The Initial Public Offering (IPO) for Highway Infrastructure has ended today. The offer saw an overwhelming demand from non-institutional investors. On the third day, the IPO has been subscribed for over 230%. Tentatively on 12th August, 2025, the IPO will be listed on NSE and BSE.
The raised capital from the IPO would be used for funding capital needs and general corporate purposes.
| IPO Date | 5-08-2025 to 7-08-2025 |
| Issue Type | Bookbuilding |
| Listing at | BSE, NSE |
| Issue Price Range | Rs. 65 to 70 per share |
| Lot Size | 211 |
| Total Issue Size | Rs 130 crores |
| Sale Type | Fresh Capital, Offer for Sale |
| Fresh Issue | 1.39 crore shares (translating to approx. Rs. 98 crores) |
| Offer for Sale | 46 lakh shares (translating to approx. Rs. 32 crores) |
| Tentative Allotment | 8th August, 2025 |
| Refund Initiation | 11th August, 2025 |
| Credit to Demat Account | 11th August, 2025 |
| Tentative Listing Date | 12th August, 2025 |
Price Band & Lot Size
The IPO price band is set at Rs. 65 to Rs. 70 per share with a lot size of 211 shares. Minimum amount of investment required by an individual investor is Rs. 13715.
Highway Infrastructure IPO Reservation
The IPO offers a total of 1,85,71,428 shares, of which:
- 30% are allocated to QIB (12% to ex-anchor & 18% to anchor)
- 30% are allocated to NII
- 40% are allocated to RII
Lead Manager & Registrar
Pantomath Advisors Pvt. Ltd. is managing the entire process of IPO for Highway Infrastructure while Bigshare Services Pvt. Ltd. is their registrar.
GMP of Highway Infrastructure Share Price
The latest GMP for Highway Infrastructure by investorgain is Rs. 36, indicating a listing gain of 51.47%.
Highway Infrastructure Subscription Status
Within the three days of subscription window, Highway Infrastructure IPO was subscribed 447 times by NII (Non-Institutional Investors) while the retail individual investors’ quota was subscribed 155.58 times. QIBs subscription was none less than 420 times.
Earlier, the company has raised investments of Rs. 23.40 crores from anchor investor including HDFC Bank.
About Highway Infrastructure
Highway Infrastructure Limited (HIL) is an Indian infrastructure development and management company. The company is engaged in multiple operations like toll collection, real estate and EPC (Engineering, Procurement and Construction). Among their business segments, toll collection is the biggest, followed by EPC and real estate.