Highway Infrastructure IPO vs PMEA Solar Tech Solutions IPO

Comparison between Highway Infrastructure IPO and PMEA Solar Tech Solutions IPO.

IPO Details

Highway Infrastructure IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while PMEA Solar Tech Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Highway Infrastructure IPO is up to ₹130.00 Cr whereas the issue size of the PMEA Solar Tech Solutions IPO is up to ₹0.00 Cr. The final issue price of Highway Infrastructure IPO is ₹70.00 per share and of PMEA Solar Tech Solutions IPO is .

 Highway Infrastructure IPOPMEA Solar Tech Solutions IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹65.00 per share
Issue Price (Upper)₹70.00 per share
Issue Price (Final)₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size211 shares
Fresh Issue Size1,39,31,428 shares0 shares
Fresh Issue Size (Amount)up to ₹97.52 Crup to ₹600.00 Cr
OFS Issue Size46,40,000 shares1,12,35,600 shares
OFS Issue Size (Amount)up to ₹32.48 Crup to ₹0.00 Cr
Issue Size Total1,85,71,428 shares0 shares
Issue Size Total (Amount)up to ₹130.00 Crup to ₹0.00 Cr

IPO Timetable

Highway Infrastructure IPO opens on Aug 05, 2025, while PMEA Solar Tech Solutions IPO opens on . The closing date of Highway Infrastructure IPO and PMEA Solar Tech Solutions IPO is Aug 07, 2025, and , respectively.

Financials & KPIs

Highway Infrastructure IPO P/E ratio is 18.06, as compared to PMEA Solar Tech Solutions IPO P/E ratio of .

 Highway Infrastructure IPOPMEA Solar Tech Solutions IPO
Financials

Company Financials (Restated Consolidated)

Highway Infrastructure Ltd.'s revenue decreased by 13% and profit after tax (PAT) rose by 5% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets231.56202.63156.59
Total Income504.48576.58456.83
Profit After Tax22.4021.4113.80
EBITDA31.3238.4427.69
NET Worth117.72100.1974.81
Reserves and Surplus83.9083.4964.44
Total Borrowing71.8269.6263.36
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets927.67604.39423.34
Total Income1,521.86810.41591.47
Profit After Tax103.6427.4444.82
NET Worth239.41136.30109.49
Reserves and Surplus228.17125.0698.25
Total Borrowing486.51297.71209.49
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.95100
Promoter Shareholding (Post-Issue)70.04
P/E Ratio18.06
Market Cap₹502.04 Cr.
ROE19.03%43.29%
ROCE16.56%28.65%
Debt/Equity0.611.93
EPS₹3.88₹9.22
RoNW19.03%43.29%

Shares Offered

In the Highway Infrastructure IPO Retail Individual Investors (RII) are offered 74,28,572 shares while in PMEA Solar Tech Solutions IPO retail investors are offered 74,28,572 shares. Qualified Institutional Buyers (QIB) are offered 22,28,571 shares in Highway Infrastructure IPO and in PMEA Solar Tech Solutions IPO.

 Highway Infrastructure IPOPMEA Solar Tech Solutions IPO
Anchor Investor Reservation33,42,856 shares
Market Maker Reservation0 shares
QIB22,28,571 shares
NII55,71,429 shares
RII74,28,572 shares
Employee0 shares
Others
Total1,85,71,428 shares

Bids Received (Subscription)

Highway Infrastructure IPO subscribed 316.64x in total, whereas PMEA Solar Tech Solutions IPO subscribed .

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