Highway Infrastructure IPO
Highway Infrastructure IPO is listed on BSE and NSE, priced at ₹65–₹70 per share. The stock debuted at ₹115, delivering a listing gain of 64.3%. The IPO had a lot size of ₹211 shares and a minimum investment of ₹14,770.
Highway Infrastructure Limited IPO
- IPO Dates
- Aug 5, 2025 – Aug 7, 2025
- Price band
- ₹65-70 per equity share
- Minimum Investment
- ₹14,770
- Issue size
- ₹130 Cr
- Lot size
- 211
- Allotment Date
- Aug 8, 2025
- Listing
- Aug 12, 2025
- Listing At
- BSE, NSE
IPO timeline
-
Aug 5, 2025
Open Date
Completed
-
Aug 7, 2025
Close Date
Completed
-
Aug 8, 2025
Allotment Date
Completed
-
Aug 12, 2025
Listing Date
Completed
Price Summary
- Last closing
- 48.50 (-30.71%)
- 52 week high
- 131.40
- 52 week low
- 40.60
- Last update
Highway Infrastructure IPO Essentials
Highway Infrastructure IPO Details
Highway Infrastructure IPO is priced at ₹65-70 per share with a total issue size of 130 crore. The IPO has a lot size of 211 shares and is listed on BSE and NSE.
- Issue price
- ₹65-70 per equity share
- Lot size
- 211 shares
- Face value
- ₹5 Per Equity Share
- Issue size
- Total 130.00 Cr :
#Fresh Issue : 1,39,31,428 shares(aggregating up to ₹97.52 Cr) +
#OFS : 46,40,000 shares of ₹5(aggregating up to ₹32.48 Cr) - Total issue size
- 1,85,71,428 shares
(aggregating up to ₹130 crore) - Fresh issue
- 1,39,31,428 shares
(aggregating up to ₹97.52 crore) - Offer for sale (OFS)
- 46,40,000 shares
(aggregating up to ₹32.48 crore) - Listing at
- BSE, NSE
- List price
- 115.0(NSE)
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Pantomath Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 211 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 211 | ₹14,770 |
| Retail(max) | 13 | 2,743 | ₹1,92,010 |
| sHNI(min) | 14 | 2,954 | ₹2,06,780 |
| sHNI(max) | 67 | 14,137 | ₹9,89,590 |
| sHNI(min) | 68 | 14,348 | ₹10,04,360 |
Highway Infrastructure IPO Reservation
Highway Infrastructure IPO reservation details show category-wise allocation of shares. Out of the total 1,82,39,970 shares, approximately 11.67% are reserved for QIB, 30% for NII, 40% for retail investors, and 18.33% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 33,42,856 (18.33%) | |
| QIB Shares Offered | 21,29,134 (11.67%) | |
| NII (HNI) Shares Offered | 54,71,992 (30%) | |
| bHNI > ₹10L | 18,23,997 (10%) | 617 |
| sHNI < ₹10L | 36,47,995 (20%) | 1234 |
| Retail Shares Offered | 72,95,988 (40%) | 34578 |
| Total Shares Offered | 1,82,39,970 (100%) |
Highway Infrastructure IPO Analytics
Highway Infrastructure IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Highway Infrastructure IPO Subscription Status
Highway Infrastructure IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 22,28,571 |
54,71,992
36,47,995
18,23,997
|
74,28,572 | 1,52,28,573 |
|
Day 1
05-08-25 05:00 PM
|
4.87 x |
33.04x
30.07x
38.97x
|
28.26 x | 26.68 x |
|
Day 2
06-08-25 05:00 PM
|
7.10 x |
97.70x
87.34x
118.41x
|
73.55 x | 72.92 x |
|
Day 3
07-08-25 05:00 PM
|
420.57 x |
447.32x
457.52x
426.91x
|
155.58 x | 300.61 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 46,36,025 (Approx) | 90x | 420x | 120x |
Highway Infrastructure Valuations
Earnings
- EPS Pre IPO
- ₹3.88/-
- EPS Post IPO
- ₹3.12/-
- P/E Pre IPO
- 18.06
- P/E Post IPO
- 22.41
Returns
- ROE
- 19.03%
- ROCE
- 16.56%
- RoNW
- 19.03%
- PAT Margin
- 4.44%
Fundamentals
- Debt / Equity
- 0.61
- Price / Book
- 3.44
Highway Infrastructure Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 231.56 | 202.63 | 156.59 |
| Revenue | 504.48 | 576.58 | 456.83 |
| Profit After Tax | 22.40 | 21.41 | 13.80 |
| Net Worth | 117.72 | 100.19 | 74.81 |
| Reserves & Surplus | 83.90 | 83.49 | 64.44 |
| Total Borrowing | 71.82 | 69.62 | 63.36 |
Highway Infrastructure Company & Offer Insights
About Highway Infrastructure
Highway Infrastructure Limited (HIL), which was incorporated in 1995, is an Indian infrastructure development firm and management company undertaking tollway collection, EPC (Engineering, Procurement, and Construction) contracts, and real estate development. It is a specialist in road construction and road maintenance and in building highways, bridges, and residential projects.
Business Segments:
Tollway Collection Business:HIL collects tollways for highway projects through competitive bidding, and manages these tollway collection systems.The organization is one of the select toll operators employing ANPR (Automated Number Plate Recognition) technology for toll collection on the Delhi-Meerut Expressway.Toll collection operations are spread over 11 states and one Union Territory.The organization operates an upgraded Electronic Toll Collection (ETC) system employing RFID tags and electronic payment platforms to make toll payments hassle-free.As of August 31, 2024, HIL has executed 24 tollway collection projects and is executing 07 tollway collection projects.
EPC Infra Projects:
HIL has in-house capability to execute projects from concept to delivery.The company has expertise in different types of infrastructure projects such as roads, bridges, tanks, irrigation-related construction, and civil buildings.As of August 31, 2024, HIL has executed 63 EPC Infra projects with 20 projects in execution.Current projects are being implemented in Indore, Ratlam, and Khandwa of Madhya Pradesh, India.
Real Estate:Real estate business includes the ownership, development, construction, and sale of commercial and residential properties.The company has constructed gated communities and residential projects over the years.Real estate is the least business segment of HIL.
Workforce:As of August 31, 2024, HIL has 398 employees working in its business segments.
Highway Infrastructure Promoter(s)
Arun Kumar Jain, Anoop Agrawal, Riddharth Jain are the company's promoters of Highway Infrastructure.
Highway Infrastructure IPO Issue Objectives
- •
- Funding Working Capital Requirements of the Company.
- •
- General Corporate Purposes.
Highway Infrastructure IPO - Anchor Investors
Highway Infrastructure gives Rs 23.4 crore worth shares to 4 anchor investors including HDFC Bank in pre-IPO.
VPK Global Ventures Fund placed Rs 8.4 crore against almost 12 lakh shares in Highway Infrastructure, while HDFC Bank, Abans Finance, and Sunrise Investment Opportunities Fund purchased 7.14 lakh shares valued at Rs 5 crore each.
Highway Infrastructure IPO - Strengths and Risks
Highway Infrastructure IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Highway Infrastructure
+91 731 4047177
http://www.highwayinfrastructure.in/
57-FA, Scheme No. 94, Pipliyahana Junction, Ring Road, Indore, Madhya Pradesh, 452016
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Highway Infrastructure IPO is a book-built IPO worth ₹130 crore. The price band is ₹65–₹70 per share. The IPO opens on Aug 5, 2025 and closes on Aug 7, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The price band of Highway Infrastructure IPO is ₹65 to ₹70 per share.
The lot size of Highway Infrastructure IPO is 211 shares.
The minimum investment for Highway Infrastructure IPO is approximately ₹14,770 based on the upper price band .
Highway Infrastructure IPO opens on Aug 5, 2025 and closes on Aug 7, 2025.
The allotment date of Highway Infrastructure IPO is Aug 8, 2025.
Highway Infrastructure IPO is expected to be listed on Aug 12, 2025, on BSE and NSE .
Highway Infrastructure IPO listed on Aug 12, 2025. It was issued at ₹115.0(NSE) and is currently around ₹48.50 as on 22-May-2026 3:30 PM, which is approximately -30.7% versus issue price. The 52-week high is ₹131.40.
Based on listing and post-listing performance, Highway Infrastructure IPO delivered around -30.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Highway Infrastructure IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Highway Infrastructure IPO valuation snapshot: P/E 22.41, EPS ₹3.12/-, P/B 3.44, RoNW 19.03%, and market cap N/A.
To apply for Highway Infrastructure IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Highway Infrastructure IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Highway Infrastructure IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Highway Infrastructure IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Highway Infrastructure IPO allotment status on IPO Ji for quick and easy access.