Afcons Infrastructure IPO Description – Afcons is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji group, a diversified Indian conglomerate, with a legacy spanning over six decades. The company boasts a strong track record of successfully executing numerous complex, challenging, and unique EPC projects both within India and internationally.
The company designs and executes projects across five major infrastructure business verticals:
- Marine and Industrial
- Surface Transport
- Urban Infrastructure
- Hydro and Underground
- Oil and Gas
As of 30 September 2023, Afcons Infrastructure has completed 76 projects across 15 countries, with a total historical executed contract value of INR 52,220 crore. Additionally, the company has 67 active projects across 13 countries, totaling an order book of INR 34,888 crore.
By 30 September 2023, its equipment arsenal comprised 10 marine barges, 133 cranes, 16 tunnel boring machines, eight large-capacity jackups, and 20 piling rigs. Concurrently, Afcons Infrastructure boasted a workforce of 4,159 permanent employees as of the same date.
Promoters of Afcons Infrastructure – Goswami Infratech Private Limited, Shapoorji Pallonji and Company Private Limited, and Floreat Investments Private Limited
Table of Contents
Afcons Infrastructure IPO Details
| Afcons Infrastructure IPO Dates | Coming soon |
| Afcons Infrastructure Issue Price | Coming soon |
| Fresh issue | INR 1,250 crores |
| Offer For Sale | INR 5,750 crores |
| Total IPO size | INR 7,000 crores |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Afcons Infrastructure Issue Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 9,375.56 | 11,018.97 | 12,637.38 | 6,505.39 |
| Expenses | 9,230.61 | 10,863.00 | 12,245.02 | 6,367.92 |
| Net income | 169.91 | 357.61 | 410.86 | 195.13 |
| Margin (%) | 1.81 | 3.25 | 3.25 | 3.00 |
Afcons Infrastructure Offer News
- Afcons Infrastructure RHP
- Afcons Infrastructure DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Afcons Infrastructure Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 4.99 | 10.49 | 12.06 |
| PE ratio | – | – | – |
| RONW (%) | 7.17 | 13.29 | 13.02 |
| NAV | 69.54 | 78.98 | 92.59 |
| ROCE (%) | 16.50 | 17.30 | 20.04 |
| EBITDA (%) | 9.43 | 9.48 | 10.70 |
| Debt/Equity | 0.66 | 0.57 | 0.49 |
Afcons Infrastructure IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Afcons Infrastructure – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Afcons Infrastructure | – | 12.06 | 13.02 | 92.59 | 12,637.38 |
| Larsen & Toubro | 48.49 | 74.45 | 11.80 | 631.34 | 183,340.70 |
| KEC International | 97.21 | 6.85 | 4.80 | 142.78 | 17,281.71 |
| Kalpataru Project International | 36.72 | 29.06 | 9.58 | 283.24 | 16,361.44 |
| Dilip Buildcon | (4,162.0) | (0.10) | 0.02 | 270.45 | 10,643.65 |
Afcons Infrastructure IPO Subscription – Live Updates
Coming soon
Afcons Infrastructure IPO Allotment Status
Afcons Infrastructure IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Afcons Infrastructure IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Afcons Infrastructure IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Afcons Infrastructure IPO Reviews – Subscribe or Avoid?
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Afcons Infrastructure Offer Lead Manager
ICICI SECURITIES LIMITED
4th Floor, ICICI Venture House, Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025, Maharashtra
Phone: +91 22 6807 7100
Email:Â [email protected]
Website:Â www.icicisecurities.com
Afcons Infrastructure Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Afcons Infrastructure Contact Details
AFCONS INFRASTRUCTURE LIMITED
Afcons House, 16 Shah Industrial Estate,
Veera Desai Road, Andheri (West),
Mumbai-400053, Maharashtra, 400053
Phone:Â 022-67191214
Email: [email protected]
Website: www.afcons.com
Afcons Infrastructure IPO FAQs
How many shares in Afcons Infrastructure IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Afcons Infrastructure Public Offer?
The best way to apply for Afcons Infrastructure public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Afcons Infrastructure IPO GMP today?
Afcons Infrastructure IPO GMP today is INR NA per share.
What is Afcons Infrastructure kostak rate today?
Afcons Infrastructure kostak rate today is INR NA per application.
What is Afcons Infrastructure Subject to Sauda rate today?
Afcons Infrastructure’s subject-to-Sauda rate today is INR NA per application.
