Active Infrastructures Ltd. was incorporated on September 26, 2007. The company operates in two main segments: Infrastructure and Commercial Construction. The Infrastructure segment includes roads, bridges, flyovers, water supply systems, and irrigation projects. The Commercial Construction segment involves office complexes, retail centres, exhibition halls, private educational institutions, and other facilities
| Bidding Dates |
|---|
| 21 Mar 2025 - 25 Mar 2025 |
| Subscription |
|---|
| 1.05x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,06,800 | 1 | 1 | 600 | 4.3 M | ₹178 - ₹181 | 71.36 % | ₹765.4 M - ₹778.3 M | RHP DOC |
Active Infrastructures IPO SUBSCRIPTION STATUS
25 Mar '25Active Infrastructures IPO overall subscription rate was 1.05 times the total available shares
Active Infrastructures IPO retail subscription rate was 0.83 times in the retail segment
Active Infrastructures IPO non-institutional investor subscription rate was 4.81 times in the non-institutional investor category
Active Infrastructures IPO Qualified Institutional Bidder subscription rate was 0.08 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
25 Mar 2025 (Day 3) | 0.83x | 4.81x | 0.08x |
24 Mar 2025 (Day 2) | 0.56x | 1.11x | 0.58x |
21 Mar 2025 (Day 1) | 0.24x | 0.42x | 0.08x |
Active Infrastructures FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 55.5 | 336.7 | 129.3 | 115.3 | 24.3% |
| FY24 | 104.5 | 971.8 | 318.8 | 52.7 | 17.8% |
| FY23 | 98.7 | 894.0 | 182.2 | 107.8 | 14.6% |
| FY22 | 0.9 | 11.0 | -24.9 | -27.1 | 9.8% |
Active Infrastructures IPO SUBSCRIPTION STATUS DETAILS
Active Infrastructures had 4.3 M shares on offer
Active Infrastructures IPO offer price was in the range ₹178 - ₹181
Active Infrastructures IPO minimum Investment was ₹106800
Active Infrastructures IPO issue size was ₹ 765.4 M - ₹ 778.3 M
Active Infrastructures had a minimum lot size of 600 Shares per application
Active Infrastructures NUMBER OF SHARES ON OFFER
Active Infrastructures IPO IMPORTANT DATES
| Issue Open Date | 21 Mar 2025 |
| Issue close Date | 25 Mar 2025 |
| Allotment Date | 26 Mar 2025 |
| Refund Date | 27 Mar 2025 |
| Demat Account Credit Date | 27 Mar 2025 |
| Listing Date | 28 Mar 2025 |
| Listing on Exchange(s) | NSE |
| Active Infrastructures Allotment Status | Exchange/ Registrar |
Active Infrastructures IPO subscription opened on 21 Mar 2025, and closed on 25 Mar 2025
IPO allotment for Active Infrastructures was finalized on Wednesday, 26 Mar 2025
IPO listing for Active Infrastructures was on NSE on Friday, 28 Mar 2025
Active Infrastructures IPO LISTING GAINS
| Issue Price (adjusted) | 181.0 |
| Listing Open Price | 181.0 |
| Listing Close Price | 175.6 |
| Listing Gain% | 0.0% |
| Current Gain% | -5.5% |
Active Infrastructures Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Active Infrastructures Ltd. | 171 | 256.8 | 25.1 | 3.2 | 2.5 | 8.5 | 4.3 | 101.6 | 12.2 | 10.2 | 7.9 | 6.8 | 7.9 |
| Larsen & Toubro Ltd. | 4056 | 570643.6 | 34.4 | 7.6 | 2 | 14.7 | 3.6 | 291635 | 12.2 | 16084 | 7 | 117.9 | 4.5 |
| GMR Airports Ltd. | 107.2 | 113192.2 | 645 | 4.5 | 7.6 | -7.1 | 0.3 | 15200.8 | 40.3 | 175.5 | 144.7 | 0.2 | 144.7 |
| Rail Vikas Nigam Ltd. | 233.4 | 48660.2 | 55.6 | -1.8 | 2.4 | 8.9 | 4 | 21187.4 | 1.3 | 874.7 | -31.7 | 4.2 | -31.7 |
| NBCC (India) Ltd. | 95.3 | 25739.1 | 35.7 | 1.1 | 2 | 23.9 | 4.4 | 13195.9 | 7.5 | 720 | 33.1 | 2.7 | 33.1 |
| Kalpataru Projects International Ltd. | 1317.2 | 22494.2 | 21.6 | 0.3 | 0.8 | 13.4 | 3.8 | 27247.9 | 21.8 | 1040 | 77.6 | 60.9 | 77.5 |
Active Infrastructures INFORMATION ON IPO ISSUE
About Active Infrastructures
Active Infrastructures Ltd. was incorporated on September 26, 2007. The company operates in two main segments: Infrastructure and Commercial Construction. The Infrastructure segment includes roads, bridges, flyovers, water supply systems, and irrigation projects. The Commercial Construction segment involves office complexes, retail centres, exhibition halls, private educational institutions, and other facilities
Object of the Issue
- Funding working capital requirements of the company
- Repayment/ prepayment of certain borrowings availed by the company and margin money for obtaining bank guarantee
- Capital expenditure towards the purchase of construction equipment
- General corporate purposes
- To meet the issue expenses
Active Infrastructures - PROMOTERS
| Name |
|---|
| Sunil Gyanchand Raisoni |
| Shreyas Sunil Raisoni |
| Shradha Infraprojects Limited |
Active Infrastructures Lead Manager to the Issue
Kreo Capital Private Limited
office@kreocapital.com
Active Infrastructures Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Active Infrastructures Strengths
Quality
The company is committed to delivering high-quality infrastructure and commercial construction projects. By adhering to strict quality standards, using the right materials, and implementing safe structural designs, it ensures excellence. These efforts provide a competitive edge and foster strong client goodwill
Utilization of resources
The company focuses on enhancing execution processes, upgrading employee skills, and modernizing equipment to optimize resource utilization. Continuous monitoring helps identify bottlenecks and implement corrective measures for smooth and efficient operations
Active Infrastructures Risks
Non-compliance risks
The company has a joint venture agreement for project execution, and any non-compliance with its terms could lead to adverse actions by government or concessioning authorities against the joint operation and the company
Bank guarantee risks
The company must provide bank guarantees for its business operations. Failure to arrange these guarantees or their invocation could negatively impact cash flows and financial condition
Cost overrun
The company's actual project costs may exceed initial bid assumptions. Failure to recover additional expenses could impact financial condition, operational results, and cash flows
IPO FAQs
The promoters of the company are Sunil Gyanchand Raisoni, Shreyas Sunil Raisoni and Shradha Infraprojects Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 178.0 - 181.0.
The IPO application opens on Mar 21, 2025 and closes on Mar 25, 2025.
The minimum lot size for the IPO is 600. The maximum lot size for the IPO is 600.
For all category investors, the minimum application amount for this IPO is Rs. 106,800.0, the maximum value for this IPO is Rs 108,600.0.
This IPO will be allotted on Mar 26, 2025.
The refund will be credited to your account on Mar 27, 2025.
The allotted shares will be credited to your demat on Mar 27, 2025.
Active Infrastructures Ltd.’s shares listed on the stock exchanges on Mar 28, 2025.