Highway Infrastructure IPO Subscription Status
Highway Infrastructure IPO was subscribed 316.64 times when bidding closed on 7 Aug 2025: QIB 432.71x, NII 473.1x, Retail 164.48x.
The Highway Infrastructure IPO has been subscribed 316.64x times overall. Retail investors have shown interest with bids for 164.48x the shares available. The Non-Institutional Investor (NII) category has been subscribed 473.1x. Within NII, Big HNI (B-HNI) subscribed 483.92x and Small HNI (S-HNI) subscribed 451.47x. Qualified Institutional Buyers (QIBs) have subscribed 432.71x. Data last updated on 10 Nov, 01:05 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 05 Aug, 2025 and closes on 07 Aug, 2025. The shares are expected to list on stock exchanges on 12 Aug, 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 432.71x |
| NII | - of - - | 473.1x |
bHNI — bid amount above ₹10 Lakh |
- - | 483.92 |
sHNI — bid amount ₹2–10 Lakh |
- - | 451.47 |
| Retail | - of - - | 164.48x |
| TOTAL | - 44,98,391 applications - | 316.64x |
Highway Infrastructure IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹70.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 256.33x subscribed | 44,98,391 | 37,234 | 1 out of 1211 out of 121 |
Highway Infrastructure IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 165 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 432.71x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
07 Aug 2025
Day 3 |
316.64x | ▼ | |
|
QIB432.71x
BHNI483.92x
SHNI451.47x
Retail164.48x
|
|||
|
06 Aug 2025
Day 2 |
72.92x | ▼ | |
|
QIB7.1x
BHNI87.34x
SHNI118.41x
Retail73.55x
|
|||
|
05 Aug 2025
Day 1 |
26.68x | ▼ | |
|
QIB4.87x
BHNI30.07x
SHNI38.97x
Retail28.26x
|
|||
Highway Infrastructure IPO dates
From the bidding window to listing. Today is 10 November.
- Open 05 Aug 2025
- Close 07 Aug 2025
- Allotment 08 Aug 2025
- Refund/credit 11 Aug 2025
- Listing 12 Aug 2025
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | VPK GLOBAL VENTURES FUND - SCHEME 1 | VPK GLOBAL VENTURES | ₹8.40 Cr | 35.88% | |
| 2 | ABANS FINANCE PRIVATE LIMITED | ABANS FINANCE | ₹5.00 Cr | 21.37% | |
| 3 | HDFC BANK LIMITED | HDFC BANK | ₹5.00 Cr | 21.37% | |
| 4 | SUNRISE INVESTMENT OPPORTUNITIES FUND | SUNRISE | ₹5.00 Cr | 21.37% | |
| TOTAL | ₹23.40 Cr | 99.99% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Highway Infrastructure IPO?
As of IPO close date (07 Aug, 2025), the Highway Infrastructure IPO is subscribed 316.64x times. Retail category is 164.48x, and NII is 473.1x subscribed.
When is the allotment date for Highway Infrastructure IPO?
The allotment for Highway Infrastructure IPO is expected to be finalized on 08 August, 2025.
What is the GMP of Highway Infrastructure?
The Grey Market Premium (GMP) for Highway Infrastructure is currently ₹25, indicating a potential listing gain of 36%.
When will Highway Infrastructure IPO list on the stock market?
Highway Infrastructure is scheduled to list on BSE and NSE on 12 August, 2025.
What are the chances of getting allotment in Highway Infrastructure IPO?
The retail category is oversubscribed at 164.48x, meaning allotment is by lottery. Statistically, approximately 1 in 165 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 432.71x mean for Highway Infrastructure IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 432.71x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Highway Infrastructure IPO allotment status?
After the allotment date (08 Aug, 2025), you can check your Highway Infrastructure IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Highway Infrastructure IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
