AVP Infracon Limited IPO (AVP Infracon IPO)

AVP Infracon Limited IPO
Upcoming AVP Infracon IPO | New AVP Infracon IPO

AVP Infracon Limited 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 Express ways, National Highways, Flyovers, Bridges and Viaducts, Irrigation Projects, Urban Development – Civic amenities, Hospitals, warehouses, hotels and other Commercial and Residential Projects.

As of March 2024, the company has total 14 projects including 12 on-going projects worth approximately ₹ 20,188.91 lakhs, and 2 additional projects worth approximately ₹ 3,421.34 lakhs wherein AVP Infracon Limited becomes L1, suggesting its strong order book.

As of March 2024, the company has completed over 40 projects worth around Rs. 31,321.03 lakhs and employs more than 100 people.

AVP Infracon IPO

AVP Infracon IPO – Details

IPO Opening Date13 March 2024
IPO Closing Date15 March 2024
Issue TypeBook Built Issue IPO
Issue Size69,79,200 Shares Worth ₹52.34 Crore
Fresh Issue: 69,79,200 Shares Worth ₹52.34 Crore
Face Value₹10 per equity share
IPO Price₹71 – ₹75
Market Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtNSE SME
RegisterPurva Sharegistry India Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

AVP Infracon IPO – Date Schedule

IPO Open Date13 March 2024
IPO Close Date15 March 2024
Basis of Allotment18 March 2024
Initiation of Refund19 March 2024
Credit of Shares to Demat Account19 March 2024
IPO Listing Date20 March 2024
Cut-off time for UPI mandate confirmation5 PM on March 15, 2024

AVP Infracon IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11600₹1,20,000
Retail (Maximum)11600₹1,20,000
HNI (Minimum)23200₹2,40,000

Competitive Strengths

  • Experienced and Qualified Team.
  • Strong Order Book of roads, bridge and flyovers from state government.
  • Quality Assurance.
  • Experienced Management Team.

Company Promoters

  • Mr. D Prasanna
  • Mr. B Venkateshwarlu

Object Of The Issue

  • To Purchase Capital Equipment,
  • To Meet Working Capital Requirements,
  • General corporate purposes, and
  • To meet Public Issue Expenses.
AVP Infracon IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2023115.5092.1112.0567.29
31 October 202374.1156.708.5577.91
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)11.7
EPS (Rs)6.75.87
P/E (x)11.212.77

AVP Infracon IPO Promoter Holding

Pre Issue Share Holding86.5%
Post Issue Share Holding62.34%

AVP Infracon IPO Prospectus

Company Contact Information

AVP Infracon Limited

Plot No. E-30, Second floor,
2nd Avenue, Besant Nagar,
Chennai- 600090

Phone: +91-44-48683999
Email: cs@avpinfra.com

AVP Infracon IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com

AVP Infracon IPO Lead Manager(s)

1. Share India Capital Services Private Limited

AVP Infracon IPO FAQs

AVP Infracon IPO FAQs
What is AVP Infracon IPO?

AVP Infracon IPO is a SME IPO. The issue is priced at ₹71 – ₹75 per equity share. The IPO is to be listed on NSE SME.
When AVP Infracon IPO will open?

The IPO is to open on 13 March 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors.
How to AVP Infracon IPO?

You can apply AVP Infracon IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the AVP Infracon IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “AVP Infracon”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the AVP Infracon IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “AVP Infracon”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is AVP Infracon IPO Size?

AVP Infracon IPO size is ₹52.34 crores.
What is AVP Infracon IPO Price Band?

AVP Infracon IPO Price Band is ₹71 – ₹75.
What is AVP Infracon IPO Minimum and Maximum Lot Size?

The minimum bid is 1600 Shares with ₹1,20,000 amount while the maximum bid is 1600 shares with ₹1,20,000.
What is the AVP Infracon IPO Allotment Date?

AVP Infracon IPO allotment date is  18 March 2024.
What is the AVP Infracon IPO Listing Date?

AVP Infracon IPO listing date is 20 March 2024. The IPO is to list on NSE SME.
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