Afcons Infrastructure IPO opens for subscription. Should you bid?

October 25, 2024

Afcons Infrastructure IPO GMP: The initial public offering (IPO) of Afcons Infrastructure, a Shapoorji Pallonji company, opened for subscription on Friday and will close on October 29. The offering includes a fresh issue of shares valued at Rs 1,250 crore and an OFS of up to Rs 4,180 crore by promoter. Current GMP of Afcons is Rs 60, indicating a premium of 13% to the issue.

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