Afcons Infrastructure IPO Date, Price, GMP, Review, Details

The total IPO Size is Approx ₹7,000 Crores in which fresh issue of Approx ₹1,250 Crores and offer for sale up to [.] equity shares. The company set face value of ₹10 each. You can apply for Afcons Infrastructure IPO for minimum lot size is 32 shares for the retail investors, aggregating to an investment of ₹14,816.

This IPO is to be list on BSE platform on 4 November, 2024, and allotment date is on 30 October, 2024 which check Afcons Infrastructure IPO allotment status on Link Intime India Private Ltd is the registrar for this offering.

The book-running lead managers of this IPO is ICICI Securities Limited, Dam Capital Advisors Ltd, Jefferies India Private Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, Nuvama Wealth Management Limited, SBI Capital Markets Limited. For more information check Afcons Infrastructure IPO DRHP and RHP details.

Afcons Infrastructure IPO Details

Afcons Infrastructure IPO Prospectus:

Afcons Infrastructure IPO Dates Timeline

Afcons Infrastructure IPO Market Lot

Afcons Infrastructure IPO GMP*

About Afcons Infrastructure

Afcons Infrastructure Limited is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji group, a diversified Indian conglomerate, and has a legacy of over six decades. They have a strong track record of executing numerous complex, challenging, and unique EPC projects both within India and internationally. According to the Fitch Report, they are one of India’s largest international infrastructure companies, as per the 2023 ENR (Engineering News-Record, US) Top International Contractors rankings, based on International Revenue for the Financial Year 2023. During the period comprising the last ten financial years and the six months ending September 30, 2023, they have completed 76 projects across 15 countries with a total historic executed contract value of ₹522.20 billion. As of September 30, 2023, they have 67 active projects across 13 countries, aggregating to an order book of ₹348.88 billion. Among large infrastructure construction companies in India analyzed in the FitchReport, they had the highest ROCE and ROE margins for the Financial Year 2023

Over the years, they have expanded our presence globally and in particular across Asia, Africa, and the Middle East. They have undertaken many complex, challenging, unique, and ‘firstofitskind’infrastructure projects in India and the rest of the world.

Afcons Infrastructure IPO Strengths

• Strong Track Record of Timely Execution of Large-Scale, Complex and High-Value Projects;
• Diversified Order Book across Geographies, Clients, and Business Verticals, Longstanding Relationships with Clients Globally, and Strong Financial Performance;
• Collaboration among Internal Teams and with JV counter parties, and a Strategic Equipment Base leading to Strong Execution Capabilities;
• Knowledge Management and Innovation Practices;
• Experienced Leadership Team with Shapoorji Pallonji Group parentage; and
• Strong Risk Management, Project Selection and Dispute Resolution Processes

Objects of the IPO Issue

1. Capital expenditure towards purchase of construction equipment
2. Funding long term working capital requirements
3. Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the Company.
4. General corporate purpose

Afcons Infrastructure Company Financial Report

The company reported revenue of ₹12,844.1 crores in 2023 against ₹11,269.55 crores in 2022. The company reported a profit of ₹410.86 crores in 2023 against a Profit of ₹357.61 crores in 2022.

Afcons Infrastructure IPO Valuation – Key Performance Indicator

Peer Group Comparison

The below peer comparison table’s data are showing as per the DRHP and RHP.

Afcons Infrastructure IPO allotment status check on Link Intime website. Click on Link Intime India Private Ltd to get allotment status.

Afcons Infrastructure IPO FAQs