AFCONS INFRASTRUCTURE LIMITED

25 Oct 2024 - 29 Oct 2024 Individual Category IPO BSE NSE

Min Investment

₹14816

Price Band

₹440-₹463

Issue Size

866.2 lakhs
Equity Shares

Lot Size

32

IPO Dates
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25 Oct 2024

Open Date

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29 Oct 2024

Close Date

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30 Oct 2024

Allotment Date

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04 Nov 2024

Listing Date

Afcons Infrastructure IPO issue size is 8.66 crore equity share. This IPO is a combination of a fresh issue and an offer for sale. The price band is decided at Rs 443 to Rs 460 per share. Afcons Infrastructure IPO 1 lot consists of 32 shares. The minimum investment for the retail category is to be around Rs 14,816. allotment status will be released on Wednesday, October 30, 2024. The listing will be on the BSE, NSE platform on Monday, November 4, 2024. Afcons Infrastructure IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on Link Intime India and, select the name of the company and enter PAN number or application ID to know their allotment status.

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About Afcons Infrastructure Limited

Afcons Infrastructure Limited was incorporated in 1959, is an infrastructure engineering and construction company of the Shapoorji Pallonji group. The company has five major infrastructure business verticals.  1) Marine and industrial projects include covering ports, harbor jetties, dry docks, wet basins, breakwaters, outfall and intake structures, liquefied natural gas tanks, and material handling systems. 2) Surface transport projects cover highways, roads, interchanges, mining-related infrastructure, and railways. 3) Urban infrastructure projects include elevated and underground metro works, bridges, flyovers, and elevated corridors. 4) Hydro and underground projects cover dams, barrages, tunnels (including large road tunnels), and underground works, water, and irrigation. 5) Oil and gas projects cover both offshore and onshore oil and gas projects.

Founded

1959

Managing Director

Goswami Infratech Private Limited, Shapoorji Pallonji & Company Private Limited and Floreat Investme

Parent Organization

IPO Objectives

Afcons Infrastructure IPO objective is to do capital expenditure toward the purchase of construction equipment. Funding the day-to-day capital needs of the company. The remaining money will be used for repayment of past borrowings and fulfilling the general corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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