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

₹ 487.8

Current Return

5.36%

Afcons Infrastructure Ltd News

Afcons Infrastructure emerges as lowest bidder for Bhopal project 4 Nov, 2:28PM Afcons Infrastructure coming with IPO to raise Rs 5717 crore23 Oct, 6:30PM Afcons Infrastructure gets SEBI's nod for Rs 7,000 crore IPO 18 Sep, 3:37PM

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 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 7731.9 9254.97 8930.67 10498.55 12466.61
Total Expenditure 7213.66 8507.78 8189.73 9735.03 11147.54
Operating Profit 518.24 747.19 740.94 763.52 1319.07
Other Income 203.39 251.04 223.15 293.96 216.89
Interest 276.73 385.78 465.53 423.22 444.14
Depreciation 235.04 234.04 245.33 351.22 468.8
Exceptional Items 0 0 0 0 0
Profit Before Tax 209.86 378.41 253.23 283.04 623.02
Provision for Tax 84.81 136.49 127.3 23.74 213.35
Net Profit 125.05 241.92 125.93 259.3 409.67
Adjusted EPS (Rs.) 1.74 3.36 1.75 3.6 5.69

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 521.97 521.97 521.97 521.97 521.97
Total Reserves 1211.35 1393.52 1498.4 1716.85 2146.91
Borrowings 650.35 572.82 472.64 401.89 596.48
Other N/C liabilities 2425.02 3064.48 2675.44 2668.87 2488.2
Current liabilities 5085.88 7099.28 6845.38 7443.6 8264.36
Total Liabilities 9894.57 12652.07 12013.83 12753.18 14017.92
Assets
Net Block 1658.89 1912.08 1985.24 2304.94 2446.53
Capital WIP 30.54 17.94 145.52 17.53 183.6
Intangible WIP 0 0 0 0 0
Investments 12.06 11.66 11.92 12.41 12.35
Loans & Advances 499.82 2784.21 991.14 2571.31 2532.42
Other N/C Assets 1627.59 276.34 1763.36 304.07 320.76
Current Assets 6065.67 7649.84 7116.65 7542.92 8522.26
Total Assets 9894.57 12652.07 12013.83 12753.18 14017.92
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 209.86 378.41 253.23 283.04 623.02
Adjustment 404.73 581.22 804.47 656.11 806.56
Changes in Assets & Liabilities 188.13 -13.23 -200.18 -252.93 -132.21
Tax Paid -118.08 -122.45 -47.82 -116.41 -99.87
Operating Cash Flow 684.64 823.95 809.7 569.81 1197.5
Investing Cash Flow -149.84 -334.25 -197.09 -211.13 -820.37
Financing Cash Flow -390.5 -405.95 -542.59 -515.79 -470.68
Net Cash Flow 144.3 83.75 70.02 -157.11 -93.55
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