Active Infrastructures IPO: Check Offer Size, Price Band, GMP, Subscription And More

The initial public offering of Active Infrastructures Ltd. opened for subscription on Friday. The civil construction company is looking to raise nearly Rs 78 crore through the public offer of shares. Active Infrastructures specialises in infrastructure development and commercial projects. Those looking to bid in the NSE SME IPO must check out these key details before making an investment call. 

Active Infrastructures IPO is a book-built issue comprising a fresh issue of 43 lakh shares offered at a price band of Rs 178 to Rs 181 apiece. The IPO issue size is valued at Rs 77.83 crore at the upper price band. 

Active Infrastructures Ltd. has reserved 50% of the net offer size for qualified institutional buyers, 35% for retail investors and 15% for non-institutional investors. 

Retail investors can bid for shares in Active Infrastructures IPO with a minimum lot size of 600 shares, totalling an investment of Rs 1,08,600

The subscription window for the SME IPO will be open until March 25. Share allotment in the offer will be finalised on Mar. 26. Refunds for non-allottees will then be initiated, and shares will be credited to the demat account of successful bidders on Mar. 27.

Shares of Active Infrastructures Ltd. are proposed to be listed on the NSE SME platform on Mar. 28.

Kreo Capital Private Limited is the book-running lead manager of the Active Infrastructures IPO. Bigshare Services Pvt. is the registrar and Badjate Stock And Shares Pvt. is the market maker for the IPO.

*The subscription status will be updated soon

As per InvestorGain, GMP for the Active Infrastructures IPO stood at Rs 0 as of 8:10 a.m. on Mar. 21. This means that the IPO could potentially see a flat listing.

Note: GMP is not an official source of data. It is based on speculation.

Active Infrastructures Business and Financials

Active Infrastructures Ltd. is a civil construction company that develops infrastructure and commercial projects. It is an expert in building roads, bridges, water supply systems, and commercial spaces such as office areas and retail stores.

Use of Proceeds

Active Infrastructures Ltd. has proposed to use the net proceeds from the IPO to fund its working capital requirements, repay borrowings and purchase construction equipment. A portion of the money will also be used for general corporate purposes. 

Financials

Active Infrastructures Ltd.’s revenue increased from Rs 89.4 crore in FY23 to Rs 97.18 crore in FY24. Profit after tax (PAT) rose from Rs 9.87 crore in FY23 to Rs 10.44 crore in FY24. For the first half of FY25, the company posted a revenue of  Rs 33.67 crore along with Rs 5.55 crore profit.