Afcons Infrastructure IPO Allotment Status

Summary

Afcons Infrastructure IPO has received moderate response from investors, closing with a subscription of 2.77 times by 29th October 2024 at 5:19:07 PM (Day 3). The public issue witnessed varied demand across investor categories. The Non-Institutional Investors (NII) category led with 5.31 times subscription, with big NIIs (bNII) showing strong interest at 6.63 times and small NIIs (sNII) at 2.67 times.

The Qualified Institutional Buyers (QIB) portion demonstrated good interest with a 3.99 times subscription. The Employee portion achieved 1.77 times subscription, while the Retail Investors segment was nearly fully subscribed at 0.99 times. The Anchor Investors portion was fully subscribed before the public issue, raising ₹1,621.50 crores. This overall response resulted in 7,80,662 applications.

How to Check Afcons Infrastructure IPO Allotment Status:

How to Check Afcons Infrastructure IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Link Intime India Private Ltd (https://linkintime.co.in/initial_offer/public-issues.html)

Step 2: From the dropdown menu, select Afcons Infrastructure IPO

Step 3: Choose one of the following modes: PAN ID, Demat Account number, or Application number

Step 4: Enter the information relevant to the mode you have chosen

Step 5: For security purposes, fill out the captcha accurately

Step 6: Click "Submit"

How to Check Afcons Infrastructure IPO Allotment Status on BSE

Step 1: Visit the BSE  (https://www.bseindia.com/investors/appli_check.aspx)

Step 2: Look for the IPO Allotment Status section

Step 3: Select "Afcons Infrastructure Limited" from the dropdown menu

Step 4: Enter your application number and PAN ID

Step 5: Click on 'I am not a robot' and then click "Search"

How to Check IPO Allotment Status in a Bank Account:

Log into your Internet Banking: Go to your bank's website or mobile app and log in

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections

Offer Required Information: Provide information like your PAN, application number, or other identifiers

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources

How to Check IPO Allotment Status in a Demat Account:

Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP)

Find IPO Section: Look for the section titled "IPO" or "Portfolio"

Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify the allocation

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service

Afcons Infrastructure IPO Timeline:

Afcons Infrastructure IPO Subscription Status

Afcons Infrastructure IPO received 2.77 times subscription with 7,80,662 applications. By 29th October 2024 at 5:19:07 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:19:07 PM)
Total Subscription: 2.77 times
QIB: 3.99 times 
NII: 5.31 times
bNII (>₹10L): 6.63 times 
sNII (<₹10L): 2.67 times 
Retail investors: 0.99 times 
Employee: 1.77 times

Subscription Day 2
Total Subscription: 0.36 times
QIB: 0.08 times
NII: 0.72 times
Retail investors: 0.36 times
Employee: 1.01 times

Subscription Day 1
Total Subscription: 0.10 times
QIB: 0.01 times
NII: 0.11 times
Retail investors: 0.14 times
Employee: 0.39 times

Afcons Infrastructure IPO Details

Afcons Infrastructure's initial public offering (IPO) is a book built issue of ₹5,430.00 crores. This offering consists of a fresh issue of 2.7 crore shares aggregating to ₹1,250.00 crores and an offer for sale of 9.03 crore shares aggregating to ₹4,180.00 crores.

The bidding process for the Afcons Infrastructure IPO commenced on 25th October 2024 and concluded on 29th October 2024. The allotment results for this IPO are anticipated to be finalised on 30th October 2024. Furthermore, the shares of Afcons Infrastructure are set to be listed on BSE and NSE, with a provisional listing date scheduled for 4th November 2024.

The Afcons Infrastructure IPO price band has been established between ₹440 and ₹463 per share, with an employee discount of ₹44 per share. Investors must apply for a minimum lot size of 32 shares, which requires a minimum investment of ₹14,816 for retail investors. For small NIIs, the minimum investment is 14 lots (448 shares), totalling ₹207,424, and for big NIIs, it is 68 lots (2,176 shares), totalling ₹1,007,488.

The book running lead managers include ICICI Securities Limited, Dam Capital Advisors Ltd, Jefferies India Private Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, Nuvama Wealth Management Limited, and SBI Capital Markets Limited. Link Intime India Private Ltd is designated as the registrar for this offering.