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Afcons Infrastructure Ltd

Registered Office : Afcons House 16 Shah Ind.Este,Veera Desai Rd Andheri (West),Mumbai Maharashtra 400053 Phone : 022-6719 1214
Fax :

Email : gaurang@afcons.com

Website : www.afcons.com

Initial public offering of up to 117,327,139 equity shares of face value of Rs. 10 each ("Equity Shares") of Afcons Infrastructure Limited (the "Company" or the "Issuer") for cash at a price of Rs. 463 per equity share of face value of Rs. 10 each (including a share premium of Rs. 453 per equity share) ("Offer Price") aggregating up to Rs. 5430.00 crores (the "Offer") comprising a fresh issue of up to 26,046,362 equity shares of face value of Rs. 10 each aggregating up to Rs. 1250.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 90,280,777 equity shares of face value of Rs. 10 each aggregating up to Rs. 4180.00 crores by Goswami Infratech Private Limited (the "Offer for Sale"). This offer includes a reservation of up to 596,658* equity shares of face value of Rs. 10 each, aggregating up to Rs. 25.00 crores (constituting up to 0.16% of the post-offer paid-up equity share capital), for subscription by eligible employees (as defined hereinafter) ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The company in consultation with the brlms, may offer a discount of of 9.50% to the offer price (equivalent of Rs. 44 per equity share of face value of Rs. 10 each) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer and the net offer shall constitute 31.90% and 31.74%, respectively, of the post-offer paid-up equity share capital of the company. *The actual allotment to eligible employees under reservation portion is 510,592 equity shares of face value of Rs. 10 each. Issue Price is Rs. 463 per equity share of Rs. 10 each. The Floor price is 46.30 times the face value of the equity shares. Bid can be made for a minimum of 32 equity shares and in multiples of 32 equity shares. A discount of Rs. 44 equity share is being offered to eligible employees bidding in the employee reservation portion.

Issue

Opens On

Closes On

25-Oct-2024

29-Oct-2024

Money Payable On

Application

Allotment

463.00

0.00

Minimum Application for shares in Nos : 32.0 Further Multiples of : 32.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

5,430.00

367.74

463.00

DAM Capital Advisors Ltd

ICICI Securities Ltd

Jefferies India Pvt Ltd

Nomura Financial Advisory and Securities (I) P Ltd

Nuvama Wealth Management Ltd

SBI Capital Markets Ltd

Projects

Capital expenditure towards purchase of construction equipments

Funding long term working capital requirements

Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the company

General corporate purposes

Promoted By

Goswami Infratech Pvt Ltd

Shapoorji Pallonji and Company

Floreat Investments Pvt Ltd

Listing At

Registrar to the Issue

MUFG Intime India Pvt Ltd