August, 18 2025 Monday 03:11 Hrs
  • SENSEX :   80,597.66

  • Commodity broking firm in India57.75( 0.07%) 14-Aug-2025

IPO Synopsis

Highway Infrastructure Ltd
Initial public offering of 18,571,428 equity shares of face value Rs. 5/- each ("Equity Shares") of the company for cash at a price of Rs. 70 per equity share (including a share premium of Rs. 65 per equity share) ("Offer Price") aggregating to Rs.130.00 crores (the "Offer") comprising a fresh offer of 13,931,428 equity shares of face value Rs. 5/- each aggregating to Rs. 97.52 crores by the company (the "Fresh Offer") and an offer for sale of4,640,000 equity shares of face value Rs. 5/- each aggregating to Rs. 32.48 crores by Arun Kumar Jain and Anoop Agrawal( "Promoter Selling Shareholders"),each promoter selling shareholder providing an offer for sale of 2,320,000equity shares of face value Rs. 5/- each (and such offer for sale of equity shares by the promoter selling shareholders the "Offer for Sale"). The offer will constitute 25.89 % of the post-offer paid-up equity share capital of the company. The "Offer for Sale" and together with the fresh offer, the "Offer".
Issue
Opens On Closes On
05-Aug-25 07-Aug-25
Money Payable On
Application Allotment
70.00 0.00
Minimum Application for shares in Nos : 211 Further Multiples of : 211
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 85.03 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 130.00  
Post Issue Equity Share Capital (.Cr) 35.86
Issue Price () 70.00
Projects
Funding working capital requirements of the company
General corporate purposes
Promoted By
Arun Kumar Jain
Anoop Agrawal
Riddharth Jain
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd
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