AB Infrabuild IPO description – AB Infrabuild provides various services such as civil and structural work, new station infrastructure, redevelopment of old stations, new railway lines, gauge conversion, track linking, track formation, building of Rail Over Bridge, Foot Over Bridge etc. The company has been engaged in the development of infrastructure for the last 10 years and has completed construction of Road Over Bridge ( ROB ) at various stations in the Central Railway and the Western Railway, Construction of Foot Over Bridges, Skywalks and elevated booking offices at many railway stations for the Mumbai Railway Vikas Corporation Ltd, Construction of new platforms for the Western Railway, Construction of new Station Buildings for the Western Railway and have also done repairs to the approach roads for the Western Railway. It is also undertaking reconstruction of Roads / Widening and construction of Pedestrian cum Vehicular Subways for the Municipal Corporation of Greater Mumbai and the Mumbai Metropolitan Region Development Authority.
The company is a Grade “AA” Contractor registered with Municipal Corporation of Greater Mumbai and Class 1(A) Contractor with Public Works Department, Maharashtra. AB Infrabuild is also a pioneer in the Ready Mix Concrete Industry having a Ready Mix Concrete Plant with a fleet of 15 Transit Mixers at Kashimira Thane District, Maharashtra.
AB Infrabuild promoters – Mr Amit Bholanath Mishra
| AB Infrabuild – Upcoming IPO details | |
| Subscription Dates | 28 June – 3 July 2019 |
| IPO Price band | INR29 per share |
| Fresh issue | 4,428,000 shares (INR12.84 crore) |
| Offer for sale | Nil |
| Total IPO size | 4,428,000 shares (INR12.84 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
AB Infrabuild IPO: Use of funds
- Working capital requirements – INR11.30 crore
- General corporate purposes
- Issue Expenses
| AB Infrabuild’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | ||
| Total revenue | 87.29 | 90.85 | 75.16 | 73.99 | 61.09 | |
| Total expenses | 79.44 | 81.39 | 67.33 | 67.22 | 51.80 | |
| Profit after tax | 0.96 | 0.78 | 0.33 | 0.16 | 3.15 | |
AB Infrabuild Contact Details
AB Infrabuild Limited
104, Shubhangan CHS Ltd
Jawahar Nagar, Near Railway Crossing
Goregaon (West), Mumbai-400 062 Phone: +91 22 2871 2113/14
Email: [email protected]
Website: www.abinfrabuild.com
AB Infrabuild IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.11 |
| Day 2 | 0.24 |
| Day 3 | 0.28 |
| Day 4 | 0.92 |
AB Infrabuild Valuation (For FY2018)
Earnings Per Share (EPS): INR3.82
Price/Earnings (P/E) ratio: 7.59
Return on Net Worth (RONW): 28.14%
Net Asset Value (NAV): INR13.56 per share
Registrar of AB Infrabuild IPO
Bigshare Services Private Limited
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072 Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: [email protected]
Website: www.bigshareonline.com
AB Infrabuild IPO Allotment Status
AB Infrabuild IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of AB Infrabuild
IPO Opening Date: 28 June 2019
IPO Closing Date: 3 July 2019
Listing Date: 12 July 2019
Listing Price on NSE SME: INR29 per share (no change from IPO price)
Closing Price on NSE SME: INR29.15 per share (up 0.52% from IPO price)
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