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Highway Infrastructure Limited Logo

Highway Infrastructure Limited

Offer PeriodAug 05, 2025 – Aug 07, 2025
Listed Price
₹117.00
+67.14%
Price Band₹65 - ₹70
Lot Size211 Shares
Allotment DateAug 08, 2025
Listing DateAug 12, 2025
Subscription316.69 Times
Issue Size₹130.00 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹24
(34.29%)

Premium (ELP)

Having completed its public offering, Highway Infrastructure Limited's is now listed and trading on the NSE, BSE exchange as of Aug 12, 2025. The IPO raised cumulative capital of 1,85,71,429 Shares, including 1,39,31,429 Shares in primary capital infusion and ₹32.48 Cr in secondary market transactions.

The IPO was conducted with a price range of ₹65 to ₹70 and minimum investment requirement of 211 shares. subscription activity between Aug 05, 2025 and Aug 07, 2025 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on Aug 08, 2025 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

Highway Infrastructure IPO Details
IPO Date
:
Aug 05, 2025 to Aug 07, 2025
Allotment Date
:
Aug 08, 2025
List Date
:
Aug 12, 2025
Lot Size
:
211 share
Issue Price
:
₹65 - ₹70
Issue Size
:
1,85,71,429 (aggregating up to 130.00 Cr)
Fresh Issue
:
1,39,31,429 (aggregating up to 97.52 Cr)
Offer For Sale
:
46,40,000 (aggregating up to 32.48 Cr)
Listing At
:
NSE, BSE
Share Holding Pre-Issue
:
5,77,89,204
Share Holding Post-Issue
:
7,17,20,632
Market Marker Portion
:
-
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares1,48,97,114
Retail
48.98%(72,95,988)
NII(HNI)
36.73%(54,71,992)
QIB
14.29%(21,29,134)
Total
100.00%(1,48,97,114)
Highway Infrastructure IPO Key Performance Indicators
Company Financials ( In Crores)
Highway Infrastructure IPO About Company

Highway Infrastructure Limited (HIL), founded in 1995, is a diversified Indian infrastructure company engaged in tollway operations, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The company primarily undertakes the construction and maintenance of roads, highways, bridges, and residential properties. In tollway collection operations, HIL manages toll systems obtained through competitive bidding and was among the early users of Automatic Number Plate Recognition (ANPR) technology on the Delhi–Meerut Expressway. It currently operates toll plazas across 11 states and one Union Territory, utilizing Electronic Toll Collection (ETC) systems with RFID tags and digital platforms for efficient transactions. As of August 31, 2024, the company has completed 24 toll projects and is working on 7 ongoing projects. In the EPC infrastructure segment, HIL manages end-to-end infrastructure development using internal resources, covering a wide range of projects such as roads, bridges, civil structures, and irrigation tanks. It has completed 63 projects and is executing 20 more, with major ongoing work in Indore, Ratlam, and Khandwa in Madhya Pradesh. In real estate, the company develops and sells residential and commercial properties, focusing on gated communities and housing projects, though this remains the smallest segment in terms of revenue and scale. As of August 31, 2024, the company employs 398 individuals across its various business verticals.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

Highway Infrastructure IPO Strength Factors
  1. Pan-India Project Execution: 30+ years of experience in tollway and EPC projects across states, with smart tolling systems like ANPR and ETC on major expressways.
  2. Strong Leadership: Experienced MD, CFO, and CEO with proven expertise in execution, planning, and government coordination.
  3. Robust Growth & Order Book: ₹5,963.83 million order book (as of Aug 31, 2024); revenue and profit grew at 27.09% and 58.55% CAGR (FY22–FY24), showing strong financial health.
⚠️Highway Infrastructure IPO Risk Factors
  1. High Client Concentration: Significant revenue depends on NHAI and other government clients; loss of major contracts could impact business stability.
  2. Seasonal Revenue Fluctuations: Monsoons reduce toll traffic and delay projects, causing irregular revenue patterns.
  3. Bidding-Driven Model: Relies on competitive tenders with high entry costs; failure to win bids affects growth and margins.
👤Highway Infrastructure IPO Promoter(s)
  1. Arun Kumar Jain
  2. Anoop Agrawal
  3. Riddharth Jain
🏢Highway Infrastructure IPO Company Details

Highway Infrastructure Limited

Phone:+91 731 4047177
address:57-FA, Scheme No. 94, Pipliyahana Junction, Ring Road, Indore, Madhya Pradesh, 452016
📋Highway Infrastructure IPO Registrar

Bigshare Services Pvt Ltd

Name:Bigshare Services Pvt Ltd
Phone:+912262638200
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