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IPO Detail

Highway Infrastructure Limited

MAINBOARD

NSE, BSE · Road Construction EPC

ListedAllotment Out
How to Apply

Not investment advice. Read RHP before applying.

Price Band

₹196 – ₹207

GMP (Indicative)

Unofficial · not guaranteed

Lot Size

72 shares

Status

Listed

Open Date

2025-01-17

Close Date

2025-01-21

Listing Date

2025-01-23

Min. Investment

₹14,904

Overview

About the Company

Highway Infrastructure Limited is a civil construction and EPC company engaged in road, highway, and bridge construction projects primarily in North India, executing government contracts from NHAI and state PWDs.

New to IPO analysis? You may review our structured guides on how IPO allotment works and IPO subscription meaning to better understand demand and allocation mechanics.

Issue

IPO Issue Details

Issue Price

₹196 – ₹207

Face Value

₹10

Issue Size

93.83

Fresh Issue

65.0

Listing At

Lead Manager

Vivro Financial Services Private Limited

Registrar

Bigshare Services Private Limited

Lot Size

72

For category-wise quota breakdown such as QIB, HNI, and Retail allocation, refer to our IPO quota structure explanation.

Milestones

Timeline

Open Date2025-01-17
Close Date2025-01-21
Allotment Date2025-01-22
Refund Date
Listing Date2025-01-23

If you are tracking GMP alongside subscription demand, see our grey market premium guide for a structured comparison framework.

Subscription

Live Subscription Details

Latest
QIB: 0x
NII: 100x
sNII: x
bNII: x
Retail: 21x
Total: 82.0x

Subscription Progress

QIBx
NII100x
sNIIx
bNIIx
Retail21x

Subscription data sourced from exchange updates. Values represent times subscribed (x).

Learn how subscription categories are allocated by reading our guide on QIB, HNI and Retail IPO quota structure.

If you are tracking GMP alongside subscription demand, see our grey market premium guide for a structured comparison framework.

Allotment Probability Calculator

SEBI-compliant allotment prediction based on live subscription data.

1 LotMax 13 (₹2L Limit)

Chance of Allotment

4.8%

The Retail category is oversubscribed by 21.00x. Under SEBI rules, allotment is done via a draw of lots (lottery). Every successful applicant gets a maximum of 1 lot, regardless of how many lots they applied for.

GMP (Grey Market Premium)

GMP Overview

Updated —

High ·Low

Issue price comparison unavailable

GMP is unofficial and indicative only. It does not guarantee listing price or returns.

GMP is unofficial and indicative. To understand interpretation logic and limitations, read our IPO Grey Market Guide or begin with what IPO GMP means.

Trend

GMP Trend

No GMP data yet. Updates will appear once available.

Investment

Market Lot Details

Retail (Min)
Lots: 1
Shares: 72
Amount: ₹14,904
Retail (Max)
Lots: 13
Shares: 936
Amount: ₹1,93,752
sNII (Min)
Lots: 14
Shares: 1008
Amount: ₹2,08,656
sNII (Max)
Lots: 67
Shares: 4824
Amount: ₹9,98,568
bNII (Min)
Lots: 68
Shares: 4896
Amount: ₹10,13,472
bNII (Max)
Lots:
Shares:
Amount:

Investors can bid in multiples of the lot size. Final investment depends on the cutoff price.

Allocation

Reservation Details

QIB

50%

NII

15%

RII

35%

Employee

Issue Summary

Objectives of Issue

Fresh issue for working capital and general corporate purposes.

Financials

Key Financial Metrics

EPS Pre IPO

EPS Post IPO

P/E Pre

P/E Post

ROCE

Debt / Equity

PAT Margin

Market Cap

Financial figures sourced from official offer documents. Always verify with the RHP.

Ownership

Promoter Holdings

Pre Issue

100%

Post Issue

71.70%

Contacts

Company & Registrar Details

Company Address: F-4/3, Mayapuri Industrial Area, Phase I, New Delhi 110064

Phone:

Email:

Website: https://highwayinfrastructure.in


Registrar: Bigshare Services Private Limited

Registrar Phone: +91-22-6263-8200

Registrar Email:

Registrar Website: https://bigshareonline.com

Documents

Important Links

DRHP

RHP

Allotment Status

Performance

Listing Performance

Listing Exchange

NSE, BSE

Listing Price

₹230

Listing Gain

11.11%

Application

How to Apply

01

UPI Method (ASBA)

Log in to your broker's app or net banking, navigate to the IPO section, select this IPO, enter lot quantity, and authorise via UPI mandate. Funds are blocked, not debited, until allotment.

02

ASBA via Net Banking

Log in to your bank's net banking portal, go to the IPO / ASBA section, fill in the bid details, and submit. Your bank will block the required amount automatically.

03

Allotment & Refund

Allotment status is typically available within 6 days of the IPO close date. Refunds for unallotted bids are credited within 2 working days post allotment.

You may also review the complete IPO allotment process explanation to understand lottery mechanics and refund timelines.

Qualitative Factors

Strengths & Risks

Company Strengths

Government road construction order book; growing highway infrastructure spending; NHAI empanelled contractor.

Company Risks

Geographic concentration in North India; government payment delays; competition from larger EPC contractors.

Legal Disclaimer

Information is sourced from publicly available exchange filings and company offer documents. GMP is unofficial and indicative. IPOCraft does not provide investment advice.

Research Before You Apply

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