The Afcons Infrastructure IPO is a book-built issue totaling ₹7,000.00 crores. The issue comprises a fresh issue of ₹1,250.00 crores and an offer for sale of ₹5,750.00 crores.
The specific dates for the Afcons Infrastructure IPO have yet to be announced.
The price bands for the Afcons Infrastructure IPO are also yet to be disclosed.
| IPO Date | October 25, 2024 to October 29, 2024 |
| Listing Date | November 4, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 440 to ₹ 463 / Share |
| Lot Size | 32 Shares |
| Total Issue Size | (Aggregating up to ₹7,000.00 Cr) |
| Fresh Issue | ₹1,250.00 Cr |
| Offer for Sale | ₹4,180.00 Cr (Aggregating up to ₹5,750.00 Cr) |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 340,738,269 |
| Share holding post issue | 367,736,109 |
| Market Maker portion |
Afcons Infrastructure Limited IPO opens on October 25, 2024, and closes on October 29, 2024.
| IPO Open Date | October 25, 2024 |
| IPO Close Date | October 29, 2024 |
| Basis of Allotment | October 30, 2024 |
| Initiation of Refunds | October 31, 2024 |
| Credit of Shares to Demat | October 31, 2024 |
| Listing Date | November 4, 2024 |
| Cut-off time for UPI mandate confirmation | October 29, 2024 |
A minimum of 32 shares is available for bidding, with additional bids to be placed in multiples of this amount. The following table provides details on the minimum and maximum investments allowed for retail investors and High Net-Worth Individuals (HNIs), outlined in terms of shares and corresponding investment amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | Rs.14,816 |
| Retail (Max) | 13 | 416 | Rs.192,608 |
| S-HNI (Min) | 14 | 448 | Rs.207,424 |
| S-HNI (Max) | 67 | 2,144 | Rs.992,672 |
| B-HNI (Min) | 68 | 2,176 | Rs.1,007,488 |
| HNI (Min) |
| Share Holding Pre Issue | 99.48% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
|
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Incorporated in 1959, Afcons Infrastructure Limited is an infrastructure engineering and construction company that is part of the Shapoorji Pallonji Group, boasting a legacy of over six decades.
As of September 30, 2023, the company has successfully completed 76 projects across 15 countries, with a total historical executed contract value of ₹522.20 billion.
At the same date, Afcons Infrastructure has 67 active projects across 13 countries, resulting in an order book totaling ₹348.88 billion.
The company has a global presence in Asia, Africa, and the Middle East and operates through five major infrastructure business verticals.
| KPI | Values |
|---|---|
| ROE | |
| ROCE | |
| Debt/Equity | |
| RoNW | |
| P/BV | |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
The net proceeds from the issue are proposed to be utilized by the company for the following objectives:
Afcons Infrastructure Limited Afcons House, 16 Shah Industrial Estate, Veera Desai Road ndheri (West), Mumbai,-400053 Phone: 022 67191214 Email: gaurang@afcons.com Website: https://www.afcons.com/en |
Phone: +91-22-4918 6270 Email: afconsinfrastructure.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
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