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18/03/2025 19:00

Active Infrastructur announces launch of initial public offering

Active Infrastructures Ltd. has announced public offering of 4300200 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 176.00 per share. The gross proceeds of the issue are expected to be Rs 7,783.36 lakhs.

The company's initial public offer (IPO) will open on 21 March 2025 and is expected to close on 25 March 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 178.00-181.00 per share.

The IPO includes a fresh Issue of 4300200 Equity Shares of the Company at an price of Rs 181.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.

Active Infrastructures Ltd. anticipates using the proceeds of the issue for .

Kreo Capital Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.