Latest Markets Business BEEPS Earnings Personal Finance

Highway Infrastructure Lists At 67% Premium Over IPO Price

Highway Infrastructure shares opened trading at Rs 115 on the NSE and Rs 117 on the BSE. The IPO price was Rs 70.

Shubhayan Bhattacharya

(Photo source: Unsplash/Ridham Nagralawala)

Quick Read
Summary is AI Generated. Newsroom Reviewed

  • Highway Infrastructure Ltd. debuted at a 67% premium over its IPO price
  • The stock opened at Rs 115 on NSE and Rs 117 on BSE against Rs 70 IPO price
  • The Rs 130 crore IPO was subscribed 300.61 times overall
Did our AI Summary help ?  Let us know

Highway Infrastructure Ltd. made a stellar debut at the stock market on Tuesday, listing at a premium of 67% over the IPO price. The scrip opened trading at Rs 115 on the NSE and Rs 117 on the BSE. The IPO price was Rs 70.

The Rs 130-crore IPO was subscribed 300.61 times, with the non-institutional investors portion overbooked by 447 times, institutional investors by 420 times and the retail portion by 156 times.

The Highway Infrastructure IPO was a mix of fresh issue of 1.39 crore shares aggregating to Rs 97.52 crore and an offer for sale of 46.4 lakh shares amounting to Rs 32.48 crore.

X

Incorporated in 1995, Highway Infrastructure Ltd. (HIL), is engaged in tollway collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The Indore-based company specialises in the construction and maintenance of roads, highways, bridges, and residential projects.

Also Read: Stock Market Today: Nifty Ends Below 24,500, Sensex Settles Over 300 Points Lower After See-Saw Trade

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
WRITTEN BY
Shubhayan Bhattacharya
Shubhayan covers markets and business news at NDTV Profit. He has a keen in... more
GET REGULAR UPDATES
Beeps Img

Philippines Says Seriously Concerned With Chinese Ships’ Actions In South China Sea

  • chevron-double-right Philippines expressed serious concern over Chinese vessels' dangerous manoeuvres this week
  • chevron-double-right Chinese vessels collided after one chased a Philippine Coast Guard ship in the South China Sea
  • chevron-double-right Philippines called Beijing's actions unlawful interference with a humanitarian operation
More Beeps chevron-right

RECOMMENDED FOR YOU

Regaal Resources IPO Fully Subscribed On Day One — Check GMP And Other Details
timelogo Aug 12, 2025
Regaal Resources' IPO To Open On Aug 12; Sets Price Band At Rs 96-102 Per Share
timelogo Aug 07, 2025
Flysbs Aviation IPO, Day 2: Check Subscription Status, Latest GMP And More
timelogo Aug 04, 2025
Indogulf Cropsciences Shares List At IPO Price Of Rs 111 Despite Solid Public Issue
timelogo Jul 03, 2025

POPULAR

1
Stock Market LIVE: Sensex Falls Over 300 Points, Nifty At Day's Low As HDFC Bank, ICICI Bank Weigh
2
Final Day! Medistep Healthcare IPO: Check GMP, Subscription Status, Allotment Date And Status
3
Q1 Results Live: HAL Profit Down 4%, Hindalco Profit Dips 24%; ONGC, Suzlon, NSDL In Focus
4
Tata Motors Demerger Effective Oct. 1 — Check Ratio, Other Details
5
Net Direct Tax Collection Slips 4% In FY26 So Far, Refunds Rise 10%