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IPO Synopsis

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Afcons Infrastructure Ltd
Registered Office: Afcons House 16 Shah Ind.Este,Veera Desai Rd Andheri (West) , Mumbai - 400053 , Maharashtra , India.
Phone : 022-6719 1214
Fax :
Email :  gaurang@afcons.com  
Website :  www.afcons.com
Initial public offering of up to 117,278,618 equity shares of face value of Rs. 10 each ("Equity Shares") of Afcons Infrastructure Limited (the "Company" or the "Issuer") for cash at a price of Rs. 463 per equity share of face value of Rs. 10 each (including a share premium of Rs. 453 per equity share) ("Offer Price") aggregating up to Rs. 5430.00 crores (the "Offer") comprising a fresh issue of up to 26,997,840 equity shares of face value of Rs. 10 each aggregating up to Rs. 1250.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 90,280,778 equity shares of face value of Rs. 10 each aggregating up to Rs. 4180.00 crores by Goswami Infratech Private Limited (the "Offer for Sale"). This offer includes a reservation of up to [*] equity shares of face value of Rs. 10 each, aggregating up to Rs. 25.00 crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible employees (as defined hereinafter) ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The company in consultation with the brlms, may offer a discount of up to Rs. [*] to the offer price (equivalent of Rs. [*] per equity share of face value of Rs. 10 each) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. Issue Price is Rs. 463 per equity share of Rs. 10 each. The Floor price is 46.30 times the face value of the equity shares. Bid can be made for a minimum of 32 equity shares and in multiples of 32 equity shares. A discount of Rs. 44 equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opened On Closed On Offer Price Application
25-Oct-24 29-Oct-24 ₹  463.00 ₹  463.00
Minimum Application for shares in Nos :32  Further Multiples of :32

  Lead Managers to the Issue
Project Cost ₹   0.00 Cr
DAM Capital Advisors Ltd
ICICI Securities Ltd
Jefferies India Pvt Ltd
Nomura Financial Advisory and Securities (I) P Ltd
Nuvama Wealth Management Ltd
SBI Capital Markets Ltd
Project Financed through Current Offer ₹   5430.00 Cr  
Post Issue Equity Share Capital ₹   367.74 Cr  
Face Value ₹   10  
 
Projects
Capital expenditure towards purchase of construction equipmentsPrepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the company
Funding long term working capital requirementsGeneral corporate purposes
Promoted By
Goswami Infratech Pvt Ltd  
Shapoorji Pallonji and Company  
Floreat Investments Pvt Ltd  
Listing At
BSE 
NSE 
Registrar to the Issue
No Data Found.
 
Basis of Allotment
Category Issue Price
(  )
No. of Applications No. of Equity
Shares Applied
Amount
(  )
No. of times Subscribed Shares Reserved No. of Shares Allotted
Retail Ind Investors (RIIs)   0   0   0   0.00   0   0   0  
Non Inst. Investors (NIIs)   0   0   0   0.00   0   0   0  
Qualified Inst Buyers (QIBs)   0   0   0   0.00   0   0   0  
Employees   0   0   0   0.00   0   0   0  
Existing Shareholders   0   0   0   0.00   0   0   0  
Anchor Investors   0   0   0   0.00   0   0   0  
Market Maker   0   0   0   0.00   0   0   0  
Non-Retail Investors   0   0   0   0.00   0   0   0  
Underwriter Devolvement   0   0   0   0.00   0   0   0  
Total   0   0   0   0.00   0   0   0