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Afcons Infrastructure Limited IPO Shares Allocation Date Revealed; Find the Details

Afcons Infrastructure Limited IPO allotment is set for October 30, 2024, with shares priced at ₹440 - ₹463 per share. The offering allows bidding for lots of 32 shares or multiples thereof.
Afcons Infrastructure Limited IPO Shares Allocation Date Revealed; Find the Details

Afcons Infrastructure Limited IPO Allotment Status 

The allotment date for the Afcons Infrastructure Limited IPO is set for October 30, 2024, with shares priced at a range from ₹440 to ₹463 per share and a face value of ₹10. The offering consists of lots of 32 shares, with bids accepted for these lots or their multiples.

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Afcons Infrastructure Limited IPO Allotment Status Check 

To ascertain their allocation status for the Afcons Infrastructure Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Link Intime India Private Ltd.

IPO Allotment Status BSE 

Here are steps to check Afcons Infrastructure Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Afcons Infrastructure Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Step 1: Visit IPO registrar website – Link Intime India Private Ltd

Step 2: Select ‘Afcons Infrastructure Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Afcons Infrastructure Limited IPO allotment status will be reflected on the screen.

Afcons Infrastructure Limited IPO GMP Today

Afcons Infrastructure Limited IPO GMP (Grey Market Premium) is ₹23 as of October 29, 2024.

Afcons Infrastructure Limited IPO Subscription Status 

Afcons Infrastructure Limited IPO experienced good demand on Day 2, with a 0.36 times subscription. This indicates significant investor interest and confidence in the company’s future and positive market sentiment.

Afcons Infrastructure Limited IPO Details

The Afcons Infrastructure IPO is a book-built issue worth Rs 5,430 crores, consisting of a fresh issue of 2.7 crore shares totaling Rs 1,250 crores and an offer for sale of 9.03 crore shares amounting to Rs 4,180 crores. .

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Open from October 25 to October 29, 2024, the allotment is on October 30, with a listing scheduled for November 4. The book-running lead managers for the Afcons Infrastructure IPO are ICICI Securities, Dam Capital Advisors, Jefferies India, Nomura Financial Advisory, Nuvama Wealth Management, and SBI Capital Markets. Link Intime India is the issue’s registrar.

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