Highway Infrastructure Ltd IPO is witnessing sky-high demand from investors. On just the second day of bidding, the issue was subscribed to a massive 77 times, reflecting strong investor confidence in the company’s prospects.
The company is looking to raise ₹130 crore through its public offering and was fully subscribed within just hours of opening.
Ahead of the IPO launch, Highway Infrastructure had already raised ₹23.4 crore from anchor investors on August 4, 2025, giving a solid start to the issue.
IPO Dates and Price Band
Bidding Period: August 5 to August 7, 2025
Price Band: ₹65 to ₹70 per share
What’s the Buzz in the Grey Market?
According to market watchers, the Grey Market Premium (GMP) for Highway Infrastructure stood at ₹40 as of August 5. This pegs the estimated listing price around ₹110 per share, translating to a potential 57.14% gain over the upper end of the price band.
Financial Snapshot
Despite a slight dip in revenue, the company has posted a steady profit:
| Financial Year | Revenue (₹ crore) | Profit (₹ crore) |
| FY 2025 | 504.48 | 22.40 |
| FY 2024 | 576.58 | 21.41 |
What Does Highway Infrastructure Do?
Based in Indore, Highway Infrastructure Ltd is involved in:
- Toll collection
- EPC (Engineering, Procurement & Construction) projects
- Real estate development
The company has a strong track record in building and maintaining roads, highways, bridges, and residential projects—making it a key player in India’s growing infrastructure space.
