51% GMP Jump 300x Demand – Highway Infrastructure IPO Status You Must Check Now

Highway Infrastructure IPO Status: Record Subscription, High GMP Signal Strong Listing Ahead

As Indian markets continue to witness strong interest in infrastructure and EPC-focused public issues, Highway Infrastructure Ltd (HIL) has emerged as one of the most talked-about IPOs of the season. With a subscription of over 300 times, a grey market premium (GMP) of ~₹36 (51.4%), and intense demand from institutional and retail investors alike, all eyes are now on the listing scheduled for August 12, 2025.

Record-Breaking Subscription: Demand Across Categories

The ₹130-crore IPO, priced in the ₹65–₹70 per share band, opened for bidding between August 5–7, 2025, and drew exceptional demand across all investor segments:

Quick IPO Snapshot

How to Check Highway Infrastructure IPO Allotment Status

If you applied for the IPO, you can check your allotment status through any of the following methods:

On BSE Website

1. Visit: https://www.bseindia.com
2. Go to ‘Investor Services’ → ‘Application Status’
3. Select Equity, choose Highway Infrastructure
4. Enter your PAN or Application Number
5. Click Submit to view status

On NSE Website

1. Visit: https://www.nseindia.com
2. Click on ‘Equity IPO Application Status’
3. Select Highway Infrastructure
4. Enter PAN/Application Number
5. Click Submit

On Bigshare Services (Registrar)

1. Go to: https://ipo.bigshareonline.com/IPO_Status.html
2. Select ‘Highway Infrastructure’
3. Enter PAN/Application No./DP ID
4. Submit and view allotment

IPO GMP & Listing Expectations

The grey market has been buzzing with strong sentiment around HIL. According to multiple sources including Investorgain and IPO Watch, the shares are trading at ₹36–₹37 above the IPO price, indicating a potential listing price of ₹106 or more.

While GMP doesn’t guarantee post-listing performance, a premium of over 51% reflects strong investor confidence. For those allotted shares, a bumper listing seems likely—although investors are advised to watch broader market cues and listing-day volumes closely.

What Analysts Are Saying

Bajaj Broking

“Based on FY25 projected earnings, the IPO is priced at a P/E of 22.44x, which appears justified given the company’s positioning in the EPC and toll segments. However, a contraction in topline despite higher profits suggests the need to normalize earnings before long-term valuation projections. We recommend subscribing for long-term exposure to India’s infra theme.”

Anand Rathi

“HIL’s usage of ANPR technology and its dual revenue stream from toll and EPC operations gives it a competitive edge. While the IPO is fully priced, it offers long-term structural benefits. Subscribe for multi-year holding.”

Bhavik Joshi, INVasset PMS

“With a ₹666 crore order book (90% EPC-based), earnings visibility remains moderate. The IPO sits between large infra names and mid-tier EPC peers, leaving limited safety margin for short-term gains. But digitized toll collection and regional focus could support growth if scalability and cost discipline are maintained.”

Investor FAQs: What You Should Know

Q1. Is Highway Infrastructure IPO worth it post-listing?

Answer: If you’re allotted shares, the listing is expected to open significantly higher than the IPO price. But if you’re considering buying on listing day, evaluate based on post-listing performance and financial trajectory. Long-term investors aligned with infra growth may benefit.

Q2. How reliable is GMP for new investors?

Answer: GMP reflects current demand but is unofficial and speculative. Use it only as an indicator, not a guarantee of returns. Listing-day sentiment and market mood often have a bigger impact.

Q3. What if I didn’t get allotment—should I buy on debut?

Answer: A strong listing may lead to high volatility. If the fundamentals excite you, consider phased buying after price settles. Use valuation and P/E multiples as your guide.

What’s Next: Key Dates to Watch

• Refund Initiation: August 11, 2025
• Shares Credited to Demat: August 11, 2025
• Listing on NSE & BSE: August 12, 2025

Conclusion: Infra Sector Finds a Star Performer?

With India’s infrastructure spending theme firmly in focus, Highway Infrastructure IPO marks a significant addition to the primary market buzz. Backed by strong institutional interest, favorable GMP, and a relevant operating model, the company could be a bellwether for upcoming EPC and infra listings.

Track listing day momentum—early price discovery could set the tone for infra IPOs in H2 2025. If you’re rebalancing your portfolio, this might be a company to watch closely.