Afcons Infrastructure Ltd. IPO

Listed Listed stocks

IPO Details

  • Bidding Date

    25-Oct-2024 to
    29-Oct-2024

  • Issue Size

    ₹5430 Cr

  • Price Band

    ₹440 to ₹463

  • Allotment date

    30-Oct-2024

  • Listing date

    04-Nov-2024

  • Lot size

    32

  • No. of shares

    11,72,78,618

  • Fresh issue/OFS

    ₹1250 Cr/₹4180 Cr

About The Company

Established in 1976, Afcons Infrastructure Ltd is the flagship infrastructure, engineering, and construction entity of the Shapoorji Pallonji Group, a prominent Indian conglomerate. This company operates primarily in the infrastructure sector, focusing on a wide range of projects across various business verticals. The company’s notable achievements include completing 79 projects in 17 countries, with a historic executed contract value of Rs 563.05 billion. Its projects span multiple geographies, particularly in Asia, Africa, and the Middle East, showcasing its international presence. The company has established strong relationships with notable clients, such as: Arcelor Mittal, ARISE Integrated Industrial Platforms, IHI Corporation and Reliance Industries Limited etc.

Read our in-depth analysis of the Afcons Infrastructure Ltd. IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    3.8x

  • NIIs

    5.1x

  • Retail

    0.9x

  • Others

    1.7x

  • Total

    2.6x

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FAQs for Afcons Infrastructure Ltd..

The issue size of Afcons Infrastructure Ltd. is ₹5,430.00 Cr.

Afcons Infrastructure Ltd. falls into Construction & Engineering industry.

The Afcons Infrastructure Ltd. IPO will be listed on both NSE and BSE.

The open and close dates for the Afcons Infrastructure Ltd. are 25-Oct-2024 & 29-Oct-2024.

The price band for the Afcons Infrastructure Ltd. ipo is ₹440 to ₹463

The listing date of Afcons Infrastructure Ltd. IPO is 04-Nov-2024.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Afcons Infrastructure Ltd. total subscription ratio is 2.6X.

Key financial of the Afcons Infrastructure Ltd. are:


Afcons Infrastructure Ltd. FY-24 FY-23 FY-22
Revenue (₹ Cr) 13267.5 12637.4 11019
EBIT (₹ Cr) 870.5 839.1 580.7
Proft after Tax (₹ Cr) 449.7 410.9 356.4
Debt (₹ Cr) 2455 1562.8 1555.2
Net Worth (₹ Cr) 3597.5 3177.3 2702.8
RoE (%) 12.5 12.93 13.19