highway infrastructure limited IPO
IPO Overview
Highway infrastructure limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹70 per share, and retail investors can apply with a minimum investment of ₹14.8K as per IPO guidelines.
The Highway infrastructure limited IPO opens on 5 Aug 2025 and closes on 7 Aug 2025. The IPO allotment is expected to be finalized on 8 Aug 2025, and the equity shares are proposed to be listed on BSE, NSE on 12 Aug 2025.
Investors can refer to the Highway infrastructure limited IPO RHP-DRHP for detailed information. The issue is managed by Pantomath Capital Advisors Pvt Ltd as the book running lead manager, while Bigshare Services Pvt Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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
General Corporate Purposes.