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.

Open Demat Account

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

5,430.00 Cr.

Issue Type

Book Built

Open

2024-10-25

Close

2024-10-29

Listing price

₹ 426

Listing Gain

-7.99%

Listing Date

2024-11-04

CMP

₹ 310.2

Current Return

-33.00%

Afcons Infrastructure Ltd. News

Afcons Infrastructure informs about newspaper publication 19 May 2026, 2:34PM Afcons Infrastructure zooms on emerging as suitable bidder for Railway Line project in Europe12 May 2026, 10:21AM Afcons Infrastructure emerges as suitable bidder for Railway Line project in Europe12 May 2026, 10:11AM Afcons Infrastructure moves up on bagging order worth Rs 373 crore in April5 May 2026, 9:42AM Afcons Infrastructure bags order worth Rs 373 crore in April 5 May 2026, 9:26AM Afcons Infrastructure informs about disclosure29 Apr 2026, 3:20PM Afcons Infrastructure informs about disclosure 20 Apr 2026, 5:31PM Afcons Infrastructure informs about record date 18 Mar 2026, 5:31PM Afcons Infrastructure informs about certificate 16 Mar 2026, 4:15PM Afcons Infrastructure informs about redemption of commercial paper16 Mar 2026, 4:14PM Afcons Infrastructure reply to clarification sought on volume movement13 Mar 2026, 4:29PM Afcons Infrastructure informs about updates12 Feb 2026, 4:04PM Afcons Infra - Quaterly Results11 Feb 2026, 12:00AM Afcons Infrastructure gains on securing road infrastructure project in Uganda1 Feb 2026, 9:43AM Afcons Infrastructure secures road infrastructure project in Uganda1 Feb 2026, 9:22AM Afcons Infrastructure informs about disclosures 26 Dec 2025, 5:09PM Afcons Infrastructure informs about updates20 Dec 2025, 3:44PM Afcons Infrastructure gains on bagging orders worth Rs 884 crore in November2 Dec 2025, 12:04PM Afcons Infrastructure bags orders worth Rs 884 crore in November2 Dec 2025, 11:52AM Afcons Infra - Quaterly Results13 Nov 2025, 12:00AM

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 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 8930.67 10498.55 12466.61 12907.27 12499.93
Total Expenditure 8189.73 9735.03 11147.54 11553.04 11058.73
Operating Profit 740.94 763.52 1319.07 1354.23 1441.2
Other Income 223.15 293.96 216.89 378.07 485.25
Interest 465.53 423.22 444.14 576.8 627.99
Depreciation 245.33 351.22 468.8 490.56 489.16
Exceptional Items 0 0 0 0 0
Profit Before Tax 253.23 283.04 623.02 664.94 809.3
Provision for Tax 127.3 23.74 213.35 222.82 223.17
Net Profit 125.93 259.3 409.67 442.12 586.13
Adjusted EPS (Rs.) 1.75 3.6 5.69 1.3 1.59

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 521.97 521.97 521.97 340.74 367.78
Total Reserves 1498.4 1716.85 2146.91 2734.55 4458.97
Borrowings 472.64 401.89 596.48 597.69 595.24
Other N/C liabilities 2675.44 2668.87 2488.2 2425.98 3022.78
Current liabilities 6913.59 7443.6 8264.36 9873.88 8709.42
Total Liabilities 12082.04 12753.18 14017.92 15972.84 17154.19
Assets
Net Block 1985.24 2304.94 2446.53 2769.83 2725.47
Capital WIP 145.52 17.53 183.6 43.07 32.85
Intangible WIP 0 0 0 0 0
Investments 11.92 12.41 12.35 12.18 19.98
Loans & Advances 2484.16 2571.31 2532.42 2340.98 2599.65
Other N/C Assets 270.34 304.07 320.76 359.88 386.86
Current Assets 7184.86 7542.92 8522.26 10446.9 11389.38
Total Assets 12082.04 12753.18 14017.92 15972.84 17154.19
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Other Income 161.1 48.29 109.45 45.3 167.02
Profit Before Tax 248.47 181.71 156.17 131.4 -43.38
Tax 73.13 45.98 44.14 26.22 19.66
Profit After Tax 175.34 135.73 112.03 105.18 -63.04
Adjusted EPS (Rs) 4.77 3.69 3.05 2.86 -1.71

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2026 50.17 60.13
Dec 2025 50.17 53.5
Sep 2025 50.17 53.5
Jun 2025 50.17 53.5
Mar 2025 50.17 43.46
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 253.23 283.04 623.02 664.94 809.3
Adjustment 804.47 656.11 806.56 956.5 872.17
Changes in Assets & Liabilities -200.18 -252.93 -132.21 -558.29 -1557.93
Tax Paid -47.82 -116.41 -99.87 -250.08 -240.27
Operating Cash Flow 809.7 569.81 1197.5 813.07 -116.73
Investing Cash Flow -197.09 -211.13 -820.37 -890.93 -139.4
Financing Cash Flow -542.59 -515.79 -470.68 245.7 291.57
Net Cash Flow 70.02 -157.11 -93.55 167.84 35.44
X