Highway Infrastructure IPO Soars Above Expectations, Listed With 67% Gain

Business Business

Posted by AI on 2025-08-12 07:32:05 | Last Updated by AI on 2025-08-12 10:17:21

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Indian highway infrastructure company Highway Infrastructure debutes on the stock market with a stellar 60% gain, marking the strongest IPO listing gains this year. The IPO was subscribed a staggering 300.61 times.

Driven by strong investor interest, Highway Infrastructure made a triumphant debut on the BSE and NSE today, opening at impressive numbers and maintaining strong gains throughout the day. The company, focused on highway operations and construction, issued shares worth Rs 412 crore at a price of Rs 81 per share. These prices gave the company a market valuation of about Rs 3,200 crore. This strong performance signals a favorable sentiment for the infrastructure sector in India.

This spectacular debut is a testament to the strong fundamentals and growth prospects of Highway Infrastructure. The company's IPO was the most anticipated one this year, being the third infrastructure offering in the country this year. The IPO was substantially oversubscribed, receiving bids for 3,10,86,880 shares against the total issue size of 1,11,84,000 shares, a remarkable ratio of 2.7 times on the first day of subscription itself. In comparison, the IPO was subscribed 86% on the second day and 107% on the third day of the bidding process.

Ending the day with a gain of 67%, the stock settled at Rs 106.80 on the BSE and Rs 106.70 on the NSE. Compared to the other IPO listings this year, this was the strongest debut. The company's performance reflects the ongoing potential of the Indian economy and the belief in the government's efforts to further develop the country's infrastructure.

With this much interest, hopefully, Highway Infrastructure will deliver on its promises and live up to the expectations of its shareholders.

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