IPO

Afcons Infrastructure Limited IPO

Mainboard

Offer Date: TBA - TBA

₹ NaN /N/A Shares

Afcons Infrastructure IPO Details

TBA

Open Date

TBA

Close Date

TBA

Allotment Date

TBA

Listing Date

Issue Price

₹N/A per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

Market Lot

N/A Shares (₹N/A/-)

Lead Manager

ICICI Securities Limited
Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
Jefferies India Private Limited
Nomura Financial Advisory And Securities (India) Pvt Ltd
Nuvama Wealth Management Limited
SBI Capital Markets Limited

Issue Size

Approx 7000 Crores

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP

Afcons Infrastructure Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Afcons Infrastructure Company Financials All values are in ₹ Cr.

31-Mar-2331-Mar-2231-Mar-21
Assets14,301.2512,973.7712,489.94
Revenue12,844.0911,269.559,521.12
Profit After Tax410.86357.61169.91

About The Company

Afcons Infrastructure Limited, the flagship engineering and construction arm of the prestigious Shapoorji Pallonji Group, brings over six decades of expertise in delivering a wide range of innovative and complex EPC projects. With a strong reputation for excellence, Afcons is recognized as one of India’s largest international infrastructure companies, according to the 2023 ENR Top International Contractors rankings.

The company operates in the various industries such as transportation, marine, oil & gas, and urban infrastructure. It has also earned its reputation across the world due to its landmark projects in Asia, Africa, and the Middle East. This indicates that the company is concerned with innovation, excellent engineering accuracy, and efficient operation.

Afcons, as a global business and high-class execution entity, makes its future in the infrastructure domain in India and other parts of the world.

Read More

Afcons Infrastructure - Strength and Weakness

Strength

Afcons Infrastructure has successfully completed 26 projects across 10 countries, with a total contract value of ₹255,041.42 million.

Globally recognized, Afcons is ranked 10th in marine and port facilities and 12th in bridges by the 2023 ENR rankings.

Afcons' diverse order book has grown from ₹262,484.65 million in 2021 to ₹348,883.91 million in 2023, reflecting strong financial and operational performance.

Afcons has consistently won the MIKE award from 2018 to 2023 for its project management and knowledge practices excellence.

Weakness

Afcons faces bidding risks; it won 6, 16, 16, and 12 projects in 2023, 2023, 2022, and 2021 respectively, and failed bids are non-recoverable.

Heavy reliance on government contracts, which constituted 68.42% of the order book as of September 30, 2023, exposes Afcons to policy and payment delays.

Capital intensity requires significant working capital; as of September 30, 2023, working capital loans stood at ₹13,904.47 million, impacting liquidity.

Afcons Infrastructure - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%

Company Promoter(s)

  1. Goswami Infratech Private Limited
  2. Shapoorji Pallonji and Company Private Limited
  3. Floreat Investments Private Limited

Afcons Infrastructure IPO - Issue Objectives

  1. Capital expenditure towards the purchase of construction equipment
  2. Funding long-term working capital requirements
  3. Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the company
  4. General corporate purposes

Other Details

Company Contact Details

Afcons Infrastructure

Afcons House, 16 Shah Industrial Estate, Veera Desai Road, Andheri (West), Mumbai,-400053

Phone: 022 67191214

Email: gaurang@afcons.com

Website: https://www.afcons.com/en

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: afconsinfrastructure.ipo@linkintime.co.in

Website: https://linkintime.co.in/initial_offer/public-issues.html

Afcons Infrastructure IPO - FAQs

Ans. Afcons Infrastructure Limited IPO is a Mainboard IPO. The issue is priced at ₹N/A per equity share. The minimum order quantity is N/A Shares. The IPO opens on TBA, and closes on TBA. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Afcons Infrastructure Limited IPO opens on TBA and closes on TBA.

Ans. The size of Afcons Infrastructure Limited IPO is Approx 7000 Crores.

Ans. The IPO price band is set between ₹N/A per equity share.

Ans. To apply for Afcons Infrastructure Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Afcons Infrastructure Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Afcons Infrastructure Limited IPO is TBA.

Ans. The Afcons Infrastructure Limited IPO will be listed on TBA.

Ans. Follow the steps to check the allotment status for Afcons Infrastructure Limited IPO here.