Highway Infra IPO Debuts with 67% Premium, Beats Grey Market Expectations
LG Electronics India IPO Listing Date, Subscription Details & Financials 2025
Highway Infrastructure Ltd. shares listed with over 67% premium on August 12, surpassing grey market predictions. The ₹130-crore IPO saw a massive 300.61x subscription.
Highway Infrastructure Ltd. saw a stellar stock market debut on August 12, listing with more than 67% premium over its IPO price.
The ₹130-crore IPO, open from August 5 to 7, received an overwhelming subscription of 300.61 times.
Shares opened at ₹115 on NSE (up 64.29%) and ₹117 on BSE (up 67.14%) against the top issue price of ₹70.
This pushed the company’s market capitalization to ₹839.13 crore.
Earlier, ₹23.40 crore was raised from anchor investors such as HDFC Bank and Abans Finance. The debut performance beat grey market predictions of a 34% gain.
