URL copied to clipboard

Trending News

Afcons Infrastructure IPO GMP: Key Insights You Can’t Afford to Miss

Afcons Infrastructure Limited IPO offers shares at ₹440 to ₹463, with a ₹75 Grey Market Premium. Available in 32 share lots, the subscription runs from October 25 to October 29, 2024.
Afcons Infrastructure IPO GMP: Key Insights You Can’t Afford to Miss

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.

Alice Blue Image

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.

Alice Blue Image

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!

Loading
Read More News