
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 504.48 576.58 456.83
EBITDA 31.32 38.44 27.69
Profit After Tax (PAT) 22.40 21.41 13.80
Net Worth 117.72 100.19 74.81
Total Assets 231.56 202.63 156.59
Reserves & Surplus 83.90 83.49 64.44
Borrowings 71.82 69.62 63.36
EBITDA Margin (%) 6.32%
PAT Margin (%) 4.44%
P/BV Ratio
3.44
RoE
19.03%
RoCE
16.56%
RoNW
19.03%
PAT Margin
4.44%
EBITDA Margin
6.32%
Debt/Equity
0.61
Issue Structure & Shareholding
Total Shares Offered1,85,71,428 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding5,77,89,204 shares
Post-Issue Promoter Holding7,17,20,632 shares
P/BV Ratio3.44
RoE19.03%
RoCE16.56%
Debt / Equity0.61
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Highway Infrastructure Ltd. IPO subscribed?

Highway Infrastructure Ltd. IPO is subscribed 1.00 times by Aug 07, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Highway Infrastructure Ltd. IPO retail subscription status?

The Highway Infrastructure Ltd. IPO retail category is subscribed 1.00 times as of 07 Aug 2025. The retail portion is oversubscribed.

How to subscribe Highway Infrastructure Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 05 Aug 2025 and closes 07 Aug 2025. Min investment: ₹14,770 (1 lot = 211 shares). UPI mandate: 2025-08-07.

How many times Highway Infrastructure Ltd. IPO subscribed?

The Highway Infrastructure Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Highway Infrastructure Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Aug 2025. Refunds: on 11 Aug 2025.

When Highway Infrastructure Ltd. IPO will be listed?

The Highway Infrastructure Ltd. IPO listing date is 12 Aug 2025, Tuesday. Listed on: NSE & BSE. Issue price: ₹70. Estimated listing: ₹70. GMP: NIL.

When Highway Infrastructure Ltd. IPO close?

The Highway Infrastructure Ltd. IPO closes on 07 Aug 2025, Thursday. UPI mandate: 2025-08-07. Allotment: 08 Aug 2025. Listing: 12 Aug 2025.