Afcons Infrastructure Limited Pre-IPO - The Negatives - But Overdue Trade Receivables Increasing

287 Views26 Apr 2024 09:00
Afcons Infrastructure Limited (6595396Z IN) is looking to raise US$840m in its upcoming India IPO. In this note, we talk about the not-so-positive aspects of the deal.
What is covered in the Full Insight:
  • Introduction to Afcons Infrastructure Limited
  • Outstanding Trade Receivables
  • Customer Concentration Risk
  • Cash Conversion Cycle Trend
  • Purpose of the IPO listing
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