desk
Share
News Topical, Digital Desk : Highway Infrastructure IPO Listing Today: After the great response to the IPO, Highway Infrastructure shares made a great debut in the stock market on Tuesday, August 12. The stock was listed on BSE at Rs 117 with a premium of 67 per cent over the issue price of Rs 70. Similarly, Highway Infrastructure shares (Highway Infrastructure Share Price) started their first trading session on NSE at Rs 115 with a premium of 64.29 per cent.
The IPO got a great subscription
The tollway operator's IPO got 300.60 times subscription between August 5 and August 7. This impressive figure was supported by QIBs, who oversubscribed their portion 420.57 times, while NIIs subscribed 447.32 times more than their allocation. Retail investors subscribed 155.58 times. The company will use the funds raised from the Highway Infrastructure Business IPO to meet working capital requirements and for general corporate purposes. Highway Infrastructure has already raised Rs 23.4 crore from institutional investors through the anchor book. VPK Global Ventures Fund has invested Rs 8.4 crore in Highway Infrastructure in exchange for about 12 lakh shares, while HDFC Bank, Abans Finance and Sunrise Investment Opportunities Fund have bought 7.14 lakh shares worth Rs 5 crore.
The company completed 27 tollway projects Highway Infrastructure primarily operates in toll collection, EPC infrastructure projects and to a lesser extent in real estate development. As of May 2025, its consolidated order book was Rs 666.3 crore, of which more than 90 per cent was from its core toll and EPC segments. The company has completed 27 tollway projects and is currently operating four, including ANPR-enabled tolling on the Delhi-Meerut Expressway. Over the years, it has executed 66 EPC projects and has 24 more projects under construction. The company has its stronghold in Madhya Pradesh, but it has expanded to 11 states and one union territory
--Advertisement--
