The Indian infrastructure development and management company Highway Infrastructure IPO will be hit the market August 05, 2025 and closes on August 07, 2025. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹130 crore through IPO. The company will issue fresh shares of ₹97.52 crores through this IPO and will issue shares through offer for sale of ₹32.48 crores.
The company has reserved 30% for QIB, 40% for NII and 30% for Retail Investor in this IPO.
Founded in 1995, Highway Infrastructure Limited (HIL) is a diversified Indian infrastructure company known for its footprint in tollway operations, civil EPC projects, and real estate development. The company plays a vital role in India’s road infrastructure expansion, specializing in the construction and maintenance of highways, bridges, and public utility structures. You can check Highway Infrastructure IPO GMP here.
- Tollway Collection : is a core strength of HIL. The company manages and operates automated toll systems across 11 states and 1 Union Territory. With early adoption of Automatic Number Plate Recognition (ANPR) and RFID-based ETC systems, HIL brings tech-driven efficiency to India’s expressway tolling—including on high-traffic corridors like the Delhi–Meerut Expressway. As of August 2024, HIL has successfully completed 24 toll projects and actively operates 7.
- EPC Projects : form the second pillar of the business. From highway engineering to irrigation systems, the company takes projects from design to delivery using in-house teams. Over the years, HIL has delivered 63 major EPC infra projects, with 20 projects under execution as of August 2024. Key sites include Indore, Ratlam, and Khandwa in Madhya Pradesh.
- The real estate arm : Although smaller in scale, focuses on gated communities and residential developments. HIL has developed and marketed real estate assets under its own brand, adding diversity to its revenue base.
The company strong execution history, government-backed contracts, and deep domain expertise, Highway Infrastructure Limited stands positioned as a well-rounded infrastructure player in India’s growth story. You can check Highway Infrastructure IPO subscription status here.
| Read also: Upcoming IPO List 2025 |
Object Of the Issue :
- Working capital requirements.
- General corporate purposes.
Company Strengths :
- Focused on tollway collection business.
- Roads, flyovers and bridge construction.
- Order book includes tollway collection, roads, flyovers, and bridge construction projects from various government agencies.
- Strong execution capabilities with industry experience.
- Experienced management team.
Highway Infrastructure IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹22.40 Cr ₹70 /EQ 3.40 20.34x 19.03 % 19.03 % 16.56 % 0.61 ₹2.37 ₹231.56 Cr ₹502.04 Cr 94.95 % – % |
| Team Review : | ✔ Apply For Listing gain & Long Term |
👉 Highway Infrastructure IPO Review ….👈
- ■ The company is engaged in infrastructure development and management business with related services.
- ■ HIL operates across tollway collection, EPC infrastructure, and real estate—diversifying its revenue base.
- ■ The company top & bottom line posted strong reported.
- ■ Based on FY25 the PE ratio of the company is fair.
- ■ The company Issue price is good based on the PE ratio.
- ■ Based on FY25 the Investors can bid the Long term view.
Highway Infrastructure IPO Date, Price & Details :
| IPO Open : | August 05, 2025 |
| IPO Close : | August 07, 2025 |
| Issue Type : | Book Building Issue |
| Face Value : | ₹5. Equity Share |
| Price Band : | ₹65 – ₹70 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹130.00 Cr {1,85,71,428 Shares} |
| Fresh Issue : | ₹97.52 Cr {1,39,31,428 Shares} |
| Offer For Sale : | ₹32.48 Cr {46,40,000 Shares} |
| Reserved Quota : | [QIB: 30%] [NII: 30%] [RII: 40%] |
Highway Infrastructure IPO Market Lot :
Highway Infrastructure IPO Minimum Market lot is 1 Lot with 211 shares with ₹14,770 Application amount. The retail investors can apply up to 13 lots with 2743 Shares or ₹1,92,010 amounts.
| Application | Lot | Shares | Amount ₹ |
|---|---|---|---|
| Retail Minimum | 1 | 211 | ₹14,770 |
| Retail Maximum | 13 | 2,743 | ₹1,92,010 |
| S-HNI Minimum | 14 | 2,954 | ₹2,06,780 |
| B-HNI Minimum | 68 | 14,348 | ₹10,04,360 |
Highway Infrastructure IPO EPS & RoNW :
| Year | EPS (₹) | RoNW % | NAV (₹) |
| 2025 | 3.40 | 19.03 | 2.37 |
| 2024 | 3.28 | 21.37 | 17.34 |
| 2023 | 2.03 | 18.45 | 12.95 |
Highway Infrastructure IPO Peer Comparison PE :
| Company | PE | EPS | RoNW | NAV |
|---|---|---|---|---|
| Udayshivakumar Infra | N/A | -1.18 | -4.28% | 30.43 |
| IRB Infrastructure | 44.38 | 1.12 | 32.69% | 32.83 |
| H.G. Infra Engineering | 14.00 | 75.04 | 17.13% | 452.62 |
Highway Infrastructure IPO Dates :
| Open Date : | August 05, 2025 |
| Close Date : | August 07, 2025 |
| Allotment D :ate | August 08, 2025 |
| Refund Date : | August 11, 2025 |
| Share Credit Date : | August 11, 2025 |
| Listing Date : | August 12, 2025 |
Highway Infrastructure IPO Form :
There are two ways to apply in Highway Infrastructure IPO:
You can apply through ASBA available in your bank account. Log in to your bank’s online portal, go to the IPO section, and select Highway Infrastructure IPO. You can also apply through an IPO form available on NSE and BSE websites. Download the form, fill it out, and submit it to your bank or broker.
Highway Infrastructure Company Financial Report (Cr) :
| Year | Revenue (₹) | Expense (₹) | PAT (₹) |
|---|---|---|---|
| 2025 | 504.48 | 474.22 | 22.40 |
| 2024 | 576.58 | 546.65 | 21.41 |
| 2023 | 456.83 | 437.34 | 13.80 |
Company Promoters :
■ Arun Kumar Jain
■ Anoop Agrawal
■ Riddharth Jain
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Highway Infrastructure IPO Lead Managers :
■ Pantomath Capital Advisors Pvt Ltd
Highway Infrastructure IPO Registrar :
Bigshare Services Private Limited
Office No S6-2, 6th floor Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai -400093
Maharashtra, India
Telephone No.: +9122 6263 8200
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.bigshareonline.com
Note: Check Highway Infrastructure IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Highway Infrastructure Ltd
57-FA, Scheme No. 94,
Pipliyahana Junction,
Ring Road, Indore, Madhya Pradesh, 452016
Phone: +91 731 4047177
Email: [email protected]
Website: http://www.highwayinfrastructure.in/
Highway Infrastructure IPO FAQs :
What is Highway Infrastructure Issue?
Highway Infrastructure IPO is a Mainboard Issue. They are going to raise ₹130.00 Crores via IPO. The issue is priced at ₹65-₹70 per equity share. The IPO is to be listed on NSE, and BSE.
When Highway Infrastructure Issue will open?
The IPO is to open on August 05, to August 07, 2025 for QIB, NII & RII.
What is Highway Infrastructure Issue Size?
Highway Infrastructure Issue size is ₹130.00 Crores.
What is the Fresh issue size of Highway Infrastructure Issue?
The Fresh issue size of Highway Infrastructure IPO ₹97.52 Cr.
What is the Offer For Sale size of Highway Infrastructure Issue?
The Offer For Sale size of Highway Infrastructure Issue ₹32.48 Cr.
What is the Highway Infrastructure Issue Minimum and Maximum Lot Size?
The minimum 211 Shares with ₹14,770 amount while the maximum 2743 shares with ₹192,010.
What is the Highway Infrastructure Issue Investors Portion?
The investors’ portion for QIB is 30%, NII 30%, and RII 40%.
What is the Highway Infrastructure Issue Allotment Date?
Highway Infrastructure Issue allotment date is August 08, 2025
What is the Highway Infrastructure Issue Listing Date?
Highway Infrastructure Issue listing date is August 12, 2025. The IPO is to be listed on NSE, BSE.
Disclaimer: Stock Market Investments are Subject to Market risks, read all scheme Related Document Carefully Before Investing.