Active Infrastructures IPO: Here’s What You Need to Know About the Price and Allotment

Active Infrastructures is set to launch its Initial Public Offering (IPO) on March 21, 2025, with the issue remaining open for subscription until March 25, 2025. The IPO is structured as a Book Built Issue and aims to raise approximately ₹77.83 crores. This includes a fresh issue of ₹77.83 crores, while the offer for sale (OFS) portion details are yet to be disclosed. Each share in the offering will have a face value of ₹5.

IPO Price Band and Quota Distribution

The price band for the Active Infrastructures IPO is set between ₹178 to ₹181 per share. The allocation of shares is divided among different investor categories as follows:

• Qualified Institutional Buyers (QIB): 50% of the total issue

• Retail Investors: 35% of the total issue

• High Net Worth Individuals (HNI): 15% of the total issue

Allotment and Listing Details

The allotment of shares for the IPO is scheduled to be finalized on March 26, 2025. Successful allottees can expect the IPO to be listed on the National Stock Exchange (NSE) on March 28, 2025.

Company Financial Performance

Active Infrastructures has shown consistent growth in its financial performance over the past two years. In the financial year 2024, the company reported a revenue of ₹97.43 crores, which reflects an increase from ₹89.59 crores in 2023. Similarly, the company’s net profit has grown from ₹9.87 crores in 2023 to ₹10.45 crores in 2024, indicating a steady improvement in profitability.

 

Active Infrastructures IPO: Complete Breakdown of Key Details

Active Infrastructures is preparing to launch its Initial Public Offering (IPO) to raise capital and expand its market presence. Below are the detailed terms and key information about the offering:

IPO Opening and Closing Dates

The Active Infrastructures IPO will open for subscription on March 21, 2025 and will remain open until March 25, 2025. Investors will have a window of five days to place their bids within the specified price band.

Face Value and Price Band

Each equity share in the IPO carries a face value of ₹5. The price band for the IPO has been set between ₹178 to ₹181 per share, allowing investors to bid within this range based on market demand and valuation expectations.

Issue Size and Structure

The total issue size is approximately ₹77.83 crores, consisting entirely of a fresh issue of shares amounting to ₹77.83 crores. There is no confirmed information yet regarding the number of equity shares included in the offer for sale (OFS) portion.

Type of Issue

Active Infrastructures IPO is classified as a Book Built Issue. In a book-built offering, the final share price is determined based on investor demand within the specified price band, ensuring a market-driven pricing approach.

Listing Exchange

The shares of Active Infrastructures will be listed on the NSE SME (Small and Medium Enterprises) platform, providing the company with an opportunity to tap into the capital market while adhering to SME listing guidelines.

Investor Quota Allocation

The IPO will have a structured allocation for different categories of investors:

• Qualified Institutional Buyers (QIB): Not more than 50% of the total issue size will be reserved for QIBs, including institutional investors like mutual funds, foreign portfolio investors, and banks.

• Retail Investors: Up to 35% of the total issue size will be reserved for individual retail investors.

• Non-Institutional Investors (NII): Also known as High Net Worth Individuals (HNI), they will have access to not more than 15% of the total issue size.

 

Active Infrastructures IPO: Market Lot and Application Details

Active Infrastructures has defined specific lot sizes and corresponding investment amounts for its upcoming Initial Public Offering (IPO). Below are the detailed terms for market lot sizes and application amounts for different categories of investors:

Minimum Market Lot and Application Amount

The minimum market lot for the Active Infrastructures IPO is set at 600 shares. This means that investors must apply for at least 600 shares when placing a bid. At the higher end of the price band (₹181 per share), the minimum investment required amounts to ₹1,08,600 (600 shares × ₹181).

Retail Investor Application Limits

Retail investors are allowed to apply for only one lot of the IPO. This translates to a minimum and maximum investment of:

• Number of Shares: 600 shares

• Investment Amount: ₹1,08,600

Since retail investors are limited to a single lot, the maximum subscription amount for them remains at ₹1,08,600.

High Net Worth Individuals (HNI) Application Limits

For non-institutional investors (also referred to as High Net Worth Individuals or HNIs), the minimum application requirement is set at two lots. This means that HNIs need to apply for at least 1,200 shares. At the upper price band of ₹181 per share, this results in an investment of ₹2,17,200 (1,200 shares × ₹181).

Summary of Market Lot Structure

 

Active Infrastructures IPO: Important Dates and Timeline

Active Infrastructures has announced the full schedule for its upcoming Initial Public Offering (IPO). Below is a detailed breakdown of the key dates related to the IPO, including the opening and closing of the subscription window, allotment details, and the listing date:

IPO Opening and Closing Dates

• IPO Open Date: The Active Infrastructures IPO will open for public subscription on March 21, 2025. Investors can begin placing their bids starting from this date.

• IPO Close Date: The subscription period will close on March 25, 2025. Investors must submit their applications by this date to participate in the IPO.

Allotment and Refund Process

• Basis of Allotment: The basis of allotment for the IPO will be finalized on March 26, 2025. This process will determine which investors will receive shares and how many shares will be allotted to each successful applicant.

• Refunds: For applicants who are not allotted any shares or receive a partial allotment, the refund process will be initiated on March 27, 2025. The refund amount will be credited directly to the bank accounts linked with the application.

• Credit to Demat Account: Successful allottees will receive their allotted shares in their Demat accounts on March 27, 2025.

IPO Listing Date

• Listing Date: The Active Infrastructures IPO is scheduled to be listed on the National Stock Exchange (NSE) SME platform on March 28, 2025. On this day, the shares will be available for trading, and the market will determine the stock’s opening price based on demand and supply.

Summary of Key Dates

 

Active Infrastructures IPO: Detailed Company Profile, Financials, and Valuation

Active Infrastructures Limited is gearing up for its Initial Public Offering (IPO) with the aim of raising capital to expand its business operations. Below is a comprehensive overview of the company’s background, financial performance, valuation metrics, and industry positioning.

Promoters of Active Infrastructures

Active Infrastructures Limited is promoted by a team of experienced professionals and established corporate entities. The key promoters of the company are:

• Mr. Sunil Gyanchand Raisoni – A seasoned professional with a deep understanding of the infrastructure sector and strategic project execution.

• Mr. Shreyas Sunil Raisoni – Brings expertise in business development and operational management.

• Shradha Infraprojects Limited – A well-known infrastructure company involved in large-scale projects across India.

• Riaan Diagnostic Private Limited – A diversified business entity contributing strategic and financial support to the company’s growth plans.

About Active Infrastructures Limited

Founded in 2007, Active Infrastructures Limited is a well-established civil construction company, specializing in infrastructure and commercial development projects. Over the years, the company has built a strong reputation for delivering high-quality projects on time while maintaining rigorous safety standards.

Business Focus and Key Projects

Active Infrastructures primarily focuses on two major business segments:

1. Infrastructure Projects

• Construction of roads, bridges, and highways

• Development of water supply systems and irrigation networks

2. Commercial Construction

• Office complexes and retail centers

• Exhibition halls and educational institutions

Geographical Presence

Active Infrastructures operates in multiple states across India, including:

• Maharashtra

• Madhya Pradesh

• Uttar Pradesh

• Tripura

The company has adopted a customer-centric approach, ensuring high standards of quality and operational efficiency. Its business model is built around optimal resource utilization, experienced leadership, and a growing order book.

Strengths of Active Infrastructures

• Experienced Management Team – The leadership team brings years of expertise in the infrastructure sector, helping the company secure large contracts and manage complex projects.

• Quality Assurance and Standards – The company follows stringent quality control measures to ensure consistent project delivery.

• Optimal Utilization of Resources – Efficient project management and resource allocation help improve profitability and operational efficiency.

• Visible Growth through Increasing Order Book – The company’s expanding order book reflects strong demand and growing market presence.

As of September 30, 2024, the company reported a revenue of ₹33.90 crores, reinforcing its steady performance in the infrastructure sector.

Financial Performance

Active Infrastructures has shown consistent growth in revenue and profitability over the last three years. Below is a detailed financial summary:

 

Year-on-Year Growth

• Revenue: The company’s revenue increased from ₹89.59 crores in FY 2023 to ₹97.43 crores in FY 2024, reflecting a growth of approximately 8.76%.

• Profit: The profit after tax rose from ₹9.87 crores in FY 2023 to ₹10.45 crores in FY 2024, showing a positive upward trend.

• Assets: The company’s total assets increased from ₹98.70 crores in 2023 to ₹107.58 crores in 2024, indicating business expansion and improved financial positioning.

Valuation Metrics – FY 2024

Active Infrastructures has provided key valuation metrics based on its FY 2024 financial performance:

 

Key Takeaways

• Strong Profit Margins: A PAT margin of 10.75% reflects the company’s ability to manage costs and improve profitability.

• High Return on Equity: A RoE of 36.22% indicates strong shareholder returns.

• Stable Capital Utilization: The company’s ROCE of 14.90% suggests efficient use of capital.

• Moderate Debt Levels: The debt-to-equity ratio of 2.25 reflects a balanced capital structure, although the company carries a moderate level of leverage.

Peer Group Comparison

Active Infrastructures faces competition from other established infrastructure players. Below is a comparison with its peers based on key financial metrics:

Observations

• Active Infrastructures has the highest EPS among its peers, reflecting strong earnings capability.

• Its RoNW of 36.22% is comparable to V.L. Infraprojects Limited, indicating efficient use of shareholder equity.

• The company’s revenue is slightly lower than its peers, but profitability and margins remain competitive.