Mumbai, Aug. 8 -- The initial public offer of Highway Infrastructure received bids for 4,82,27,63,700 shares as against 1,60,43,046 shares on offer. The issue was subscribed 300.61 times.

The Non-Institutional Investors (NIIs) category was subscribed 447.32 times. The Qualified Institutional Buyers (QIBs) category was subscribed 420.57 times. The Retail Individual Investors (RIIs) category was subscribed 155.58 times.

The issue opened for bidding on 5 August 2025 and it closed on 7 August 2025. The price band of the IPO is fixed between Rs 65 and 70 per share.

The offer comprised a fresh issue of equity shares worth up to Rs 97.52 crore and an offer for sale (OFS) of 46,40,000 equity shares. The entire OFS portion is being offered by t...