Afcons Infrastructure Share Price Live Update at 3:33 pm: Afcons Infrastructure Limited shares settled 10.94% higher at ₹472.60 apiece on the NSE after listing at a discount of 7.9% to the issue price of ₹463 apiece.
Afcons Infrastructure Share Price Live Update at 3:09 pm: Afcons Infrastructure shares are up 11.3% at ₹474.2 a unit on the NSE. On the BSE, the scrip is up 10.2% to ₹474.3.
Afcons Infrastructure Share Price Live Update at 2:28 pm: The market capitalisation of Afcons Infrastructure Ltd. stands at ₹17,398 crore, as the stock is up 11% on the NSE.
Afcons Infrastructure Share Price Live Update at 2:03 pm: Shares of Afcons Infrastructure are trading 10.9% higher at ₹472.4 apiece on the NSE.
Afcons Infrastructure Share Price Live Update at 1:27 pm: Price information
- Current price: ₹470.6 (+10.4%)
- Issue price: ₹463
- Open: ₹426
- High: ₹474.7
- Low: ₹420.25
Afcons Infrastructure Share Price Live Update at 1:07 pm: How will the company use IPO proceeds?
- Long-term working capital requirements
- Purchase construction equipment
- Clear debt
- General corporate purposes
Afcons Infrastructure Share Price Live Update at 12:11 pm: Shares of Shapoorji Pallonji Group's flagship infrastructure engineering and construction firm are trading 8.9% higher at ₹463.9 apiece on the NSE.
Afcons Infrastructure Share Price Live Update at 11:50 am: Price information
- Current price: ₹460.4 (+8.08%)
- Issue price: ₹463
- Open: ₹426
- High: ₹462.3
- Low: ₹420.25
Afcons Infrastructure Share Price Live Update at 11:36 am: Trading stats
- Traded volume: 391.89 lakh
- Traded value: ₹1,728.95 crore
- Total market capitalisation: ₹16,949.35 crore
Afcons Infrastructure Share Price Live Update at 11:20 am: While NIFTY50 is down 2%, the infrastructure company stock is up 7.72% to ₹458.9 apiece after listing at discount.
Afcons Infrastructure Share Price Live Update at 10:50 am: The stock has gained 6.9% to ₹455.6 apiece on the NSE.
Afcons Infrastructure Share Price Live Update at 10:25 am: The market capitalisation of
Afcons Infrastructure Ltd stands at ₹16,701.10 crore as shares are up 6.6% on the NSE.
Afcons Infrastructure Share Price Live Update at 10:16 am: The stock is up 5.79% to ₹450.6 a unit on the NSE after listing at a discount of 7.99%.
Afcons Infrastructure Share Price Live Update at 10:04 am: After listing at a 7.9% discount on the NSE, shares of
Afcons Infrastructure were trading 3.8% higher at ₹442.5 apiece.
Afcons Infrastructure Share Price Live Update at 9:55 am: The stock debuted at a discount of 7.12% at ₹430 on the BSE.
Afcons Infrastructure Share Price Live Update at 9:50 am: Afcons Infrastructure listed at ₹426 a unit on the National Stock Exchange (NSE) on Monday, a discount of 7.99% to the issue price of ₹463 apiece.
Afcons Infrastructure IPO Listing Live Update at 9:23 am: Afcons Infrastructure shares will be listed on the NSE and the BSE on Monday, November 4, at 10 am.
Afcons Infrastructure IPO Listing Live Update at 9:10 am: Who are the book-running lead managers for the IPO?
DAM Capital Advisors Ltd, ICICI Securities Ltd, SBI Capital Markets Ltd, Nomura Financial Advisory and Securities (India) Pvt Ltd, Jefferies India Pvt Ltd, Nuvama Wealth Management Ltd are the book-running lead managers to the issue.
Afcons Infrastructure IPO Listing Live Update at 9:04 am: Financials
| Particulars | FY22 | FY23 | FY24 |
|---|
| Revenue | ₹11,018 cr | ₹12,637 cr | ₹13,267 cr |
| Net Profit | ₹357 cr | ₹410 cr | ₹449 cr |
Afcons Infrastructure IPO Listing LIVE: Shares of
Afcons Infrastructure Limited will be listed on the BSE and the BSE on Monday, November 4, 2024.
During the October 25-October 29 subscription window, the initial share sale, with a price band of ₹440-₹463 per share, of the Shapoorji Pallonji Group company was subscribed 2.63 times.
Non-institutional investors, or NIIs, subscribed the most, 5.05 times, followed by qualified institutional buyers (QIBs) 3.79 times and retail investors, 94%.
The public offer was a mix of a fresh issuance of shares valued at ₹1,250 crore and an offer-for-sale component of ₹4,180 crore.
The net proceeds from the fresh issue will be used to purchase construction equipment, repay debt, working capital requirements and general corporate purposes.
Afcons Infrastructure IPO listing date and time
Shares of Afcons Infrastructure will be listed on the stock exchanges—the NSE and the BSE—on Monday, November 4, at 10 am.
