Highway Infrastructure IPO Allotment Finalized Today: Check Your Status

Highway Infrastructure's IPO has drawn bids 316.64 times the shares on offer, with retail investors subscribing 164.48 times. The grey market premium has risen to Rs 36, indicating a potential listing price of Rs 106, a 51% premium over the IPO issue price. Investors can check their allotment status through the registrar Bigshare Services using the website or BSE website.

Highway Infrastructure's Initial Public Offering (IPO) has garnered an extraordinary response, with bids received at 316.64 times the shares on offer. The IPO, which opened on Monday, August 5, and closed on Wednesday, August 7, was particularly popular among retail investors, who subscribed to the issue at 164.48 times the offer [1]. The grey market premium (GMP) for Highway Infrastructure's shares has risen to Rs 36, suggesting a potential listing price of Rs 106, a 51% premium over the IPO issue price of Rs 70 [2].

The IPO comprises a fresh issue of 13.9 million equity shares and an offer for sale (OFS) of 4.6 million equity shares, totaling a market capitalization of Rs 130 crore. The issue was subscribed to 316.64 times, making it one of the most oversubscribed IPOs in recent months. The high demand was driven by non-institutional investors (NIIs) and qualified institutional buyers (QIBs), who subscribed at 473.10 times and 432.71 times, respectively [3].

Investors can check their allotment status through various platforms. The registrar, Bigshare Services, and stock exchanges like BSE and NSE provide online portals for this purpose. To check the allotment status, investors should visit the respective platforms, select "Highway Infrastructure Ltd," and enter their PAN or application number. The allotment status is expected to be finalized on Friday, August 8, 2025 [1].

The listing date for Highway Infrastructure Ltd is tentatively set for Tuesday, August 12, 2025, on both the NSE and BSE. Successful allottees will receive shares in their Demat accounts by Monday, August 11, while refunds will be initiated for those not allotted shares [1].

Investors should be cautious while checking their allotment status and avoid common mistakes such as typing errors, checking status too early, or mixing up DP IDs with other fields. It is also important to note that the grey market premium (GMP) is unofficial and volatile, and does not guarantee listing day performance [3].

Highway Infrastructure Ltd is involved in engineering, procurement, and construction (EPC) projects, toll collection, and real estate. The IPO proceeds will be utilized to meet working capital requirements and for general corporate purposes. Promoters Arun Kumar Jain and Anoop Agrawal are partially offloading their stake via the Offer for Sale (OFS) route [1].

In conclusion, Highway Infrastructure's IPO has received an unprecedented response, with a high subscription multiple and a significant grey market premium. Investors should keep an eye on their allotment status and prepare for the listing date. The company's strong presence in the infrastructure sector and its diversified revenue streams make it an attractive investment opportunity for long-term investors.

References:
[1] https://www.plindia.com/blogs/highway-infrastructure-ipo-allotment-300x-status-check/
[2] https://www.business-standard.com/markets/news/highway-infrastructure-ipo-fully-booked-subscription-rises-19x-gmp-at-57-125080500706_1.html
[3] https://www.financialexpress.com/market/ipo-news-highway-infrastructure-ipo-allotment-status-today-how-to-check-online-and-4-key-mistakes-to-avoid-3940478/