Company Name | Active Infrastructure Limited |
Company Type | SME |
Sector | Construction |
Promoter Holding – Pre IPO | 99.99% |
Promoter Holding – Post IPO | 71.36% |
Dilution (%) | 28.63% |
Fresh Issue | 43,00,200 Shares – INR 77.83 Cr. |
OFS | – |
Offer Size | INR 77.83 Cr. |
Price Band | INR 178-181 per Share |
Cost for One Lot | INR 1,08,600 |
No. of shares Post-IPO | 1,50,15,016 Shares |
Market Cap | INR 272 Cr. |
FY22 Profit | INR 0.10 Cr. |
FY23 Profit | INR 10 Cr. |
FY24 Profit | INR 10.5 Cr. |
H1FY25 Profit | INR 5.5. Cr. |
P/E | 25x |
Last Year Sales Growth | -30% |
Opening Date | 21-Mar-2025 |
Closing Date | 25-Mar-2025 |
Listing Date | 28-Mar-2025 |
Website | https://activeinfra.in/ |
DRHP | https://nsearchives.nseindia.com/emerge/corporates/content/trampariya_16122024163209_DRHP.pdf |
Question:1 What is the overview of the Company?
Active Infrastructures Limited is a civil construction company engaged in infrastructure development and commercial construction projects. The company operates in two key segments:
- Infrastructure Development – Focuses on constructing roads, bridges, irrigation projects, and water supply systems.
- Commercial Construction – Involves developing office complexes, retail centers, educational institutions, and exhibition halls.
The company has a diversified presence across multiple states in India, including Maharashtra, Madhya Pradesh, Uttar Pradesh, and Tripura. It has a track record of completed and ongoing projects, contributing to stable revenue growth



Question 2: Who are the promoter of the Company ?
Individual Promoters:
- Mr. Sunil Gyanchand Raisoni: A seasoned professional with extensive experience in the construction field, Mr. Raisoni is also associated with the Raisoni Group of Institutions, indicating a strong background in both construction and education sectors.
- Mr. Shreyas Sunil Raisoni: Serving as a Non-Executive, Non-Independent Director, Mr. Raisoni holds a degree in Computer Engineering from Savitribai Phule Pune University. With over seven years of diverse experience, he has contributed to innovative projects, including Smart City initiatives and university ranking systems. He also serves as a Whole-Time Director at Shradha Infraprojects Limited, overseeing large-scale infrastructure projects, and holds directorships in companies spanning technology, hospitality, real estate, and research sectors.
Corporate Promoters:
- Riaan Diagnostic Private Limited: While specific details about this entity’s qualifications and skills are not provided in the available sources, its involvement as a corporate promoter suggests a strategic investment interest in the infrastructure sector.
- Shradha Infraprojects Limited: Established on September 29, 1997, Shradha Infraprojects Limited is an NSE main board-listed company with a robust portfolio of completed construction projects. Its extensive experience in infrastructure development complements Active Infrastructures Limited’s business objectives.
Question 3 : How Company performed in the past?
Particular (INR Cr) | FY22 | FY23 | FY24 | H1FY25 |
Total Revenue | 1 | 89.5 | 97 | 33.5 |
Net Profit | 0.10 | 10 | 10.5 | 5.5 |
Question 4: How much money is the company raising and why?
In the IPO, the company is offering 43 Lakh shares, priced at INR 178-181 per share, aggregating to total of INR 77.83 Cr, with a lot size of 600 shares. For the purpose of:
Funding Working Capital requirements – INR 38.98 Cr.
Repayment of certain borrowings – INR 16.72 Cr.
Capital expenditure towards purchase of construction equipment – INR 7.04 Cr.
General Corporate Purposes
Question 5: Valuation of the company and comparison with other companies
Particular | Market Cap (In Cr.) | P/E |
Active Infrastructure limited | 272 | 25x |
AVP Infracon Limited | 407 | 17x |
V.L. Infraprojects Limited | 67 | 11x |
IPO’s Strength
- Skilled management group.
- Standards and quality assurance.
- Making the best use of available resources.
- An increase in the order book indicates a noticeable expansion.
IPO’s Weaknesses
- The company’s entire revenue comes from Maharashtra, Uttar Pradesh, and Madhya Pradesh. Any political, regulatory, or economic unrest in these areas would affect the business’s operation and profit.
- A sizable part of revenue comes from government-awarded projects. Hence changes in government policies, election outcomes, delays in payments, or scrutiny by regulatory authorities would have adverse effects on the growth and finances of the company.
- The company is dependent on bank loan financing for working capital needs. Therefore, the inability to raise more funds at favorable terms or defaulting on existing loans could restrict business expansion and disrupt operations.
- The operations of the company are subject to exposure and vulnerability to cyclones, floods, terrorist attacks, and geopolitical instability, which cause financial and operational setbacks.
Active Infrastructures Ltd IPO Offer Registrar
The registrar for the Active Infrastructures Limited IPO is Bigshare Services Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Mahakali Caves Road,
Andheri East, Mumbai- 400093,
Maharashtra, India
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.co
Active Infrastructures SME IPO – FAQs
1. What is the allotment date of the Active Infrastructures IPO?
The allotment date of the Active Infrastructures is March 26, 2025.
2. What is the price band of the Active Infrastructures IPO?
The price band of the issue is INR 178-181 per share.
3. What is the size of the Active Infrastructures IPO?
The offer size of Active Infrastructures Limited’s IPO is 43,00,200 fresh shares worth INR 77.83 crores. The company plans to utilise the proceeds for working capital, debt repayment, construction equipment purchases, and general corporate purposes.
4. What is the listing date of the Active Infrastructures IPO?
The listing date of the Active Infrastructures is March 28, 2025.
5. Where is the Active Infrastructures IPO Getting Listed?
Active Infrastructures is getting listed on the National Stock Exchange (NSE)’s Small Medium Exchange (SME) Platform.
6. What are the open and close dates of the Active Infrastructures IPO?
The open and close dates of the Active Infrastructures are March 21, 2025 and March 25, 2025.
8. Who is the Book Runner for the Active Infrastructures IPO?
The Book Runner for Active Infrastructures is Kreo Capital Private Limited.