By Admin 
Highway infrastructure IPO: The IPO of Highway Infrastructure (HIL), a company in toll collection and EPC infrastructure, is opening from today. The last chance of bidding for retail investors is till August 7, 2025. This IPO of Rs 130 crore is trading in the gray market with a gain of 57 percent. The price band for IPO has been fixed at Rs 65-70 per share. On August 12, the share is likely to be listed on NSE SME.
1.39 crore fresh shares will be issued in the IPO, which costs Rs 97.52 crore, while the offer-sel of 0.46 crore shares is included, the total price of which is Rs 32.48 crore. For this, retail investors will have to bid in the lot of 211 shares, that is, an investment of at least Rs 14,770.
For whom how much is the reserve?
30 percent of the highway infrastructure IPO is reserved for qualified institutional buyers (QIB). 30 percent reserve has also been kept for non -institutional investors (NII). Whereas, 40 percent share for retail investors will be reserved.
HIL mainly handles toll collections and infrastructure projects. Apart from this, the company is also active in the real estate sector for some admirers. As of May 2025, its consolidated order book was Rs 666.3 crore. Out of this, more than 90 percent were toll and EPC segment.
Company growing business
HIL mainly handles toll collections and infrastructure projects. Apart from this, the company is also active in the real estate sector for some admirers. As of May 2025, its consolidated order book was Rs 666.3 crore. Out of this, more than 90 percent were toll and EPC segment.
The company has completed 27 toll projects. Currently, four more projects are underway. ANPR-competent toll on Delhi-Meerut Expressway is also included. Along with this, the company has also completed 66 EPC projects in the last few years and some projects are under construction. The scope of this Madhya Pradesh company extends to 11 states and one union territory. In the financial year 2025, HIL’s revenue was Rs 495.7 crore, while NET profit was 4.6 percent to a gain of Rs 22.4 crore. Ebitda margin 6.3 percent and PAT margin 4.5 percent.
What will the company do for IPO money?
The company has a plan to allot Rs 65 crore for working capital out of the amount raised from the IPO. While the remaining money will be used for normal corporate purposes. Pantometa Capital is the only book-hanging lead manager and Bigsare Services Registrar.
Should you subscribe?
Anand Rathi has rated ‘Subscribe for long term’ to this issue due to the adoption of technology such as steady financial conditions, fastags and ANPRs and government cooperation in infrastructure.
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
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