Highway Infrastructure IPO: Subscription 300x, GMP Hints at 35% Listing Gains
Highway Infrastructure IPO sees 300x subscription; expected listing price ₹94 per share.
Highway Infrastructure IPO Listing on Aug 12 — Grey Market Premium Signals Strong Debut
Mumbai, August 11 — Shares of Highway Infrastructure Ltd are set to make their debut on Dalal Street tomorrow, August 12, 2025, following an oversubscribed IPO that drew massive investor interest. The equity shares will list on both BSE and NSE.
📌 GMP Signals Bullish Debut:
Market experts report a Grey Market Premium (GMP) of ₹24 per share, indicating a likely listing price of ₹94 — about 35% above the issue price of ₹70.
📊 IPO Highlights
♦ IPO Dates: Aug 5–7, 2025
♦ Allotment Date: Aug 8, 2025
♦ Listing Date: Aug 12, 2025
♦ Price Band: ₹65–₹70 per share
♦ Issue Size: ₹130 crore
♣ Fresh Issue: 1.39 crore shares worth ₹97.52 crore
♣ OFS: 46.4 lakh shares worth ₹32.48 crore
📈 Subscription Status
The IPO received a whopping 300.61x overall subscription:
♦ Retail Investors: 155.58x
♦ Non-Institutional Investors (NII): 447.32x
♦ Qualified Institutional Buyers (QIB): 420.57x
🏢 Key Players
♦ Lead Manager: Pantomath Capital Advisors Pvt Ltd
♦ Registrar: Bigshare Services Pvt Ltd
💡 Outlook: The combination of record subscription levels and a healthy grey market premium suggests a robust listing day performance, though actual gains will depend on market sentiment at the opening bell.
