Afcons Infrastructure Limited IPO
Afcons Infrastructure Limited was a mainboard IPO, offered at ₹440–₹463 per share to raise ₹5,430 crore. The issue was subscribed 2.63× overall (QIBs 3.79×, NIIs 5.05×, retail 0.94×). It listed on 4 Nov 2024 and closed its first day at ₹474, a listing gain of +2.4% versus the ₹463 issue price. It now trades around ₹206 (-55.5% versus the issue price).
Frequently asked questions
- How many times was the Afcons Infrastructure Limited IPO subscribed?
- The Afcons Infrastructure Limited IPO was subscribed 2.63× overall — 3.79× in the QIB category, 5.05× among non-institutional investors, 0.94× in retail.
- What were the Afcons Infrastructure Limited IPO listing gains?
- Afcons Infrastructure Limited listed on 4 Nov 2024, closing its first day at ₹474 — a listing gain of +2.4% versus the ₹463 issue price.
- What were the retail allotment odds for the Afcons Infrastructure Limited IPO?
- Retail was subscribed 0.94×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 31 Oct 2024.
- What was the price band and lot size of the Afcons Infrastructure Limited IPO?
- The price band was ₹440–₹463 per share, with a minimum lot of 32 shares (₹14,816 at the upper band).
- Who were the registrar and lead manager for the Afcons Infrastructure Limited IPO?
- Link Intime India Private Limited was the registrar to the issue.