IPO - Initial Public Offerings

 HILINFRA

  

HIGHWAY INFRASTRUCTURE LTD. IPO

05 Aug, 10:00 AM

Issue Open

07 Aug, 05:00 PM

Issue Close

211

Lot Size

₹ 65.00 – ₹ 70.00

Price Range

IPO Issue Details

Issue size 130.00 Cr
Market Price 70.00
Registrar Bigshare Services Pvt Ltd
Face Value RS.5 /- Per share
Listing at NSE BSE

About

HIGHWAY INFRASTRUCTURE LTD. IPO
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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 211 ₹ 14,770.00
Retail (Max) 13 2743 ₹ 1,92,010.00
S-HNI (Min) 14 2954 ₹ 2,06,780.00
S-HNI (Max) 67 14137 ₹ 9,89,590.00
B-HNI (Min) 68 14348 ₹ 10,04,360.00

IPO TimeLine

Open Date 05-Aug-2025
Close Date 07-Aug-2025
Basis of Allotment Date 08-Aug-2025
Initiation of Refunds 11-Aug-2025
Credit Shares to Demat A/c 11-Aug-2025
IPO Listing Date 12-Aug-2025