ALMT Legal Bangalore acts on Highway Infrastructure Limited ₹130 crore IPO

Highway Infrastructure Limited has made an initial public offering of equity shares aggregating to ₹130 crore, comprising of a fresh issue of equity shares aggregating to ₹97.520 crore and an offer for sale by selling shareholders aggregating to for ₹32.480 crore.

ALMT Legal, Bangalore advised and acted as the Indian legal counsel for Highway Infrastructure Limited on this IPO.

The transaction team comprised of Rajat Bopaiah (Senior Partner), Souvik Paul Mazumdar (Partner), Aman Singh Poras (Principal Associate), Natasha Ponnappa (Senior Associate), Nikhil Krishna (Associate), Gunjan S. Jain (Associate), Zac Toby (Associate) and Danika A. Joplin (Associate).

Highway Infrastructure Limited is an infrastructure development and management company, engaged in tollway collection, EPC Infra, and real estate projects.

The IPO was oversubscribed 316 times.

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