243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Highway Infrastructure Limited

Indore

Date of DRHP : 24 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Highway Infrastructure Basic Details

   Infrastructure

Sub Sector: Infrastructure development and management

About the Company

Highway Infrastructure is an infrastructure development and management Company. Highway Infrastructure is engaged in the business of tollway collection, EPC Infra and real estate business. While the Company’s business spans facets of infrastructure development and management, tollway collection stands out as a significant mix of its business, driving their revenues and financial performance. As on August 31, 2024, the consolidated Order Book of the Company is ? 5,963.83 million, comprising of ? 3,149.59 million in tollway collection business and ? 2,814.24 million in EPC Infra business. HIL is one of the few toll operators who have managed tollway collection based on ANPR technology on Delhi-Meerut Expressway. The Company has operated tolls on some of the known inter-state and intra-state expressways across 11 states and one Union Territory. The Company employs updated Electronic Tollway Collection (ETC) systems, which leverage Radio Frequency Identification (RFID) tags and digital payment platforms to facilitate seamless and contactless toll payments. This model not only reduces congestion at toll plazas but also enhances operational efficiency by reducing transaction times and errors, thereby resulting in overall better management. (Stheirce: CareEdge Report).

Financial Summary (Annualised Basis)

Revenue :
576.57 Cr.

PAT :
21.41 Cr.

Highway Infrastructure IPO Lead Manager(s)

Pantomath Capital Advisors Private Limited

Highway Infrastructure IPO Registrar

Big Share Private Limited

Highway Infrastructure DRHP Details

Objects of issue

  • Funding Working Capital Requirements of the Company
  • General Corporate Purposes.

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FAQs

Highway Infrastructure operates in Infrastructure and Infrastructure development and management. The Issue would be listed on MainBoard. The registrar of the Issue is Big Share Private Limited. The IPO type of Highway Infrastructure is Book Building Process and Object of issue is

  • Funding Working Capital Requirements of the Company
  • General Corporate Purposes.

The DRHP (Draft Red Herring Prospectus) of Highway Infrastructure IPO was filed on 24 Sep 2024.

No, Highway Infrastructure IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Highway Infrastructure are not available now. You can apply in Highway Infrastructure IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

Services

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