₹39.92 Crores | Listing at BSE, NSE | Mon, Apr 7, 2025 - Fri, Apr 25, 2025
A B Infrabuild Limited Rights Issue comprises 1.06 Cr equity shares aggregating to ₹39.92 Cr, offered at an issue price of ₹37.5 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Mar 10, 2025, with the Rights Issue being offered in the entitlement ratio of 1 : 5.
The term of payment is defined as following : The Full amount of Rs. 37.50 per Equity Share is payable on application.
The Rights Entitlements are expected to be credited to eligible demat accounts on May 2, 2025.
The Rights Issue opens on Apr 7, 2025, and closes on Apr 25, 2025, with renunciation of Rights Entitlements permitted up to Apr 15, 2025.
The deemed date of allotment is May 2, 2025, following which the equity shares are expected to be credited to demat accounts on May 8, 2025 and listed at the NSE and the BSE on May 14, 2025.
Navigant Corporate Advisors Ltd. is the Lead Manager to the issue and Bigshare Services Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the A B Infrabuild Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Mon, Mar 10, 2025
Entitlement Ratio
1 : 5
Open Date
Mon, Apr 7, 2025
Close Date
Fri, Apr 25, 2025
The Full amount of Rs. 37.50 per Equity Share is payable on application.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 156.62 | 125.24 |
| Revenue | 184.49 | 123.79 |
| Profit After Tax | 11.42 | 7.54 |
| Net Worth | 81.55 | 35.32 |
| Total Borrowing | 41.1 | 32.31 |
| Amount in ₹ Crore | ||
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.
The Company proposes to utilize the net proceeds from the Issue towards funding the following objects:
[Dilip Davda] ABIL is engaged in infra related construction activities. It largely deals with government bodies for its contracts. After steady progress for FY23 and FY24 in its financial performance, it marked a minor setback for 9M of FY25 that raise alert, despite its strong order book. Despite this RI is at a discount of around 58%, Well-informed investors may park moderate funds for the long term. Read detail review...
A B Infrabuild Rights Issue 2025 got oversubscribed by 1.39 times by the end of the bidding period with total bid quantity received by BSE and NSE of 1,47,83,058 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Apr 25 2025 17:00:00 | 1,41,90,000 | 5,93,058 | 1,47,83,058 | 1.39x |
A B Infrabuild Limited
104, 1st Floor, Shubhangan CHS Ltd.,
Jawahar Nagar Railway Station Crossing,
Goregaon West, Mumbai - 400062
Goregaon, Maharashtra, 400062
The A B Infrabuild Rights Issue 2025 opens on Mon, Apr 7, 2025, and closes on Fri, Apr 25, 2025.
A B Infrabuild Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Wed, Apr 2, 2025 |
| Last Date for renunciation of Rights Entitlements | Tue, Apr 15, 2025 |
| Issue Opening Date | Mon, Apr 7, 2025 |
| Issue Closing Date | Fri, Apr 25, 2025 |
| Date of Allotment (on or about) | Fri, May 2, 2025 |
| Date of Credit (on or about) | Thu, May 8, 2025 |
| Date of Listing (on or about) | Wed, May 14, 2025 |
You can apply for A B Infrabuild Rights Issue 2025 in two ways:
Steps to apply for A B Infrabuild Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for A B Infrabuild Rights Issue 2025 using Registrar's website (R-WAP)
