Active Infrastructures Limited IPO is fully book build issue and total IPO size is ₹77.83 crores. The total offering consists fresh share issue of 4300200 shares.
The subscription period for the Active Infrastructures IPO starts on March 21, 2025, and ends on March 25, 2025. The allotment process is expected to be finalized by March 26, 2025.
The Active Infrastructures IPO is scheduled to list on NSE EMERGE, with a listing date of March 28, 2025. The price band for the Active Infrastructures IPO is ₹178 to ₹181 per share.
Registrar for this IPO is Bigshare Services and lead managers for Active Infrastructures IPO are Kreo Capital.
IPO Schedule
| IPO Open Date | Friday, 21 Mar, 2025 |
|---|---|
| IPO Close Date | Tuesday, 25 Mar, 2025 |
| IPO Allotment Date | Wednesday, 26 Mar, 2025 |
| Refund Initiation | Thursday, 27 Mar, 2025 |
| Share credit in Demat | Thursday, 27 Mar, 2025 |
| Listing Date | Friday, 28 Mar, 2025 |
Key Details
| Price Band | ₹178 to ₹181 Per Share |
|---|---|
| Lot Size | 600 Shares |
| Face Value | ₹5 Per Equity Share |
| Total Issue Size | ₹77.83 Crores |
| Fresh Issue | ₹77.83 Crores |
| Issue Type | Fresh Issue |
| Listing At | NSE EMERGE |
Share Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | 50% |
| Retail | 35% |
| NII/HNI | 15% |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 108,600 |
| Retail (Max) | 1 | 600 | 108,600 |
| S-HNI (Min) | 2 | 1200 | 217,200 |
| S-HNI (Max) | 9 | 5400 | 977,400 |
About Active Infrastructures Limited Company
Active Infrastructures Limited is a leading infrastructure and construction company operating pan-India. The company focuses on two key segments: Infrastructure, involving the construction of roads, bridges, flyovers, water supply systems, and irrigation projects; and Construction of Commercial Projects, including office complexes, retail centers, and educational institutions.
With completed, ongoing, and upcoming projects in Maharashtra, Madhya Pradesh, Uttar Pradesh and Tripura, Active Infrastructures is committed to achieving customer satisfaction through quality, safety, and environmental sustainability. The company's manpower, resources, machinery, and engineering capabilities enable it to meet diverse market demands.
The company reported a revenue from operations of Rs. 97.18 crore for the year ended March 31, 2024, and Rs. 33.67 crore for the half year ended September 30, 2024. EBITDA stood at Rs. 17.33 crore for the year ended March 31, 2024, and Rs. 8.17 crore for the half year ended September 30, 2024, with a PAT of Rs. 10.45 crore for the year ended March 31, 2024, and Rs. 5.55 crore for the half year ended September 30, 2024, reflecting a PAT margin of 10.75% and 16.49% respectively.
Active Infrastructures Limited Financial Details
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 971.61 | 1075.80 | 987.04 | 1262.62 |
| Revenue | 336.71 | 971.83 | 893.98 | 11.01 |
| Profit After Tax | 55.52 | 104.46 | 98.70 | 0.88 |
| Net Worth | 325.15 | 288.38 | 184.53 | 110.40 |
| Reserves and Surplus | 248.11 | 220.24 | 176.31 | 103.70 |
| Total Borrowing | 560.91 | 647.59 | 693.01 | 109.23 |
₹ In Crore
Key Performance Indicator
| Basic EPS (in ₹) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt-Equity Ratio | Return on Equity (ROE) | Return on Capital Employed (ROCE) |
|---|---|---|---|---|---|
| 8.48 | 36.22% | 2.25 | 36.22% | 14.90% |
Offer Objectives
Promoter Shareholding: As of the Red Herring Prospectus date, the Promoter, Shradha Infraprojects Ltd., held 99.99% of the pre-issue equity share capital, translating to 1,07,14,804 shares. Post-issue, this shareholding is expected to be 71.36%, assuming no further subscription from the promoter.
Historical Transactions: The build-up of the promoter's shareholding involves various transfers and a bonus issue. Notably, in November 2023, a bonus issue of 93,75,464 shares was allotted. There were also minor share transfers in May and June 2024.
Lock-in Details: A minimum of 20% of the post-issue equity share capital held by the Promoter will be locked-in for three years. Excess shareholding beyond 20% is locked in for one year. For Shradha Infraprojects Ltd, 30,18,019 equity shares will be under a three-year lock-in.
Issue Objectives: The fresh issue aims to raise funds for working capital (₹38.98 crore), repayment of borrowings (₹16.72 crore), capital expenditure on construction equipment (₹7.05 crore), and general corporate purposes. A portion is allocated for issue expenses.
Net Proceeds Utilization: The net proceeds from the issue are planned to be deployed by the end of financial year 2024-25, aligning with the schedule of implementation. ₹12.79 Lakhs from internal accruals have already been deployed towards issue expenses.
Company Details
Address:
Riaan Tower 10th Floor, Mangalwari Road, Sadar,
Sadar Bazar, Nagpur - 440001, Maharashtra, India.
Phone: + 91 7030002840
Email: [email protected]
Website: https://activeinfra.in/
IPO Registrar Details
Bigshare Services Private Limited
Phone: +91 22 62638200
Email: [email protected]
Website: https://www.bigshareonline.com
