Price Band
₹65 - ₹70
Lot Size
211
Issue Size
₹130 Cr
GMP
N/A
Subscription
67.91x
Analyzing...
IPO Schedule
1
Open
5 Aug 2025
2
Close
7 Aug 2025
3
Allotment
-
4
Listing
12 Aug 2025
About Highway Infrastructure
Highway Infrastructure Limited is engaged in the construction, operation, and maintenance of highways and other infrastructure projects. They primarily focus on EPC (Engineering, Procurement, and Construction) projects and BOT (Build, Operate, Transfer) projects in the road sector.
Key Strengths
- Strong ROE of 19.03% indicates efficient utilization of shareholder equity.
- Established presence in the highway infrastructure sector.
- Experienced management team with a proven track record.
- Healthy order book providing revenue visibility.
- Focus on EPC and BOT projects which offer potentially higher margins.
Risk Factors
- •Dependence on government contracts and regulatory approvals.
- •Fluctuations in raw material prices (e.g., bitumen, cement) can impact profitability.
- •Intense competition in the infrastructure development sector.
Valuation Analysis
The IPO is priced at a P/E of 18.06, which appears reasonably valued compared to some listed peers in the infrastructure sector, suggesting a potential for moderate gains if the company continues to perform well.
IPO Details
ExchangeNSE
SegmentMAINBOARD
ISININE00RL01028
NSE SymbolHILINFRA
Face Value₹5
Lot Size211
Issue Size₹130 Cr
Key Metrics
ROE19.03%
ROCE16.56%
P/E Ratio18.06
Industry P/E20
EPS3.88
PAT Margin4.44%
Debt/Equity0.61
Growth & Quality
ProfitableYes ✓
Subscription
Total28.51x
Documents
RHP not available
Key Dates
Open Date5 Aug 2025
Close Date7 Aug 2025
Listing12 Aug 2025