AVP Infracon Limited IPO is an NSE SME IPO. They are going to raise ₹52.34 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.
AVP Infracon Limited IPO opens for subscription on March 13, 2024, and closes on March 15, 2024. The allotment for the AVP Infracon Limited IPO is expected to be finalized on March 18, 2024. AVP Infracon Limited IPO will list on NSE SME with tentative listing date fixed as March 20, 2024.
| IPO Details | allotment |
| Minimum Investment ₹120,000 /1 Lot (1600 shares) | Price Range ₹71-₹75 | |
| Max Quantity 1 Lots/1600 Shares | Max Investment ₹120,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 52.34 Cr | Employee Discount ₹0 |
| Total Issue Size 6,979,200 Shares (aggregating up to ₹52.34 Cr) | Share Holding Pree Issue 18,000,000 | Issue Type Book built Issue IPO |
| Fresh Issue Share 6,979,200 Shares (aggregating up to ₹52.34 Cr) | Share Holding Post Issue 24,979,200 | Listing At NSE SME |
| Market Maker Portion 731,200 shares (Share India Securities) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 13 March 2024 |
| Offer Ends | 15 March 2024 |
| Allotment | 18 March 2024 |
| Refunds | 19 March 2024 |
| Credit of shares to Demat account | 19 March 2024 |
| IPO Listing | 20 March 2024 |
About AVP Infracon Limited
AVP Infracon Limited was established in 2009 and is engaged in the construction of road projects on the basis of Bill of Quantities (BOQ) and Engineering, Procurement and Construction (EPC). The company was previously known as AVP Constructions Private Limited.
AVP Infracon is a dynamic private sector firm involved in the construction of road projects based on Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) methods. Their Company is engaged in the business of construction and transacts the business to construct, build, alter, acquire, convert, improve, design, erect, establish, equip, develop, dismantle, pull down, level, decorate, fabricate, reconstruct, renovate, remodel, rebuild all types of infrastructure developmental works, constructions works such as technically complex and high-value projects like Expressways, National Highways, Flyovers, Bridges and Viaducts, Irrigation Projects, Urban Development – Civic amenities, Hospitals, warehouses, hotels, and other Commercial and Residential Projects. They have in-house capabilities to deliver a project from conceptualization to completion with a fast turnaround time from acquisition to launch to completion, which focuses on de-risking and improving return on investment.
The company bids for construction of roads, bridges, irrigation and canal projects, flyovers and industrial areas, mainly in the state of Tamil Nadu.
| Founded in | Managing Director |
| 2009 | Mr. |
Share Holding
| Share Holding Pre-Issue | 86.5% |
| Share Holding Post-Issue | 62.34% |
AVP Infracon Limited IPO Prospectus
| AVP Infracon Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹11,550.09 | ₹7,174.20 | ₹6,312.17 |
| Assets | ₹1,670.84 | ₹5,892.20 | ₹4,917.36 |
| Profit | ₹1,205.31 | ₹276.78 | ₹170.5 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 187.34 Cr | ROE | 25.05% |
| P/E (X) | 11.2 | ROCE | 22.63% |
| POST P/E (X) | 12.77 | EPS | 6.7 |
| Debt to Equity | RONW | 25.05% |
Objects of the Issue
The Objects of the company is to raise funds for:
- To Purchase Capital Equipment
- To Meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses
Brokerage Firm IPO Review
- To be updated soon
| AVP Infracon Limited Contact Details | |
| Address | AVP Infracon Limited Plot No. E-30, Second floor, 2nd Avenue, Besant Nagar, Chennai- 600090 |
| Phone: | +91-44-48683999 |
| cs@avpinfra.com | |
| Website | http://www.avpinfra.com/ |
| AVP Infracon Limited IPO Registrar | |
| . | Purva Sharegistry India Pvt Ltd |
| Phone | +91-022-23018261/ 23016761 |
| support@purvashare.com | |
| Website | https://www.purvashare.com/investor-service/ipo-query |
| AVP Infracon Limited IPO Allotment Status Check |
| AVP Infracon Limited IPO Allotment Status Check Click Here |
| AVP Infracon Limited Lead Managers | |
| Share India Capital Services Private Limited 14, Dayanand Vihar, Near Karkardooma Metro Station, Delhi-110092, India | |
| Phone | +91-11-43011000 |
| info@shareindia.com | |
| Website | http://www.shareindia.com/ |
AVP Infracon Limited IPO FAQs
What is AVP Infracon Limited IPO?
- AVP Infracon Limited IPO is an NSE SME IPO. They are going to raise ₹52.34 Crores via IPO. The issue is priced at ₹71 to ₹75 per equity share. The IPO is to be listed on NSE.
- The IPO opens on March 13, 2024, and closes on March 15, 2024.
When AVP Infracon Limited IPO will open?
- The IPO is to open on March 13, 2024, for NII, and Retail Investors. and closes on March 14, 2024
What is AVP Infracon Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 35%, and Retail is 35%.
What is AVP Infracon Limited IPO Size?
- AVP Infracon Limited IPO size is ₹52.34 crores.
What is AVP Infracon Limited IPO Price Band?
- AVP Infracon Limited IPO Price Band is ₹71 to ₹75 per equity share.
What is AVP Infracon Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1600 Shares) with ₹120,000. and Maximum Lot Size 1 Lots (1600 Shares) with ₹120,000
What is AVP Infracon Limited IPO Allotment Date?
- AVP Infracon Limited IPO allotment date is March 18, 2024.
What is AVP Infracon Limited IPO Listing Date?
- AVP Infracon Limited IPO listing date is March 20, 2024. The IPO to list on NSE.