4 hours ago
1
Highway Infrastructure Listing: The Rs 130-crore initial public offering (IPO) of Highway Infrastructure, which concluded with a subscription of over 300 times the shares on offer, is set to list on the NSE and BSE on Tuesday, August 12.
Pre-open indicative price
As of 9 am (the pre-open session), shares of Highway Infrastructure (HILINFRA) were indicating a listing price of Rs 125, up 78.57 per cent from the IPO issue price.
The IPO, open for subscription from August 5 to August 7, was priced in the range of Rs 65–70 per share. The public issue comprised a fresh issue worth Rs 97.52 crore and an offer-for-sale of 46.40 lakh shares.
Highway Infrastructure subscription details
The offering drew strong investor interest, with overall subscription reaching 316.64 times. Among categories, high-net-worth individuals (HNIs) led with bids 473.10 times their allotted 55,71,429 shares. The qualified institutional buyers (QIBs) segment was also heavily oversubscribed at 473.10 times, while the retail investor portion was subscribed 164.48 times.
(This will be updated soon.)
English (US) ·