Highway Infrastructure IPO: GMP, Subscription, Listing, and Expert Review

India’s road sector is growing fast. One name that stands out is Highway Infrastructure. The company’s IPO has caught attention. Investors are rushing to grab shares before the window closes. With strong demand and grey market buzz, this IPO might be more than just a short-term bet. In this blog, we break down every key detail. From subscription stats to expert reviews, you’ll find all the facts here—short, sharp, and easy to understand. Let’s see what makes the highway infrastructure IPO so popular.

What is Highway Infrastructure?

Highway infrastructure limited is an Indian construction company. It works on highways, toll and EPC projects. The company mixes the old methods of construction and the new technologies such as ANPR (Automatic Number Plate Recognition). This smart combination helps the company stand out in India’s highway infrastructure market. It works on both public and private road projects. It has built a strong reputation in toll operations and road construction.

Their focus is simple: Build better roads. Use better tools.

IPO Opening and Closing Dates

The IPO opened on 5 August 2025. It will close on 7 August 2025. Investors have only three days to apply.

Here are the important IPO dates in one place:

The short window means quick decisions. Stay ready with your demat account and funds.

Highway Infrastructure IPO Price Band

The company has fixed the price band between ₹65 to ₹70 per equity share. It plans to raise ₹130 crore through this public offer. The IPO is a mix of fresh issue and offer for sale. The company will list on both BSE and NSE.

This price range gives investors a fair valuation for a growing infrastructure firm.

Grey Market Premium: Strong Investor Buzz

The Grey Market Premium (GMP) shows real-time investor interest. As of 7 August, the Infrastructure IPO has a GMP of ₹41. This is ₹3 higher than the previous day’s ₹38.

The table below shows this movement:

This rising GMP proves that the market expects a strong listing. Even amid market sell-offs, the GMP is holding firm.

Subscription Status by Investor Category

The IPO has been heavily subscribed across all investor classes. As of 2:06 PM on Day 2, the total subscription stood at 207.649 times.

Here’s a breakdown by category:

Such massive numbers indicate high trust in infrastructure and the company’s potential.

Analysts Share Their IPO Recommendations

Brokerage firms have given a thumbs-up to the IPO. They see it as a solid long-term pick in India’s road sector.

Anand Rathi’s View

“At the upper price band, the P/E ratio is 22.5x based on FY25 earnings. The post-issue market cap will be around ₹502 crore. The company has a strong order book and uses tech like ANPR for toll collection. Our verdict: SUBSCRIBE – LONG TERM.”

Arun Kejriwal’s Opinion

“The ₹130 crore issue size makes it a small-cap player. Still, it fits well in India’s fast-expanding infrastructure sector. It’s a strong fit for investors who believe in road development stories.” These reviews show that the IPO is fully priced but future-focused.

Highway Infrastructure: Business Strengths

The company stands strong due to its hybrid model and smart execution strategy. It mixes toll-based revenues with EPC work.

Top strengths:

• Use of ANPR toll systems
  
• Balanced revenue from toll and EPC
  
• Niche position in road projects
  
• Strong project pipeline
  

This mix reduces dependency on a single revenue stream. That’s a win in any market.

Government Push for Highway Infrastructure in India

India is spending big on infrastructure. The government’s National Infrastructure Pipeline and Bharatmala Project are just the start.

Key focus areas include:

• Faster highway development
  
• Private sector involvement
  
• Use of digital toll systems
  
• Road safety and smart corridors
  

All these benefit companies like Highway Infrastructure Limited. The company is set to grow along with national planning goals.

Highway Sector Growth Outlook

India plans to build over 50,000 km of highways in the next five years. With digital tolling, the pace is expected to rise.

Industry Outlook Points:

• ₹2.3 lakh crore spent in FY25
  
• 25+ greenfield projects underway
  
• Boost in PPP (Public-Private Partnerships)
  
• Push toward 100% ANPR tolling
  

This growth supports companies in the infrastructure sector.

Key Features of Highway Infrastructure IPO

Here’s a complete snapshot of the offering for easy reference:

The IPO has all the elements investors look for: value, growth, and strong sector demand.

Should You Invest in Highway Infrastructure IPO?

Still wondering whether to apply? Let’s summarize.

Reasons to Apply:

• Strong GMP of ₹41
  
• Over 200x oversubscription
  
• Long-term growth in roads sector
  
• Smart toll technology used
  

Points to Consider:

• Small issue size
  
• Fully priced at P/E of 22.5x
  

Final verdict: If you believe in India’s infrastructure boom, this IPO is a long-term fit.

Post-IPO Business Focus

Once listed, the company will likely focus on:

• Expanding in new states
  
• Partnering with government bodies
  
• Scaling toll-based projects
  
• Strengthening tech in tolling
  

All these support a stable growth journey within the highway ecosystem.

Conclusion: Highway Infrastructure IPO Is Worth Watching

The Highway Infrastructure IPO offers more than short-term gains. It’s a bet on India’s future. With roads forming the backbone of transport, companies like this are set to thrive. Strong grey market interest, expert backing, and huge subscriptions make it a standout IPO. If you’re looking for a long-term growth story tied to national development, this is a wise entry point.

Don’t miss the final day to apply. This IPO could be your smooth ride to long-term returns—powered by India’s highway revolution.

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