Afcons Infrastructure IPO

Afcons Infrastructure's ₹5,430 crore IPO includes a ₹1,250 crore fresh issue and ₹4,180 crore OFS to fund equipment, working capital, debt repayment, and corporate needs.

Important Details

Open Date : October 25, 2024 Close Date : October 29, 2024 Allotment Date: October 30, 2024 Listing Date: November 4, 2024

Important Details

IPO Price: INR 440-463 per share Lot Size: 32 Shares Total Issue Size: INR 5430 crores

Fundamental Analysis

Afcons Infrastructure IPO shows mixed performance: 1. Afcons Infrastructure shows stable growth and good returns. 2. Rising liabilities and debt-equity ratio need monitoring. 3. Moderate profitability and asset growth offer balanced investment potential.

Peer Comparison

1. Afcons, L&T, KEC, KPIL, and Dilip Buildcon show varied performance. 2. L&T leads in revenue and NAV. 3. Dilip Buildcon struggles with negative EPS and P/E ratio.

Objective

Afcons Infrastructure IPO Objective: 1. Afcons Infrastructure will use ₹150 crores for equipment, ₹350 crores for working capital, and ₹500 crores for loan repayment. 2. Remaining funds will cover general corporate purposes.

Risks And Challenges

Afcons Infrastructure IPO Risks: 1. Afcons Infrastructure relies on government projects and faces cost overrun risks. 2. Dependence on contract labor adds further risk. 3. Issues in these areas could impact finances and operations.