Afcons Infrastructure IPO

Afcons Infrastructure Ltd

₹14,080 /32 sharesMinimum Investment

Afcons Infrastructure IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
25 Oct ‘24 - 29 Oct ‘24₹14,08032₹440 - ₹463
Issue SizeIPO Doc
5430.00Cr
RHP PDF

About Afcons Infrastructure

Afcons Infrastructure is an engineering and construction company from the Shapoorji Pallonji Group. The company operates across five key infrastructure sectors. The marine and industrial segment handles projects related to ports and harbour jetties, dry docks, wet basins, breakwaters, outfall and intake structures, liquefied natural gas tanks, and material handling systems. The surface transport division focuses on highways, roads, interchanges, mining infrastructure, and railways. In the urban infrastructure sector, Afcons works on elevated and underground metro systems, bridges, flyovers, and elevated corridors. The hydro and underground segment includes projects such as dams, barrages, tunnels (including large road tunnels), underground works, and water irrigation systems. Lastly, in the oil and gas sector, the company is involved in both offshore and onshore oil and gas projects.;
Founded in
1961
Managing director
Mr. Paramasivan Srinivasan
Parent organisation
Afcons Infrastructure Ltd

Strengths & Financials of Afcons Infrastructure

Strengths
Risks
As of June 30, 2024, Afcons Infrastructure had 65 active projects in 12 countries, with a total order book of Rs 31,747 crore, and has completed over 79 projects in 17 countries.
The company has significantly expanded its global footprint, particularly in Asia, Africa, and the Middle East.
Afcons claims to have a fleet of equipment, which includes heavy machinery and tools. As of June 30, 2024, this equipment base featured 11 marine barges, 153 cranes, 16 tunnel boring machines, eight large-capacity jackups, and 21 piling rigs.
The company also claims to be committed to integrating environmental, social, and governance (ESG) principles into its operations. In FY24, Afcons reduced its total energy consumption to 2.42 million gigajoules, down from 2.70 million gigajoules in the previous year. Additionally, Afcons recycled over 27% of the wastewater generated at its project sites during FY24.
The company has worked on projects like the Atal Tunnel, the Delhi-Meerut regional rapid transit system, the Delhi metro phase IV projects, and the second liquid cargo berth at Dahej, Gujarat, for Gujarat Chemical Port Limited.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 11,018.97 crore in FY22 to Rs 12,637.38 crore in FY23 to Rs 13,267.49 crore in FY24, while PAT increased from Rs 357.60 crore in FY22 to Rs 410.86 crore in FY23 to Rs 449.74 crore in FY24.

Afcons Infrastructure Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Afcons Infrastructure IPO

Apply asPrice bandApply upto
Regular440 - 463₹2 Lakh
Employee396 - 419₹2 Lakh
High Networth Individual440 - 463₹2 - 5 Lakh
For Afcons Infrastructure IPO, eligible investors can apply as Regular & Employee.
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