Highway Infrastructure Ltd. | Globe Capital Market LTD.
Highway Infrastructure Ltd.
Closed
Price Band
₹65 to ₹70 per share
IPO Issue Period
August 5, 2025 to August 7, 2025
Issue Size
₹130.00 Cr
Face value
₹5 per share
Fresh issue
₹97.52 Cr
Offer for sale
₹32.48 Cr
Minimum Shares for Retail
211 Shares
Listing on
BSE, NSE
Issue Type
Book Built Issue IPO
Registrar to the Issue
Bigshare Services Pvt Ltd
Tentative Listing Date
Tue, Aug 12, 2025
QIB
30%
NII
30%
Retail
40%

Pantomath Capital Advisors Pvt Ltd

Highway Infrastructure Limited (HIL), incorporated in 1995, is an Indian infrastructure development and management company engaged in tollway collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The company specializes in the construction and maintenance of roads, highways, bridges, and residential projects.

Business Segments:

  1. Tollway Collection Business
  2. EPC Infra Projects
  3. Real Estate

For the year/period ended (Rs. in Cr.)

FY25 FY24 FY23
Total Revenue 504.48 576.58 456.83
Profit After Tax 22.40 21.41 13.80
EPS 3.40 3.28 2.03
OPM (%) 6.32% 6.70% 6.08%
PATM (%) 4.44% 3.71% 3.02%

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY25
Net Profits(Cr.)
FY25
Highway Infrastructure Ltd *502.4 70 3.43 20.5 504.48 22.40
H.G. Infra Engineering Ltd. 6,711.65 1,029.85 2.28 13.28 5,056.18 503.87
IRB Infrastructure Developers Ltd. 26,933.94 44.6 1.36 4.16 7,613.47 6,617.79

*Market cap @upper band

 

  • Focused on tollway collection business.
  • Roads, flyovers and Bridge construction
  • Order Book of tollway collection, roads, flyovers and bridge construction projects from various government agencies,
  • Strong execution capabilities with industry experience.
  • Experienced management team
  • Funding Working Capital Requirements of the Company.
  • General corporate purposes.

At the upper band of IPO Rs. 70, the stock is valued at 20.5 times P/E multiple. Hence, Well-informed investors subscribe for medium to long term perspective.

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