AVP Infracon Limited IPO

AVP Infracon Limited IPO bidding starts from March 13, 2024 and ends 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. AVP Infracon Limited IPO price band is set at ₹71 to ₹75 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹1,20,000.

Important Dates:-

ParticularsValue
Open Date:-March 13, 2024
Close Date:-March 15, 2024
Allotment Date:-March 18, 2024
Listing Date:-March 20, 2024

About AVP Infracon Limited :-

Established in 2009, AVP Infracon Limited specializes in the construction of road projects based on Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) contracts. Formerly known as AVP Constructions Private Limited, the company offers a wide range of infrastructure development services, including civil works such as expressways, national highways, flyovers, bridges, viaducts, irrigation projects, and urban development encompassing civic amenities, hospitals, warehouses, hotels, as well as other commercial and residential projects.

Operating primarily in the state of Tamil Nadu, the company actively bids for construction projects spanning roads, bridges, irrigation and canal systems, flyovers, and industrial areas.

As of January 2024, AVP Infracon Limited has successfully completed over 40 projects valued at approximately Rs. 31,321.03 lakhs and boasts a workforce of more than 100 employees.

Contact Details :-

Address:- AVP Infracon Limited Plot No. E-30, Second floor, 2nd Avenue, Besant Nagar, Chennai- 600090

Phone:- +91-44-48683999

E-mail:- cs@avpinfra.com

Website:- http://www.avpinfra.com/

IPO Details :-

ParticularsValue
IPO Type:-SME
Price:-₹71 to ₹75
Lot Size:-1600
Minimum Amount for 1 Lot:-1,20,000
Listing At:-NSE SME
Total issue of Shares:-69,79,200
Total issue Size:-52.34 Crore
Fresh issue of Shares:-69,79,200
Fresh issue Size:-52.34 Crore
Face Value:-10 per Equity Share
Retail Quota:-35%
QIB Quota:-50%
NII Quota:-15%

Financial Information :-

Amount in ₹ Lakh

Period Ended31 Oct 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets17,232.8714,670.845,892.304,917.36
Revenue7,411.9011,550.097,174.206,362.17
Profit After Tax855.781,205.31276.88170.05
Net Worth3,405.312,549.66
Reserves and Surplus1,605.312,069.66566.65409.77
Total Borrowing7,791.956,729.31

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-187
ROE:-25.05%
ROCE:-22.63%
Debt/Equity:-1.96
RoNW:-25.05%

IPO Registrar :-

Name:- Purva Sharegistry India Pvt Ltd

Website:- https://www.purvashare.com/investor-service/ipo-query

IPO Prospectus :-

ParticularsLink
AVP Infracon Limited IPO DHRP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
07-03-2024 0750%

Allotment Status:-

ParticularsLink
Check Allotment Status (available on March 18, 2024)Click Here

AVP Infracon Limited IPO FAQ :-

What is the opening date for AVP Infracon Limited IPO?

The AVP Infracon Limited IPO opens on March 13, 2024.

What is the closing date for AVP Infracon Limited IPO?

The AVP Infracon Limited IPO closes on March 15, 2024.

When will the shares be allotted for AVP Infracon Limited IPO?

Shares of AVP Infracon Limited IPO will be allotted on March 18, 2024.

What is the listing date for AVP Infracon Limited IPO?

The listing date for AVP Infracon Limited IPO is March 20, 2024.

What is the price/ price range for AVP Infracon Limited IPO?

The price/ price range for AVP Infracon Limited IPO is ₹71 to ₹75.

What is the minimum lot size for the AVP Infracon Limited IPO?

The minimum lot size for AVP Infracon Limited IPO is 1600 shares.

What is the minimum investment required for retail investors in the AVP Infracon Limited IPO?

The minimum investment required for retail investors in the AVP Infracon Limited IPO is ₹1,20,000.

What type of IPO is the AVP Infracon Limited IPO?

The type of AVP Infracon Limited IPO is SME.

What is the total issue size of the AVP Infracon Limited IPO?

The total issue size of AVP Infracon Limited IPO is ₹52.34 Crore.

How many shares are being offered in the AVP Infracon Limited IPO?

Total 69,79,200 shares are being offered in the AVP Infracon Limited IPO.

What is the face value of AVP Infracon Limited IPO share?

The face value of AVP Infracon Limited IPO share is ₹10.

What is the market capitalization of the AVP Infracon Limited IPO?

The market capitalization of the AVP Infracon Limited IPO is ₹187.34 Crore.

Who is the registrar for the AVP Infracon Limited IPO?

The registrar for the AVP Infracon Limited IPO is Purva Sharegistry India Pvt Ltd.

Where can I check the IPO Allotment status for AVP Infracon Limited IPO?

You can check the IPO Allotment status for AVP Infracon Limited IPO at https://www.purvashare.com/investor-service/ipo-query.

What is the email address and website of AVP Infracon Limited IPO?

The email address of AVP Infracon Limited IPO is cs@avpinfra.com and website is http://www.avpinfra.com/.

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