Highway Infrastructure IPO Subscription Status: The initial public offering (IPO) of Highway Infrastructure Limited is witnessing an overwhelming response from investors. By around 2:10 PM on Wednesday, August 6, the IPO was subscribed 58 times, reflecting strong interest across investor categories. The bidding for the IPO began on 5 July 2025 and will remain open till 7 August 2025. The company has fixed the price band for the issue at Rs 65 to Rs 70 per equity share.The IPO is a mix of fresh issue and offer for sale (OFS), with the infrastructure firm aiming to raise a total of Rs 130 crore. The company intends to list its shares on both BSE and NSE.Highway Infra IPO GMP (Grey Market Premium)According to multiple websites tracking the grey market, Highway Infrastructure shares are commanding a strong premium of Rs 38 to Rs 41 in the unlisted market today. This suggests 58 per cent upside upon listing.For unaware, GMP, or Grey Market Premium refers to the premium amount at which IPO shares are traded in the unofficial or grey market before they are listed on the stock exchanges. While GMP can be a useful indicator, it's not a guaranteed predictor of the listing price or the stock's future performance.Subscription status As of 2:10 PM on the second day of bidding, the IPO had been subscribed 58 times. The retail investor portion was subscribed 61 times, showing remarkable participation. The Non-Institutional Investor (NII) portion saw even stronger demand, subscribed 75 times, while the Qualified Institutional Buyer (QIB) segment was subscribed around 6 times.On Day 1, the IPO was subscribed around 28.7 times led by non-institutional investor (NII).Key details about Highway Infrastructure IPO- Price band: Set between Rs 65 and Rs 70 per equity share.- IPO dates: The offer opened on 5 July 2025 and closes on 7 August 2025.- Issue size: Total of Rs 130 crore, with Rs 97.52 crore as fresh issue and Rs 32.48 crore via OFS.- Lot size: Investors can apply in lots of 211 shares each.- Registrar: Bigshare Services Pvt Ltd is managing the share allotment and refunds.- Allotment date: Tentatively set for 8 August 2025.- Lead manager: Pantomath Capital Advisors is managing the issue.- Listing date: Expected listing on 12 August 2025 on BSE and NSE.(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
Highway Infrastructure IPO Subscription Status: RECORD! Check Day 1, Day 2 data and latest GMP
