New Delhi, Aug. 12 -- Highway Infrastructure IPO listing: Highway Infrastructure shares made a solid stock market debut, listing at up to 67% premium on both the BSE and the NSE. On the BSE, the Highway Infrastructure share price was listed at Rs.117, a premium of 67.14% over the initial public offering (IPO) price of Rs.70. On the NSE, the Highway Infrastructure stock debuted at Rs.115, up 60% over the issue price.

Highway Infrastructure IPO listing was above expectations as the latest GMP (grey market premium) was at Rs.24, hinting at nearly 33% listing pop.

The strong listing coincided with the stellar response for the Highway Infrastructure IPO. The issue was subscribed 316.64 times at the end of the three-day bidding process. The r...