Highway Infra IPO Garners Massive Bids, Closes Successfully

Highway Infrastructure Ltd, a company that builds roads, offered shares to the public to raise money.

Many investors wanted to buy these shares, so the offering was greatly oversubscribed.

The company is using the money to expand its business.

The share price was between ₹65 and ₹70.

The shares are expected to be listed soon, and there's already a lot of interest in them.

This means people are eager to own a part of the company.

The IPO included new shares and existing shares held by others.