Afcons Infrastructure IPO open date is October 25, 2024 and the IPO will close on October 29, 2024. Afcons Infrastructure IPO is a Book Built Issue. The company to raise around ₹5,430 crores via IPO that comprises fresh issue of ₹1,250 crores and offer for sale up to ₹4,180 crores with face value of ₹10 each.
Afcons Infrastructure IPO price band is ₹440 to ₹463 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Afcons Infrastructure IPO to list on NSE on October 30, 2024. The allotment of Afcons Infrastructure IPO date is November 4, 2024.
The company reported revenue of ₹13,646.87 crores in 2024 against ₹12,844.09 crore in 2023. The company reported a profit of ₹449.74 crores in 2024 against a profit of ₹410.80 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Afcons Infrastructure IPO Details
| IPO Open Date: | October 25, 2024 |
| IPO Close Date: | October 29, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹440 to ₹463 Per Share |
| Issue Size: | Approx ₹5,430 Crores |
| Fresh Issue: | Approx ₹1,250 Crores |
| Offer for Sale: | Approx 4,180 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Afcons Infrastructure IPO IPO Market Lot
The Afcons Infrastructure IPO minimum market lot is 32 shares with ₹14,816 application amount. The retail investors can apply up-to 13 lots with 416 shares or ₹1,92,608 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 32 | ₹14,816 |
| Retail Maximum | 13 | 416 | ₹1,92,608 |
| S-HNI Minimum | 14 | 448 | ₹2,07,424 |
| B-HNI Minimum | 68 | 2,176 | ₹10,07,488 |