What to know about Highway Infrastructure IPO today is top of mind for investors as this much-anticipated public offering shows strong demand and an impressive grey market premium (GMP). With the IPO closing on August 7, 2025, and subscriptions crossing over 70× in some categories, now is the time to understand what’s at stake—and whether you should apply.
In this guide, we break down everything you need to know about the IPO: from issue details and company background to expert reviews and expected listing gains.
IPO Overview: Key Details You Should Know
| Feature | Detail |
|---|---|
| Company | Highway Infrastructure Ltd |
| IPO Opening Date | August 5, 2025 |
| IPO Closing Date | August 7, 2025 |
| Price Band | ₹65 to ₹70 per share |
| Lot Size | 211 shares |
| Issue Size | ₹130 crore (Fresh ₹97.52Cr + OFS ₹32.48Cr) |
| Listing | NSE & BSE SME platforms |
| Face Value | ₹10 per share |
The IPO was fully subscribed within minutes on Day 1 and saw subscription levels soar to over 73× in the retail segment by Day 2, reflecting massive investor interest.
What the Grey Market Premium (GMP) Tells Us
The GMP for Highway Infrastructure IPO today stands between ₹38–₹41 per share, which translates to a potential listing gain of 54–57% over the upper band price of ₹70.
What does this mean for investors?
- High Demand: Strong GMP indicates strong sentiment in the unlisted market.
- Likely Listing Pop: If market conditions remain stable, a bumper listing is expected.
- Short-Term Play Potential: Many investors are considering this IPO for short-term listing gains.
About the Company: Highway Infrastructure Ltd
Highway Infrastructure Ltd is a Madhya Pradesh-based EPC company engaged in:
- Toll collection services
- Construction of roads, bridges, and flyovers
- Real estate development (supporting infrastructure projects)
Financials Snapshot (FY25):
- Revenue: ₹495–504 crore
- Net Profit: ₹22.4 crore
- Order Book: ₹666 crore
The company uses ANPR technology (Automatic Number Plate Recognition) to optimize toll management—an edge in India’s growing smart infrastructure sector.
Subscription Status Breakdown (as of Day 2)
| Investor Category | Subscription (x) |
|---|---|
| Retail Individual (RII) | ~73× |
| Non-Institutional (NII) | ~85–97× |
| Qualified Institutional | ~6× |
| Total Overall | 70×+ |
These numbers indicate strong demand across all investor classes, suggesting high oversubscription and potential allotment difficulty.
Important Dates to Track
- IPO Close Date: August 7, 2025
- Allotment Date: August 8, 2025
- Refund Initiation: August 11, 2025
- Demat Credit: August 11, 2025
- Listing Date: August 12, 2025
Should You Subscribe?
Pros:
- Attractive GMP and listing gain potential
- Established player in toll and infrastructure
- Healthy financials and strong order book
- Uses tech-enabled toll systems
Risks:
- SME IPO: Lower liquidity post-listing
- Sectoral risk in government-tendered projects
- Limited analyst coverage compared to mainboard IPOs
Analyst Verdict: “Subscribe for listing gains” or “Subscribe with caution for long-term” depending on your risk appetite.
Frequently Asked Questions (FAQ)
The minimum lot size is 211 shares, requiring an investment of approximately ₹14,770 at the upper price band.
You can apply via your broker or using UPI through online trading platforms like Zerodha, Groww, or ICICI Direct.
Tentative listing is set for August 12, 2025, on NSE and BSE SME platforms.
As of August 7, the GMP is around ₹38–₹41, signaling a potential 57% listing premium.
Final Thoughts: What to Know About Highway Infrastructure IPO Today
If you’re evaluating whether to invest, understanding what to know about Highway Infrastructure IPO today gives you a complete edge. From robust demand and a high GMP to solid financials and a focused sector strategy, this IPO presents an exciting opportunity—especially for short-term gain seekers.