58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Afcons Infrastructure Limited IPO (Afcons Infrastructure IPO) Details

Afcons Infrastructure Limited is an Infrastructure based company, located in Mumbai, Afcons Infrastructure Limited IPO size was 5430.00 Cr. and was issued at 463.00 per share. The share of Afcons Infrastructure Limited were listed at 474.55 per share and are currently trading at 443.80 per share.

Type :
Sub Sector : Infrastructure Engineering And Construction Company
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
12853.88 Cr.

PAT :
366.36 Cr.

Pricing Report

Issue Price :
463.00

Listing Price :
474.55

Current Market Price :
443.80

Issue Price vs CMP :
19.2 (4.15%)

listing Price vs CMP :
30.75 (6.48%)

Performance Report (CAGR* wise)

CAGR : -8.89
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Afcons Infrastructure

Company Information
Afcons Infrastructure Limited is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji group, a diversified Indian conglomerate, and have a legacy of over six decades. They have a strong track record of executing numerous complex, challenging and unique EPC projects both within India and internationally. According to the Fitch Report, they are one of India’s largest international infrastructure companies, as per the 2023 ENR (Engineering News-Record, US) Top International Contractors rankings, based on International Revenue for the Financial Year 2023. During the period comprising the last ten financial years and the six month period ended September 30, 2023, they have successfully completed 76 projects across 15 countries with a total historic executed contract value of ₹522.20 billion. As
Show More
Object of Issue
  • Capital expenditure towards purchase of construction equipment
  • Funding long term working capital requirements
  • Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the Company
  • General Corporate Purposes

Afcons Infrastructure MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2024
IPO Size :
5430.00 Cr.
Market Cap :
17026.18 Cr.   
IPO Subscription :
2.77 X     
PE Multiple :
46.48
Merchant Banker :
Dam Capital Advisors Limited (Formerly Idfc Securities Limited)
IPO Registrar:
Link Intime India Private Limited
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

See Other MainBoard IPOs in Mumbai

Quality Power Electrical Equipments Limited

  Manufactures critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks, enabling energy transition from renewable sources to power gr

  Sangli


Hexaware Technologies Limited

  business of global digital and technology services with artificial intelligence.

  Mumbai


Ajax Engineering Limited

  SLCM machinery that are widely used in infra developments

  Bangalore


Dr Agarwals Health Care Limited

  comprehensive range of eye care services

  Chennai


Denta Water and Infra Solutions Limited

  water and infrastructure solutions company

  Bangalore


Peer Companies Of This Sector

FAQs

Afcons Infrastructure operates in Infrastructure and Infrastructure Engineering And Construction Company. The Issue is listed on BSE,NSE in Nov, 2024. Afcons Infrastructure IPO size was 5430.00 Cr. with Issue price of 463.00 .

Merchant Banker(s) of Afcons Infrastructure IPO: Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , ICICI Securities Limited , Jefferies India Private Limited , Nomura Financial Advisory And Securities (India) Private Limited , Nuvama Wealth Management Limited , SBI Capital Markets Limited

Afcons Infrastructure IPO subscription was 2.77 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Afcons Infrastructure IPO listed at a listing price of 474.55 against the offer price of 463.00.

The current market price of Afcons Infrastructure is 443.80.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency