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Afcons Infrastructure IPO Day 2 Live Updates: Issue 16% Subscribed So Far; GMP and other key details
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Afcons Infrastructure IPO Day 2 Live Updates: Issue 16% Subscribed So Far; GMP and other key details

Afcons Infrastructure IPO Day 2 LIVE Updates: The initial public offering (IPO) of Afcons Infrastructure Ltd, the flagship infrastructure company of the Shapoorji Pallonji Group, opened for subscription on Friday, October 25 and today enters into second day of offer. The public broadcast will remain open until Tuesday October 29. The Afcons Infrastructure IPO price range has been set at 440 to 463 per equity share. At the high end of the price range, the company plans to increase 5,430 crore from the booked issue, which is a combination of a fresh issue of 2.7 crore shares of capital value 1,250 crores and offer for sale of 9.03 crore shares amounting to 4,180 million. On the first day of the offering, the Afcons Infrastructure IPO was subscribed to a total of 10%. Stay tuned to our Afcons Infrastructure IPO live blog for the latest updates: