Active Infrastructures IPO allotment: How to check allotment status on NSE, Bigshare Services

Active Infrastructures IPO allotment status is expected to be finalised on Wednesday, March 26. Investors can visit the websites of Bigshare Services and NSE to check bid finalisation details.

The issue was subscribed 1.05 times. The non-institutional investors (NIIs) portion was subscribed 1.66 times, while the qualified institutional buyers (QIBs) part was booked 1 times. Retail investors' quota has been subscribed 57%.

How to check Active Infrastructures IPO allotment status on NSE

• Go to the bid status page of NSE: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Choose ‘Active Infrastructures Ltd’ under the symbol ‘ACTIVEINFR’
• Enter your PAN card details and application number.
• Click on the 'submit' button

How to check Active Infrastructures IPO allotment status on Bigshare Services

• Visit Bigshare Services' allotment status page: https://www.bigshareonline.com/ipo_allotment.html
• From three server links, click any one
• Pick ‘Active Infrastructures’ from IPO names
• Fill in either your PAN, DP ID, application number, or account number
• Click on submit

Active Infrastructures IPO: Key details

• The ₹77.83 crore initial share sale was exclusively a fresh issue of 43 lakh shares.
• The money generated will be used for working capital requirements, repayment of debt, capital expenditure to buy construction equipment, general corporate purposes, and to meet issue expenses.
• The price band was fixed at ₹178 to ₹181 per share.
• The minimum investment limit for retail investors is ₹1,06,800 for 600 shares.
• The basis of allotment will be finalised on March 26.
• The listing on the NSE SME platform Emerge will occur on March 28.
• Kreo Capital Pvt Ltd is the IPO's book-running lead manager, while Bigshare Services is the registrar.

Active Infrastructures is a civil construction company, specialising in commercial project construction and infrastructure development.

Promoters Shreyas Sunil RaisonI, Sunil Gyanchand RaisonI, Riaan Diagnostic Pvt Ltd, and Shradha Infraprojects Ltd hold a 99.99% stake in the company, which will be reduced to 71.36% post-issue.