Active Infrastructures Limited is coming up with an IPO with a fresh issue of 43,00,200 shares worth INR 77.83 crores. The company aims to fund the working capital requirements, repay the existing borrowings, purchase construction equipment and meet general corporate purposes.
Active Infrastructures IPO – Important Dates
| Active Infrastructures Limited IPO Date | March 21, 2025 to March 25, 2025 |
| Active Infrastructures Limited IPO Listing Date | March 28, 2025 |
| Active Infrastructures Limited IPO Price | INR 178-181 per share |
| Active Infrastructures Limited IPO Lot Size | 600 shares |
| Active Infrastructures Limited IPO Total Issue Size | INR 77.83 crores |
| Active Infrastructures Limited IPO Basis of Allotment | March 26, 2025 |
| Active Infrastructures Limited IPO Initiation of Refunds | March 27, 2025 |
| Active Infrastructures Limited IPO Credit of Shares to Demat | March 27, 2025 |
| Active Infrastructures Limited IPO Issue Type | Book Built Issue IPO |
| Active Infrastructures Limited IPO Listing At | NSE SME |
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Active Infrastructures Limited IPO – Company Profile
The Company operates primarily in two key segments: Infrastructure and Construction of Commercial Projects. Within the Infrastructure segment, the company’s focus encompasses the construction of roads (including bridges), flyovers, water supply systems, irrigation projects, and other related infrastructure activities.
In the Construction of commercial projects segment, they build various spaces such as office complexes, retail centres, exhibition halls, retail outlets, private educational institutions, and other facilities.
The company operates on a pan-India scale, with its completed, ongoing and upcoming projects being in the states of Maharashtra, Madhya Pradesh, Uttar Pradesh and Tripura.
Active Infrastructure Ltd IPO Fundamental Analysis
Active Infrastructures Limited’s revenue growth, improved profitability, and stronger equity position. However, a decline in RoNW and EPS indicates potential concerns despite increased assets and reduced debt dependency.
- Revenue Trend: The revenue increased from ₹8,939.83 lakhs in March 2023 to ₹9,718.33 lakhs in March 2024. The revenue for the current year’s 6-month period ending September 2024 is INR 3,367.12 lakhs.
- Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating reduced reliance on debt financing.
- Profitability: The profit after tax (PAT) increased from ₹986.99 lakh in March 2023 to ₹1,044.67 lakh in March 2024, boosting investor confidence. The profit for the period ending September 2024 is ₹ 555.19 lakh.
- Earnings per Share (EPS): The diluted EPS reduced from ₹9.12 in March 2023 to ₹8.48 in March 2024, reflecting a decrease in earnings per share for investors. The diluted EPS for the period ending September 2024 is ₹4.35.
- Return on Net Worth (RoNW): The RoNW has reduced from 53.49% to 36.22%, indicating a decrease in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. However, the current ratio has increased, indicating strengthening liquidity and potential challenges in meeting short-term obligations.
Active Infrastructures IPO Financial Analysis
| Particular | As of 31 March 2023 | As of 31 March 2024 | As of 30 September 2024 |
| Revenue (₹ in lakhs) | 8,939.83 | 9,718.33 | 3,367.12 (not annualised) |
| Equity (₹ in lakhs) | 1,830.06 | 2,738.14 | 3,016.86 |
| Expenses (₹ in lakhs) | 7,639.23 | 8,336.89 | 2,743.04 |
| Profit and Loss After Tax (₹ in lakhs) | 986.99 | 1,044.67 | 555.19 (not annualised) |
| Diluted EPS only (₹) | 9.12 | 8.48 | 4.35 (not annualised) |
| Return on Net Worth (%) | 53.49 | 36.22 | 17.08 (not annualised) |
| NAV per Equity Share (₹) | 17.22 | 26.91 | 30.35 |
| Total Assets (in lakhs) | 9,870.44 | 10,758.02 | 9,716.08 |
| Total Liabilities (in lakhs) | 8,025.16 | 7,874.24 | 6,464.62 |
| Debt to Equity Ratio (in times) | 3.76 | 2.25 | 1.73 |
| Current Ratio (in times) | 1.20 | 1.06 | 1.14 |
| Inventory Turnover Ratio (in times) | 0.87 | 1.49 | 0.76 |
Active Infrastructures Limited IPO Peer Comparison
Active Infrastructures Limited, with a revenue of ₹9,718.33 lakh, has an RoNW of 36.22% but lacks a P/E ratio. AVP Infracon Limited leads in revenue (₹15,100.24 lakh) with a P/E of 25.70, while V.L. Infraprojects Limited has the highest RoNW (37.31%) and NAV per share (₹144.82).
| Company | Type | Revenue from Operations (₹ in lakhs) | Face Value per Equity Share (₹) | P/E Ratio | EPS (₹)(Basic & Diluted) | RoNW (%) | NAV per Equity Share (₹) |
| Active Infrastructures Limited | Consolidated | 9,718.33 | 5 | NA | 8.48 | 36.22 | 26.91 |
| AVP Infracon Limited | Standalone | 15,100.24 | 10 | 25.70 | 7.32 | 19.65 | 37.26 |
| V.L. Infraprojects Limited | Consolidated | 11,393.16 | 10 | 6.95 | 6.63 | 37.31 | 144.82 |
Active Infrastructure Ltd IPO Objective
Active Infrastructures Limited plans to utilise INR 38.98 crores for working capital, INR 16.72 crores to repay borrowings, INR 7.04 crores for construction equipment, and the remaining funds for general corporate purposes, including strategic initiatives and business expansion.
- Funding working capital requirements: The business of the company is working capital intensive. The company intends to utilise INR 38.98 crores from Net Proceeds to meet its working capital requirement.
- Repay borrowings of the company: The company plans to repay either in full or part of the existing borrowings. The company plans to utilise INR 16.72 crores from Net Proceeds for the said purpose.
- Purchase of Construction Equipment: On an ongoing basis, the company invests in procuring construction equipment. The company plans to invest INR 7.04 crores for the said purpose.
- General Corporate Purpose: The company will deploy the remaining amount for general corporate purposes, including strategic initiatives, partnerships, acquisitions, branding, marketing, facility upgrades, client referrals, and other business needs.
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Active Infrastructures IPO Risks And Challenges
Active Infrastructures Limited derives its entire revenue from Maharashtra, Uttar Pradesh, and Madhya Pradesh, making it vulnerable to regional risks. Project terminations and labour shortages may adversely impact business operations, financial stability, and growth prospects.
- The entire revenue stream is derived from activities from the states of Maharashtra, Uttar Pradesh and Madhya Pradesh. Any adverse development affecting the operations in these regions could have an adverse impact on the business.
- If any of the projects is terminated prematurely, the company may not receive payments due to us, which could adversely affect the business.
- The company’s activities are labour-intensive and depend on the availability of skilled and unskilled labourers in large numbers. In case of unavailability of such labourers and/or inability to retain such personnel or occurrence of any work stoppages, the business operations could be affected.
Active Infrastructure Ltd IPO – Industry & Market Potential
India’s construction industry, the second-largest employer in the country, is expected to maintain its upward trajectory for several years. The Indian construction market is highly competitive, owing to the presence of major local and international players. The infrastructure sector has become the biggest focus area for the Government of India.
The size of India’s Construction market is around USD 639 billion in the current year and is anticipated to register a Compound Annual Growth Rate (“CAGR”) of over 6% during the forecast period. It is the fourth-largest construction market in the world, after the US, China and Japan.
Active Infrastructures Limited IPO – Type of Offer
Active Infrastructures Limited’s IPO comprises a fresh issue of 43,00,200 shares worth INR 77.83 crores. The company plans to utilise the proceeds for working capital, debt repayment, construction equipment purchases, and general corporate purposes.
Active Infrastructures IPO Offer Size
The offer size of Active Infrastructures Limited’s IPO is 43,00,200 fresh shares worth INR 77.83 crores. The company plans to utilise the proceeds for working capital, debt repayment, construction equipment purchases, and general corporate purposes.
Active Infrastructures Limited IPO Allotment Structure
Active Infrastructures Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 2,16,000 shares are reserved for market makers.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
● Market Maker Reservation: A portion of shares, i.e. 2,16,000 shares, are reserved for market makers.
How to apply for the Active Infrastructures IPO?
To apply for the Active Infrastructures Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Active Infrastructures Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Active Infrastructures Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Active Infrastructures IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Active Infrastructures Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Active Infrastructures Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Active Infrastructures Limited IPO:
● Registrar’s Website: Visit the website of Bigshare Services Private Limited, the registrar of the Active Infrastructures Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● NSE SME: You can also check the allotment status on the official websites of the National Stock Exchange’s (NSE) Small Medium Exchange (SME) Platform. You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Active Infrastructures Ltd IPO Offer Registrar
The registrar for the Active Infrastructures Limited IPO is Bigshare Services Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road,
Andheri East, Mumbai- 400093,
Maharashtra, India
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.co
Active Infrastructures SME IPO – FAQs
The allotment date of the Active Infrastructures is March 26, 2025.
The price band of the issue is INR 178-181 per share.
The offer size of Active Infrastructures Limited’s IPO is 43,00,200 fresh shares worth INR 77.83 crores. The company plans to utilise the proceeds for working capital, debt repayment, construction equipment purchases, and general corporate purposes.
The listing date of the Active Infrastructures is March 28, 2025.
Active Infrastructures is getting listed on the National Stock Exchange (NSE)’s Small Medium Exchange (SME) Platform.
The open and close dates of the Active Infrastructures are March 21, 2025 and March 25, 2025.
To apply for the Active Infrastructures Limited IPO via Alice Blue, open a Demat account, check IPO details, place a bid, and submit your application. After allotment, check your status, as share allocation depends on demand and is not guaranteed.
The Book Runner for Active Infrastructures is Kreo Capital Private Limited.
