The mainboard IPO, worth ₹130 crore, includes a fresh issue of shares amounting to ₹97.5 crore and an offer-for-sale (OFS) of ₹32.5 crore. The IPO was open for bidding from August 5 to August 7.
During the three-day subscription period, Highway Infrastructure IPO received an overwhelming demand as the public offer was overall booked 300.61 times. The IPO received applications for 482.27 crore shares against the 1.6 crore shares on offer.
The Qualified Institutional Buyers’ (QIB) segment was subscribed 420.57 times, while the non-institutional investors’ (NII) category saw a robust subscription of 447.32 times. The retail quota was booked 155.58 times.
The price band for the IPO was fixed at ₹65 to ₹70 per share.
Investors who applied for the IPO can check the allotment status online through the official websites of the BSE, NSE, and the issue registrar, Bigshare Services Pvt. Ltd.
Steps to check Highway Infrastructure IPO allotment status on BSE:
· Visit the BSE IPO allotment page at https://www.bseindia.com/static/investors/application_statuschecksystem.aspx.
· Select ‘Equity’ as the issue type.
· From the dropdown menu under ‘Issue Name’, select Highway Infrastructure.
· Enter your Application Number or PAN.
· Click on ‘Search’ to view your allotment details.
Steps to check IPO allotment status on Bigshare Services website:
· Open the Bigshare Services website and go to the IPO allotment page at https://www.bigshareonline.com/
· Select any one of the available ‘Links’ from the five options.
· Choose ‘Highway Infrastructure’ from the dropdown menu.
· Enter your PAN, application number, or DP/Client ID.
Investors can also check the Highway Infrastructure IPO allotment status on the NSE website using their PAN and application number.
The company will initiate refunds and transfer of shares to the Demat accounts on August 11. Highway Infrastructure shares are tentatively scheduled to be listed on the BSE and NSE on August 12.
About the company
Highway Infrastructure primarily engages in tollway collection, EPC infrastructure projects, and, to a smaller extent, real estate development. As of May 2025, its consolidated order book stood at ₹666.3 crore, with more than 90% coming from its core toll and EPC operations.
The company has completed 27 tollway projects and currently operates four, including ANPR-enabled tolling on the Delhi–Meerut Expressway.
Over the years, it has executed 66 EPC projects, with 24 currently in progress. While its primary presence is in Madhya Pradesh, its operations extend across 11 states and one Union Territory.
