Active Infrastructures IPO is scheduled to start on March 21, 2025, and will close on March 25, 2025. The IPO allotment is likely to be finalized on March 26, 2025, with a tentative listing date on the NSE SME platform set for March 28, 2025. This book-built issue consists of 43.00 lakh equity shares, entirely a fresh issue, aiming to raise approximately ₹[.] crores. The price band for the IPO is yet to be announced.
The IPO has allocated not more than 50% of the net issue for QIBs, not less than 35% for retail investors, and not less than 15% for HNIs. Retail investors can apply for a minimum of 1 lot (3,000 shares), while HNI investors must apply for at least 2 lots (6,000 shares). Active Infrastructures is a civil construction company specializing in infrastructure development and commercial projects, with operations across Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura. The company reported revenue of ₹97.43 crores in FY24, compared to ₹89.59 crores in FY23, while its profit after tax (PAT) grew to ₹10.45 crores in FY24 from ₹9.87 crores in FY23.
Overview of Contents
About Active Infrastructures IPO
Active Infrastructures Limited, established in 2007, is a civil construction company specializing in infrastructure development and commercial project construction across India. With a strong presence in Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura, the company has successfully undertaken and continues to develop roads, flyovers, bridges, water supply systems, and irrigation projects. Additionally, it is actively engaged in constructing commercial spaces such as office complexes, retail centers, exhibition halls, and educational institutions, catering to the evolving needs of businesses and communities.
As of December 11, 2024, Active Infrastructures Limited has a notable highway project under its subsidiary, Digvijay Shradha Infrastructure, with an estimated revenue of INR 70 crore and completion expected by March 2025. The company also holds a majority stake in two LLPs—Stargate Ventures LLP and Solus LLP—expanding its reach in the real estate and construction industry. Through Stargate Ventures LLP, it has acquired land in Pune, which may serve as a potential site for future developments.
With a commitment to quality, safety, and customer satisfaction, Active Infrastructures employs approximately 80-90 contractual workers as of December 2024, in addition to its 53 permanent employees (as of March 2025). The company’s growth is driven by an experienced management team, optimal resource utilization, and a steadily increasing order book, positioning it as a strong player in India’s infrastructure and construction sector.
Active Infrastructures IPO Overview
| IPO Details | Information |
|---|---|
| IPO Date | March 21, 2025 – March 25, 2025 |
| Listing Date | 28 March |
| Issue Type | Book Built Issue IPO |
| Stock Exchange | NSE SME |
| Face Value | ₹5 per share |
| Issue Price Band | ₹178 to ₹181 Per Share |
| Lot Size | 600 Shares |
| Total Issue Size | 43,00,200 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | 43,00,200 shares (aggregating up to ₹[.] Cr) |
| Pre-Issue Shareholding | 1,07,14,816 shares (99.99%) |
| Post-Issue Shareholding | 1,50,15,016 shares (71.36%) |
| Market Maker Portion | 2,16,000 shares |
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Active Infrastructures IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Active Infrastructures IPO Dates
| Event | Date |
|---|---|
| IPO Opening Date | Friday, March 21, 2025 |
| IPO Closing Date | Tuesday, March 25, 2025 |
| Deadline for UPI Approval | 5 PM on March 25, 2025 |
| Basis of Allotment Finalization | Wednesday, March 26, 2025 |
| Refund Initiation | Thursday, March 27, 2025 |
| Shares Credited to Demat | Thursday, March 27, 2025 |
| Expected Listing Date | Friday, March 28, 2025 |
Active Infrastructures IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 600 | ₹1,08,600 |
| Retail Maximum | 1 | 600 | ₹1,08,600 |
| S-HNI Minimum | 2 | 1200 | ₹2,17,200 |
Object of the Issue
- Working Capital Requirements – ₹389.8M
- Debt Repayment & Bank Guarantee Margin – ₹167.23M
- Construction Equipment Purchase – ₹70.48M
- General Corporate Purposes – Remaining Funds
Active Infrastructures IPO Financial Overview
| Metrics (₹ Crore) | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Total Assets | 97.16 | 107.58 | 98.70 | 126.26 |
| Total Revenue | 33.90 | 97.43 | 89.59 | 1.11 |
| Net Profit (PAT) | 5.55 | 10.45 | 9.87 | 0.09 |
| Shareholder Equity | 32.51 | 28.84 | 18.45 | 11.04 |
| Reserves & Surplus | 24.81 | 22.02 | 17.63 | 10.37 |
| Total Debt | 56.09 | 64.76 | 69.30 | 109.19 |
Active Infrastructures IPO Valuation
| KPI | Values |
|---|---|
| ROE: | 36.22% |
| ROCE: | 14.90% |
| EBITDA Margin: | 17.83% |
| PAT Margin: | 10.75% |
| Debt to equity ratio: | 2.25 |
| Earning Per Share (EPS): | ₹8.48 (Basic) |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 36.22% |
| Net Asset Value (NAV): | ₹26.91 |
Active Infrastructures IPO Review
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
📞 Contact Details – Active Infrastructures Limited
🏢 Address: Riaan Tower, 10th Floor, Mangalwari Road, Sadar, Sadar Bazar, Nagpur – 440001
📱 Phone: +91 7030002840
📧 Email: [email protected]
🌐 Website: activeinfra.in
📝 IPO Registrar – Bigshare Services Pvt Ltd
📱 Phone: +91-22-6263 8200
📧 Email: [email protected]
🌐 Website: Bigshare IPO Status
Active Infrastructures IPO FAQs
What is the IPO date for Active Infrastructures IPO?
The IPO will open on March 21, 2025, and close on March 25, 2025.
On which exchange will Active Infrastructures IPO be listed?
The shares will be listed on NSE SME.
What is the lot size for Active Infrastructures IPO?
The IPO lot size details will be announced in the official prospectus.
How will the IPO proceeds be utilized?
The funds will be used for working capital, loan repayment, construction equipment purchases, and general corporate purposes.
When will the shares be credited to the Demat account?
Shares are expected to be credited to investors’ Demat accounts by March 27, 2025.