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Afcons Infrastructure IPO Details 2024

IPO Status: Upcoming [ to ]

Rated 3/5 by Team InvestorGain
Afcons Infrastructure IPO Detail

Afcons Infrastructure Mainline IPO worth of ₹7000.00 Cr is coming soon. it is a Mainline IPO which will list on BSE, NSE.

IPO opening and closing dates, IPO price band and lot size are yet to be announced.

Stay connected with us to get the complete Afcons Infrastructure Mainline IPO 2024 details including business overview, financial performance, IPO opening and closing dates, GMP, issue details and subscription details.

Afcons Infrastructure IPO Details

IPO Issue Opening Date:
IPO Issue Closing Date:
IPO Issue Price: ₹TBD Per Share
DRHP: Download DRHP
IPO Listing At: BSE, NSE
Retail Quota: Not less than 35.00% of the Net Issue
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹7000.00 Cr
Offer for Sale: ₹5750.00 Cr
Fresh Issue: ₹1250.00 Cr
Face Value: ₹10 Per Equity Share
IPO Discount: TBD
Promoter Holding Pre IPO: 99.48%
Promoter Holding Post IPO:

Afcons Infrastructure IPO Important Dates

Get important updates regarding Afcons Infrastructure IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Afcons Infrastructure IPO dates
IPO Activity Date
Basis of Allotment Date*
Refunds Initiation*
Credit of Shares to Demat*
IPO Listing Date*

* - Tentative Dates

Afcons Infrastructure IPO Lots

IPO Activity Date
Issue Price ₹TBD
Market Lot: TBD Shares
1 Lot Amount: ₹TBD
Min Small HNI Lots(2-10 Lakh): TBD -
Min Big HNI Lots(10+ Lakh): TBD -

Afcons Infrastructure IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
02-10-20240--₹ (0%)2-Oct-2024 7:03
IPO Live GMP

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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Afcons Infrastructure

Afcons Infrastructure Limited was founded in November 1976. The company is the flagship of the Shapoorji Pallonji Group, a diversified Indian conglomerate, and has a history of over six decades. The company has a long track record of executing numerous complex, challenging and unique EPC projects both in India and internationally.

In the last ten financial years and the six-month period ending September 30, 2023, the company has successfully completed 76 projects across 15 countries with a historical total contract value of ₹ 522.20 billion.

As of September 30, 2023, the company has 67 active projects in 13 countries with a total order backlog of ₹ 348.88 billion.

Over the years, the company has expanded its presence globally and particularly in Asia, Africa and the Middle East. The company has executed many complex, challenging, unique and one-of-a-kind infrastructure projects in India and the rest of the world.

Marine and industrial projects include harbor covers, harbor piers, dry docks, wet basins, breakwaters, outlet and inlet structures, liquefied gas tanks and material handling systems.

Afcons Infrastructure IPO Strengths

  • Strong track record of delivering large, complex and high value projects on time.
  • Diversified order book across different regions, customers and business units, long-standing relationships with customers around the world and strong financial performance.
  • Collaboration between internal teams and with joint venture partners and a strategic equipment base resulting in a strong execution capability.
  • Knowledge management and innovation practices.
Incorporation Sector IPO Issue Size Website
1976 infrastructure services ₹7000.00 Cr https://www.afcons.com/en

Afcons Infrastructure IPO Objective

The Company proposes to utilise the Net Proceeds towards funding the following objects
  • Capital expenditure towards purchase of construction equipment
  • Funding long term working capital requirements
  • Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the Company
  • General corporate purpose

Our experts can help you prepare for SME IPO

Afcons Infrastructure Limited Financial Information (Restated Consolidated)

Afcons Infrastructure Limited's revenue increased by 6% and profit after tax (PAT) rose by 9% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets16,233.6414,301.2512,973.7712,489.94
Revenue13,646.8812,844.0911,269.559,521.12
Profit After Tax449.76410.86357.61169.91
Net Worth3,155.062,691.032,369.47
Reserves and Surplus2,718.552,132.55
Total Borrowing1,562.821,555.21,588.59
Amount in ₹ Crore

Afcons Infrastructure IPO Peer Comparison

The table below show peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Afcons Infrastructure Limited12.0612.0692.5913.02Consolidated
Larsen & Toubro Ltd.74.5174.45631.3448.4911.8Consolidated
Kec International Ltd.`6.856.85142.7897.214.8Consolidated
Kalpataru Projects International Limited29.0629.06283.2436.729.58Consolidated
Dilip Buildcon Ltd-0.1-0.1270.45-41620.02Consolidated

Company Address

Afcons Infrastructure Limited
Afcons House, 16 Shah Industrial Estate, Veera Desai Road,Andheri (West)
Mumbai,Maharashtra-400053
India
Website: https://www.afcons.com/en
Phone: 022 67191214
Email: [email protected]

Afcons Infrastructure IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: [email protected]
Afcons Infrastructure IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Afcons Infrastructure? Should I apply in Afcons Infrastructure IPO?

Last Updated on 02-Oct-2024 10:32:54

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Afcons Infrastructure IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Afcons Infrastructure IPO with Zerodha.

Alternate approch to apply in Afcons Infrastructure IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Afcons Infrastructure IPO Review and Important Updates

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Apply in Afcons Infrastructure IPO online

To subscribe or apply in Afcons Infrastructure IPO, you can use the following methods:

MethodDetails
Afcons Infrastructure IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Afcons Infrastructure IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Afcons Infrastructure IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Afcons Infrastructure IPO. Most of the Syndicate Banks provide access to apply in Afcons Infrastructure IPO via ASBA process. You must have your net banking access, DP ID information to apply in Afcons Infrastructure IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Afcons Infrastructure IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Afcons Infrastructure IPO Review and Important Updates

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Afcons Infrastructure IPO Application is not yet available.

 

Afcons Infrastructure IPO Listing Date is not yet announced.

 

Afcons Infrastructure IPO Allotment Date is not yet announced.

 


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