With more than 55,000 active construction projects, the construction equipment rental industry in India is projecting a 10.1% CAGR, as it plans to grow from ₹398.2 billion in FY25 to ₹643.8 billion by FY30. Amidst these trends, AGGCON Equipment International Pvt Ltd, a company operating in this space, is gearing up for the AGGCON Equipment International Limited IPO.
While Motilal Oswal Investment Advisors Limited is managing the AGGCON Equipment International Limited IPO, MUFG Intime India Private Limited will be its registrar. View the allotment status. For a more nuanced perspective on the AGGCON Equipment International Limited IPO review, don’t miss out on the AGGCON Equipment International Limited DRHP.
Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
| Particulars | Descriptions |
|---|---|
| Experience | Over 22 Years |
| Industry | Infrastructure equipment rental |
| Diverse Fleet | road construction, earthmoving, material handling, foundation equipment |
| Business | Offer construction equipment to EPC businesses on Rent |
| Promoters | Renu Aggarwal and Jitender Aggarwal |
| Fleet Size | 337 units |
| Operation Scale | 27 States and 5 Union Territories |
| Key Clients | Monte Carlo Limited, Afcons Infrastructure Limited, G.R. Infraprojects Limited, Tata Projects Limited, etc. |
| Industry Organisations | The company is a member of FICCI, COAOI, CIDC, APAOI, AIAI, IWPA, ASSOCHAM |
| Competitors | Tara Chand Infralogistic Solutions Limited, Sanghvi Movers Limited and Vision Infra Equipments Solution Limited |
The following are the key details of AGGCON Equipment International Limited's IPO, including its price, size, date, and more.
AGGCON Equipment International Limited DRHP was filed on 10 July 2025.
The IPO DRHP did not specify the issue opening and closing dates.
| Particulars | Shares | Aggregate Value (₹ Million) |
|---|---|---|
| Fresh Issue | Undisclosed | 3,320.37 |
| Offer for Sale | 9,400,000 | Undisclosed |
| Overall Issue | Undisclosed | Undisclosed |
| Particulars | Amount (₹ Million) |
|---|---|
| Debt repayment | 1,680.03 |
| Equipment Purchase (Capital Expenditure) | 840.35 |
| Other corporate requirements | Undisclosed |
| Particulars | Description |
|---|---|
| Face value (₹) | 1 |
| Price Range (₹) | Undisclosed |
| Lot size | Undisclosed |
| Listed At | NSE and BSE |
| Investor | Allotment |
|---|---|
| QIBs | Maximum 50% of the issue |
| NII | Minimum 15% of the issue |
| Individual Investors | Minimum 35% of the issue |
| Particulars | Description |
|---|---|
| Opening Date | Undisclosed |
| Terms of Payment | Complete payment for bid submission |
| Particulars | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue (₹ Million) | 1,640.22 | 1,372.86 | 1,110.06 |
| ROCE (%) | 15.05 | 16.58 | 20.55 |
| EBITDA (₹ Million) | 1,005.75 | 811.86 | 670.70 |
| EBITDA Margin (%) | 61.32 | 59.14 | 60.42 |
| PAT (₹ Million) | 307.15 | 226.44 | 279.24 |
| PAT Margin (%) | 18.60 | 16.36 | 24.96 |
| Debt-to-Equity Ratio | 2.73 | 2.43 | 1.99 |
| ROE | 24.73 | 23.24 | 38.73 |
Integrated Provider: The company owns a range of different equipment that can address different types of construction for different purposes.
Seamless Service: The company, owing to its strong relations with stakeholders, claims to provide seamless service. Redeployment of rented equipment, from one customer to another, happens within 7 to 10 days.
One-Stop Solution: The company offers all types of construction equipment, meeting different customer needs, as per its DRHP.
Experience: The 22+ years of company experience are backed by 40+ years of collective experience of promoters in this industry, along with prominent support from senior executives.
Capital-Intensive Business Model: The business model requires substantial working capital and capital expenditure to meet its business objectives.
Equipment Shortages: Inability to secure equipment due to price fluctuations, delays, and other hurdles can impact the business.
Dependent on Other Sectors: The company relies heavily on the optimal performance of railways, roadways and other such sectors.
Government Projects: The company is dependent on project awards by public sector undertakings and other government entities.
As of 11 October 2025, the AGGCON Equipment International Limited IPO GMP is not available. However, for a complete review of the AGGCON Equipment International Limited IPO, don’t miss out on the offer documents and the ultimate FinnPick analysis. Moreover, GMP changes often. Check the latest GMP here. You must also find the live subscription numbers. Apply now.
What is the AGGCON Equipment International Limited IPO GMP?
As of 11 October 2025, the AGGCON Equipment International Limited IPO GMP is unavailable. However, it may change soon. For the latest sentiment, you can look for the GMP updates.
What is the AGGCON Equipment International Limited IPO?
The open and closing dates of the AGGCON Equipment International Limited IPO are still unavailable. But one can monitor live subscription details in real time.
What is the AGGCON Equipment International Limited IPO?
The AGGCON Equipment International Limited IPO DRHP does not contain the overall issue size. Moreover, the final issue price is not available as of 11 October 2025. Don't forget to check the allotment details.
Do I need a demat account to bid for the AGGCON Equipment International Limited IPO?
Yes, a demat account is required to bid for the AGGCON Equipment International Limited IPO. Click here to get the ultimate list of the top demat account providers.
