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Highway Infrastructure IPO allotment to be out today as GMP soars to 51%: Here's how to check your status

ETMarkets.com
Highway Infrastructure's IPO allotment is set for finalization today, following an overwhelming 316.64 times subscription.

Synopsis

Highway Infrastructure's IPO allotment is set for finalization today, driven by overwhelming investor demand, with subscriptions exceeding 316 times the offer. The grey market premium indicates a potential listing price of Rs 106, a 51% premium over the IPO price.

The share allotment for Highway Infrastructure’s Rs 130-crore initial public offering is set to be finalised today, following a torrent of demand across investor categories. The offering drew bids 316.64 times the shares on offer, with retail investors subscribing 164.48 times, non-institutional investors 473.10 times, and qualified institutional buyers 432.71 times.

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Attention now turns to the stock’s debut on August 12 on the BSE and NSE. In unofficial trading, optimism continues to mount: the grey market premium has risen to Rs 36, indicating a potential listing price of Rs 106, a 51% premium over the IPO issue price of Rs 70, if sentiment holds.

Investors can check their allotment status through the registrar Bigshare Services, using one of the following methods:


Check allotment on Bigshare Service:


Via Registrar Website (https://ipo.bigshareonline.com/ipo_allotment.html)


Select “Highway Infrastructure Ltd” from the dropdown menu.

Enter PAN, Application Number, or DP Client ID.
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Submit captcha and click “Search”.

Via BSE Website: (https://www.bseindia.com/investors/appli_check.aspx)
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Select “Equity” and “Highway Infrastructure Ltd” from the dropdowns.

Enter the application number and PAN.
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Click on “Search”.


How to check Highway Infrastructure IPO allotment online on BSE:

Go to https://www.bseindia.com/investors/appli_check.aspx
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Select “Equity” and “Highway Infrastructure Ltd” from the dropdowns.

Enter your application number and PAN.

Click “Search” to check your status.


Highway Infrastructure IPO latest GMP

As of 11:36 AM on August 8, Highway Infrastructure’s grey market premium stood at Rs 36, implying a potential listing price of Rs 106 per share, a 51.43% premium over the upper end of the IPO price band set at Rs 70.

For those allotted shares, credit to demat accounts will happen by August 11, while refunds for unsuccessful applicants will also be processed the same day. With a GMP of 51% and stellar subscription figures, Highway Infrastructure is now among the most sought-after IPOs of FY26 so far.

Whatsapp BannerThe company, which specialises in tollway collection, EPC projects, and real estate, plans to use IPO proceeds primarily for working capital needs and general corporate purposes. Given the strong investor backing and positive grey market trends, all eyes are now on its listing day performance.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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