IPO Details

Bidding Dates

21 Mar '25 - 25 Mar '25

Minimum Investment

₹1,06,800/ 1 Lot (600 Shares)

Price Range

₹178-₹181

Maximum Investment

₹1,08,600/ 1 Lot (600 Shares)

Retail Discount

To be announced

Issue Size

Approx ₹77.83 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)  |  

Active Infrastructures IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Mar 21, 25

IPO Closing Date

Mar 25, 25

Basis of Allotment

Mar 26, 25

Initiation of Refunds

Mar 27, 25

IPO Listing Date

Mar 28, 25

Active Infrastructures IPO Subscription Details

DateQIBNIIRetailTotal

Day 1Mar 20, 2025

 1 0.16 0.17 0.2

Day 2Mar 23, 2025

 7.15 0.28 0.39 0.63

Day 3Mar 24, 2025

 1 1.66 0.57 1.05

About Active Infrastructures IPO

Active Infrastructures IPO has opened on March 21, 2025, and will be closing soon on March 25, 2025. This is a Book Built Issue IPO, aiming to raise approximately ₹77.83 crore. The offering consists of a fresh issue worth ₹77.83 crore along with an offer for sale of [.] equity shares, each carrying a face value of ₹5.

The IPO price band is fixed between ₹178 and ₹181 per share. The allocation breakdown includes 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for High Net-worth Individuals (HNIs). The IPO is scheduled to be listed on NSE on March 28, 2025, with allotment finalisation expected by March 26, 2025.

Financially, the company recorded a revenue of ₹97.43 crore in 2024, up from ₹89.59 crore in 2023. Its net profit stood at ₹10.45 crore in 2024, compared to ₹9.87 crores in the previous year. Considering its financial growth, the IPO appears to be suitable for long-term investment.

Industry Outlook

  1. India's construction market, valued at around USD 639 billion, is growing at a CAGR of over 6%. With the industry expected to reach USD 1.4 trillion by 2025, Active Infrastructures Limited stands to benefit from increased demand for infrastructure and commercial projects.
  2. Major initiatives like the National Infrastructure Pipeline and Smart Cities Mission are driving infrastructure growth, boosting demand for construction services. Active Infrastructures Limited can leverage these opportunities to expand its project portfolio and enhance its market presence.

Active Infrastructures IPO Objectives 

The company plans to allocate the net proceeds from the issuance to the following purposes:

  1. The funds will support daily business operations and ensure smooth project execution.
  2. A portion will be used to repay or prepay certain borrowings and secure bank guarantees, improving financial health.
  3. Capital will be allocated for acquiring advanced machinery, enhancing operational efficiency and project capabilities.
  4. Funds will be utilised for general corporate purposes, supporting business development and future opportunities.
  5. A part of the proceeds will be used to manage the costs associated with the public issue.

About Active Infrastructures Limited 

Active Infrastructures Limited, established in 2007 as a private limited company, transitioned into a public limited entity in 2024. The company operates across two primary segments: infrastructure development and commercial construction. In the infrastructure segment, it specialises in roads, flyovers, water supply systems, and irrigation projects. The commercial construction segment focuses on building office spaces, retail centers, exhibition halls, and private educational institutions.

With a strong presence in Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura, the company has successfully completed several projects while maintaining high standards of quality and safety. Equipped with skilled manpower, advanced machinery, and engineering expertise, it is well-positioned to meet the growing demand in the construction sector.

A strong commitment to quality, environmental sustainability, and occupational health and safety drives the company’s operations. Innovation and client-focused solutions remain key priorities, ensuring long-term growth and customer satisfaction.

The company benefits from the leadership of experienced promoters, including Sunil Gyanchand Raisoni and Shreyas Sunil Raisoni, along with corporate promoters Riaan Diagnostic Private Limited and Shradha Infraprojects Limited. Their expertise, particularly in construction and infrastructure development, strengthens the company’s capabilities.

With a growing portfolio and a strategic vision, Active Infrastructures Limited continues to expand its footprint in India’s construction industry, contributing to the nation’s development through high-quality and sustainable projects.

How To Check the Allotment Status of Active Infrastructures IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for the Active Infrastructures IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the Active Infrastructures IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Active Infrastructures IPO 

Registered office: Riaan Tower 10th Floor, Mangalwari Road, Sadar, Sadar

Bazar, Nagpur- 440001, Maharashtra, India

Phone: +91 7030002840

E-mail: investorinfo@activeinfra.in

Active Infrastructures IPO Reservation

Investor Category

Shares Offered

Anchor Investor Shares

2,44,800 (5.69%)

Market Maker Shares

2,16,000 (5.02%)

QIB Shares

1,63,800 (3.81%)

NII (HNI) Shares

16,33,200 (37.98%)

Retail Shares

20,42,400 (47.5%)

Active Infrastructures IPO Lot Size

Application

Lots

Shares

Amount

Retail (Min)

1

600

₹1,06,800

Retail (Max)

1

600

₹1,08,600

HNI (Min)

2

1,200

₹2,17,200

Active Infrastructures IPO Promoter Holding

Mr. Sunil Gyanchand RaisonI and Mr. Shreyas Sunil RaisonI, Shradha Infraprojects Limited and Riaan Diagnostic Private Limited are the promoters of the company.

Share Holding Pre-Issue

99.99%

Share Holding Post Issue

71.36%

Note: Equity dilution will be determined by subtracting the Share Holding Post Issue from the Share Holding Pre Issue.

Active Infrastructures IPO Anchor Investors Details

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

Key Performance Indicators for Active Infrastructures IPO

KPI

Value

RoE (%)

36.22

RoCE (%)

14.90

Debt/Equity

2.25

PAT Margin

10.75

Active Infrastructures IPO Prospectus

Active Infrastructures IPO Registrar and Lead Managers

Active Infrastructures IPO Lead Managers

  • Kreo Capital Private Limited

Registrar for Active Infrastructures IPO

Bigshare Services Private Limited

Active InfrastructuresIPO Registrar

Financial Performance of Active Infrastructures Limited

Particulars Year ending on March 31, 2024 Year ending on March 31, 2023 Year ending on March 31, 2022
Revenue from Operation (in ₹ lakh) 9,718.33 8,939.83 110.08
Profit After Tax (PAT) (in ₹ lakh) 1,044.55 986.99 8.75
RoE (Return on Equity in %) 36.22 53.49 0.79
Total Borrowings (in ₹ lakh) 6,475.88 6,930.06 10,918.97
RoCE (%) 14.90 14.84 0.09
Net debt (in ₹ lakh) 6,490.44 6,933.64 10,919.71
EBITDA (in ₹ lakh) 1,733.08 1,306.33 10.73

Know before investing

Strengths

8

  1. Experienced leadership with 25+ years of industry expertise.

  2. Strong quality standards ensure excellence in construction projects.

  3. Efficient resource utilisation enhances productivity and profitability.

  4. ₹7,000 lakh order book strengthens future revenue prospects.

  5. Skilled professionals drive project execution and business growth.

  6. Timely project completion optimises cost and client satisfaction.

  7. Expanding footprint across Maharashtra, Uttar Pradesh, MP, and Tripura.

  8. Advanced equipment and skilled workforce ensure a competitive edge.

Risks

8

  1. Business is highly dependent on Maharashtra, Uttar Pradesh, and Madhya Pradesh.

  2. Economic or policy changes in these states may impact revenue.

  3. Heavy reliance on government contracts exposes business to policy shifts.

  4. Failure to secure new contracts may affect financial stability.

  5. Construction defects or delays could lead to penalties and losses.

  6. Premature termination of contracts may result in payment disputes.

  7. Inability to provide bank guarantees could limit project opportunities.

  8. Cost overruns may impact profitability and cash flow stability.

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Peer Comparison of Active Infrastructures Limited

Company Name EPS (Basic) NAV (per share in ₹) P/E (x) RoNW (%)
Active Infrastructures Limited 8.48 26.91 - 36.22
Avp Infracon Limited 7.32 37.26 25.7 19.65
V.l.infraprojects Limited 6.63 144.82 6.95 37.31

Active Infrastructures IPO FAQs

What is the Active Infrastructures IPO?

Active Infrastructures IPO is a book built issue IPO. It will be open from March 21, 2025, to March 25, 2025.

When will the Active Infrastructures IPO be allotted?

The Basis of Allotment will happen on Wednesday, March 26, 2025.

When will Active Infrastructures IPO open for subscription?

The IPO subscription window will open on  March 21, 2025.

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 600 shares.

When will Active Infrastructures Limited list on exchanges?

The listing date for Active Infrastructures Limited is Friday, March 28, 2025.

What is the issue size of the Active Infrastructures IPO?

The issue size of the Active Infrastructures IPO is up to ₹77.83 crore (approx).

What are the open and close dates of the Active Infrastructures IPO?

The open and close dates for Active Infrastructures IPO are from March 21, 2025, to March 25, 2025.

What would be the listing gains on the Active Infrastructures IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.

How to increase your chances of getting an Active Infrastructures IPO allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for Active Infrastructures IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Active Infrastructures Limited using one PAN?

You can submit only one application using your PAN card.

How to read Active Infrastructures Limited's financial statements?

To read Active Infrastructures Limited’s financial statements, download the IPO’s  RHP document.

What is 'pre-apply' for the Active Infrastructures IPO?

Pre-apply allows investors to apply for the  Active Infrastructures IPO two days before the subscription period opens, ensuring an early submission of your application.

If I pre-apply for the Active Infrastructures Limited IPO, when will my order get placed?

Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.

When will I know if my Active Infrastructures Limited IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts.

Who is the registrar of Active Infrastructures IPO?

Bigshare Services Private Limited is the registrar responsible for managing the IPO allotment process and handling investor queries.

Where is the Active Infrastructures IPO getting listed?

Active Infrastructures IPO is proposed to be listed on the SME platform of the National Stock Exchange (NSE).