Active Infrastructures IPO
Active Infrastructure Ltd
₹1,06,800 /600 sharesMinimum Investment
Active Infrastructures IPO Listing Details
Listed On | Issue Price | Listing Price | Listing Gains |
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-- | ₹181.00 | ₹181.00 | ₹0.00 (0.00%) |
Active Infrastructures IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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21 Mar ‘25 - 25 Mar ‘25 | ₹1,06,800 | 600 | ₹178 - ₹181 |
Qualified Institutional Buyers | 1.00x |
Non-Institutional Investor | 1.79x |
Retail Individual Investor | 0.54x |
Total | 1.03x |
Active Infrastructures Limited is a construction and infrastructure development company. The company is involved in two key segments: infrastructure development and the construction of commercial projects. In the infrastructure segment, it undertakes the construction of roads, bridges, flyovers, water supply systems, irrigation projects, and other related infrastructure works. In the commercial construction segment, it develops office complexes, retail centres, exhibition halls, private educational institutions, and other commercial spaces.
Active Infrastructures operates pan-India, with completed, ongoing, and upcoming projects in Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura.;
Managing director
Mr. Nitesh Sanklecha
Parent organisation
Active Infrastructure Ltd
Strengths & Financials of Active Infrastructures
The company has an increasing order book. Its ongoing highway project with its subsidiary, Digvijay Shradha Infrastructure Private Limited, has a projected revenue of Rs 70 crore up to March 2025.
Active Infrastructures operates across multiple states, including Maharashtra, Uttar Pradesh, Madhya Pradesh, and Tripura. It also claims to have a diversified project portfolio across infrastructure and commercial construction.
Active Infrastructures claims to follow strict quality standards in material selection and structural design.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 1.10 crore in FY22 to Rs 89.40 crore in FY23 to Rs 97.18 crore in FY24, while PAT increased from Rs 0.09 crore in FY22 to Rs 9.87 crore in FY23 to Rs 10.44 crore in FY24.
The company’s business depends significantly on government contracts. Any adverse changes in government budget allocations for infrastructure or a slowdown in work due to shifts in government policies can be detrimental to the company’s business.
The company, its subsidiaries, promoters, and directors are involved in certain ongoing legal proceedings. Any adverse judgments in these cases could harm the company’s business prospects.
The company relies on external suppliers for construction materials such as steel, cement, and other raw materials, but does not have long-term supply agreements with them. The top 10 suppliers contributed Rs 11.56 crore (56.66%), Rs 18.68 crore (57.99%), Rs 19.46 crore (40.10%) and Rs 8.49 crore (50.40%) in FY22, FY23, FY24, and the six months ending September 30, 2024, respectively, to the total purchases. Any disruption in the supply of these materials, price fluctuations, or inability to source raw materials on favourable terms can adversely affect the company’s project timelines, cost structure, and financial performance.
The company has entered into a joint venture to execute a certain project. If the joint venture partner fails to meet contractual obligations, it could lead to project delays, legal disputes, or financial losses for the company.
Some of the subsidiaries and promoter group entities are engaged in a similar line of business to Active Infrastructures. There are no non-compete agreements between Active Infrastructures and such entities. As a result, there could be a clash of interests between them in future, which may adversely affect the company’s business operations and financial condition.
Active Infrastructures Financials
*All values are in Rs. Cr
Application Details of Active Infrastructures IPO
Apply as | Price band | Apply upto |
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Regular | ₹178 - 181 | ₹2 - 5 Lakh |
High Networth Individual | ₹178 - 181 | ₹2 - 5 Lakh |
For Active Infrastructures IPO, eligible investors can apply as Regular.