MainboardListedHILINFRA

Highway Infrastructure Limited IPO

Road Assets - Toll Annuity Hybrid-Annuity · DRHP 25 Sept 2024 · listed 12 Aug 2025

Follow this IPOuse-of-proceeds reports, on Telegram

Issue price
₹70.00
band ₹65.00 to ₹70.00
Issue size
₹130.0 cr
fresh ₹98 cr · OFS ₹32 cr
Lot
211 shares
₹14,770 at the top of the band
Subscription window
5 Aug to 7 Aug
2025
Listing
12 Aug 2025
NSE
Subscribed
194.2x
retail 92.8x

About the Highway Infrastructure IPO

Highway Infrastructure Limited raised ₹130 crore through a mainboard IPO on NSE and BSE: a fresh issue of ₹97.5 crore and an offer for sale of ₹32.5 crore. The fresh issue goes to the company; the offer for sale goes to the shareholders selling.

Bidding ran Tue 5 Aug to Thu 7 Aug, at an issue price of ₹70 a share, in lots of 211 shares. The shares listed on 12 Aug 2025.

The book-running lead manager is Pantomath Capital Advisors Private Limited. The registrar, which handles allotment, is Bigshare Services Private Limited.

The issue was subscribed 194.19 times overall, with the retail portion at 92.83 times, as the exchange's bid book showed.

The draft offer document was filed on 25 Sept 2024.

newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.

Highway Infrastructure IPO: questions answered

When was the Highway Infrastructure IPO open, and what were the price band and lot size?

Bidding ran Tue 5 Aug to Thu 7 Aug. The issue price is ₹70 a share. One lot is 211 shares, ₹14,770 at the upper end of the band.

When did the Highway Infrastructure IPO list?

The shares listed on 12 Aug 2025 on NSE and BSE.

How do I check the Highway Infrastructure IPO allotment status?

Allotment is finalised by the registrar, Bigshare Services Private Limited, usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.

The Highway Infrastructure IPO allotment status page, with the direct links

Who are the registrar and lead managers of the Highway Infrastructure IPO?

The book-running lead manager is Pantomath Capital Advisors Private Limited. The registrar, which handles applications and allotment, is Bigshare Services Private Limited.

How many times was the Highway Infrastructure IPO subscribed?

194.19 times overall, as the exchange's bid book last showed: qualified institutions 328.94 times, non-institutional investors 243.27 times and retail 92.83 times.

Category-wise subscription, from the exchange

Is the Highway Infrastructure IPO a fresh issue or an offer for sale?

A fresh issue of ₹97.5 crore, which goes to the company, and an offer for sale of ₹32.5 crore, which goes to the shareholders selling (25% of the issue).

What is the Highway Infrastructure IPO GMP?

newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.

Where the money went

The monitoring agency's report for the quarter to 30 Jun 2026: each object in the offer document and how much of it had been used by then.

ObjectProposed, ₹ croreUsed, ₹ crore
Funding Working Capital Requiremen t of the Company80.90.2
General Corporate Purpose2.00.1

The monitoring agency's report · Other issues

Highway Infrastructure IPO: the next step, on Telegram

A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.

Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.