Highway Infrastructure IPO opens Aug 5–7 at ₹65–70 per share. With a current GMP of ₹40, investors expect a nearly 57% listing upside (~₹110 listing price). Open the post for full IPO details, filing plan, allotment timeline, and how to track GMP live.
📊 Highway Infrastructure IPO GMP Snapshot
Ahead of its ₹130 crore IPO opening on August 5–7, 2025, Highway Infrastructure—a diversified tollway and EPC player—is generating buzz with a GMP of ₹40 per share. That implies potential listing around ₹110, which is nearly 57% premium over the ₹70 upper issue price. (turn0news12/turn0search2)
This strong grey market sentiment underscores robust investor demand, even before the subscription window opens—indicative of confidence in the company’s growth story.
🗓 Key IPO Snapshot
| Feature | Detail |
|---|---|
| Price Band | ₹65 – ₹70 per share |
| Lot Size | 211 shares (~₹14,770 investment) |
| Issue Size | ₹130 crore (₹97.52 crore fresh, ₹32.48 crore OFS) |
| Subscription Window | August 5 – 7, 2025 |
| Allotment Date | August 8, 2025 |
| Listing Date | August 12, 2025 on BSE & NSE |
| Retail Quota | ≥40% |
| QIB / NII Quotas | ≤30% each |
| Registrar | Bigshare Services Pvt Ltd |
| (turn0search0/turn0search10/turn0search5) |
🏗 Company at a Glance
Highway Infrastructure Limited, founded in 1995, operates across three main verticals: tollway systems, EPC infrastructure projects, and a small real estate development arm. The company has handled 24 completed toll operations and is executing 20+ EPC projects across various Indian states and the National Capital Region with patented digital toll systems. (turn0search1/turn0search7)
In FY25, its revenue stood at ₹504.48 crore (down from ₹576.58 crore in FY24), but net profit rose steadily to ₹22.4 crore, reflecting strong efficiency and margin control. (turn0search5/turn0search0)
💰 What GMP Says
- GMP ₹40 as of August 4, based on multiple grey market trackers—reflects high demand before IPO opens.
- GMP earlier hovered around ₹25–28 during pre-launch days, but sentiment accelerated ahead of subscription.
- Estimated listing price: ₹65–70 + ₹40 = ₹105–110, offering an implied 57% return potential. (turn0search6/turn0search3)
Pros & ⚠️ Risks
✅ Strengths
- Diversified operations across tolling, EPC, and real estate—helps mitigate segment risk.
- Strong financial discipline, rising ROE (~21%) and resilience amid revenue dip.
- Slotting Mumbai–Delhi infrastructure corridors with digital toll systems gives competitive edge. (turn0search5, turn0search1)
⚠ Risks
- Revenue contraction in FY25 could signal project delays.
- Infrastructure sector sensitive to policy changes, execution bottlenecks, regulatory clearances.
- GMP is speculative—NOT a guaranteed listing price (~28% of past SME IPO GMPs turned misleading).(turn0reddit24, turn0reddit26)
FAQs
❓ What is GMP in context of IPOs?
GMP stands for Grey Market Premium—the unofficial premium price an IPO trades at before its official listing. It reflects investor sentiment and expected listing gains. (turn0reddit25, turn0reddit23)
❓ Why is GMP ₹40 for this IPO?
Strong investor appetite and optimism about Highway Infrastructure’s centralized bidding and toll business—with limited supply possibility—are fueling high GMP. (turn0search3, turn0news12)
❓ Should retail investors rely on GMP?
No. GMP is unregulated and speculative. Investors should focus on corporate fundamentals, financial health, and business outlook along with GMP trends. (turn0reddit24, turn0search2)
📝 Final Take
With an impressive ₹40 GMP ahead of its August 5 launch, the Highway Infrastructure IPO is signalling major listing gains—potentially up to 57%. The company’s diverse infrastructure portfolio, lean balance sheet, and digital toll footprint support this enthusiasm. But tread smart—GMP can change fast, and fundamentals matter more than hype. Monitor allotment, check actual listing response, and choose your entry strategy carefully—long-term or listing-pop play.
⚠️ Disclaimer
This article is for informational purposes only. IPO details, timelines, and GMP data reflect trends as of August 4, 2025 and may change. GMP is not a guarantee of listing price or profit. Please consult a SEBI-registered financial advisor before investing.
