Afcons Infrastructure lists with 7% discount on the BSE
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Afcons Infrastructure has debuted at Rs 430.05 on the BSE, down by 32.95 points or 7.12% from its issue price of Rs 463.00.
The scrip is currently trading at Rs 450.85, down by 12.15 points or 2.62% from its issue price.
It has touched a high and low of Rs 455.50 and Rs 419.85 respectively. So far 12.75 lakh shares were traded on the counter.
The offering, which was open for subscription between October 25, 2024 and October 29, 2024 was subscribed over 2 times. The issue price was fixed at Rs 463.00 per share i.e. at upper end of price band of Rs 440-463 apiece.
Afcons Infrastructure is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji group.
