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
- 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.
- 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:
- The funds will support daily business operations and ensure smooth project execution.
- A portion will be used to repay or prepay certain borrowings and secure bank guarantees, improving financial health.
- Capital will be allocated for acquiring advanced machinery, enhancing operational efficiency and project capabilities.
- Funds will be utilised for general corporate purposes, supporting business development and future opportunities.
- 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:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for the Active Infrastructures IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Active Infrastructures IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- 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
- Contact Number:+91-22-6263 8200
- Email Address: ipo@bigshareonline.com
Active InfrastructuresIPO Registrar
Financial Performance of Active Infrastructures Limited
| Particulars | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|
| Revenue from Operation (in ₹ lakh) | 9,718.33 | 8,939.83 |
| Profit After Tax (PAT) (in ₹ lakh) | 1,044.55 | 986.99 |
| RoE (Return on Equity in %) | 36.22 | 53.49 |
| Total Borrowings (in ₹ lakh) | 6,475.88 | 6,930.06 |
| RoCE (%) | 14.90 | 14.84 |
| Net debt (in ₹ lakh) | 6,490.44 | 6,933.64 |
| EBITDA (in ₹ lakh) | 1,733.08 | 1,306.33 |
Know before investing
Strengths
8Experienced leadership with 25+ years of industry expertise.
Strong quality standards ensure excellence in construction projects.
Efficient resource utilisation enhances productivity and profitability.
₹7,000 lakh order book strengthens future revenue prospects.
Skilled professionals drive project execution and business growth.
Timely project completion optimises cost and client satisfaction.
Expanding footprint across Maharashtra, Uttar Pradesh, MP, and Tripura.
Advanced equipment and skilled workforce ensure a competitive edge.
Risks
8Business is highly dependent on Maharashtra, Uttar Pradesh, and Madhya Pradesh.
Economic or policy changes in these states may impact revenue.
Heavy reliance on government contracts exposes business to policy shifts.
Failure to secure new contracts may affect financial stability.
Construction defects or delays could lead to penalties and losses.
Premature termination of contracts may result in payment disputes.
Inability to provide bank guarantees could limit project opportunities.
Cost overruns may impact profitability and cash flow stability.
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 |
