Afcons Infrastructure Ltd. IPO

Afcons Infrastructure IPO is a book-built issue worth Rs 5,430 crore, comprising a fresh issue of Rs 1,250 crore (2.7 crore shares) and an offer for sale (OFS) of Rs 4,180 crore (9.03 crore shares). The IPO will open for subscription from October 25 to October 29, 2024, with the allotment expected on October 30 and a tentative listing on November 4, 2024, on BSE and NSE. The price band is Rs 440-463 per share, with a minimum lot size of 32 shares, requiring Rs 14,816 from retail investors.

RHP
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DRHP
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Open Date

2024-10-25

Close Date

2024-10-29

Afcons Infrastructure Ltd. IPO Details

Check out the issue details for Afcons Infrastructure Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 463

Price Band

₹ 440 - 463

Issue Size

5430 Cr.

Issue Type

Book Built

Open

2024-10-25

Close

2024-10-29

Listingprice

₹ 426

ListingGain

-7.99%

Listing Date

2024-11-04

CMP

₹ 452.7

Current Return

-2.22%

Afcons Infrastructure Ltd. News

Afcons Infrastructure informs newspaper publication 14 Feb, 5:18PM Afcons Infrastructure reports 36% rise in Q3 consolidated net profit14 Feb, 4:38PM Afcons Infra - Quaterly Results13 Feb, 5:22PM Afcons Infra - Quaterly Results13 Feb, 5:22PM Afcons Infra - Quaterly Results13 Feb, 5:22PM Afcons Infrastructure informs about analyst meet11 Feb, 12:56PM Afcons Infrastructure informs about credit rating 29 Jan, 10:06AM Afcons Infrastructure emerges as lowest bidder for Pune Ring Road Packages E5, E713 Jan, 4:00PM Afcons Infrastructure informs about receipt of LOI from government 3 Jan, 4:30PM Afcons Infrastructure secures LoI worth Rs 1084.54 crore3 Jan, 12:07PM Afcons Infrastructure informs about change in name of RTA2 Jan, 12:42PM Afcons Infrastructure gets LoA worth Rs 1006.74 crore16 Dec, 9:20AM Afcons Infrastructure’s JV declared as lowest bidder for project worth Rs 503.85 crore12 Dec, 12:08PM Afcons Infrastructure informs about updates10 Dec, 3:24PM Afcons Infrastructure completes longest tunnelling drive for DMRC in Delhi Metro Phase-45 Dec, 5:55PM Afcons Infrastructure informs about press release 5 Dec, 5:05PM Afcons Infrastructure informs about investor meet29 Nov, 4:56PM Afcons Infrastructure informs about press release25 Nov, 5:30PM Afcons Infrastructure submits intimation of TV interview25 Nov, 5:24PM Afcons Infrastructure submits revised investor presentation25 Nov, 3:54PM

Company Financials

You can get the following financial statements of Afcons Infrastructure Ltd. as of now.

Exchange

NSE: AFCONS BSE: 544280

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Afcons Infrastructure IPO Details

The details about the Afcons Infrastructure IPO are as:

  • The issue size of the IPO is 5430 Cr.
  • The price band for Afcons Infrastructure IPO is Rs 440 to Rs 463.
  • The shares of Afcons Infrastructure IPO will list on 4th November 2024.
  • The latest tentative GMP of Afcons Infrastructure IPO is Rs 23.
  • The shares of Afcons Infrastructure IPO are subscribed 2.77 Times as of 29th October 2024. 

 

Afcons Infrastructure IPO Valuation

The approx valuation of Afcons Infrastructure IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 463
Existing Shares (Qty) 34.07 Cr
Fresh Issue 1250 Cr
Market Cap 17,024.41 Cr
EPS (FY24) Rs 13.20
PE Ratio 35.07x
Industry PE 47.91x

 

Afcons Infrastructure IPO Issue Size

Afcons Infrastructure IPO issue size is 5430 Cr.

Issue Amount
Fresh Issue 1250 Cr
Offer For Sale 4180 Cr

 

Afcons Infrastructure IPO Market Lot

An Individual can apply for a minimum 1 lot of 32 shares and a maximum of 13 lots of 416 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 32 Rs 14,816
Maximum 13 416 Rs 1,92,608

 

Afcons Infrastructure IPO share offer

The shares of Afcons Infrastructure IPO are subscribed 2.77 Times as of 29th October 2024. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Afcons Infrastructure IPO GMP (Grey Market Premium)

As on GMP (Tentative)
26 October 2024 Rs 33
28 October 2024 Rs 18
29 October 2024 Rs 23

Afcons Infrastructure IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Find below the dates for Afcons Infrastructure IPO:

Schedule Date
Basis of Allotment 30 October 2024
Refunds 31 October 2024
Credit to Demat Account 31 October 2024
IPO Listing Date 04 November 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 9254.97 8930.67 10498.55 12466.61 12907.27
Total Expenditure 8507.78 8189.73 9735.03 11147.54 11553.04
Operating Profit 747.19 740.94 763.52 1319.07 1354.23
Other Income 251.04 223.15 293.96 216.89 378.07
Interest 385.78 465.53 423.22 444.14 576.8
Depreciation 234.04 245.33 351.22 468.8 490.56
Exceptional Items 0 0 0 0 0
Profit Before Tax 378.41 253.23 283.04 623.02 664.94
Provision for Tax 136.49 127.3 23.74 213.35 222.82
Net Profit 241.92 125.93 259.3 409.67 442.12
Adjusted EPS (Rs.) 3.36 1.75 3.6 5.69 1.3

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 521.97 521.97 521.97 521.97 340.74
Total Reserves 1393.52 1498.4 1716.85 2146.91 2734.55
Borrowings 572.82 472.64 401.89 596.48 597.69
Other N/C liabilities 3064.48 2675.44 2668.87 2488.2 2425.98
Current liabilities 7099.28 6913.59 7443.6 8264.36 9873.88
Total Liabilities 12652.07 12082.04 12753.18 14017.92 15972.84
Assets
Net Block 1912.08 1985.24 2304.94 2446.53 2769.83
Capital WIP 17.94 145.52 17.53 183.6 43.07
Intangible WIP 0 0 0 0 0
Investments 11.66 11.92 12.41 12.35 12.18
Loans & Advances 2784.21 2484.16 2571.31 2532.42 2340.98
Other N/C Assets 276.34 270.34 304.07 320.76 359.88
Current Assets 7649.84 7184.86 7542.92 8522.26 10446.9
Total Assets 12652.07 12082.04 12753.18 14017.92 15972.84
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024 Dec 2024
Other Income 130.72 118.82
Profit Before Tax 195.69 217.66
Tax 55.22 50.96
Profit After Tax 140.47 166.7
Adjusted EPS (Rs) 4.12 4.53

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2024 50.17 43.46
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 378.41 253.23 283.04 623.02 664.94
Adjustment 581.22 804.47 656.11 806.56 956.5
Changes in Assets & Liabilities -13.23 -200.18 -252.93 -132.21 -558.29
Tax Paid -122.45 -47.82 -116.41 -99.87 -250.08
Operating Cash Flow 823.95 809.7 569.81 1197.5 813.07
Investing Cash Flow -334.25 -197.09 -211.13 -820.37 -890.93
Financing Cash Flow -405.95 -542.59 -515.79 -470.68 245.7
Net Cash Flow 83.75 70.02 -157.11 -93.55 167.84
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