Highway Infrastructure IPO

Issue:₹70

List:₹117

CMP:₹52.7

NSELot: 211Mainboard

LISTEDMAINBOARD

Issue Price₹70

Listing₹117

Current₹52.7

Price Band

₹65 - ₹70

Lot Size

211

Issue Size

₹130 Cr

GMP

₹0

Subscription

28.51x

Content

IPO Schedule

Open

5 Aug

7 Aug

Allotment

Listing

12 Aug

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.

Subscription Status

QIB

5.06x

NII

35.39x

Retail

30.38x

Category	Day 2	Day 1
QIB	6.46x	5.06x
NII	89.10x	35.39x
Retail	70.45x	30.38x
Total	67.91x	28.51x

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.