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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Highway Infrastructure Ltd
Registered Office:
57 FA Scheme No 94,Pipliyahana Junction Ring Road,
Indore - 452016,
Madhya Pradesh, India.
Initial public offering of 18,571,428 equity shares of face value (Rs) 5/- each ("Equity Shares") of the company for cash at a price of (Rs) 70 per equity share (including a share premium of (Rs) 65 per equity share) ("Offer Price") aggregating to (Rs)130.00 crores (the "Offer") comprising a fresh offer of 13,931,428 equity shares of face value (Rs) 5/- each aggregating to (Rs) 97.52 crores by the company (the "Fresh Offer") and an offer for sale of4,640,000 equity shares of face value (Rs) 5/- each aggregating to (Rs) 32.48 crores by Arun Kumar Jain and Anoop Agrawal( "Promoter Selling Shareholders"),each promoter selling shareholder providing an offer for sale of 2,320,000equity shares of face value (Rs) 5/- each (and such offer for sale of equity shares by the promoter selling shareholders the "Offer for Sale"). The offer will constitute 25.89 % of the post-offer paid-up equity share capital of the company. The "Offer for Sale" and together with the fresh offer, the "Offer".
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
05-Aug-25
07-Aug-25
70.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 211     Further Multiples of : 211
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
85.03
Pantomath Capital Advisors Pvt Ltd
Project Financed
130.00
 
Post Issue
35.86
 
Issue Price
70.00
 
Projects
Funding working capital requirements of the company
General corporate purposes
Promoted By
Arun Kumar Jain
Anoop Agrawal
Riddharth Jain
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
.
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As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

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