A Oneindia Venture

Jackpot Alert! Highway Infrastructure Shares Rally 75% on Stock Market Debut; Huge Profits for Investors

Highway Infrastructure shares made a spectacular debut on the stock market today, rewarding investors with impressive profits right from the start. Listed simultaneously on the BSE and NSE on August 12, the company's stock surged sharply by as much as 75% and is now locked in the upper circuit at Rs. 122.84.

Highway Infrastructure Shares

Highway Infrastructure Shares Today

Highway Infrastructure's IPO was one of the most eagerly awaited issues of the year, and it lived up to the hype by opening at a significant premium over its issue price. On the BSE, shares listed at Rs. 117, with a 67.14% premium over the IPO price of Rs. 70. Similarly, on the NSE, the stock debuted at Rs. 115, a gain of 60% from the issue price.
Post-listing, the shares extended their gains by hitting the 5% upper price band on both exchanges, reaching Rs. 122.84 on the BSE and Rs. 120.75 on the NSE, giving an impressive 75.49% gain for IPO investors.

Incredible Demand For Highway Infrastructure IPO

The Highway Infrastructure IPO received an extraordinary subscription when it was opened for bidding. The issue was subscribed to a massive 300.61 times overall. Bids for 4.82 billion shares were placed against just over 160 million shares on offer. Breaking it down further, the retail portion was subscribed 164.48 times, the Qualified Institutional Buyers segment a whopping 432.71 times, and the Non-Institutional Investors category 473.10 times by the close of bidding on August 7th.

Profits for Investors: How Much Did You Gain?

Investors who received an allotment of the Highway Infrastructure IPO are now enjoying profits almost immediately. A typical lot size of 211 shares generated a profit of Rs.27072.5 per lot based on the current share price. This kind of return on day one is rare and is a clear win for those who subscribed.

Highway Infrastructure IPO Details

Highway Infrastructure's IPO had a total size of Rs. 130 crores, combining both a fresh issue and an offer for sale. The fresh issue consisted of 1.39 crore shares valued at Rs. 97.52 crores, while the offer for sale included 0.46 crore shares worth Rs. 32.48 crores. The IPO price band was set at Rs. 70 per share. The bidding period for the IPO ran from August 5 to August 7, with the allotment finalised on August 8. Additionally, Highway Infrastructure successfully raised Rs. 23.40 crore from anchor investors ahead of the public issue.

Highway Infrastructure Financial Performance

Highway Infrastructure Ltd's financial performance in the quarter ending March 31, 2025, remained mixed. The company's total income decreased by 13%, dropping from Rs. 576.58 crore in FY24 to Rs. 504.48 crore in FY25. Despite this decline in revenue, Highway Infrastructure's profit after tax (PAT) rose by 5%, reaching Rs. 22.40 crore compared to Rs. 21.41 crore the previous year. The company's assets grew steadily to Rs. 231.56 crore, up from Rs. 202.63 crore in FY24. EBITDA, however, declined to Rs. 31.32 crore from Rs. 38.44 crore. Net worth also saw a healthy increase, rising to Rs. 117.72 crore, supported by stable reserves and a surplus of Rs. 83.90 crore. Total borrowings edged up slightly to Rs. 71.82 crore.

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