₹440 and ₹463 per equity share with a face value of ₹10. The Afcons Infrastructure IPO subscription period is set to begin on Friday, October 25, and will conclude on Tuesday, October 29.As of June 30, 2024, the firm is actively involved in 65 projects across 12 countries, with a cumulative order book valued at ₹317.47 billion.Over the years, the company has broadened its international footprint, especially in Asia, Africa, and the Middle East.
Afcons Infrastructure has undertaken numerous complex, demanding, innovative, and groundbreaking infrastructure projects both in India and globally, as highlighted in the Fitch Report.Stay tuned for latest GMP, subscription status, reviews, more .Afcons Infrastructure IPO GMP today is +60. This indicates Afcons Infrastructure share price was trading at a premium of ₹60 in the grey market, according to investorgain.com.Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Afcons Infrastructure share price is indicated at ₹523 apiece, which is 12.96% higher than the IPO price of ₹463.Based on the last 27 sessions' grey market actions, the current GMP ( ₹60) is indicating a downward trend.
According to investorgain.com analysts, the lowest GMP is ₹0, and the highest is ₹225.'Grey market premium' indicates investors' readiness to pay more than the issue price.Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!
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