Highway Infrastructure share price lists at 64% premium

The roads were paved for a smooth start — and Highway Infrastructure Ltd didn’t just cruise, it sped off the starting line. On debut, Highway Infrastructure’s share price opened at Rs 110, a hefty 64 per cent jump over its Rs 70 issue price. For IPO investors, that’s the kind of listing pop dreams are made of. But as every market veteran knows, the first lap isn’t the whole race. What’s happening with the Highway Infrastructure IPO? IPO size: Rs 130 crore, priced at Rs 65-70 a share. Subscription frenzy: 316× overall, with QIBs at 420×, NIIs at 447×, and retail at 155×. Listing day: Opened at Rs 110 today (August 12,