Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Aggcon Equipments International Ltd. on October 17, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Aggcon Equipments International Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹332.04 crores and an offer for sale (OFS) of upto 0.94 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Aggcon Equipments International IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹332 Cr) |
| Offer for Sale | 94,00,000 shares of ₹1 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 9,03,35,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Jul 10, 2025 |
| SEBI/Exchange approval received | Fri, Oct 17, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Aggcon Equipments International Ltd is India’s leading and fastest-growing infrastructure equipment rental companies. It provides rental services for all major equipments, including renting earthmoving equipments, road construction, material handling, foundation, concrete, and aerial work platforms.
AGGCON’s fleet consists of equipments of all OEM brands, like Volvo, Wirtgen, ACE, Schwing Stetter, XCMG, SANY, JCB, Manitou, Tata Hitachi, Komatsu, Kobelco, Apollo, MAIT, etc.
The company is also an active member of ASSOCHAM, FICCI, the Construction Equipment Rental Association of India (CERA), the Crane Owners Association of India (COAOI), Construction Industry Development Council (CIDC), etc.
Key Customers: The company serves infrastructure companies, both public and private. Its key customer base includes Afcons Infrastructure Limited, Tata Projects Limited, Monte Carlo Limited, Rahee Infratech Limited, G.R. Infraprojects Limited, etc.
Key Facts As of March 31, 2025:
It has four subsidaries - Savbri International Private Limited, RJSP Logistics Private Limited, Remodelers Buildcon Private Limited and Max Rentals Private Limited.
Competitive strengths
Aggcon Equipments International Ltd.'s revenue increased by 19% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 580.73 | 415.99 | 312.05 |
| Total Income | 165.10 | 138.39 | 111.86 |
| Profit After Tax | 30.72 | 22.64 | 27.92 |
| EBITDA | 100.58 | 81.19 | 67.07 |
| NET Worth | 139.62 | 108.80 | 86.11 |
| Reserves and Surplus | 130.58 | 107.51 | 84.82 |
| Total Borrowing | 381.58 | 265.92 | 172.40 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of certain borrowings availed by the Company; | 168.00 |
| 2 | Capital expenditure towards purchase of equipment | 84.04 |
| 3 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 24.73% |
| ROCE | 15.05% |
| Debt/Equity | 2.73 |
| RoNW | 24.73% |
| PAT Margin | 18.60% |
| EBITDA Margin | 61.32% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.92% |
Lead Manager Reports
Aggcon Equipments International IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Aggcon Equipments International IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Aggcon Equipments International IPO using UPI as a payment gateway. Zerodha customers can apply in Aggcon Equipments International IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aggcon Equipments International IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aggcon Equipments International IPO dates are not announced. Please check back again after some time.
Aggcon Equipments International IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Aggcon Equipments International 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 Aggcon Equipments International IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aggcon Equipments International IPO allotment status.
The Aggcon Equipments International IPO listing date is not yet announced. The tentative date of listing is .
