Active Infrastructures' SME IPO opens for subscription today, March 21, 2025, and will close on March 25. The firm plans to mobilize ₹77.83 crore through a fresh issue of 4.30 million equity shares. The price band is ₹178-181 per share with a lot size of 600 shares. The IPO raised ₹4.43 crore from anchor investors already. Grey market premium (GMP) is now zero. Allotment on March 26 with listing on NSE SME on March 28. The issue proceeds will be utilized to meet working capital requirements, repayment of debt, and capital spending. The company is engaged in infrastructure development and commercial construction projects spread across several states in India.
Source: Economic Times