The issue opened for bidding on Friday (21 March 2025) and it will close on Tuesday (25 March 2025). The price band of the IPO is fixed between Rs 178 to Rs 181 per share. The minimum order quantity is 600 equity shares. The equity shares will list on NSE’s SME platform.

The IPO comprises fresh issue of 43,00,200 equity shares. The promoter and promoter group shareholding will dilute to 71.36% from 99.99% pre-issue.

About 2,16,000 equity shares will be reserved for subscription by market makers to the issue. The net issue comprises of 38,39,400 equity shares. The issue and the net issue will constitute 28.64% and 27.57%, respectively, of the post issue paid up equity share capital of the company.

The company intends to utilize the net proceeds to meet funding working capital requirements of the company, repayment/prepayment of certain borrowings availed by the company and margin money for obtaining bank guarantees, capital expenditure towards the purchase of construction equipment and general corporate purposes.

Ahead of the Active Infrastructures on Thursday, 20 March 2025, raised Rs 4.43 crore from anchor investors. The board has allotted 2.44 lakh shares at Rs 181 per share to 2 anchor investors.

Active Infrastructures primarily operates in two key segments: infrastructure and the construction of commercial projects. In the Infrastructure segment, the focus is on the construction of roads (including bridges), flyovers, water supply systems, irrigation projects and other related infrastructure activities. In the construction of commercial projects segment, the company is involved in the development of various spaces, including office complexes, retail centers, exhibition halls, retail outlets, private educational institutions and other facilities. The company operates on a pan-India scale, with completed, ongoing, and upcoming projects located in the states of Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura. The company had a total of 53 employees and an additional 150-160 contractual employees across various sites.

The company recorded revenue from operations of Rs 33.67 crore and net profit of Rs 5.55 crore for the period ended 30 September 2024.