Active Infrastructures IPO Closed
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Schedule of Active Infrastructures
| Issue open date | 21 Mar 2025 |
| Issue close date | 25 Mar 2025 |
| UPI mandate deadline | 25 Mar 2025 (5 PM) |
| Allotment finalization | 26 Mar 2025 |
| Refund initiation | 27 Mar 2025 |
| Share credit | 27 Mar 2025 |
| Listing date | 28 Mar 2025 |
| Mandate end date | 09 Apr 2025 |
| Lock-in end date for anchor investors (50%) | 24 Apr 2025 |
| Lock-in end date for anchor investors (remaining) | 24 Jun 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Active Infrastructures
Incorporated in 2007, Active Infrastructures operates in two key segments: Infrastructure and Commercial Construction. The Infrastructure segment focuses on roads, bridges, flyovers, water supply systems, and irrigation projects. The Commercial Construction segment includes office complexes, retail centers, exhibition halls, educational institutions, and other facilities. Operations span Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura, covering completed, ongoing, and upcoming projects.
Financials of Active Infrastructures
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹77.83 crores |
| Fresh Issue | ₹77.83 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Debt reduction | 16.72 (21.48%) |
| Capital expenditure | 7.05 (9.06%) |
| Working capital requirements | 38.98 (50.08%) |
| General corporate purposes | 15.08 (19.38%) |
Strengths
- Experienced management team driving growth and operational performance
- High-quality construction and strict adherence to quality standards
- Optimal resource utilization for smooth and efficient operations
- Well-established track record in infrastructure and commercial projects
- Efficient execution capabilities for end-to-end project management
- Competitive edge through advanced engineering and project management solutions
- Strategic geographical presence across multiple high-growth Indian states
- Strong client relationships ensuring repeat business and industry goodwill
Risks
- Geographical concentration in three states limits expansion and increases risks.
- Dependence on government contracts makes revenue vulnerable to policy changes.
- Competitive industry dynamics could impact business growth and profitability.
- Project execution delays may affect financial performance and cash flow.
- High reliance on subcontractors could lead to operational inefficiencies.
- Changes in regulatory policies may disrupt business and financial stability.
- Fluctuations in raw material prices could increase project costs.
- Debt dependence for operations may impact financial sustainability long-term.
Allotment Status for Active Infrastructures
To check your allotment status – click here.
Subscription Figures for Active Infrastructures
Subscription numbers as of 5:00 PM on 24 Mar 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 1.63 | 11.71 | 7.15x |
| HNI (₹2L+) | 16.33 | 4.60 | 0.28xx |
| Retail (upto ₹2L) | 20.42 | 7.93 | 0.29x |
| Total | 38.39 | 24.26 | 0.63x |