Afcons Infrastructure fixes price band of Rs 440-463 per share for IPO

Quick Summary:

Shapoorji Pallonji group firm Afcons Infrastructure Ltd on Monday said it has fixed a price band of Rs 440-463 per share for its Rs 5,430-crore Initial Public Offering (IPO), which will open for subscription on October 25.

The issue price has been fixed in the range of Rs 440-463 apiece and investors can bid for a minimum of 32 equity shares and in multiples of 32 thereafter, the company said.

The IPO is a mix of fresh issue worth up to Rs 1,250 crore and an offer of sale up to Rs 4,180 crore, Afcons Infrastructure said here.

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Category: BusinessFinance

Markets: IndiaSingaporeSudan

Topics: Shapoorji Pallonji Group Investment Management Venture Capital Afcons IPO Afcons Infrastructure

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 16:05:22 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 11 lines

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Copyright Owner: © Business Standard

News ID: 23151490

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