Highway Infrastructure IPO Date, Review, Price, Details
Highway Infrastructure is launching its IPO with the application window open from August 5 to August 7, 2025. This offering follows the book-building process and aims to raise approximately ₹130crores, including a fresh issuance of ₹97.52crores and an offer for sale of up to 46,40,000 equity shares, each having a face value of ₹5. The price band has been set between ₹65 and ₹70 per share.
Investor allocation comprises 35% reserved for retail investors, 50% for qualified institutional buyers (QIBs), and 15% for high-net-worth individuals (HNIs). The allotment is scheduled for August 8, 2025, and the shares are expected to be listed on both BSE and NSE on August 12, 2025.
In recent financial years, the company reported a revenue increase from ₹456.83crores in 2023 to ₹576.58crores in 2024. Similarly, net profit rose from ₹13.80crores in 2023 to ₹21.41crores in 2024.

Highway Infrastructure IPO Market Lot Size
The Highway Infrastructure IPO minimum market lot is 211 shares with ₹14,770 application amount. The retail investors can apply up-to 13 lots with 2,743 shares of ₹1,92,010 amount.
Application | Lot Size | 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 Details
IPO Open Date: | August 5, 2025 |
IPO Close Date: | August 7, 2025 |
Face Value: | ₹5 Per Equity Share |
IPO Price Band: | ₹65 to ₹70 Per Share |
Issue Size: | Approx ₹130 Crores |
Fresh Issue: | Approx ₹97.52 Crores |
Offer for Sale: | Approx 46,40,000 Equity Shares |
Lot Size: | 211 Shares |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Highway Infrastructure IPO Valuation – FY2024 (KPI)
Check Highway Infrastructure IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 21.37% |
ROCE: | 24.45% |
EBITDA Margin: | 6.70% |
PAT Margin: | 3.71% |
Debt to equity ratio: | 0.69 |
Earning Per Share (EPS): | ₹3.28 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 21.37% |
Net Asset Value (NAV): | ₹17.34 |
Highway Infrastructure IPO Company Financial Report
The company reported revenue of ₹576.58 crores in 2024 against ₹456.83 crores in 2023. The company reported profit of ₹21.41 crores in 2024 against profit of ₹13.80 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹357.94 | ₹346.37 | ₹8.52 | ₹155.09 |
2023 | ₹456.83 | ₹437.34 | ₹13.80 | ₹156.59 |
2024 | ₹576.58 | ₹546.65 | ₹21.41 | ₹202.63 |
Highway Infrastructure IPO Dates
The Highway Infrastructure IPO date is August 5 and the close date is August 7. The Highway Infrastructure IPO allotment will be finalized on August 8 and the IPO listing on August 12.
IPO Open Date: | August 5, 2025 |
IPO Close Date: | August 7, 2025 |
Basis of Allotment: | August 8, 2025 |
Refunds: | August 11, 2025 |
Credit to Demat Account: | August 11, 2025 |
IPO Listing Date: | August 12, 2025 |
Promoters of Highway Infrastructure IPO
The promoters of the company are Arun Kumar Jain, Anoop Agrawal and Riddharth Jain.
About Highway Infrastructure IPO
Highway Infrastructure Limited (HIL) is an Indian company specializing in infrastructure development and management. Its operations span toll collection, EPC (Engineering, Procurement, and Construction) projects, and real estate activities. To address its working capital requirements, HIL relies on a mix of fund-based banking facilities for day-to-day cash flow and non-fund-based facilities like bank guarantees for additional financial obligations.
Within its real estate segment, HIL is engaged in owning, developing, constructing, and selling residential and commercial properties. The company has delivered various housing complexes and gated communities over time. However, real estate remains the smallest of HIL’s business divisions
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
NA | – | – | – | – | – Cr. |
Objects of the IPO
The company intends to allocate funds mainly toward meeting its working capital requirements, which will help maintain smooth daily operations.
A part of the proceeds will also be designated for general corporate purposes, supporting business growth and future strategic initiatives.
Merchant Bankers
- Pantomath Capital Advisors Pvt Ltd
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 Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
Check Grey market premium at below
(GMP)