Highway Infrastructure

Highway Infrastructure

Mainboard

₹14,770 / 211 Shares

Exp. Premium:32-34(45.71%)
Offer Date:Aug 5, 2025 - Aug 7, 2025
Share

IPO Details

Highway Infrastructure IPO is priced between ₹65-70 per equity share, with a face value of ₹5 per share. The company's equity shares will be listed on the Mainboard, and Bigshare Services Pvt Ltd is managing the issue as the registrar.

The IPO bidding period opened on 5 Aug, 2025, and closed on 7 Aug, 2025. The allotment results will be announced on 8 Aug, 2025, with a tentative listing date set for 12 Aug, 2025.

The total issue comprises Total 130.00 Cr :#Fresh Issue : 1,39,31,428 shares, amounting to ₹97.52 Cr.

Highway Infrastructure IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Aug 5, 2025 - Aug 7, 202512 Aug, 2025₹5 Per Equity Share₹65-70 per equity share211 Shares1,39,31,428 Shares 46,40,000 shares of ₹5BSE, NSE

Highway Infrastructure IPO Timeline

IPO Open Date
5 Aug, 2025
IPO Close Date
7 Aug, 2025
Basis of Allotment
8 Aug, 2025
Listing Date
12 Aug, 2025

Issue Price

₹65-70 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

Market Lot

Retail: 211 Shares (₹14,770/-)
S-HNI: 2,954 Shares (₹2,06,780/-)
B-HNI: 14,348 Shares (₹10,04,360/-)

Lead Manager

Pantomath Capital Advisors Pvt Ltd

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)

Retail Portion

35% (Number of Retail Applications: 35,206 Approx),(Number of S-HNI Applications : 629 Approx),(Number of B-HNI Applications : 1,257 Approx)

Subscription

N/A times

IPO Docs

DRHP RHP

Highway Infrastructure IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 25231.56504.4822.40117.7283.9071.82
31 Mar 24202.63576.5821.41100.1983.4969.62
31 Mar 23156.59456.8313.8074.8164.4463.36

All values are in ₹ Cr.

Highway Infrastructure IPO Valuations

EPS PRE IPO

₹3.88/-

EPS POST IPO

₹3.12/-

PE PRE IPO

18.06

PE POST IPO

22.41

ROE

19.03%

ROCE

16.56%

DEBT EQUITY

0.61

RONW

19.03%

PAT MARGIN

4.44%

PRICE TO BOOK VALUE

3.44

About Company

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.

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Highway Infrastructure IPO - Issue Objectives

  1. Funding Working Capital Requirements of the Company.
  2. General Corporate Purposes.
Company Contact Details

Highway Infrastructure

57-FA, Scheme No. 94, Pipliyahana Junction, Ring Road, Indore, Madhya Pradesh, 452016
Registrar Contact Details

Bigshare Services Pvt Ltd