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.
AVP Infracon Limited was incorporated in 2009 with a vision to become a leading infrastructure development company in India. In the last decade, they have excelled in diverse projects, including government contracts and national initiatives, earning their reputation as a trusted construction firm in the nation. Their Company has 14 (fourteen) years of experience in the business and has 100+ experienced employees (including contractual) working towards achieving the goal of the Company.
They bid for the construction of Roads, Bridges, Irrigation and Canal Projects, Flyovers, and Industrial Areas, majorly based in the state of Tamil Nadu. 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.
Objects of the Issue:
- To Purchase Capital Equipment
- To Meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses
AVP Infracon IPO Review
- May Apply
AVP Infracon IPO Date & Price Band Details
| IPO Open: | March 13, 2024 |
| IPO Close: | March 15, 2024 |
| IPO Size: | Approx ā¹52.34 Crores, 6,979,200 Equity Shares |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹71 to ā¹75 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
AVP Infracon IPO Market Lot
The AVP Infracon IPO minimum market lot is 1600 shares with a ā¹120,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ā¹120,000 |
| Retail Maximum | 1 | 1600 | ā¹120,000 |
| S-HNI Minimum | 2 | 3200 | ā¹240,000 |
AVP Infracon IPO Dates
The AVP Infracon IPO date is March 13 and the IPO close date is March 15. The IPO allotment date is March 18 and the IPO might list on March 20.
| IPO Open Date: | March 13, 2024 |
| IPO Close Date: | March 15, 2024 |
| Basis of Allotment: | March 18, 2024 |
| Refunds: | March 19, 2024 |
| Credit to Demat Account: | March 19, 2024 |
| IPO Listing Date: | March 20, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
AVP Infracon IPO Form
How to apply AVP Infracon IPO? You can apply AVP Infracon IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the AVP Infracon IPO in the Invest section. The other option you can apply AVP Infracon IPO via IPO forms download via the NSE website. Check out the AVP Infracon forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
AVP Infracon Company Financial Report (Standalone)
| ā¹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ā¹58.18 | ā¹52.04 | ā¹2.26 |
| 2022 | ā¹64.03 | ā¹53.64 | ā¹3.99 |
| 2023 | ā¹107.15 | ā¹86.05 | ā¹11.53 |
| 2023 6M | ā¹70.05 | ā¹54.35 | ā¹8.34 |
AVP Infracon IPO Valuation – FY2023
Check AVP Infracon IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ā¹6.40 per Equity Share |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 46.18% |
| Net Asset Value (NAV): | ā¹13.87 per Equity Share |
Peer Group
- Udayshivakumar Infra Limited
- Rachana Infrastructure Limited
- H.G. Infra Engineering Limited
Company Promoters
- Mr. D Prasanna
- Mr. B Venkateshwarlu
AVP Infracon IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/investor-service/ipo-query
AVP Infracon IPO Allotment Status
Check AVP Infracon IPO allotment status on Purva Sharegistry website URL. Click Here
AVP Infracon IPO Lead Managers aka Merchant Bankers
- Share India Capital Services Private Limited
Company Address
AVP Infracon Limited
Plot No. E-30, Second floor,
2nd Avenue, Besant Nagar,
Chennai- 600090
Phone: +91-44-48683999
Email: [email protected]
Website: http://www.avpinfra.com/
