The A B Infrabuild Limited Buyback date has been confirmed from April 29, 2024 – May 13, 2024. Read the post to learn about A B Infrabuild Limited Buyback GMP.
The A B Infrabuild Limited Buyback is a fixed issue size of ₹9.95 Crores. The company also offers services for new station infrastructure, civil and structural works, track building, track connections, gauge conversion, and new train lines. The company also works on road and infrastructure projects, as well as steel mill bridges.
Start your investing journey today. Find the latest information on Upcoming Buyback.
Key Details Of A B Infrabuild Limited Buyback :
Bidding Dates
Apr 29-May 13
Issue Size
₹9.95 Crores
Face Value
₹10 per share
Record Date
April 5, 2024
A B Infrabuild Limited Buyback
The A B Infrabuild Limited Record Date is April 5, 2024.
A B Infrabuild Limited Buyback Overview
A B Infrabuild Limited was established in 2011 and primarily offers Road Over Bridge (ROB) and Foot Over Bridge (FOB) related services. The company also offers services for new station infrastructure, civil and structural works, track building, track connections, gauge conversion, and new train lines.
The company also works on road and infrastructure projects, as well as steel mill bridges. A B Infrabuild is a contractor for PWD Maharashtra and the Municipal Corporation of Greater Mumbai. As a contractor, it has an AA grade for infrastructure development and ready-mix concrete plant operations.
A B Infrabuild Limited Rights Issue Detail
| Issue Open | April 29, 2024 – May 13, 2024 |
| Security Name | A B Infrabuild Limited |
| Issue Size (Shares) | 5,527,166 |
| Issue Size (Amount) | ₹9.95 Crores |
| Issue Price | ₹18 per share |
| Face Value | ₹10 per share |
| Listing At | NSE |
| Terms of Payment | Full amount of Rs. 18 per Equity Share is payable on application. |
| Entitlement | 1 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date |
A B Infrabuild Limited Ltd Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 125.24 | 103.10 | 113.44 |
| Revenue | 123.79 | 64.60 | 62.45 |
| Profit After Tax | 7.54 | 0.86 | -2.23 |
| Amount in ₹ Crore | |||
A B Infrabuild Limited Buyback Timeline
| Last Date to buy shares | April 4, 2024 |
| Record Date | April 5, 2024 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | April 29, 2024 |
| Renunciation of Rights Entitlements | May 6, 2024 |
| Bid/Offer Closes On | May 13, 2024 |
| Deemed Date of Allotment | |
| Credit Date | |
| Listing Date |
Company Profile
The company’s major clients include GCC Hotel Private Limited, Sky Way Infrastructure Private Limited, Krypton Corp, Dev Engineers, Dedicated Freight Corridor Corporation of India Ltd, Central Railway, Mumbai Metropolitan Region Development Authority, Western Railway, Mumbai Railway Vikas Corporation Ltd, and Municipal Corporation of Greater Mumbai.
Registrar Info
| Name | – |
| Phone number | – |
| Email ID | – |
| Website | – |
Contact Details
| Name | A B Infrabuild Limited |
| Phone number | 28712114 |
| Email ID | [email protected] |
| Website | abinfrabuild.com |
Buyback Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
Buyback Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
A B Infrabuild Limited Buyback FAQs
What is the issue price for A B Infrabuild Rights Issue 2024?
A B Infrabuild Rights Issue 2024 price is set at ₹18 per share per equity share.
In what ratio is the A B Infrabuild Rights Issue 2024 offered?
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 8 fully paid-up Equity Shares held on Record Date (April 5, 2024).
What is the record date for A B Infrabuild Rights Issue 2024?
The record date for the A B Infrabuild Rights Issue 2024 is April 5, 2024.
What is the issue size of A B Infrabuild Rights Issue 2024?
The issue size of A B Infrabuild Rights Issue 2024 is of 5,527,166 equity shares at ₹18 per share aggregating upto ₹9.95 Crores.
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