| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹5430.00 Cr |
| Fresh Issue | ₹1251.73 Cr |
| Offer for Sale | ₹4178.27 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน440.00-463.00 per share |
| Discount | Retail: 0.00,Employee: 44.00 |
| BSE Code | 544280 |
| NSE Code | AFCONS |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | ICICI Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 32 shares and in multiples thereof
Incorporated in 1959, Afcons Infrastructure Limited is an infrastructure engineering and construction company of the Shapoorji Pallonji group, with a legacy of over six decades.
As of September 30 2023, the company has completed 76 projects across 15 countries with a total historic executed contract value of Rs 522.20 billion.
As of September 30, 2023, the company has 67 active projects across 13 countries, totaling an order book of Rs 348.88 billion.
The company is globally present in Asia, Africa and Middle East.
The company has five major infrastructure business verticals
Oil and gas projects cover both offshore and onshore oil and gas projects.
Competitive Strength
| 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 | ||||
| KPI | Jun 30, 2024 |
|---|---|
| ROE | 10.55% |
| ROCE | 14.89% |
| Debt / Equity | 0.91% |
| RoNW | 2.50% |
| PAT Margin | 2.85% |
| Price to Book Value | 4.31 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 13.20 | 9.96 |
| P/E (x) | 35.08 | 46.48 |
| Promoter Holding | 80.64% | 50.17% |
| Market Cap | โน17026.18 Cr. | |