highway infrastructure limited

highway infrastructure limited

HILINFRA • ISIN: INE00RL01028

BSE, NSE

Listing Price: ₹115

+64.29% Gain
About Company

Highway Infrastructure Limited (HIL), incorporated in 1995, is an Indian infrastructure development and management company engaged in tollway collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The company specializes in the construction and maintenance of roads, highways, bridges, and residential projects.

Business Segments:


Tollway Collection Business:

HIL operates and manages tollway collection systems for highway projects, which are awarded through competitive bidding.
The company is among the few toll operators using ANPR (Automatic Number Plate Recognition) technology for tollway collection on the Delhi-Meerut Expressway.
Toll collection operations extend across 11 states and one Union Territory.
The company employs an updated Electronic Toll Collection (ETC) system using RFID tags and digital payment platforms for seamless toll payments.
As of August 31, 2024, HIL has completed 24 tollway collection projects and is currently operating 07 tollway collection projects.

EPC Infra Projects:

HIL has in-house resources to manage projects from conceptualization to completion.
The company has experience in various infrastructure projects, including roads, bridges, tanks, irrigation-related construction, and civil buildings.
As of August 31, 2024, HIL has completed 63 EPC Infra projects, with 20 projects currently under execution.
Ongoing projects are being executed in Indore, Ratlam, and Khandwa in Madhya Pradesh, India.

Real Estate:

The real estate segment involves owning, developing, constructing, and selling commercial and residential properties.
The company has developed gated communities and housing projects over time.
Real estate is the smallest business segment of HIL.



Workforce: As of August 31, 2024, HIL employs 398 individuals across its business segments.

Investment Objective

Funding Working Capital Requirements of the Company.

General Corporate Purposes.

₹70

Price Band

14.8K

Min Investment

211 shares

Lot Size

22.41x

P/E Ratio

Important Dates

Issue Opens

5 Aug 2025

Issue Closes

7 Aug 2025

Allotment

8 Aug 2025

Listing

12 Aug 2025

Subscription Status
QII

Qualified Institutional Investors

135.37x

754,227,307 / 5,571,427 shares

HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

310.67x

1,153,904,773 / 3,714,286 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

257.31x

477,860,562 / 1,857,143 shares

Retail

Retail Individual Investors

98.19x

729,377,626 / 7,428,572 shares

Financial Performance
Offer Documents
RHP
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DHRP
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Issue Details
Issue TypeBB
Face Value₹5
Lead ManagersPantomath Capital Advisors Pvt Ltd
Min Quantity211
Max Quantity7,142
Company Promoters
Arun Kumar Jain
Anoop Agrawal
Riddharth Jain
Website

http://www.highwayinfrastructure.in/

Email

cs@highwayinfrastructure.in

Phone+91 731 4047177
Address

Highway Infrastructure Ltd.
57-FA, Scheme No. 94,
Pipliyahana Junction,
Ring Road,
Indore, Madhya Pradesh, 452016