Afcons Infrastructure Ltd launched its IPO on October 25, 2024. The Afcons Infrastructure IPO is a book-built issue aiming to raise ₹5,430 crores, which includes a fresh issue of 2.7 crore shares worth ₹1,250 crores and an offer for sale of 9.03 crore shares worth ₹4,180 crores. The price band for this IPO is set between ₹440 and ₹463 per share. The minimum lot size of Afcons Infrastructure Limited IPO is 32 shares. Its IPO Allotment is expected on October 30, with a listing on the BSE and NSE set for November 4, 2024.
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Afcons Infrastructure Limited IPO – Details
| Detail | Information |
| IPO Opening Date | October 25, 2024 |
| IPO Closing Date | October 29, 2024 |
| Listing Date | November 4, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹440 to ₹463 per share |
| Lot Size | 32 shares |
| Total Issue Size | 11,727,8618 shares (₹5,430 Cr) |
| Fresh Issue | 2,699,7840 shares (₹1,250 Cr) |
| Offer for Sale | 90,280,778 shares (₹4,180 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 340,738,269 shares |
Overview of Afcons Infrastructure Limited
Afcons Infrastructure Limited was founded in 1959. It is an infrastructure engineering and construction company. Some of its major sectors of working include, marine, surface transport, urban infrastructure, hydro etc. Not only this, it has a global presence in over 13 nations.
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Afcons Infrastructure Limited IPO | Key Details
- Afcons Infrastructure IPO Opening Date: October 25, 2024
- Afcons Infrastructure IPO Closing Date: October 29, 2024
- Afcons Infrastructure Allotment Date: October 30, 2024
- Afcons Infrastructure IPO Price Band: ₹440 to ₹463 per share
- Afcons Infrastructure IPO Lot Size: 32 shares
- IPO Refunds Initiated: October 31, 2024
- Shares Credited to Demat: October 31, 2024
- IPO Listing Date: November 4, 2024
- Registrar: Link Intime India Private Limited
Afcons Infrastructure Limited Financial Information
Here is the complete financial overview of Afcons Infrastructure Limited between the financial year ending March 31, 2024, and March 31, 2022.
| Period Ended | Revenue (Amount in ₹ Cr) | Profit After Tax (Amount in ₹ Cr) | Net Worth (Amount in ₹ Cr) | Reserves and Surplus (Amount in ₹ Cr) | Total Borrowing (Amount in ₹ Cr) |
| 30 Jun 2024 | 3,213.47 | 91.59 | 3,662.25 | 3,342.52 | 3,365.1 |
| 31 Mar 2024 | 13,646.88 | 449.76 | 3,575.05 | 3,255.22 | 2,455 |
| 31 Mar 2023 | 12,844.09 | 410.86 | 3,155.06 | 2,653.75 | 1,562.82 |
| 31 Mar 2022 | 11,269.55 | 357.61 | 2,691.03 | 2,190.11 | 1,555.2 |
Afcons Infrastructure Limited IPO: SWOT Analysis
The company has over 60 years of experience. However, its reliance on big, high-value projects can make it vulnerable to risks. It currently competes with both local and international companies.
However, on the positive end, there are multiple opportunities for the company to expand into new areas like renewable energy.
FAQs | Afcons Infrastructure Ltd IPO
Afcons Infrastructure Ltd is an infrastructure engineering and construction company. It is known for its large-scale projects across various sectors such as marine, transport, and urban infrastructure.
The bidding date for the Afcons Infrastructure IPO is from October 25, 2024, to October 29, 2024.
The IPO lot size for Afcons Infrastructure is 32 shares.
The Afcons Infrastructure IPO launch date is October 25, 2024.
You can check the allotment of IPO shares through the official registrar’s website.
The IPO allotment is expected to be finalized on Wednesday, October 30, 2024.
The IPO face value is set at ₹10 per share.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.