In accordance with the DRHP, Rs 168 crore from the contemporary problem will likely be used to repay or prepay borrowings, whereas Rs 84.03 crore will likely be allotted for capital expenditure, primarily in the direction of the acquisition of recent tools. The remaining funds will likely be used for normal company functions.
Based in 2003, Aggcon has emerged as considered one of India’s main infrastructure tools rental corporations catering completely to the development and engineering sectors. With over 337 fleets as of March 31, 2025—starting from earthmoving machines and aerial work platforms to street development and basis tools—the corporate is without doubt one of the few gamers in India providing end-to-end rental providers throughout this spectrum.
Aggcon’s tools is utilized in main infrastructure initiatives throughout 27 states and 5 union territories, with clientele that features Afcons Infrastructure, Tata Initiatives, Monte Carlo, Rahee Infratech, G.R. Infraprojects, and PNC Infratech.
The corporate’s fleet has been deployed in high-profile nationwide infrastructure developments such because the Mumbai Trans Harbour Hyperlink (MTHL), INS Varsha submarine bunker, Kudankulam Nuclear Energy Plant, and the Dhubri-Phulbari Bridge.
Backed by authentic tools makers like L&T Building, Hyundai, Wirtgen, and Sany India, Aggcon reported a 19.47% bounce in income to Rs 164.02 crore in FY25, in comparison with Rs 137.29 crore in FY24. Internet revenue rose 35.64% year-on-year to Rs 30.71 crore, pushed by elevated rental and freight earnings and higher working effectivity.As of March 2025, the corporate had served greater than 500 prospects and purchased 4 subsidiaries—Savbri Worldwide, RJSP Logistics, Remodelers Buildcon, and Max Leases—to strengthen its asset and logistics footprint.
Motilal Oswal Funding Advisors is appearing as the only book-running lead supervisor, whereas MUFG Intime India (Hyperlink Intime) is the registrar. The fairness shares are proposed to be listed on each BSE and NSE.
