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HILINFRAEQ / NSE, BSEListed

Highway Infrastructure Limited

Highway Infrastructure Limited (HIL), founded in 1995, is a diversified Indian infrastructure company engaged in tollway operations, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The company primarily undertakes the construction and maintenance of roads, highways, bridges, and residential properties. In tollway collection operations, HIL manages toll systems obtained through competitive bidding and was among the early users of Automatic Number Plate Recognition (ANPR) technology on the Delhi–Meerut Expressway. It currently operates toll plazas across 11 states and one Union Territory, utilizing Electronic Toll Collection (ETC) systems with RFID tags and digital platforms for efficient transactions. As of August 31, 2024, the company has completed 24 toll projects and is working on 7 ongoing projects. In the EPC infrastructure segment, HIL manages end-to-end infrastructure development using internal resources, covering a wide range of projects such as roads, bridges, civil structures, and irrigation tanks. It has completed 63 projects and is executing 20 more, with major ongoing work in Indore, Ratlam, and Khandwa in Madhya Pradesh. In real estate, the company develops and sells residential and commercial properties, focusing on gated communities and housing projects, though this remains the smallest segment in terms of revenue and scale. As of August 31, 2024, the company employs 398 individuals across its various business verticals.

₹65 - ₹70316.69x sub
Listed Price117.00
Listing Gain+67.14%
TimelineBookbuilding IPO
Open05 Aug 2025
Close07 Aug 2025
Allotment08 Aug 2025
Listing12 Aug 2025

Quota Reservation Portions

RetailPortion: 72,95,988 shares
39.29%
Nii(hni)Portion: 54,71,992 shares
29.46%
QIBPortion: 21,29,134 shares
11.46%

Minimum Application Bracket Matrix

Retail1 lots / 211 shares
₹14,770
sHNI14 lots / 2,954 shares
₹2,06,780
bHNI68 lots / 14,348 shares
₹10,04,360

About the Company

Highway Infrastructure Limited (HIL), founded in 1995, is a diversified Indian infrastructure company engaged in tollway operations, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The company primarily undertakes the construction and maintenance of roads, highways, bridges, and residential properties. In tollway collection operations, HIL manages toll systems obtained through competitive bidding and was among the early users of Automatic Number Plate Recognition (ANPR) technology on the Delhi–Meerut Expressway. It currently operates toll plazas across 11 states and one Union Territory, utilizing Electronic Toll Collection (ETC) systems with RFID tags and digital platforms for efficient transactions. As of August 31, 2024, the company has completed 24 toll projects and is working on 7 ongoing projects. In the EPC infrastructure segment, HIL manages end-to-end infrastructure development using internal resources, covering a wide range of projects such as roads, bridges, civil structures, and irrigation tanks. It has completed 63 projects and is executing 20 more, with major ongoing work in Indore, Ratlam, and Khandwa in Madhya Pradesh. In real estate, the company develops and sells residential and commercial properties, focusing on gated communities and housing projects, though this remains the smallest segment in terms of revenue and scale. As of August 31, 2024, the company employs 398 individuals across its various business verticals.

Company Promoters

Arun Kumar JainAnoop AgrawalRiddharth Jain

Lead Managers

No Lead Managers information available.