“Building roads, collecting tolls, and now — raising crores!”
Highway Infrastructure Ltd. is steering into the primary market with its IPO, opening from August 5 to August 7, 2025. With a solid footprint in toll collection and EPC projects, this IPO has already gained investor traction, driven by a strong GMP and robust infra play.
📊 IPO Highlights at a Glance
| IPO Particulars | Details |
|---|---|
| IPO Opening Date | August 5, 2025 |
| IPO Closing Date | August 7, 2025 |
| Price Band | ₹65 – ₹70 per equity share |
| Lot Size | 211 shares |
| Issue Size | Approx ₹130 crore (Fresh + OFS) |
| Allotment Date | August 08, 2025 |
| Refund Date | August 11, 2025 |
| Listing Date | August 12, 2025 |
| Stock Exchanges | BSE, NSE |
| Face Value | ₹5 per share |
| Retail Min Investment | ₹14,770 (1 Lot) |
| Registrar | KFin Technologies Ltd. |
🏗️ Company Overview: A Strong Foundation in Infra
Highway Infrastructure Ltd. is a well-established infra player focused on:
-
Toll Collection: Through ANPR (Automatic Number Plate Recognition), RFID, and FASTag across 11 states and 1 UT.
-
EPC Projects: Civil infrastructure works like roads, bridges, irrigation, and buildings.
-
Smart Infra: Leveraging automation in tolling and operations to improve margins.
With a solid track record and tech-savvy execution, the company bridges traditional infrastructure with digital efficiency.
💰 Financial Performance Snapshot
| Financial Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | EBITDA Margin | ROE |
|---|---|---|---|---|
| FY2023-24 | ₹576.58 Cr | ₹21.41 Cr | ~12% | ~19% |
| FY2024-25 | ₹504.48 Cr | ₹22.40 Cr | ~14% (Est.) | ~21% |
📈 Despite a slight dip in revenue, profits have improved, showcasing cost optimization and tech leverage.
🧮 IPO Breakup: Where the Money Goes
-
Fresh Issue (₹97.52 Cr):
-
~65% for working capital needs
-
~35% for general corporate purposes
-
-
Offer for Sale (OFS):
-
Promoter selling stake — proceeds do not go to the company
-
🧑💼 Promoters & Management
-
Mr. Arun Kumar Jain – Managing Director (Infra veteran with 30+ years)
-
Mr. Anoop Agrawal – CFO & Whole-time Director
-
Mr. Riddharth Jain – Non-Executive Director (new generation leadership)
The company remains tightly promoter-held (~95% pre-IPO holding), ensuring skin in the game.
📈 GMP (Grey Market Premium) Buzz (till August 04, 2025, 19:10)
💸 Current GMP: ₹40 per share
With a price band of ₹70, this implies a possible listing price of ₹110, i.e., a 57% premium — impressive heat in the grey market!
📌 Investor Quota & Lot Allocation
| Category | % Allocation | Min. Investment |
|---|---|---|
| QIB | 30% | As per eligibility |
| NII (HNI) | 30% | ₹2 Lakh+ (14+ lots) |
| Retail | 40% | ₹14,770 (1 lot) |
🔍 Strengths & Opportunities
✅ Diversified infra presence – across 11 states
✅ Advanced toll collection tech (ANPR, RFID, FASTag)
✅ Consistent profits and improving margins
✅ Government EPC orders provide stability
✅ Healthy GMP indicates strong investor demand
⚠️ Risks to Note
⚠️ High dependence on government contracts (NHAI, etc.)
⚠️ Working capital intensive model
⚠️ OFS proceeds don’t benefit the company
⚠️ Regional concentration risks in operations
💬 User Engage Quote:
🚧 “Highways built with sweat, profits driven by tech — Highway Infrastructure Ltd. IPO is where tradition meets innovation!”
🧠 Analyst Takeaway
Highway Infrastructure’s IPO arrives at a time when India’s infra spending is surging. The company’s strong order book, digital toll expertise, and growing profitability make it an attractive play for both retail and HNI investors. While government dependence and capital needs remain a concern, the current GMP and fundamentals offer a tempting entry.
🎯 Ideal for:
Short-term GMP hunters, Infra-theme believers, and investors looking for an efficient execution-driven company.
🔗 Apply Now Before the Window Closes!
IPO Dates: August 5–7, 2025
Make sure your UPI is ready. Allotment will be out by August 8, and shares hit Demat by August 11.
Common Links to Check IPO Allotment Status:
-
Check Allotment Status – BigShare: Click Here
-
Track NSE SME Live Listing: Click Here
-
Track BSE Sme Live Listing: Click Here
List of IPO: Check Allotment Status here…
-
Bhadora Industries IPO: Click Here
-
Jyoti Global Plast IPO: Click Here
-
Parth Electricals IPO: Click Here
-
Highway InfrastructureIPO: Click On Server-1 Server-2 Server-3
-
BLT Logistics IPO: Click Here
-
Essex Marine IPO: Click Here
📊 Verdict: “Subscribe for listing gains and long-term value.”
M&B Engineering IPO Allotment Status
NSDL IPO Allotment Status
Sri Lotus Developers IPO Allotment Status
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
