Aggcon Equipments International IPO Date, Review, Price and Key Information

Aggcon Equipments International IPO is fully book build issue and total IPO size is ₹33.2037 crores. The entire share offering is a fresh issue worth ₹33.2037 crores.

The dates for the Aggcon Equipments International IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Aggcon Equipments International IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Aggcon Equipments International IPO has not been announced yet.

Registrar for this IPO is Mufg Intime India Private Limited and lead managers for Aggcon Equipments International IPO are Motilal Oswal Investment Advisors Limited.

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Aggcon Equipments International IPO

IPO Schedule

IPO Open Date-
IPO Close Date-
IPO Allotment Date-
Refund Initiation-
Share credit in Demat-
Listing Date-

Key Details

Price BandTBA
Lot SizeTBA
Face Value₹1 Per Equity Share
Total Issue Size9,400,000 Shares + ₹33 Crores
Fresh Issue₹33.20 Crores
OFS Issue9,400,000 Shares
Issue TypeFresh Issue and Offer for Sale
Listing AtBSE, NSE

Share Reservation

Investor CategoryShares Offered
QIB50%
Retail35%
NII/HNI15%

About Aggcon Equipments International Limited Company

Aggcon Equipments International Ltd is a leading and rapidly growing infrastructure equipment rental company in India. With a revenue CAGR of 21.56% from FY23-FY25, the company boasts the highest EBITDA margin (61.32%) and EBIT margin (41.11%) among listed peers in FY25. Aggcon also holds the second-highest ROE (24.73%) in FY25 and maintains best-in-class average capacity utilization.

The company's revenue from operations has steadily increased from ₹111.01 crore in FY23 to ₹164.02 crore in FY25. Aggcon's fleet of 337 equipment spans across critical industries, including road construction, railways, waterways, power, earthmoving, and general construction. Their average blended yield per month remains competitive at 3.22% in FY25.

Aggcon is working with major infrastructure sector companies in India & maintains a strategic network of transporters, enhancing operational efficiency and responsiveness. With Promoters having extensive experience in the industry, Aggcon is well-positioned to capitalize on India’s infrastructure development.

Aggcon Equipments International Limited Financial Details

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets580.729415.992312.050
Revenue164.022137.286111.006
Profit After Tax30.71522.64427.924
Net Worth139.616108.79986.108
Reserves and Surplus130.582107.50884.817
Total Borrowing381.578265.915172.400

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)Return on Net Worth (RoNW)Net Asset Value (NAV)Debt-Equity RatioReturn on Equity (ROE)Return on Capital Employed (ROCE)
3.4024.73%15.462.7324.73%15.05%

Offer Objectives

The offer includes a fresh issue of equity shares aggregating up to ₹33.20 crore and an offer for sale of up to 9,400,000 equity shares by the promoter selling shareholders.

Shareholding Details:

Prior to the offer, the major shareholders are Jitender Aggarwal and Renu Aggarwal. Jitender Aggarwal holds 62,161,500 equity shares (68.81%), and Renu Aggarwal holds 28,000,000 equity shares (31.00%).

ESOP Details:

The company has an Employee Stock Option Plan (ESOP 2025) with a maximum option pool of 4,516,750 options. The exercise price of options is ₹1. Employee-wise details of options granted show grants to Key Managerial Personnel/Senior Managerial Personnel, including Sachin Kumar (25,425 options), Puneet Kumar (5,425 options), Abhilash Sharma (18,306 options), and Saurabh Sharma (14,238 options) in Fiscal 2024.

Objects of the Fresh Issue:

The net proceeds from the fresh issue will be used for:

  1. Repayment/prepayment of certain borrowings: ₹16.80 crore.
  2. Capital expenditure towards the purchase of equipment: ₹8.40 crore.
  3. General corporate purposes (amount to be finalised, but will not exceed 25% of gross proceeds).

A pre-IPO placement of up to ₹6.64 crore may be considered, potentially reducing the fresh issue size.

Company Details

Address:
Unit No. E -009, Ground Floor, World Trade Center, Nauroji Nagar, Safdarjung Enclave, New Delhi, Delhi, India 110029

Phone: 0129-4135155

Email: [email protected]

Website: http://www.aggconequipments.com

IPO Registrar Details

MUFG Intime India Private Limited

Phone: +91 810 811 4949

Email: [email protected]

Website: https://in.mpms.mufg.com/

Offer Prospectus & Documents

Lead Managers

  • Motilal Oswal Investment Advisors Limited

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