The IPO of Highway Infrastructure has generated a lot of buzz in the Indian stock market and the reasons are obvious. This 130 crore public issue has already pulled the attention of all types of investors due to its excessive subscription of 300 times and Estimated good premia in the grey market (GMP). You are among the many who applied to this IPO?
Here is all you have to know about how to know your allotment, the trends in the GMP and what to expect during the listing.
Highway Infrastructure IPO: Key Details at a Glance
Highway Infrastructure Limited is a company that deals with infrastructure development and management; this company announced its initial public offering, with a price range of 65-70per share.
The problem, which was published to subscribers during 5-7 August 2025, will include:
- Total Issue Size: ₹130 crores
- Fresh Issue: ₹97.52 crores (1.39 crore equity shares)
- Offer for Sale (OFS): ₹32.48 crores (46.4 lakh shares)
- Listing Date: August 12, 2025 (BSE & NSE)
- Registrar: Bigshare Services Private Limited
- Lead Manager: Pantomath Capital Advisors Pvt Ltd
Remarkable Subscription Numbers
The market gave an unprecedented kind of response to the Highway Infrastructure IPO that was subscribed 300.61 times as a whole. And here is the category-wise breakdown, which narrates an interesting story:
- Qualified Institutional Buyers (QIBs): 420.57 times
- Non-Institutional Investors: 447.32 times
- Retail Individual Investors: 155.58 times
The high institutional demand especially by QIBs and NIIs, serves as a sign of assurance in the business of the company as well as its future. Although the retail subscription was comparatively low, this does not mean that there was no interest by the investors, as the number is very high, at 155 times oversubscription.
How to Check Your Highway Infrastructure IPO Allotment Status
With such massive oversubscription, checking your allotment status becomes crucial. The allotment was finalized on August 8, 2025, and you can verify your status through multiple channels:
Method 1: Bigshare Services (Official Registrar)
- Visit the official Bigshare Services IPO status page
- Select “Highway Infrastructure” from the company dropdown
- Enter your PAN number, application number, or DP Client ID
- Complete the captcha verification
- Click “Search” to view your allotment status
Method 2: NSE Website
- Navigate to NSE’s IPO allotment verification page
- Select “Equity & SME IPO bid details”
- Choose “Highway Infra” as the company symbol
- Input your PAN number and application number
- Click “Submit” to check status
Method 3: BSE Portal
- Visit BSE’s official website
- Go to “Investors” → “Investor Services” → “Status of Issue Application”
- Select “Equity” as issue type
- Choose “Highway Infrastructure” as the issue name
- Enter your PAN details and search
Grey Market Premium (GMP) Analysis
The grey market premium often serves as an indicator of listing performance, though it’s not guaranteed. Highway Infrastructure IPO has shown impressive GMP trends:
Current GMP Status: ₹24-36 per share (as of latest reports) Expected Listing Price: ₹94-106 per share Potential Premium: 35-51% above the issue price
The rise and fall of the GMP from 36 to 24 reasonably implies that there could be profit booking in the grey market, which is natural pre-admission. The fact that the premium is maintained further means that the investors are optimistic about the future of the company.
Learning the Business
The highway infrastructure limited business operations in the infrastructure development and management space that is seeing lots of government investment and government policies. The location of the firm in this expanding industry and the infrastructure expansion plans by India present it as a good investment proposal.
The proceeds from the fresh issue will be utilized for:
- Working capital requirements
- General corporate purposes
This indicates the company’s focus on strengthening its operational capabilities and expanding its business footprint.
Investment Considerations: Pros and Cons
Positive Factors:
- Strong institutional interest (420+ times QIB subscription)
- Infrastructure sector growth potential
- Government policy support for infrastructure development
- Reasonable valuation at ₹65-70 price band
Risk Factors:
- Massive oversubscription may limit allotment chances
- Infrastructure sector dependency on government policies
- Market volatility affecting listing performance
- Grey market premium fluctuations
What Should Investors Do?
With the listing scheduled for August 12, 2025, investors should consider:
- For Allotted Investors: Monitor opening price trends and decide based on your investment horizon
- For Non-Allotted Investors: Wait for listing day volatility to settle before considering entry
- Long-term Perspective: Focus on company fundamentals rather than short-term price movements.
Market Expert Views and Recommendations
Market observers have shown optimism about Highway Infrastructure IPO, primarily due to:
- Strong subscription across all investor categories
- Healthy grey market premium indicating demand
- Sector tailwinds supporting infrastructure companies
- Company’s positioning in a growth sector
However, experts also advise caution regarding the high valuation expectations and recommend thorough fundamental analysis.
Final advice by gi experts
Highway Infrastructure IPO is a Compelling situation in the infrastructure sector with thriving investor demand and affordable sector potentials. Such magnitude of oversubscription demonstrates that the market has confidence but also reduces chances of allotments to individual investors.
Did you get an allotment or are you thinking about making a post-listing purchase? either way, keep in mind that IPO investments need to suit your risk tolerance and investment goals. The infrastructure sector is a business with a long-term growth potential but not without risk, just like any other investment.
Before the listing date approaches, exercise caution and continue to watch the company fundamentals, sector progress, and market environment so that your investment choices can be informed. The Highway Infrastructure IPO tale has only just started and its future success hinges on its implementation and the market conditions, as well as the performance of the infrastructure sector at large.
It is imperative to remember to keep track of your allotment status, using any of the above official channels, and plan your investment strategy accordingly on the day of the listing as well as afterward.
