Highway Infrastructure Limited was originally set up as a partnership firm in 1995 in the name of 'M/s. Highway Enterprises' in carrying out similar line of activities. The Firm was converted into a Private Limited Company registered a 'Highway Infrastructure Private Limited' vide certificate of incorporation dated February 10, 2006 issued by the Registrar of Companies, Gwalior, Madhya Pradesh & Chhattisgarh. Further the status was changed to a Public Company through a fresh Certificate of Incorporation issued on 04 May, 2018 as change in name to Highway Infrastructure Limited issued by the Registrar of Companies, Gwalior, Madhya Pradesh & Chhattisgarh.
The Company is engaged in the business of tollway collection, EPC Infra and real estate projects. It basically deal in projects related to roads, highway, by passes, express ways, bridges, flyovers, construction of residential flats etc. in Indore, Madhya Pradesh. Currently the project comprises of executing construction development projects of different types like roads, bridges, tanks, irrigation related construction and civil buildings etc.
From FY 2011, Company ventured into the real estate business having two business verticals consisting of Civil Construction into roads and other road related works. The Company commenced the construction and development of a colonial area i.e. Karuna Sagar Project' admeasuring 2.689 hectare (i.e. 6.64 Acre) in Indore district of Madhya Pradesh via joint development agreement in 2 ...012. It initiated the development of 'Newwyork City Project' at Village Nihalpur, Indore, Madhya Pradesh in 2013.
Company had 8 ongoing projects in the roads & bridges sector including construction, upgradation and rehabilitation of two and four lane highways construction of high level bridge and construction of road network costing Rs 108.17 Crores. It completed the residential project in New York City costing Rs 90 Crore in 2018. Apart from these, it completed roads and highways projects costing Rs. 367 Crore.
In 2020, Company commissioned the first tollway collection project for Daroda Fee Plaza of the Borkhedi-Wadner Section of the NH-7 Maharashtra. It operated ANPR technology toll on the Delhi-Meerut Expressway in FY 2023. In 2024, Company marked its first entry in Southern India, by undertaking the tollway collection project in Rolla Village in Telangana.
The Company has launched the initial public offering by raising Rs 130 Crore and issuing 18,571,428 equity shares of face value of Rs 5 each, comprising a fresh issue of 13,931,428 equity shares aggregating to Rs 97.52 Cr and 4,640,000 equity shares aggregating to Rs 32.48 Cr through offer for sale in August, 2025.
FAQs on Highway Infrastructure Ltd
1. Can I buy Highway Infrastructure Ltd from PL Capital? ›
Yes, you can invest in Highway Infrastructure Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Highway Infrastructure Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Highway Infrastructure Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Highway Infrastructure Ltd pay dividends? ›
Highway Infrastructure Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Highway Infrastructure Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Highway Infrastructure Ltd. is ₹ 53.27 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Highway Infrastructure Ltd ? ›
The 52-week high and low of Highway Infrastructure Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
