Afcons Infrastructure IPO
Construction/EPC - Listed on 04 November 2024
Afcons Infrastructure IPO listing summary
Afcons Infrastructure (Construction/EPC) closed its IPO window in 2024 and listed on NSE and BSE on 04 November 2024 at an upper band issue price of Rs 463, opening at Rs 426 for a listing gain of -8.0% and closing day one at Rs 474.2 (+2.4% on closing basis). The IPO was subscribed 2.63x overall - QIB 3.79x, HNI/NII 5.05x, Retail 0.94x. The total issue size was Rs 5,430 Cr (Fresh Issue Rs 1250 Cr, OFS Rs 4180 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Afcons Infrastructure IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 50 | 0.00% |
| Day 2 | Rs 60 | +1.08% |
| Day 3 | Rs 60 | +7.99% |
| Day 4 | Rs 20 | +5.40% |
| Day 5 | Rs 37 | +4.32% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Afcons Infrastructure IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Afcons Infrastructure IPO - FAQs
What was the listing gain of Afcons Infrastructure IPO?
Afcons Infrastructure IPO listed at -8.0% versus the upper issue price of Rs 463 on 04 November 2024.
How many times was Afcons Infrastructure IPO subscribed?
Afcons Infrastructure IPO was subscribed 2.63x overall. QIB portion was subscribed 3.79x, HNI / NII 5.05x and Retail 0.94x.
What was the IPO GMP for Afcons Infrastructure?
IPO GMP started at Rs 50 on Day 1 and moved to Rs 37 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.