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Afcons Infrastructure IPO Gains Momentum with 0.36x Subscription by Day 2 – Learn More Inside! 

Afcons Infrastructure IPO soared with tepid demand on day 2, achieving total subscription of 0.36x, Qualified Institutional Buyers at 0.08x, Non-Institutional Investors at 0.72x, and Retail Individual Investors at 0.36x.
Afcons Infrastructure IPO Gains Momentum with 0.36x Subscription by Day 2 – Learn More Inside! 

Afcons Infrastructure Limited IPO saw modest demand on its second day, reaching an overall subscription rate of only 0.36 times. This restrained response was mainly due to Qualified Institutional Buyers at 0.08x, Non-Institutional Investors at 0.72x, Retail Individual Investors at 0.36x, and Employees at 1.01x, highlighting a cautious approach from investors.

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Afcons Infrastructure Limited IPO Subscription Status

Afcons Infrastructure Limited IPO had a modest start on Day 1 with a 0.10x subscription but gradually gained traction, reflecting solid investor confidence and a positive response from the market.

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.

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Afcons Infrastructure Limited IPO Listing Date 

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

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