AVP Infracon Limited is a company that builds various types of large and complicated buildings and structures like highways, bridges, hospitals, and other urban and residential projects. They’re currently busy with 12 different building projects worth a lot of money, about ₹20,188.91 lakhs. They also have two more projects coming up, worth ₹3,421.34 lakhs, showing they have a lot of work planned.
Up until now, in March 2024, they have finished building over 40 projects, which cost around ₹31,321.03 lakhs in total. This shows they have a lot of experience and have been successful in their field. The company is also a significant employer, with over 100 employees working for it, which suggests it is a large and important business in the construction industry.
AVP Infracon IPO – Details
| IPO Opening Date | March 13, 2024 |
| IPO Closing Date | March 15, 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 69,79,200 Shares Worth ₹52.34 Cr Fresh Issue: 69,79,200 Shares Worth ₹52.34 Cr |
| Face Value | ₹10 each share |
| IPO Price | ₹71 – ₹75 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Purva Sharegistry India Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
AVP Infracon IPO – Date Schedule
| IPO Open Date | March 13, 2024 |
| IPO Close Date | March 15, 2024 |
| Basis of Allotment | March 18, 2024 |
| Initiation of Refund | March 19, 2024 |
| Credit of Shares to Demat Account | March 19, 2024 |
| IPO Listing Date | March 20, 2024 |
| Cut-off time for UPI mandate confirmation | March 15, 2024 |
AVP Infracon IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | ₹1,20,000 |
| Retail (Maximum) | 1 | 1600 | ₹1,20,000 |
| HNI (Minimum) | 2 | 3200 | ₹2,40,000 |
Competitive Strengths
- Skilled and well-trained team.
- Robust portfolio of road, bridge, and flyover projects awarded by the state government.
- Commitment to quality.
- Knowledgeable management team.
Company Promoters
- D Prasanna
- B Venkateshwarlu
Object Of The Issue
- To buy essential machinery and equipment.
- To cover day-to-day operational expenses.
- For various business-related activities.
- To cover the costs associated with the public offering.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
| 31 March 2023 | 115.50 | 92.11 | 12.05 | 67.29 |
| 31 October 2023 | 74.11 | 56.70 | 8.55 | 77.91 |
Amount in ₹ Cr
Key Performance Indicator
| KPI | Values |
| ROE | 25.05% |
| ROCE | 22.63% |
| Debt/Equity | 1.96 |
| RoNW | 25.05% |
| P/BV | 3.96 |
| PAT Margin (%) | 11.7 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.7 | 5.87 |
| P/E (x) | 11.2 | 12.77 |
AVP Infracon IPO Promoter Holding
| Pre Issue Share Holding | 86.5% |
| Post Issue Share Holding | 62.34% |
AVP Infracon IPO Lead Manager(s)
- Share India Capital Services Private Limited
AVP Infracon IPO FAQs
What is the AVP Infracon IPO?
The AVP Infracon IPO is a small and medium-sized enterprise (SME) offering, with shares priced between ₹71 and ₹75 each. It’s scheduled to be listed on the NSE SME platform.
When will the AVP Infracon IPO open?
This IPO is set to open on March 13, 2024, with allocation for different investor types: 50% for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 35% for retail investors.
How can you invest in the AVP Infracon IPO?
To invest in the AVP Infracon IPO, you can use the ASBA (Application Supported by Blocked Amount) method via your bank account online or through UPI via your stockbroker. You can also fill out a physical form through your stockbroker.
What’s the total amount being raised in the AVP Infracon IPO?
The IPO aims to raise ₹52.34 crores.
What are the price range and share quantities for the AVP Infracon IPO?
The price range is set between ₹71 and ₹75. Investors min. bid 1600 shares, amounting to ₹1,20,000, up to a maximum of the same quantity and amount.
When will the AVP Infracon IPO shares be allocated?
Shares are set to be allocated on March 18, 2024.
When will the AVP Infracon IPO shares be listed?
The shares are expected to be listed on the NSE SME on March 20, 2024.
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