Contents
- 1 Table of Contents
- 2 A B Infrabuild Rights Issue 2024 Details
- 3 A B Infrabuild Rights Issue 2024 Date
- 4 A B Infrabuild Limited Financial Report
- 5 A B Infrabuild Rights Issue 2024 Calculation
- 6 Objectives Of Issue
- 7 About A B Infrabuild
- 8 A B Infrabuild Rights Issue 2024 Offer Documents
- 9 A B Infrabuild Rights Issue Lead Manager
- 10 A B Infrabuild Rights Issue Registrar
- 11 A B Infrabuild Limited Contact
- 12 A B Infrabuild Rights Issue 2024 FAQs
- 12.1 What is the purpose of A B Infrabuild’s rights issue?
- 12.2 When is the A B Infrabuild’s rights issue scheduled?
- 12.3 How many shares will be issued in the A B Infrabuild’s rights issue?
- 12.4 How many additional shares will existing shareholders receive?
- 12.5 What is the record date for the A B Infrabuild’s rights issue?
A B Infrabuild Rights Issue 2024: A B Infrabuild Limited has announced a rights issue scheduled for June 7 to 21, 2024.
This rights issue represents an opportunity for existing shareholders to purchase additional shares at a discounted price, providing the company with the necessary funds to further expand its operations and continue delivering high-quality infrastructure projects.
See The All Right Issues in 2024
Table of Contents
A B Infrabuild Rights Issue 2024 Details
| Parameter | Details |
|---|---|
| Rights Issue Date | June 7, 2024 to June 21, 2024 |
| Rights Issue Record Date | June 17, 2024 |
| Rights Issue Price | ₹18 per share |
| Issue Size | 55,27,180 Shares |
| Issue Size (₹) | ₹9.95 Crores |
| Issue Entitlement | For every 8 equity shares held on the record date, shareholders will receive 1 equity share. |
| Terms of Payment | Payment is due in full at the time of application. |
| Face Value | INR 10 per share |
| Listing On | NSE |
A B Infrabuild Rights Issue 2024 Date
| Event | Date |
|---|---|
| Deadline for Share Purchase: | June 16, 2024 |
| Record Date | June 17, 2024 |
| Crediting of Rights Entitlements: | June 21, 2024 |
| Bid Opens On | June 7, 2024 |
| Renunciation of Rights Entitlements | June 14, 2024 |
| Bid Closes On | June 21, 2024 |
| Deemed Date of Allotment | Update Soon |
| Credit Date | Update Soon |
| Listing Date | Update Soon |
A B Infrabuild Limited Financial Report
| Financial Year | Revenue (in crores INR) | Expenses (in crores INR) | Operating Margin (%) | Net Income (in crores INR) | RoCE (%) |
|---|---|---|---|---|---|
| FY 2021 | ₹617.8 | ₹617.9 | 6.0 | (₹2.23) | 8.0 |
| FY 2022 | ₹643.2 | ₹639.3 | 8.0 | ₹0.86 | 8.0 |
| FY 2023 | ₹1230.9 | ₹1155.9 | 10.0 | ₹7.54 | 20.0 |
A B Infrabuild Rights Issue 2024 Calculation
| Information | Value |
|---|---|
| A B Infrabuild Rights Issue Price | ₹18 per share |
| Market Price on Rights Issue Approval | ₹53.90 per share |
| Dilution Factor (X) | 1.13 |
| Fair Value After Dilution at Prevailing Price | ₹49.91 per share |
Objectives Of Issue
Covering issue-related expenses.
About A B Infrabuild
Established in 2011, A B Infrabuild specializes in constructing Road Over Bridges (ROB) and Foot Over Bridges (FOB). The company also offers a wide range of services, including new station infrastructure, civil and structural works, track construction, track connections, gauge conversion, and the construction of new rail lines. Additionally, A B Infrabuild is involved in road construction projects, infrastructure development, and steel mill bridge construction.
A B Infrabuild is registered as a Grade “AA” contractor with the Municipal Corporation of Greater Mumbai and as a Class 1(A) Contractor with the Public Works Department of Maharashtra.
Key Clients
The company has built a robust portfolio of major clients, including:
- Krypton Corp
- Dev Engineers
- Dedicated Freight Corridor Corporation of India Ltd
- GCC Hotel Private Ltd
- Sky Way Infrastructure Private Limited
- North Central Railway
- Central Railway
- Mumbai Metropolitan Region Development Authority
- Western Railway
- Central Organisation for Railway Electrification
- Mumbai Railway Vikas Corporation Ltd
- Municipal Corporation of Greater Mumbai
A B Infrabuild Rights Issue 2024 Offer Documents
- A B Infrabuild Rights Issue Application Form
- Offer Latter
A B Infrabuild Rights Issue Lead Manager
Coming soon
A B Infrabuild Rights Issue Registrar
A B INFRABUILD LIMITED
104, 1st Floor, Shubhangan CHS Ltd.,
Jawahar Nagar Railway Station Crossing,
Goregaon West, Mumbai – 400062
Phone: 28712114
Email: accounts@abinfrabuild.com
Website: www.abinfrabuild.com
A B Infrabuild Limited Contact
A B Infrabuild Limited
104, 1st Floor, Shubhangan CHS Ltd.,
Jawahar Nagar Railway Station Crossing,
Goregaon West, Mumbai – 400062
Phone: 28712114
Email: accounts@abinfrabuild.com
Website: https://www.abinfrabuild.com/
A B Infrabuild Rights Issue 2024 FAQs
What is the purpose of A B Infrabuild’s rights issue?
The purpose of A B Infrabuild’s rights issue is to raise funds for the expansion of its operations and the continuation of its infrastructure projects.
When is the A B Infrabuild’s rights issue scheduled?
The A B Infrabuild’s rights issue is scheduled to take place from June 7 to June 21, 2024.
A total of 55,27,180 shares will be issued in the rights issue.
For every 8 equity shares held on the record date, shareholders will receive 1 equity share.
What is the record date for the A B Infrabuild’s rights issue?
The record date for the A B Infrabuild’s rights issue is June 17, 2024.
