Active Infrastructures Limited IPO (Active Infrastructures IPO) Detail
Active Infrastructures IPO is a bookbuilding of Rs 77.83 crores. The issue is entirely a fresh issue of 43.00 lakh shares.
Active Infrastructures IPO bidding started from March 21, 2025 and ended on March 25, 2025. The allotment for Active Infrastructures IPO was finalized on Wednesday, March 26, 2025. The shares got listed on NSE SME on March 28, 2025.
Active Infrastructures IPO price band is set at ₹181 per share. The minimum lot size for an application is 600. The minimum amount of investment required by retail investors is ₹1,06,800. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,08,600. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹2,17,200.
Kreo Capital Private Limited is the book-running lead manager of the Active Infrastructures IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Active Infrastructures IPO is Badjate Stock And Shares Private Limited.
Refer to Active Infrastructures IPO RHP for detailed information.
Active Infrastructures IPO Details
| IPO Date | March 21, 2025 to March 25, 2025 |
| Listing Date | March 28, 2025 |
| Face Value | ₹5 per share |
| Issue Price | ₹181 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 43,00,200 shares (aggregating up to ₹77.83 Cr) |
| Fresh Issue | 43,00,200 shares (aggregating up to ₹77.83 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,07,14,816 shares |
| Share Holding Post Issue | 1,50,15,016 shares |
| Market Maker Portion | 2,16,000 shares Badjate Stock And Shares Private Limited |
Active Infrastructures IPO Reservation
Active Infrastructures IPO offers total 43,00,200 shares. Out of which 1,63,800 (3.81%) allocated to QIB, 16,33,200 (37.98%) allocated to NII, 20,42,400 (47.5%) allocated to RII and 2,44,800 (5.69%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 2,44,800 (5.69%) |
| Market Maker Shares Offered | 2,16,000 (5.02%) |
| QIB Shares Offered | 1,63,800 (3.81%) |
| NII (HNI) Shares Offered | 16,33,200 (37.98%) |
| Retail Shares Offered | 20,42,400 (47.5%) |
| Total Shares Offered | 43,00,200 (100%) |
Active Infrastructures IPO Anchor Investors Details
Active Infrastructures IPO raises Rs 4.43 crore from anchor investors. Active Infrastructures IPO Anchor bid date is March 20, 2025. Active Infrastructures IPO Anchor Investors list
| Bid Date | March 20, 2025 |
| Shares Offered | 2,44,800 |
| Anchor Portion Size (In Cr.) | 4.43 |
| Anchor lock-in period end date for 50% shares (30 Days) | April 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 24, 2025 |
Active Infrastructures IPO Timeline (Tentative Schedule)
Active Infrastructures IPO opens on March 21, 2025, and closes on March 25, 2025.
| IPO Open Date | Fri, Mar 21, 2025 |
| IPO Close Date | Tue, Mar 25, 2025 |
| Tentative Allotment | Wed, Mar 26, 2025 |
| Initiation of Refunds | Thu, Mar 27, 2025 |
| Credit of Shares to Demat | Thu, Mar 27, 2025 |
| Tentative Listing Date | Fri, Mar 28, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 25, 2025 |
Active Infrastructures IPO Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,08,600 |
| Retail (Max) | 1 | 600 | ₹1,08,600 |
| HNI (Min) | 2 | 1,200 | ₹2,17,200 |
| Lot Size Calculator | |||
Active Infrastructures IPO Promoter Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 71.36% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About Active Infrastructures Limited
Incorporated in 2007, Active Infrastructures Limited is a civil construction company. The company specializes in infrastructure development and commercial project construction.
The company focuses on infrastructure projects like roads, bridges, water supply systems, and irrigation, while also constructing commercial spaces such as office complexes, retail centers, exhibition halls, and educational institutions.
The company operates across India, with projects in Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura. It focuses on customer satisfaction, ensuring quality and safety in all completed, ongoing, and upcoming projects.
- Infrastructure Segment: The company excels in infrastructure, focusing on road construction, flyovers, water supply systems, irrigation, and related activities. It also manages heritage site development and tourism projects, ensuring quality and sustainability.
- Construction of Commercial Project Segment: The company focuses on creating commercial spaces that meet evolving business and consumer needs. Key projects like RIAAN Tower offer modern, sustainable environments, supporting business growth and community engagement.
As of March 13, 2025, the company has 53 permanent and 150 – 160 contractual employees.
Competitive Strengths:
- Experienced Management Team
- Quality Assurance and Standards
- Optimal Utilization of Resources
- Visible growth through increasing order book
Company Financials
Active Infrastructures Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 97.16 | 107.58 | 98.7 | 126.26 |
| Revenue | 33.9 | 97.43 | 89.59 | 1.11 |
| Profit After Tax | 5.55 | 10.45 | 9.87 | 0.09 |
| Net Worth | 32.51 | 28.84 | 18.45 | 11.04 |
| Reserves and Surplus | 24.81 | 22.02 | 17.63 | 10.37 |
| Total Borrowing | 56.09 | 64.76 | 69.3 | 109.19 |
| Amount in ₹ Crore | ||||
Key Performance Indicator (KPI)
The market capitalization of Active Infrastructures IPO is Rs 271.77 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 36.22% |
| ROCE | 14.90% |
| Debt/Equity | 2.25 |
| RoNW | 36.22% |
| PAT Margin | 10.75 |
| Price to Book Value | 6.73 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.75 | 7.40 |
| P/E (x) | 18.57 | 24.48 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (Active Infrastructures IPO Objectives)
The Company Active Infrastructures IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Funding Working Capital Requirements of the Company. | 389.8 |
| 2 | Repayment/ Prepayment of Certain Borrowings availed by the Company and Margin Money for obtaining Bank Guarantee. | 167.23 |
| 3 | Capital expenditure towards purchase of construction equipments | 70.48 |
| 4 | General Corporate Purpose |
Active Infrastructures IPO Review May apply
[Dilip Davda] AIL is engaged in infrastructure and commercial projects related construction activities and services. After gaining grounds for FY23, it posted almost static top and bottom lines for the last two fiscals with inflated profits to pave the way for fancy valuations. The first half financial performance indicates degrowth in its top line. Small equity base post-IPO indicates longer gestation period for migration. Based on its recent super earnings, the issue appears aggressively priced. It has on hand orders worth Rs. 345+ cr. currently. Well-informed investors may park moderate funds for long term in this dividend paying company. Read detail review…
Active Infrastructures IPO Subscription Status (Bidding Detail)
The Active Infrastructures IPO is subscribed 1.05 times on March 25, 2025 6:19:00 PM (Day 3). The public issue subscribed 0.57 times in the retail category, 1 times in the QIB category, and 1.66 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 1 | 1,63,800 | 1,63,800 | 2 |
| NII* | 1.66 | 16,33,200 | 27,10,800 | 103 |
| Retail | 0.57 | 20,42,400 | 11,73,000 | 1,955 |
| Total | 1.05 | 38,39,400 | 40,47,600 | 2,061 |
Total Application : 2,061
*Market Maker portion is not included to NII/HNI.
Active Infrastructures IPO Prospectus
Active Infrastructures IPO Listing Details
| Listing Date | March 28, 2025 |
| BSE Script Code | |
| NSE Symbol | ACTIVEINFR |
| ISIN | INE0KLO01025 |
| Final Issue Price | ₹181 per share |
Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹181.00 |
| Open | ₹181.00 |
| Low | ₹171.95 |
| High | ₹181.40 |
| Last Trade | ₹175.60 |
Check IPO Performance…
Active Infrastructures Limited Contact Details
Active Infrastructures Limited
Riaan Tower 10th Floor,
Mangalwari Road, Sadar,
Sadar Bazar, Nagpur- 440001
Phone: +91 7030002840
Email: investorinfo@activeinfra.in
Website: https://activeinfra.in/
Active Infrastructures IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
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