Highway Infrastructure Ltd IPO
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Highway Infrastructure Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
TBA | TBA | TBA | TBA | BSE | TBA |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
05 Aug, 25 | 07 Aug, 25 | 211 | TBA | Fixed Price - SME | 12 Aug, 25 |
Highway Infrastructure Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Construction |
Sub Sector | NA |
Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 0 | 0 |
NII | 0x | 0 | 0 |
Retail | 0x | 0 | 0 |
Employee | 0x | 0 | 0 |
Total | 0x | 0 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Highway Infrastructure Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 26.99 | 17.46 | 13.70 |
EBITDA | 29.35 | 19.91 | 16.22 |
PAT | 19.09 | 11.70 | 8.30 |
Total Assets | 131.33 | 92.47 | 98.67 |
Share Capital | 9.63 | 9.63 | 9.63 |
Total Borrowings | 101.38 | 70.70 | 64.26 |
Operating Activities (Net Cash) | 21.45 | 14.15 | 10.82 |
Investing Activities (Net Cash) | 19.26 | 15.46 | 1.18 |
Financing Activities (Net Cash) | 101.38 | 70.70 | 64.26 |
Net Cashflow | 5.58 | 0.08 | 0.57 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Highway Infrastructure Ltd
Peer Comparison:
- Highway Infrastructure Limited
- Udayshivakumar Infra Limited
- IRB Infrastructure Developers Limited
- H.G. Infra Engineering Limited
Highway Infrastructure Ltd IPO Key Points
Strengths
- Focused on tollway collection business.
- Roads, flyovers and Bridge construction.
- Order Book of tollway collection, roads, flyovers and bridge construction projects from various government agencies.
- Strong execution capabilities with industry experience.
- Experienced management team.
Risk
- We derive significant portion of revenue from operations from our tollway collection business which is primarily undertaken for and awarded by the NHAI. Further, most of our revenue in the EPC Infra business is from public sector customers. The loss of any of our contracts, particularly in our tollway collection business may have a material and adverse effect on our business and financial results.
- Our business is relatively concentrated in certain specific parts of India and any adverse development in such parts of India may adversely affect our business, results of operations and financial condition.
- The contracts awarded by NHAI are typically for a standard period of one year. Such limited tenures with limited scope of extension or roll-over may limit over revenue collection and have a material effect on our business and results of operations.
Strategy
- Continued focus on current business verticals.
- Penetrating newer geographies.
- Venturing into associated business verticals
- Focused on tollway collection business.
- Roads, flyovers and Bridge construction.
- Order Book of tollway collection, roads, flyovers and bridge construction projects from various government agencies.
- Strong execution capabilities with industry experience.
- Experienced management team.
How To Apply for Highway Infrastructure Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.