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Open
25 Oct 2024
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Close
29 Oct 2024
3
Allotment
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Listing
Mon, Nov 4, 2024
Price Band
₹440 to ₹463
Issue Size
11,73,27,139 shares (agg. up to ₹5,430 Cr)
Lot Size
32 Shares
Listing Date
Mon, Nov 4, 2024
Latest GMP
₹15
Est. Gain
3.24%
✦ AI Insight
GMP Trend
04-11-2024₹15Est. ₹478+3.24%
03-11-2024₹15Est. ₹478+3.24%
02-11-2024₹10Est. ₹473+2.16%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.20x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 17,184.58 | 16,233.64 | 14,301.25 | 12,973.77 |
| Total Income | 3,213.47 | 13,646.88 | 12,844.09 | 11,269.55 |
| Profit After Tax | 91.59 | 449.76 | 410.86 | 357.61 |
| NET Worth | 3,662.25 | 3,575.05 | 3,155.06 | 2,691.03 |
| Reserves and Surplus | 3,342.52 | 3,255.22 | 2,653.75 | 2,190.11 |
| Total Borrowing | 3,365.10 | 2,455.00 | 1,562.82 | 1,555.20 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Deepak Builders & Engineers India Ltd. | Mainboard | ₹260.04 Cr | ₹203 | 12.06 | ₹161.95 | -20.22% | ₹7.26 |
| Interarch Building Products Ltd. | Mainboard | ₹600.29 Cr | ₹900 | 15.04 | ₹1,196.45 | +32.94% | ₹1,753.50 |
| Ceigall India Ltd. | Mainboard | ₹1,252.66 Cr | ₹401 | 20.67 | ₹386.75 | -3.55% | ₹374.85 |
| SRM Contractors Ltd. | Mainboard | ₹130.20 Cr | ₹210 | 18.76 | ₹226.00 | +7.62% | ₹461.05 |
| Lakshya Powertech Ltd. | SME | ₹49.80 Cr | ₹180 | 8.39 | ₹359.10 | +99.50% | ₹80.20 |
| HVAX Technologies Ltd. | SME | ₹33.53 Cr | ₹458 | 9.97 | ₹490.35 | +7.06% | ₹640.00 |
| Popular Foundations Ltd. | SME | ₹19.87 Cr | ₹37 | 15.97 | ₹37.07 | +0.19% | ₹28.30 |
| Aesthetik Engineers Ltd. | SME | ₹26.47 Cr | ₹58 | 14.59 | ₹115.70 | +99.48% | ₹69.05 |
| Sathlokhar Synergys E&C Global Ltd. | SME | ₹92.93 Cr | ₹140 | 9.35 | ₹247.00 | +76.43% | ₹394.30 |
| V.L.Infraprojects Ltd. | SME | ₹18.52 Cr | ₹42 | 7.73 | ₹83.75 | +99.40% | ₹27.10 |
| Winsol Engineers Ltd. | SME | ₹23.36 Cr | ₹75 | 12.19 | ₹383.25 | +411.00% | ₹112.35 |
| Teerth Gopicon Ltd. | SME | ₹44.40 Cr | ₹111 | 49.55 | ₹131.25 | +18.24% | ₹17.35 |
| K2 Infragen Ltd. | SME | ₹40.54 Cr | ₹119 | 9.68 | ₹173.25 | +45.59% | ₹46.05 |
| AVP Infracon Ltd. | SME | ₹52.34 Cr | ₹75 | 11.2 | ₹75.05 | +0.07% | ₹60.20 |
| Pratham EPC Projects Ltd. | SME | ₹36.00 Cr | ₹75 | 12.72 | ₹118.95 | +58.60% | ₹119.65 |
| Atmastco Ltd. | SME | ₹56.25 Cr | ₹77 | 11.6 | ₹95.55 | +24.09% | ₹132.70 |
| Rudra Gas Enterprise Ltd. | SME | ₹14.16 Cr | ₹63 | 10.9 | ₹125.68 | +99.49% | ₹73.00 |
| Konstelec Engineers Ltd. | SME | ₹28.70 Cr | ₹70 | 9.9 | ₹220.50 | +215.00% | ₹62.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards purchase of construction equipments | 80.00 |
| 2 | Funding long term working capital requirements | 320.00 |
| 3 | Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the Company | 600.00 |
| 4 | General corporate purposes | 206.12 |
| 5 | Issue Expenses | 190.32 |
| Total | 1,396.44 |
About Afcons Infrastructure IPO
Updated on Aug 12, 2026
Contact Details
Afcons Infrastructure Ltd. AddressAfcons House, 16 Shah Industrial EstateVeera Desai Roadndheri (West)Mumbai, Maharashtra, 400053022 67191214gaurang@afcons.comVisit Website