Active Infrastructures Limited, a civil construction company specializing in infrastructure and commercial projects, is set to launch its IPO to raise ₹77.83 crores. The IPO, priced between ₹178 and ₹181 per share, will open on March 21, 2025, and close on March 25, 2025. Founded in 2007, Active Infrastructures focuses on projects such as roads, bridges, water systems, irrigation works, and commercial spaces like office complexes and retail centers. With operations spanning multiple states in India, the company reported revenue growth from ₹89.59 crore in FY 2023 to ₹97.43 crore in FY 2024, with a net profit of ₹10.45 crore.
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₹181
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Expert Opinions
The market sentiment for Active Infrastructures IPO is positive, supported by its strong financial performance and the growing demand in India’s infrastructure sector. The company’s strengths include an experienced management team, a diversified project portfolio across roads, bridges, and commercial spaces, and a focus on quality and timely delivery. However, risks such as high debt levels (Debt/Equity ratio of 2.25) and competition in the construction industry remain challenges.
In FY 2024, the company reported a Return on Equity (ROE) of 36.22%, Return on Capital Employed (ROCE) of 14.90%, and a Net Asset Value (NAV) of ₹26.91. From a long-term perspective, Active Infrastructures is well-positioned to benefit from India’s infrastructure growth initiatives like Smart Cities Mission and the National Infrastructure Pipeline. While short-term investors may face market volatility, long-term investors could see substantial returns as the company expands its operations and order book.
Investor Considerations
When evaluating Active Infrastructures IPO, investors should consider the company’s solid performance and fundamentals, highlighted by revenue growth from ₹89.59 crore in FY 2023 to ₹97.43 crore in FY 2024, with a PAT Margin of 10.75%. The sector outlook is favorable, driven by India’s increased infrastructure spending under Budget 2025, which prioritizes transport projects and urban redevelopment.
The IPO valuation metrics include a Price to Book Value of 6.73, a PAT Margin of 10.75% and a Debt/Equity ratio of 2.25. Growth prospects are promising due to the company’s diversified project portfolio and ongoing highway construction projects. However, risks such as high debt levels and competitive pressures in the construction sector remain concerns. Short-term investors may face volatility, while long-term investors could benefit from the company’s alignment with India’s infrastructure growth initiatives and its expanding order book. Strategic execution and government support enhance its long-term potential.
| Date | GMP | Trend |
|---|---|---|
| 27 Mar 2025 11.13 | ₹00 | --- |
| 26 Mar 2025 11.21 | ₹00 | --- |
| 25 Mar 2025 11.06 | ₹00 | --- |
| 24 Mar 2025 11.16 | ₹00 | --- |
| 22 Mar 2025 11.17 | ₹00 | --- |
| 21 Mar 2025 10.50 | ₹00 | --- |
| 20 Mar 2025 10.53 | ₹00 | --- |
| 19 Mar 2025 11.22 | ₹00 | --- |
FAQs
The Grey Market Premium showed perfect accuracy in predicting Active Infrastructures’ listing performance. The GMP of ₹0 predicted a flat listing at the issue price, and the stock listed exactly at ₹181 with no gains or losses. With zero prediction error, the GMP perfectly captured the flat listing sentiment, demonstrating complete accuracy in this case.
Active Infrastructures IPO Current GMP is ₹00.
Active Infrastructures IPO Expected Returns is 0.00%.
Active Infrastructures IPO estimated listing price is ₹181.