HIGHWAYS INFRASTRUCTURES LIMITED
₹ 65 - ₹ 70
05-Aug-2025 - 07-Aug-2025
₹ 14770.00

/ 211 Shares

HIGHWAYS INFRASTRUCTURES LIMITED

05-Aug-2025 - 07-Aug-2025

₹ 65 - ₹ 70

Price Band

₹ 14770.00

Minimum Investment

211

Bid Lot

18,571,428

Shares

  • Face Value - ₹ 5/- Per Share

  • Listing at BSE, NSE

  • 35,206 Application Required in Retail for 1 Time.

  • Registrar : Bigshare Services Pvt. Ltd

IPO Details

Category % Shares/Amount
QIB 30% 5,571,427 Shares RS.39.00 CR
HNI 1 10% 1,857,143 Shares RS.13.00 CR @ 629 FORM 1X
HNI 2 20% 3,714,286 Shares RS.26.00 CR @ 1257 FORM 1X
Retail 40% 7,428,572 Shares RS.52.00 CR @ 35207 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
35207 FORM 1X 629 FORM 1X 1257 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 211 ₹ 14,770
Retail (Upto 2 Lakh) 13 2743 ₹ 192,010
S-HNI (2 Lakh to 10 Lakh) 14 2954 ₹ 206,780
S-HNI (2 Lakh to 10 Lakh) 67 14137 ₹ 989,590
B-HNI (Above 10 Lakh) 68 14348 ₹ 1,004,360

IPO Timeline

  • Open Date

    05-Aug-2025

  • Close Date

    07-Aug-2025

  • Basis of Allotment Date

    08-Aug-2025

  • Initiation of Refunds

    11-Aug-2025

  • Credit Shares to Demat A/c

    11-Aug-2025

  • IPO Listing Date

    12-Aug-2025

Subscription as on
07-Aug-2025 18:04

Category Book Size Subscription No. of Times
QIB 2,228,571 ₹ 15.60 Cr. 964,333,511 ₹ 6750.33 Cr. 432.71x
HNI (<10 LAKH) 1,857,143 ₹ 13.00 Cr. 838,577,300 ₹ 5870.04 Cr. 451.54x
HNI2 (>10 LAKH) 3,714,286 ₹ 26.00 Cr. 1,797,421,646 ₹ 12581.95 Cr. 483.92x
RETAIL 7,428,572 ₹ 52.00 Cr. 1,222,412,886 ₹ 8556.89 Cr. 164.56x
Total 15,228,572 4,822,745,343 316.69x
Category Book Size Subscription No. of Times
QIB 2,228,571 ₹ 15.60 Cr. 964,333,511 ₹ 6750.33 Cr. 432.71x
HNI (<10 LAKH) 1,857,143 ₹ 13.00 Cr. 838,577,300 ₹ 5870.04 Cr. 451.54x
HNI2 (>10 LAKH) 3,714,286 ₹ 26.00 Cr. 1,797,421,646 ₹ 12581.95 Cr. 483.92x
RETAIL 7,428,572 ₹ 52.00 Cr. 1,222,412,886 ₹ 8556.89 Cr. 164.56x
Total 15,228,572 4,822,745,343 316.69x

*Excluding Anchor

Total No. of Application Approx : ~4405165 (125.13 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

Highway Infrastructure Limited (HIL), incorporated in 1995, is an Indian infrastructure development and management company engaged in tollway collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The company specializes in the construction and maintenance of roads, highways, bridges, and residential projects.

Business Segments:

  1. Tollway Collection Business:
    • HIL operates and manages tollway collection systems for highway projects, which are awarded through competitive bidding.
    • The company is among the few toll operators using ANPR (Automatic Number Plate Recognition) technology for tollway collection on the Delhi-Meerut Expressway.
    • Toll collection operations extend across 11 states and one Union Territory.
    • The company employs an updated Electronic Toll Collection (ETC) system using RFID tags and digital payment platforms for seamless toll payments.
    • As of August 31, 2024, HIL has completed 24 tollway collection projects and is currently operating 07 tollway collection projects.
  2. EPC Infra Projects:
    • HIL has in-house resources to manage projects from conceptualization to completion.
    • The company has experience in various infrastructure projects, including roads, bridges, tanks, irrigation-related construction, and civil buildings.
    • As of August 31, 2024, HIL has completed 63 EPC Infra projects, with 20 projects currently under execution.
    • Ongoing projects are being executed in Indore, Ratlam, and Khandwa in Madhya Pradesh, India.
  3. Real Estate:
    • The real estate segment involves owning, developing, constructing, and selling commercial and residential properties.
    • The company has developed gated communities and housing projects over time.
    • Real estate is the smallest business segment of HIL.

Workforce:
As of August 31, 2024, HIL employs 398 individuals across its business segments.

Read More

Strengths

Company Promoters

Company Financials

Period Ended 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 202.63 156.59 155.09
Revenue 576.58 456.83 357.94
Profit After Tax 21.41 13.8 8.52
Net Worth 100.19 74.81 63.37
Reserves and Surplus 83.54 64.49 52.84
Total Borrowing 69.62 63.36 56.76
Amount in ? Crore

Objects of the Issue

The Company Highway Infrastructure IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (in Millions)
1 Funding Working Capital Requirements of the Company. 630
2 General Corporate Purposes.  

How to Apply

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  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
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