Afcons Infrastructure Announces IPO Price Band, Set to Open on October 25
Afcons Infrastructure has set its IPO price band at ₹440-463 per share, opening from October 25 to 29. The IPO size has been reduced to ₹5,430 crore, with a focus on debt repayment and capital expenditures, amid a recent credit rating downgrade. The company has a strong order pipeline, including major projects like the Mumbai-Ahmedabad bullet train tunnel.
By Vishal Kumar
October 22, 2024