Afcons Infrastructure IPO is a combination of fresh issuance of equity shares worth Rs 1,250 crore, and an offer-for-sale of shares worth Rs 4,180 crore promoter Goswami Infratech.
The issue consists of a fresh issue of Rs 580 crore and an offer for sale of upto Rs 3420 crore by its promoter Shiv Chand Kansal. Currently Kandal holds 50 percent stake in the firm.
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