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Afcons Infrastructure IPO

Open 25th Oct 2024 · Close 29th Oct 2024 · Listing 4th Nov 2024

Price Band₹440.00–₹463.00
Live GMP₹15.00
Subscription2.77×
Issue Size₹5,430.00 Cr
Allotment30th Oct 2024

IPO Objectives

Afcons Infrastructure IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Capital expenditure towards purchase of construction equipments₹80.00 Cr
2Funding long term working capital requirements₹320.00 Cr
3Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the Company₹600.00 Cr
4General corporate purposes₹206.12 Cr
5Issue Expenses₹190.32 Cr
6Total₹1,396.44 Cr