A B Infrabuild Rights Issue Date, Price, Allotment, Entitlement

0
A B Infrabuild Rights Issue

A B Infrabuild Rights Issue is scheduled on 7 – 21 June 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.

A B Infrabuild

Promoters of A B Infrabuild –


A B Infrabuild Rights Issue Details

A B Infrabuild Rights Issue Date7 – 21 June 2024
A B Infrabuild Rights Issue PriceINR 18 per share
Issue Size (in Shares)55,27,180 shares
Issue Size (in INR)INR 9.95 crore
Issue Entitlement1 equity shares for every 8 equity shares held on record date
Terms of PaymentFully payable at the time of application
A B Infrabuild Rights Issue Record Date17 May 2024
Face ValueINR 10 per share
Listing OnNSE

A B Infrabuild Rights Issue Calculation

A B Infrabuild Rights Issue PriceINR 18 per share
Market Price on Rights Issue ApprovalINR 53.90 per share
Dilution Factor (X)1.13
Fair Value After Dilution at Prevailing PriceINR 49.91 per share

A B Infrabuild Financial Performance

 FY 2021FY 2022FY 2023
Revenue61.7864.32123.09
Expenses61.7963.93115.59
Operating Margin (%)6.08.010.0
Net Income(2.23)0.867.54
ROCE (%)8.08.020.0
Figures in INR Crores unless specified otherwise

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 Dates

Rights Issue Approval Date13 May 2024
Rights Issue Record Date17 May 2024
Credit of Rights EntitlementComing soon
Rights Issue Opening Date7 June 2024
Last Date for Market Renunciation14 June 2024
Rights Issue Closing Date21 June 2024
Finalization of Basis of AllotmentComing soon
Rights Allotment DateComing soon
Credit Date Coming soon
Listing DateComing soon

A B Infrabuild Rights Offer Lead Manager

Coming soon


A B Infrabuild Rights Offer Registrar

Coming soon


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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here