Bookbuilding IPO | ₹78 Cr | Listed at NSE SME | Fri, Mar 21, 2025 - Tue, Mar 25, 2025

Active Infrastructures IPO is a book build issue of ₹77.83 crores. The issue is entirely a fresh issue of 0.43 crore shares of ₹77.83 crore.
Active Infrastructures IPO bidding started from Mar 21, 2025 and ended on Mar 25, 2025. The allotment for Active Infrastructures IPO was finalized on Mar 26, 2025. The shares got listed on NSE SME on Mar 28, 2025.
Active Infrastructures IPO price band is set at ₹181 per share. The lot size for an application is 600. The minimum amount of investment required by an retail is ₹1,08,600 (600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (1,200 shares), amounting to ₹2,17,200.
Kreo Capital Pvt.Ltd. was the book running lead manager and Bigshare Services Pvt.Ltd. was the registrar of the issue. The Market Maker of the company is Badjate Stock & Shares Pvt.Ltd..
Refer to Active Infrastructures IPO RHP for detailed Information.
IPO Open
Fri, Mar 21, 2025
IPO Close
Tue, Mar 25, 2025
Issue Price
₹181 per share
Market Cap (Pre-IPO)
₹271.77 Cr
| IPO Date | 21 to 25 Mar, 2025 |
| Listed on | Fri, Mar 28, 2025 |
| Face Value | ₹5 per share |
| Price Band | ₹178 to ₹181 |
| Issue Price | ₹181 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 43,00,200 shares (agg. up to ₹78 Cr) |
| Reserved for Market Maker | 2,16,000 shares Badjate Stock & Shares Pvt.Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 40,84,200 shares (agg. up to ₹74 Cr) |
| Net Offered to Public | 40,84,200 shares (agg. up to ₹74 Cr) |
| Share Holding Pre Issue | 1,07,14,816 shares |
| Share Holding Post Issue | 1,50,15,016 shares |
| NSE Symbol | ACTIVEINFR |
| ISIN | INE0KLO01025 |
Active Infrastructures IPO comprises a total issue size of 43,00,200 shares. The net offer to the public is 40,84,200 shares, after excluding 2,16,000 shares allotted on a firm basis. Of the Net offer 4,08,600 (10.00%) are allocated to QIB, 16,33,200 (39.99%) allocated to NII 20,42,400 (50.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 4,08,600 | 10.00% | 9.50% |
| − Anchor Investor Shares Offered | 2,44,800 | 5.69% | |
| − QIB (Ex. Anchor) Shares Offered | 1,63,800 | 3.81% | |
| NII (HNI) Shares Offered | 16,33,200 | 39.99% | 37.98% |
| Retail Shares Offered | 20,42,400 | 50.01% | 47.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,16,000 | 5.02% | |
| Total Shares Offered | 43,00,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,08,600 |
| Retail (Max) | 1 | 600 | ₹1,08,600 |
| HNI (Min) | 2 | 1,200 | ₹2,17,200 |
Active Infrastructures IPO raises ₹4.43 crore from anchor investors. Active Infrastructures IPO Anchor bid date is March 20, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Mar 20, 2025 |
| Shares Offered | 2,44,800 |
| Anchor Portion (₹ Cr.) | 4.43 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Apr 25, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Jun 24, 2025 |
Incorporated in 2007, Active Infrastructures Limited is a civil construction company. The company specializes in infrastructure development and commercial project construction.
The company focuses on infrastructure projects like roads, bridges, water supply systems, and irrigation, while also constructing commercial spaces such as office complexes, retail centers, exhibition halls, and educational institutions.
The company operates across India, with projects in Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura. It focuses on customer satisfaction, ensuring quality and safety in all completed, ongoing, and upcoming projects.
As of March 13, 2025, the company has 53 permanent and 150 - 160 contractual employees.
Competitive Strengths:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 97.16 | 107.58 | 98.70 | 126.26 |
| Total Income | 33.90 | 97.43 | 89.59 | 1.11 |
| Profit After Tax | 5.55 | 10.45 | 9.87 | 0.09 |
| NET Worth | 32.51 | 28.84 | 18.45 | 11.04 |
| Reserves and Surplus | 24.81 | 22.02 | 17.63 | 10.37 |
| Total Borrowing | 56.09 | 64.76 | 69.30 | 109.19 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working Capital Requirements of the Company. | 38.98 |
| 2 | Repayment/ Prepayment of Certain Borrowings availed by the Company and Margin Money for obtaining Bank Guarantee. | 16.72 |
| 3 | Capital expenditure towards purchase of construction equipments | 7.05 |
| 4 | General Corporate Purpose | 14.01 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 36.22% |
| ROCE | 14.90% |
| Debt/Equity | 2.25 |
| RoNW | 36.22% |
| PAT Margin | 10.75% |
| Price to Book Value | 6.73 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.75 | 7.40 |
| P/E (x) | 18.57 | 24.48 |
| Promoter Holding | 99.99% | 71.36% |
| Market Cap | ₹271.77 Cr. |
The Active Infrastructures IPO is subscribed 1.05 times on March 25, 2025 6:19:00 PM (Day 3). The public issue subscribed 0.57 times in the retail category, 1 times in the QIB category, and 1.66 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 1 | 1,63,800 | 1,63,800 | 2 |
| NII* | 1.66 | 16,33,200 | 27,10,800 | 103 |
| Retail | 0.57 | 20,42,400 | 11,73,000 | 1,955 |
| Total | 1.05 | 38,39,400 | 40,47,600 | 2,061 |
Total Application : 2,061
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead manager(s) fees including underwriting commission | 0.29 |
| 2 | Brokerage, selling commission and upload fees | 0.01 |
| 3 | Registrar to the Issue | 0.01 |
| 4 | Legal Advisors | 0.07 |
| 5 | Advertising and marketing expenses | 0.49 |
| 6 | Regulators including stock exchanges | 0.10 |
| 7 | Printing and distribution of Issue stationary | 0.01 |
| 8 | Others, if any including Market Maker, Monitoring Agency & Concurrent Auditor etc. | 0.11 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹181.00 |
| Open | ₹181.00 |
| Low | ₹171.95 |
| High | ₹181.40 |
| Last Trade | ₹175.60 |
Lead Manager Reports
Active Infrastructures IPO is a SME IPO of 43,00,200 equity shares of the face value of ₹5 aggregating up to ₹78 Crores. The issue is priced at ₹181 per share. The minimum order quantity is 600.
The IPO opens on Fri, Mar 21, 2025, and closes on Tue, Mar 25, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Active Infrastructures IPO using UPI as a payment gateway. Zerodha customers can apply in Active Infrastructures IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Active Infrastructures IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Active Infrastructures IPO opens on Fri, Mar 21, 2025 and closes on Tue, Mar 25, 2025.
Active Infrastructures IPO lot size is 600, and the minimum amount required for application is ₹1,08,600.
You can apply in Active Infrastructures IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Active Infrastructures IPO will be done on Wednesday, March 26, 2025, and the allotted shares will be credited to your demat account by Thu, Mar 27, 2025. Check the Active Infrastructures IPO allotment status.
The Active Infrastructures IPO listing date is on Fri, Mar 28, 2025.