A B Infrabuild Rights Issue is scheduled on 24 Sep – 4 Oct 2024
Established in 2011, A B Infrabuild provides Road Over Bridge (ROB) and Foot Over Bridge (FOB) services. The company also offers services in new station infrastructure, civil and structural works, track construction, track connections, gauge conversion, and new rail lines. Additionally, A B Infrabuild is engaged in the construction of road contracts, infrastructure, and steel mill bridges.
The company is registered as a Grade “AA” contractor with the Municipal Corporation of Greater Mumbai and as a Class 1(A) Contractor with the Public Works Department, Maharashtra.
The company’s major clients include Krypton Corp, Dev Engineers, Dedicated Freight Corridor Corporation of India Ltd, GCC Hotel Private Ltd, Sky Way Infrastructure Private Limited, North Central Railway, Central Railway, Mumbai Metropolitan Region Development Authority, Western Railway, Central Organisation for Railway Electrification, Mumbai Railway Vikas Corporation Ltd, and Municipal Corporation of Greater Mumbai.
Promoters of A B Infrabuild –
Table of Contents
A B Infrabuild Rights Issue Details
| A B Infrabuild Rights Issue Date | 24 Sep – 4 Oct 2024 |
| A B Infrabuild Rights Issue Price | INR 18 per share |
| Issue Size (in Shares) | 55,27,180 shares |
| Issue Size (in INR) | INR 9.95 crore |
| Issue Entitlement | 1 equity shares for every 8 equity shares held on record date |
| Terms of Payment | Fully payable at the time of application |
| A B Infrabuild Rights Issue Record Date | 17 May 2024 |
| Face Value | INR 10 per share |
| Listing On | NSE |
A B Infrabuild Rights Issue Calculation
| A B Infrabuild Rights Issue Price | INR 18 per share |
| Market Price on Rights Issue Approval | INR 53.90 per share |
| Dilution Factor (X) | 1.13 |
| Fair Value After Dilution at Prevailing Price | INR 49.91 per share |
A B Infrabuild Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 61.78 | 64.32 | 123.09 |
| Expenses | 61.79 | 63.93 | 115.59 |
| Operating Margin (%) | 6.0 | 8.0 | 10.0 |
| Net Income | (2.23) | 0.86 | 7.54 |
| ROCE (%) | 8.0 | 8.0 | 20.0 |
A B Infrabuild Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
A B Infrabuild Rights Offer Documents
- A B Infrabuild Rights Issue Application Form
- A B Infrabuild Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
A B Infrabuild Rights Issue Dates
| Rights Issue Approval Date | 13 May 2024 |
| Rights Issue Record Date | 17 May 2024 |
| Credit of Rights Entitlement | 19 September 2024 |
| Rights Issue Opening Date | 24 September 2024 |
| Last Date for Market Renunciation | 27 September 2024 |
| Rights Issue Closing Date | 4 October 2024 |
| Finalization of Basis of Allotment | 9 October 2024 |
| Rights Allotment Date | 10 October 2024 |
| Credit Date | 16 October 2024 |
| Listing Date | 21 October 2024 |
A B Infrabuild Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
A B Infrabuild Issue Contact Details
A B INFRABUILD LIMITED
104, 1st Floor, Shubhangan CHS Ltd.,
Jawahar Nagar Railway Station Crossing,
Goregaon West, Mumbai – 400062
Phone: 28712114
Email: [email protected]
Website: www.abinfrabuild.com
A B Infrabuild Rights Offer FAQs
What is the A B Infrabuild Rights Issue Price?
The issue price is INR 18 per share.
What is the A B Infrabuild Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Shares for every 8 Equity Shares held on the record date.
What is the A B Infrabuild Rights Issue Record Date?
The Record date is 17 May 2024.
How to Apply in A B Infrabuild Rights Offer?
The best way to apply in A B Infrabuild Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
