{"id":12482,"date":"2025-08-04T14:42:56","date_gmt":"2025-08-04T09:12:56","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=12482"},"modified":"2025-11-25T15:57:39","modified_gmt":"2025-11-25T10:27:39","slug":"highway-infrastructure-ipo-opens","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/highway-infrastructure-ipo-opens\/","title":{"rendered":"Highway Infrastructure IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]India’s <\/span>infrastructure sector<\/b><\/a> is in the midst of a historic transformation, with a strong push from the government to modernise and expand its national highway network. This strong environment sets the stage for companies like Highway Infrastructure Ltd., which is launching its mainboard IPO on August 5, 2025. The issue, which is a combination of a fresh issue and an offer for sale, is set to raise approximately \u20b9130 crores. This IPO provides investors a unique opportunity to participate in a company with a diversified business model and a strong foothold in India’s infrastructure development story.<\/span><\/p>\n

This article provides a comprehensive overview of the <\/span>Highway Infrastructure IPO<\/b><\/a> details, offering key insights for potential investors.<\/span><\/p>\n

<\/span>About Highway Infrastructure Ltd.<\/b><\/span><\/h2>\n

Highway Infrastructure Limited (HIL)<\/a>, an Indian infrastructure development and management company incorporated in 1995, specialises in tollway collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development.\u00a0<\/span><\/p>\n

The company has a strong presence in the construction and maintenance of roads, highways, and bridges. HIL’s tollway collection business operates across 11 states and one Union Territory, utilising advanced ANPR (Automatic Number Plate Recognition) technology and an updated Electronic Toll Collection (ETC) system for seamless payments. As of August 31, 2024, the company has completed 24 tollway projects and is operating 7 more.<\/span><\/p>\n

In the EPC Infra segment, HIL leverages in-house resources to manage projects from start to finish, with a portfolio that includes roads, bridges, tanks, and irrigation-related construction. The company has completed 63 EPC projects and has 20 currently underway in cities like Indore, Ratlam, and Khandwa in Madhya Pradesh. HIL’s real estate segment, though the smallest, focuses on developing and selling commercial and residential properties, including gated communities. The company employs 398 individuals across its various business segments.<\/span><\/p>\n

<\/span>Highway Infrastructure Ltd. IPO Details<\/b><\/span><\/h2>\n

The Highway Infrastructure IPO is a book-building issue of \u20b9130.00 crores. The issue comprises a fresh issue of 1.39 crore shares (aggregating \u20b997.52 Cr) and an Offer for Sale (OFS) of 46.40 lakh shares (aggregating \u20b932.48 Cr). The price band is set at \u20b965 to \u20b970 per share, with a face value of \u20b95 per share. The shares will be listed on both the BSE and NSE<\/a>.<\/span><\/p>\n

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<\/span>Important IPO Timeline:<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDate<\/b><\/td>\n<\/tr>\n
IPO Open Date<\/span><\/td>\nTue, Aug 5, 2025<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/span><\/td>\nThu, Aug 7, 2025<\/span><\/td>\n<\/tr>\n
Tentative Allotment<\/span><\/td>\nFri, Aug 8, 2025<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/span><\/td>\nMon, Aug 11, 2025<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/span><\/td>\nMon, Aug 11, 2025<\/span><\/td>\n<\/tr>\n
Tentative Listing Date<\/span><\/td>\nTue, Aug 12, 2025<\/span><\/td>\n<\/tr>\n
Cut-off time for UPI mandate confirmation<\/span><\/td>\n5 PM on Aug 7, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
IPO Date<\/span><\/td>\nAugust 5, 2025 to August 7, 2025<\/span><\/td>\n<\/tr>\n
Listing Date<\/span><\/td>\n–<\/span><\/td>\n<\/tr>\n
Face Value<\/span><\/td>\n\u20b95 per share<\/span><\/td>\n<\/tr>\n
Issue Price Band<\/span><\/td>\n\u20b965 to \u20b970 per share<\/span><\/td>\n<\/tr>\n
Lot Size<\/span><\/td>\n211 Shares<\/span><\/td>\n<\/tr>\n
Sale Type<\/span><\/td>\nFresh Capital-cum-Offer for Sale<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/span><\/td>\n1,85,71,428 shares (aggregating up to \u20b9130.00 Cr)<\/span><\/td>\n<\/tr>\n
Fresh Issue<\/span><\/td>\n1,39,31,428 shares (aggregating up to \u20b997.52 Cr)<\/span><\/td>\n<\/tr>\n
Offer for Sale<\/span><\/td>\n46,40,000 shares of \u20b95 (aggregating up to \u20b932.48 Cr)<\/span><\/td>\n<\/tr>\n
Issue Type<\/span><\/td>\nBookbuilding IPO<\/span><\/td>\n<\/tr>\n
Listing At<\/span><\/td>\nBSE, NSE<\/span><\/td>\n<\/tr>\n
Shareholding (Pre-Issue)<\/span><\/td>\n5,77,89,204 shares<\/span><\/td>\n<\/tr>\n
Shareholding (Post-Issue)<\/span><\/td>\n7,17,20,632 shares<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Highway Infrastructure Financial Performance<\/b><\/span><\/h2>\n

Highway Infrastructure has a history of consistent profitability despite fluctuating revenues. While total income saw a decline from \u20b9576.58 crores in FY24 to \u20b9504.48 crores in FY25, the company’s Profit After Tax (PAT) grew by 5% in the same period, reaching \u20b922.40 crores. This demonstrates the company’s ability to manage costs effectively and maintain profitability. The company’s Net Worth has also shown steady growth, reflecting a strong balance sheet.<\/span><\/p>\n

<\/span>Key Performance Indicators (as of Mar 31, 2025)<\/b><\/span><\/h3>\n