HIGHWAYS INFRASTRUCTURES LIMITED
Price Band
₹ 65 - ₹ 70
Bid Lot
211 Shares
HIGHWAYS INFRASTRUCTURES LIMITED
05-Aug-2025 - 07-Aug-2025
Price Band
₹ 65 - ₹ 70
Minimum Investment
₹ 14770.00
Bid Lot
211 Shares
Shares
18,571,428
-
Face Value - Rs. 5/- Per Share
- Lisitng at BSE, NSE
-
35,206 Application Required in Retail for 1 Time.
-
Registrar :
Bigshare Services Pvt. Ltd
IPO Details
QIB
30%
(5,571,427 Shares)RS.39.00 CR
HNI 1
10%
(1,857,143 Shares)RS.13.00 CR @ 629 FORM 1X
HNI 2
20%
(3,714,286 Shares)RS.26.00 CR @ 1257 FORM 1X
Retail
40%
(7,428,572 Shares)RS.52.00 CR @ 35207 FORM 1X
Timeline
-
05
Aug-2025
Open Date
-
07
Aug-2025
Close Date
-
08
Aug-2025
Basis of Allotment Date
-
11
Aug-2025
Initiation of Refunds
-
11
Aug-2025
Credit of Shares to Demat A/C
-
12
Aug-2025
IPO Listing Date
Subscription as on 07-Aug-2025 18:04
Category
Book Size
Subscription
QIB
432.71x
2,228,571
(₹15.60 Cr.)
964,333,511
(₹6750.33 Cr.)
HNI (<10 LAKH)
451.54x
1,857,143
(₹13.00 Cr.)
838,577,300
(₹5870.04 Cr.)
HNI2 (>10 LAKH)
483.92x
3,714,286
(₹26.00 Cr.)
1,797,421,646
(₹12581.95 Cr.)
RETAIL
164.56x
7,428,572
(₹52.00 Cr.)
1,222,412,886
(₹8556.89 Cr.)
Total
316.69x
15,228,572
4,822,745,343
Category
Book Size
Subscription
QIB
432.71x
2,228,571
(₹15.60 Cr.)
964,333,511
(₹6750.33 Cr.)
HNI (<10 LAKH)
451.54x
1,857,143
(₹13.00 Cr.)
838,577,300
(₹5870.04 Cr.)
HNI2 (>10 LAKH)
483.92x
3,714,286
(₹26.00 Cr.)
1,797,421,646
(₹12581.95 Cr.)
RETAIL
164.56x
7,428,572
(₹52.00 Cr.)
1,222,412,886
(₹8556.89 Cr.)
Total
316.69x
15,228,572
4,822,745,343
*Excluding Anchor
Total No. of Application Approx : ~4405165 (125.13 Appwise)
HNI Cost
About Company
Highway Infrastructure Limited (HIL), incorporated in 1995, is an Indian infrastructure development and management company engaged in tollway collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The company specializes in the construction and maintenance of roads, highways, bridges, and residential projects.
Business Segments:
- Tollway Collection Business:
- HIL operates and manages tollway collection systems for highway projects, which are awarded through competitive bidding.
- The company is among the few toll operators using ANPR (Automatic Number Plate Recognition) technology for tollway collection on the Delhi-Meerut Expressway.
- Toll collection operations extend across 11 states and one Union Territory.
- The company employs an updated Electronic Toll Collection (ETC) system using RFID tags and digital payment platforms for seamless toll payments.
- As of August 31, 2024, HIL has completed 24 tollway collection projects and is currently operating 07 tollway collection projects.
- EPC Infra Projects:
- HIL has in-house resources to manage projects from conceptualization to completion.
- The company has experience in various infrastructure projects, including roads, bridges, tanks, irrigation-related construction, and civil buildings.
- As of August 31, 2024, HIL has completed 63 EPC Infra projects, with 20 projects currently under execution.
- Ongoing projects are being executed in Indore, Ratlam, and Khandwa in Madhya Pradesh, India.
- Real Estate:
- The real estate segment involves owning, developing, constructing, and selling commercial and residential properties.
- The company has developed gated communities and housing projects over time.
- Real estate is the smallest business segment of HIL.
Workforce:
As of August 31, 2024, HIL employs 398 individuals across its business segments.
Strengths
Company Promoters
Company Financials
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 202.63 | 156.59 | 155.09 |
| Revenue | 576.58 | 456.83 | 357.94 |
| Profit After Tax | 21.41 | 13.8 | 8.52 |
| Net Worth | 100.19 | 74.81 | 63.37 |
| Reserves and Surplus | 83.54 | 64.49 | 52.84 |
| Total Borrowing | 69.62 | 63.36 | 56.76 |
| Amount in ? Crore | |||
Objects of the Issue
The Company Highway Infrastructure IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Funding Working Capital Requirements of the Company. | 630 |
| 2 | General Corporate Purposes. |
How to Apply
Apply for IPO in few simple steps.
-
Step 1
Once you create your account, Login to Easy Investing.
-
Step 2
Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
-
Step 3
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
-
Step 4
Enter your UPI ID and you will receive mandate on your UPI App.
-
Step 5
Once you accept the mandate, Application is submitted successful.
The Bidding Process
- Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
- If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
- The maximum subscription amount for retail investors is 2 lakh.
- Any bid can be at a desired price or cut off price given by the company.
How to bid on App?
- Enter the number of shares you wish to buy, as per the lot size.
- You can apply at the cut off price set by the company or bid for a desired amount within the price band.
- Maximum three bids will be accepted.
- You then need to enter the UPI ID on Easy Investing’s IPO application form.
Investing using UPI
- You will immediately get a fund blocked request on your UPI for the submitted IPO application.
- The funds will be blocked in your bank account until allotment when it is debited.
- The limit for IPO application is Rs 2 lakh per transaction on UPI.
- On allotment of the shares, the money will be automatically debited.
- If the share aren’t allotted the blocked funds will reflect back into your account.
FAQs
Frequently Ask Question