The Highway Infrastructure IPO minimum market lot is 211 shares with ₹14,770 application amount. The Highway Infrastructure IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Highway Infrastructure Limited (HIL) is an Indian company involved in infrastructure development and management. Moreover, its operations include toll collection, EPC (Engineering, Procurement, and Construction) projects, and real estate development. The company typically utilizes a combination of fund-based and non-fund-based banking facilities to meet its working capital needs, wherein Fund-based facilities offer the necessary cash flow to manage operating expenses, while non-fund-based facilities, such as bank guarantees, support other financial commitments. In their business segment, The real estate division focuses on the ownership, development, construction, and sale of both residential and commercial properties. Over the years, the company has built housing projects and gated communities. Among HIL’s business segments, real estate is the smallest.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Highway Infrastructure IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 5.06 | 7.30 | 432.71 |
| NII | 35.39 | 103.35 | 473.10 |
| bNII | 64.37 | 92.38 | 483.92 |
| sNII | 20.91 | 125.28 | 451.47 |
| RII | 30.38 | 77.83 | 164.48 |
| Total | 28.51 | 77.83 | 316.64 |
Highway Infrastructure IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Highway Infrastructure IPO Review and Rating
- May Apply For Long-term View
Highway Infrastructure IPO Form
How to apply for the Highway Infrastructure IPO? You can apply for Highway Infrastructure IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Highway Infrastructure IPO in the Invest section. The other option is you can apply for Highway Infrastructure IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
