Mumbai, Aug. 5 -- The initial public offer of Highway Infrastructure received bids for 43,38,13,890 shares as against 1,60,43,046 shares on offer, according to stock exchange data at 17:00 IST on Tuesday (5 August 2025). The issue was subscribed 27.04 times.
The issue opened for bidding on 5 August 2025 and it will close on 7 August 2025. The price band of the IPO is fixed between Rs 65 and 70 per share. An investor can bid for a minimum of 211 equity shares and in multiples thereof.
The offer comprises 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 the promoters, with Arun Kumar Jain and Anoop Agarwal each selling 23,20,000 sha...
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