Highway Infrastructure Ltd

Highway Infrastructure Ltd IPO

Highway Infrastructure Ltd IPO Price Range is ₹65 - 70, with a minimum investment of ₹14,770 for 211 shares per lot.

Minimum Investment

₹14,770

/ 211 shares

IPO Status

Live

Price Band

₹65 - 70

Bidding Dates

Aug 5, 2025 - Aug 7, 2025

Issue Size

₹130.00 Cr

Lot Size

211 shares

Min Investment

₹14,770

Listing Exchange

NSE

Highway Infrastructure Ltd IPO Application Timeline

upcoming
Open Date5 Aug 2025
Close Date7 Aug 2025
Allotment Date8 Aug 2025
Listing Date12 Aug 2025

Strengths and Risks

Strengths

Strengths

  • Focused on tollway collection business.

  • Roads, flyovers and Bridge construction.

  • Order Book of tollway collection, roads, flyovers and bridge construction projects from various government agencies.

  • Strong execution capabilities with industry experience.

  • Experienced management team.


Risks

Risks

  • We derive significant portion of revenue from operations from our tollway collection business which is primarily undertaken for and awarded by the NHAI. Further, most of our revenue in the EPC Infra business is from public sector customers. The loss of any of our contracts, particularly in our tollway collection business may have a material and adverse effect on our business and financial results.

  • Our business is relatively concentrated in certain specific parts of India and any adverse development in such parts of India may adversely affect our business, results of operations and financial condition.

  • The contracts awarded by NHAI are typically for a standard period of one year. Such limited tenures with limited scope of extension or roll-over may limit over revenue collection and have a material effect on our business and results of operations.

  • Our business is capital driven. If we experience insufficient cash flows to meet required payments on our debt and funding working capital requirements, there may be an adverse effect on the results of our operations.

  • Our Promoters and certain of our Key Managerial Personnel may have interest in entities, which are engaged in lines of business similar to that of our Company including our Group Companies which have objects similar to that of our Company. Any conflict of interest which may occur between our business and the activities undertaken by such entities could adversely affect our business and prospects.

  • We have entered and may continue to enter into projects with our related parties such as our Group Companies and Subsidiary, which may involve conflicts of interest.

  • Working capital involves frequent and ongoing funds movements as per the requirement. The projected working capital represents funds in motion and are relatively difficult to be monitored and may not always be used as projected.

  • Working capital projections made by our Company are based on our managements assumptions and estimated working capital requirements. A substantial amount of Offer Proceeds out of the Fresh Offer is intended to be used for working capital. We may require alternate funding in Fiscal 2026 post the utilization of Net Proceeds and if our Company is unable to raise sufficient working capital, the operations of our Company will be adversely affected.

  • Our Company will not receive any proceeds from the Offer for Sale.

  • The proforma consolidated financial information included in this Red Herring Prospectus has been certified by Independent Chartered Accountant who is not the statutory auditor of our Company and may not accurately reflect our results of operations, financial position and cash flows.

How to Apply for Highway Infrastructure Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Highway Infrastructure Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Highway Infrastructure Ltd

We are an infrastructure development and management Company. Our Company is engaged in the business of tollway collection, EPC Infra and real estate businesses. While the Companys business spans facets of infrastructure development and management, tollway collection stands out as a significant mix of its business, driving our revenues and financial performance followed by EPC Infra business which comprises of executing construction development projects of different types like roads, bridges, tanks, irrigation related construction and civil buildings etc. for customers. As on May 31, 2025, our consolidated Order Book is Rs.6,663.07million, comprising of Rs.595.30 million in tollway collection business and Rs.6,067.77 million in EPC Infra business.

Frequently Asked Questions of Highway Infrastructure Ltd IPO

What is the size of the Highway Infrastructure Ltd IPO?

The size of the Highway Infrastructure Ltd IPO is ₹130 Cr.

What is the allotment date of the Highway Infrastructure Ltd IPO?

Highway Infrastructure Ltd IPO allotment date is Aug 8, 2025 (tentative).

What are the open and close dates of the Highway Infrastructure Ltd IPO?

The Highway Infrastructure Ltd IPO will open on Aug 5, 2025 and close on Aug 7, 2025

What is the lot size of Highway Infrastructure Ltd IPO?

The lot size for the Highway Infrastructure Ltd IPO is 211.

When will my Highway Infrastructure Ltd IPO order be placed?

Your Highway Infrastructure Ltd IPO order will be placed on Aug 5, 2025

Can we invest in Highway Infrastructure Ltd IPO?

Yes, once Highway Infrastructure Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Highway Infrastructure Ltd IPO?

The potential listing gains on the Highway Infrastructure Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Highway Infrastructure Ltd IPO?

'Pre-apply' for Highway Infrastructure Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.