Highway Infrastructure Share Price | IPO Listing Live: The company delivered a stellar subscription performance in its Rs 130 crore IPO last week. Retail investors subscribed 164.48 times their allotted quota, while the non-institutional investor (NII) segment recorded a massive 473.10 times subscription. The qualified institutional buyers (QIB) category also witnessed strong interest, being subscribed 432.71 times.
The IPO, open from August 5 to August 7, included a fresh issue of 1.39 crore shares worth ₹97.52 crore and an offer for sale (OFS) of 0.46 crore shares valued at ₹32.48 crore from the promoters.
In the grey market, the shares are trading at a premium of roughly 34% over the issue price, signaling robust listing expectations. If this momentum continues, the stock could list around ₹94 per share, offering investors significant listing gains.
The company operates in three key areas: tollway collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development.