Highway Infrastructure Ltd. IPO

Highway Infrastructure IPO is a Rs 130 crore book-built issue, comprising a fresh issue of Rs 97.52 crore and an offer for sale of Rs 32.48 crore. The IPO opens on August 5, 2025, and closes on August 7, 2025. Allotment is expected on August 8, with a tentative listing on BSE and NSE scheduled for August 12. The price band is set at Rs 65 to Rs 70 per share, with a lot size of 211 shares. Retail investors need a minimum investment of Rs 13,715. For sNII, the minimum investment is Rs 2,06,780 (2,954 shares), and for bNII, it is Rs 10,04,360 (14,348 shares). Pantomath Capital is the lead manager, and Bigshare Services is the registrar.

Highway Infrastructure Ltd. IPO Details

Check out the issue details for Highway Infrastructure Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 70

Price Band

₹ 65 - 70

Issue Size

130 Cr.

Issue Type

Book Built

Open

2025-08-05

Close

2025-08-07

Listingprice

₹ 115

ListingGain

64.29%

Listing Date

2025-08-12

CMP

₹ 64.07

Current Return

-8.47%

Highway Infrastructure Ltd. News

Highway Infrastructure submits intimation of statement of deviation or variation 11 Nov 2025, 4:50PM Highway Infrastructure informs about press release7 Nov 2025, 10:05AM Highway Infrastructure informs about investor presentation 7 Nov 2025, 9:40AM Highway Infrastructure secures LoA worth Rs 11.76 crore23 Oct 2025, 4:13PM Highway Infrastructure shines on bagging LoA worth Rs 25.26 crore14 Oct 2025, 9:32AM Highway Infrastructure bags LoA worth Rs 25.26 crore14 Oct 2025, 9:05AM Highway Infrastructure bags order worth Rs 1.08 crore4 Oct 2025, 10:01AM Highway Infrastructure bags order worth Rs 1.96 crore3 Oct 2025, 6:21PM Highway Infrastructure enters into contract agreement with NHAI 25 Sep 2025, 9:16AM Highway Infrastructure informs about change in management6 Sep 2025, 3:34PM Highway Infrastructure receives LoA worth Rs 18.97 crore 4 Sep 2025, 9:50AM Highway Infrastructure bags contract worth Rs 69.77 crore3 Sep 2025, 11:18AM Highway Infrast. - Quaterly Results1 Sep 2025, 9:31PM Highway Infrast. - Quaterly Results1 Sep 2025, 9:31PM Highway Infrastructure launches new project in Indore28 Aug 2025, 10:27AM Highway Infrastructure informs about updates 28 Aug 2025, 9:50AM Highway Infrastructure commences toll collection operations at Kiratpur Fee Plaza,UPs25 Aug 2025, 11:08AM Highway Infrastructure informs about updates 25 Aug 2025, 9:43AM Highway Infrastructure coming with IPO to raise upto Rs 138 crore4 Aug 2025, 3:14PM Highway Infrastructure gets SEBI's nod to float IPO 10 Jan 2025, 1:09PM

Company Financials

You can get the following financial statements of Highway Infrastructure Ltd. as of now.

Highway Infrastructure IPO Details

The details about the Highway Infrastructure IPO are as follows:

  • The issue size of the IPO is Rs 130.00 Cr.
  • The price band for Highway Infrastructure IPO is Rs 65 to Rs 70.
  • The shares of Highway Infrastructure IPO will list on BSE and NSE on 12 August 2025.
  • The latest tentative GMP of Highway Infrastructure IPO is Rs 41.
  • The shares of Highway Infrastructure IPO are subscribed 316.64 Times.

 

Highway Infrastructure IPO Valuation

The approximate valuation of Highway Infrastructure IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 70
Existing Shares (Qty) 5.77 Cr
Fresh Issue Rs 97.52 Cr
Market Cap Rs 501.42 Cr
EPS (FY25) Rs 3.40
PE Ratio 20.58x
Industry PE 29.19x

 

Highway Infrastructure IPO Issue Size

Highway Infrastructure IPO issue size is Rs 130.00 Cr.

Issue Amount
Fresh Issue Rs 97.52 Cr
Offer For Sale Rs 32.48 Cr

 

Highway Infrastructure IPO Market Lot

An individual can apply for a minimum of 1 lot of 211 shares and a maximum of 13 lots (2,743 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 211 Rs 14,770
Retail Maximum 13 2,743 Rs 1,92,010

 

Highway Infrastructure IPO Share Offer

The shares of Highway Infrastructure IPO are subscribed 314.03 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not more than 15%
Retail Individual Not more than 35%

 

Highway Infrastructure IPO GMP (Grey Market Premium)

As on GMP (Tentative)
7 August 2025 Rs 41

Highway Infrastructure IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Highway Infrastructure IPO Dates

Find below the dates for Highway Infrastructure IPO

Schedule Date
Basis of Allotment 8 Aug 2025
Refunds 11 Aug 2025
Credit to Demat Account 11 Aug 2025
IPO Listing Date 12 Aug 2025

 

You can check the Highway Infrastructure IPO Allotment by clicking on the button below. 

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 146.63 291.81 265.68 401.05 418.38
Total Expenditure 131.83 274.87 247.14 374.03 397.59
Operating Profit 14.81 16.93 18.54 27.02 20.8
Other Income 2.13 2.48 4.22 7.21 12.91
Interest 3.51 5.61 5.26 7.12 6.76
Depreciation 2.72 2.52 2.45 2.48 2.29
Exceptional Items -0.86 -0.11 -0.04 0 0
Profit Before Tax 9.84 11.18 15.01 24.64 24.67
Provision for Tax 2.13 2.88 3.31 5.56 5.01
Net Profit 7.72 8.29 11.7 19.08 19.66
Adjusted EPS (Rs.) 0.13 0.14 0.2 0.33 0.34

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 9.63 9.63 9.63 9.63 28.9
Total Reserves 44.43 52.72 64.42 83.52 83.91
Borrowings 5.42 12.58 3.72 2.08 2.34
Other N/C liabilities 11.72 0.75 0.51 0.54 0.39
Current liabilities 52.31 54.13 57.28 83.5 104.43
Total Liabilities 123.51 129.8 135.57 179.26 219.96
Assets
Net Block 16.86 14.64 13.45 12.62 11.22
Capital WIP 0 0.02 0 0 0
Intangible WIP 0 0 0 0 0
Investments 15.14 15.21 14.96 0.1 0.1
Loans & Advances 0.16 0.16 14.19 16.17 17.84
Other N/C Assets 0 0 0 14.61 16.73
Current Assets 91.36 99.77 92.97 135.76 174.07
Total Assets 123.51 129.8 135.57 179.26 219.96
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025
Other Income 1.07 21.31
Profit Before Tax 9.7 12.57
Tax 2.51 2.97
Profit After Tax 7.2 9.6
Adjusted EPS (Rs) 1.25 1.34

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2025 70.04 0
Aug 2025 70.04 0
Jun 2025 70.04 0
Mar 2018 98.85 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 9.84 11.18 15.01 24.64 24.67
Adjustment 6.18 5.85 6.08 4.18 -0.55
Changes in Assets & Liabilities -17.99 -12.56 -13.35 -19.78 -28.19
Tax Paid -2.23 -2.97 -3.4 -5.74 -6.65
Operating Cash Flow -4.19 1.5 4.35 3.31 -10.73
Investing Cash Flow -2.2 -1.52 -0.28 3.82 5.73
Financing Cash Flow 7.2 -0.28 -4.55 0.2 4.29
Net Cash Flow 0.82 -0.3 -0.48 7.32 -0.71
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