FREE Account Opening + No Clearing Fees
Loading...

A B Infrabuild Limited Rights Issue (A B Infrabuild Rights Issue 2024) Detail

September 24, 2024 - October 4, 2024
A B Infrabuild Limited Logo

A B Infrabuild Limited was founded in 2011 and mainly provides Road Over Bridge (ROB) and Foot Over Bridge (FOB) related services.

The company also provides services in the areas of new station infrastructure, civil and structural works, track construction, track connections, gauge conversion, and new rail lines. The company is also involved in the construction of road contracts, infrastructure and steel mill bridges.

A B Infrabuild is a contractor of PWD Maharashtra and the Municipal Corporation of Greater Mumbai. As a contractor, it has an AA rating for creating infrastructure and operating a ready-mix concrete plant.

The company's major clients include GCC Hotel Private Ltd, Sky Way Infrastructure Private Limited, Krypton Corp, Dev Engineers, Dedicated Freight Corridor Corporation of India Ltd, Central Railway, Mumbai Metropolitan Region Development Authority, Western Railway, Mumbai Railway Vikas Corporation Ltd and Municipal Corporation of Greater Mumbai.

A B Infrabuild Rights Issue 2024 Detail

Issue Open September 24, 2024 - October 4, 2024
Security Name A B Infrabuild Limited
Issue Size (Shares) 5,527,166
Issue Size (Amount) ₹9.95 Crores
Issue Price ₹18 per share
Face Value ₹10 per share
Listing At NSE
Terms of Payment

Full amount of Rs. 18 per Equity Share is payable on application.

Entitlement 1 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date

A B Infrabuild Rights Issue 2024 Issue Timetable

Last Date to buy sharesMay 16, 2024
Record Date May 17, 2024
Credit of Rights Entitlements September 19, 2024
Bid/Offer Opens On September 24, 2024
Renunciation of Rights Entitlements September 27, 2024
Bid/Offer Closes On October 4, 2024
Deemed Date of Allotment October 10, 2024
Credit Date October 16, 2024
Listing Date October 21, 2024

Company Financials

A B Infrabuild Limited Financial Information (Restated)

A B Infrabuild Limited's revenue increased by 49% and profit after tax (PAT) rose by 51% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets156.62125.24103.1113.44
Revenue184.49123.7964.662.45
Profit After Tax11.427.540.86-2.23
Amount in ₹ Crore

Objects of the Issue:

The Company proposes to utilize the net proceeds from the Issue towards funding the following objects:

  1. To part finance Working Capital;
  2. To meet General corporate purposes; and
  3. To meet the expenses of the Issue.

A B Infrabuild Rights Issue 2024 Subscription Status

A B Infrabuild Rights Issue 2024 is subscribed 0.11 times as on September 26, 2024 5:01:06 PM. The total bid quantity received by NSE is 633,000 shares.

A B Infrabuild Rights Issue 2024 Documents

A B Infrabuild Rights Issue 2024 Rating

2
5.0
Rating:Rated 5.0 stars
Vote Here ...

A B Infrabuild Rights Issue 2024 Reviews

Company Contact Information

A B Infrabuild Limited
104, 1st Floor, Shubhangan CHS Ltd.,
Jawahar Nagar Railway Station Crossing,
Goregaon West, Mumbai - 400062

Phone: 28712114
Email: accounts@abinfrabuild.com
Website: https://www.abinfrabuild.com/

A B Infrabuild Rights Issue 2024 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightsissue@bigshareonline.com
    Website: https://ipo.bigshareonline.com/ipo_status.html

A B Infrabuild Rights Issue 2024 Lead Manager(s)

A B Infrabuild Rights Issue 2024 FAQs

The A B Infrabuild Rights Issue 2024 opens on September 24, 2024, and closes on October 4, 2024.

A B Infrabuild Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsSeptember 19, 2024
Last Date for renunciation of Rights EntitlementsSeptember 27, 2024
Issue Opening DateSeptember 24, 2024
Issue Closing DateOctober 4, 2024
Date of Allotment (on or about)October 10, 2024
Date of Credit (on or about)October 16, 2024
Date of Listing (on or about)October 21, 2024

A B Infrabuild Rights Issue 2024 price is set at ₹18 per share per equity share.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date (May 17, 2024).

The record date for the A B Infrabuild Rights Issue 2024 is May 17, 2024.

The issue size of A B Infrabuild Rights Issue 2024 is of 5,527,166 equity shares at ₹18 per share aggregating upto ₹9.95 Crores.

The Letter of Offer for A B Infrabuild Rights Issue 2024 can be download here.

You can apply for A B Infrabuild Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for A B Infrabuild Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the A B Infrabuild Rights Issue 2024 available on the list.
  4. Click the Apply button next to the A B Infrabuild Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for A B Infrabuild Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select A B Infrabuild Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

1 Comments

1. Murthy   I Like It. |Report Abuse|  Link|September 16, 2024 9:55:11 PMReply
Can I get the letter of offer document please?

Compare rights issues with A B Infrabuild Rights Issue 2024