Active Infrastructures IPO listed at ₹181 per share on the NSE SME platform on March 28, matching its issue price. The stock showed minimal movement, rising just 0.22% to an intraday high of ₹181.4, marking a subdued market debut.
The Active Infrastructures IPO was subscribed 1.05 times, receiving 40.47 lakh bids against 38.39 lakh shares offered. Non-Institutional Buyers showed the highest interest, subscribing 1.66 times, while Retail Investors subscribed only 0.57 times. Anchor Investors and Market Makers fully subscribed to their allotted shares, contributing ₹4.43 crore and ₹3.91 crore, respectively. QIBs subscribed to 1.63 lakh shares, raising ₹2.96 crore. The IPO received a total of 2,061 applications across all categories.
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Details About Active Infrastructures IPO
Active Infrastructures IPO opened for subscription and closed with allotment finalized before its listing on the NSE SME platform. The IPO comprised 43 lakh fresh equity shares with a price band of ₹181. QIBs were allocated up to 50% of the issue, retail investors at least 35%, and HNIs at least 15%. Retail investors applied for a minimum of 3,000 shares per lot.
Established in 2007, Active Infrastructures Limited specializes in infrastructure and commercial construction across Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura. The company reported revenue of ₹97.43 crore in the latest fiscal year, up from ₹89.59 crore in the previous year, with PAT increasing to ₹10.45 crore from ₹9.87 crore. It holds a notable highway project under Digvijay Shradha Infrastructure, valued at ₹70 crore, and has investments in real estate through Stargate Ventures LLP and Solus LLP. With 53 permanent employees and 80-90 contractual workers, the company continues to expand in India’s infrastructure sector.
Active Infrastructures IPO Financial Performance
Active Infrastructures Limited has shown steady financial growth over recent years. As of the latest reporting period, the company’s total assets stood at ₹97.16 crore, with total revenue reaching ₹33.90 crore. For the full fiscal year, total revenue increased to ₹97.43 crore in the latest year from ₹89.59 crore the previous year.
Net profit (PAT) also grew to ₹10.45 crore from ₹9.87 crore. Shareholder equity improved significantly, rising to ₹32.51 crore from ₹28.84 crore, supported by an increase in reserves and surplus to ₹24.81 crore. Meanwhile, total debt has been gradually decreasing, reducing from ₹109.19 crore to ₹56.09 crore, reflecting the company’s efforts to strengthen its financial position.