Active Infrastructures IPO opens March 21, 2025

Active Infrastructures Ltd is set to launch its initial public offering (IPO) on March 21, 2025. The IPO will remain open for subscription until March 25 and aims to raise up to ₹77.83 crore. The company, based in Nagpur, focuses on infrastructure projects like roads, bridges, and water supply systems. The price range for the shares is set at ₹178 to ₹181. If fully subscribed at the upper limit, the funds will help with business expansion, working capital, and equipment purchases. The public offering consists of a fresh issue of 4,300,200 equity shares at a face value of ₹5 each. Of the total amount raised, ₹38.98 crore will be allocated for working capital, ₹16.72 crore for repaying loans, and ₹7.05 crore for purchasing construction equipment. The minimum investment for the IPO is ₹1,08,600 for 600 shares at the upper price of ₹181. Retail investors can apply for at least 50.01% of the shares, while institutional investors are limited to 10%. Active Infrastructures, established in 2007, operates across various states, including Maharashtra and Madhya Pradesh. The company prides itself on delivering quality projects in infrastructure and commercial construction. For FY23-24, the company reported revenues of ₹97.43 crore and a net profit of ₹10.45 crore. By September 2024, it had generated ₹33.90 crore in revenue with a net profit of ₹5.56 crore. The IPO shares will be listed on the NSE Emerge platform.