Afcons Infrastructure IPO Kicks Off with 0.10x Subscription on Day 1 – Get the Inside Scoop! Afcons Infrastructure IPO Kicks Off with 0.10x Subscription on Day 1 – Get the Inside Scoop! 

cons Infrastructure Limited IPO kicked off with subdued demand on the first day, achieving an overall subscription rate of just 0.10 times. This lukewarm response was primarily due to Qualified Institutional Buyers at 0.01x, Non-Institutional Investors at 0.11x, Retail Individual Investors at 0.14x, and Employees at 0.38x, reflecting cautious investor sentiment.

How to check Afcons Infrastructure IPO Subscription Status?

Steps to check Afcons Infrastructure Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Afcons Infrastructure Limited IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Afcons Infrastructure Limited IPO Allotment Status

The allotment date for the Afcons Infrastructure Limited IPO is set for October 30, with shares priced from ₹440 to ₹463 per share and a face value of ₹10. The offering consists of lots of 32 shares, with bids accepted for these lots or their multiples.

Afcons Infrastructure Limited IPO Listing Date 

Afcons Infrastructure IPO Limited IPO is expected to be listed on the NSE SME on November 4, 2024.