Afcons Infrastructure IPO has a ₹75 Grey Market Premium as of October 24, 2024, with a price range of ₹440 to ₹463 per share. Offering lots of 32 shares, the subscription window is open from October 25 to October 29, 2024.
Afcons Infrastructure Limited IPO GMP Today
The Grey Market Premium (GMP) for Afcons Infrastructure Limited is ₹75 as of October 24, 2024. This assessment coincides with the IPO price of ₹440 to ₹463 per share.
Afcons Infrastructure Limited IPO Review
Afcons Infrastructure Ltd has seen steady financial growth, with revenue increasing from ₹110,189.66 million in March 2022 to ₹126,373.82 million by March 2023. The company’s profit after tax also rose from ₹3,576.05 million to ₹4,108.60 million in the same period, indicating robust profitability.
However, liabilities have expanded from ₹102,709.67 million to ₹128,235.65 million by September 2023, alongside a debt-equity ratio increase from 0.38 to 0.64. These figures suggest a growing financial risk that needs monitoring as the company progresses.
To get a full IPO review, click here Afcons Infrastructure IPO
Afcons Infrastructure Limited IPO Date
Afcons Infrastructure Limited will start accepting subscriptions from October 25 to October 29, 2024.
Afcons Infrastructure Limited IPO Price
Afcons Infrastructure Limited’s price range is at ₹440 to ₹463 per share with a face value of ₹10 each.
Afcons Infrastructure Limited
Afcon Infrastructure is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji group, a diversified Indian conglomerate with over six decades of legacy. The company has a strong track record of executing numerous complex, challenging, and unique EPC projects in India and internationally.
How To Apply For Afcons Infrastructure Limited IPO?
To apply for the Afcons Infrastructure Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Afcons Infrastructure Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Afcons Infrastructure Limited IPO at Alice Blue in just a few clicks!