HIL IPO Surge: Tollway Growth

  Published 7 months ago

HIL, an MP infrastructure firm, is listed at Rs 117, raising Rs 23.39 crore, and operates tollways nationwide.

  • IPO subscribed 300.61 times, premium 67.14% over the Rs 70 issue price, strong investor demand overall.
  • Operates four tollways, completed 27 projects; EPC delivered 66 works; real estate is expanding in Indore significantly.
  • Revenue 77% from tolls FY25; order book Rs 666.31 crore, indicating robust pipeline for future.

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