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Highway Infrastructure share price: Stock makes solid debut at over 64% premium; here's how much investors gained per lot

Kamal Joshi
By Kamal Joshi

3 min read | Updated on August 12, 2025, 10:09 IST

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SUMMARY

Highway Infrastructure share price: The ₹130 crore initial share sale consisted of new equity shares valued at ₹97.52 crore and an offer for sale of ₹32.48 crore by promoters Arun Kumar Jain and Anoop Agrawal. The price band was fixed at ₹65-₹70 per share.

Highway Infrastructure Ltd is engaged in EPC projects, toll way collection, and real estate development. | Image: highwayinfrastructure.in

Highway Infrastructure Ltd is engaged in EPC projects, toll way collection, and real estate development. | Image: highwayinfrastructure.in

Highway Infrastructure share price: Shares of Highway Infrastructure made a robust debut at ₹115 per share on the National Stock Exchange (NSE). This reflects a premium of 64.29% over the IPO issue price of ₹70 per unit.

Minutes into the listing, it further climbed 5% to ₹120.75, its upper circuit limit.

On the BSE, it started trading at ₹117 a share, up 67.14%.

Highway Infrastructure share price: Here's how much investors gained

A lot consisted of 211 shares. Investors who received Highway Infrastructure IPO allotment made ₹24,265 per lot.
Highway Infrastructure IPO was subscribed 300.61 times, as it secured bids for 4,82,27,63,700 shares as against 1,60,43,046 shares on offer.
CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers22,92,91496,43,33,511420.57
Non-Institutional Investors58,92,9142,63,60,08,863447.32
Retail Investors78,57,2181,22,24,21,326155.58
Total1,60,43,0464,82,27,63,700300.61

The ₹130 crore initial share sale consisted of new equity shares valued at ₹97.52 crore and an offer for sale of ₹32.48 crore by promoters Arun Kumar Jain and Anoop Agrawal. The price band was fixed at ₹65-₹70 per share.

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The money raised will go for working capital requirements and general corporate purposes.

Highway Infrastructure, incorporated in 1995, provides EPC (Engineering, Procurement, and Construction), toll-way collection, and real estate development services.

It undertakes government-based projects, especially those awarded by the National Highways Authority of India, or NHAI, and state agencies.

Pantomath Capital Advisors was the sole book-running lead manager of the issue, while Bigshare Services served as the registrar.

The company had posted a 4.57% increase in its profit after tax to ₹22.39 crore in the financial year 2024-25, compared to ₹21.41 crore a year back.

However, its revenue from operations declined 13.55% to ₹495.71 crore in FY25 vs ₹573.45 crore a year back.

The listing was better than the grey market premium (GMP) estimates of market debut at 34.29% premium, according to investorgain.com and media reports.
Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.