Afcons Infrastructure Limited IPO gained traction on day three, achieving an overall subscription rate of 2.63 times. This was fueled by strong interest from Qualified Institutional Buyers at 3.79x and Non-Institutional Investors at 5.05x, while Retail Individual Investors lagged at 0.94x. Employees showed a modest response at 1.67x, highlighting a cautious investor sentiment.
Afcons Infrastructure Limited IPO Subscription Status
Afcons Infrastructure Limited IPO had a modest start on Day 2 with a 0.36x 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.
Afcons Infrastructure Limited IPO Listing Date
Afcons Infrastructure IPO Limited IPO is expected to be listed on the NSE SME on November 4, 2024.