AVP Infracon Limited IPO
AVP Infracon Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹71–₹75 per share. The stock debuted at ₹79, delivering a listing gain of 5.3%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,20,000.
AVP Infracon Limited IPO
- IPO Dates
- Mar 13, 2024 – Mar 15, 2024
- Price band
- ₹71-75 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹52.34 Cr
- Lot size
- 1600
- Allotment Date
- Mar 18, 2024
- Listing
- Mar 20, 2024
- Listing At
- NSE SME
IPO timeline
-
Mar 13, 2024
Open Date
Completed
-
Mar 15, 2024
Close Date
Completed
-
Mar 18, 2024
Allotment Date
Completed
-
Mar 20, 2024
Listing Date
Completed
AVP Infracon Limited IPO Essentials
AVP Infracon Limited IPO Details
AVP Infracon Limited IPO is priced at ₹71-75 per share with a total issue size of 52.34 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹71-75 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,979,200 shares(aggregating up to ₹52.34 Cr)
- Total issue size
- 69,79,200 shares
(aggregating up to ₹52.34 crore) - Fresh issue
- 69,79,200 shares
(aggregating up to ₹52.34 crore) - Listing at
- NSE SME
- List price
- 79.0
- Listing date
- Registrar
- Purva Sharegistry India Pvt Ltd
- Lead manager
-
Share India Capital Services Private Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,20,000 |
| Retail(max) | 1 | 1600 | ₹1,20,000 |
| NII (min) | 2 | 3,200 | ₹2,40,000 |
AVP Infracon Limited IPO Reservation
AVP Infracon Limited IPO reservation details show category-wise allocation of shares. Out of the total 6,979,200 shares, approximately 17.88% are reserved for QIB, 13.46% for NII, 31.38% for retail investors, 10.48% for market maker, and 26.8% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,870,400 (26.8%) | |
| Market Maker Shares Offered | 731,200 (10.48%) | |
| QIB Shares Offered | 1,248,000 (17.88%) | |
| NII (HNI) Shares Offered | 939,200 (13.46%) | |
| Retail Shares Offered | 2,190,400 (31.38%) | |
| Total Shares Offered | 6,979,200 (100%) |
AVP Infracon Limited IPO Analytics
AVP Infracon Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
AVP Infracon Limited IPO Subscription Status
AVP Infracon Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,248,000 / 939,200 | 2,190,400 | 4,377,600 |
|
Day 1
13-03-24 06:00 PM
|
(0.00 / 0.63) x | 1.71 x | 0.99 x |
|
Day 2
14-03-24 06:00 PM
|
(0.00 / 2.51) x | 5.80 x | 3.44 x |
|
Day 3
15-03-24 06:00 PM
|
(1.05 / 46.93) x | 22.49 x | 21.62 x |
AVP Infracon Limited Valuations
Earnings
- EPS Pre IPO
- ₹6.7/-
- EPS Post IPO
- ₹5.87/-
- P/E Pre IPO
- 11.2
- P/E Post IPO
- 12.77
Returns
- ROE
- 25.05%
- ROCE
- 22.63%
- RoNW
- 25.05%
- PAT Margin
- 11.91
Fundamentals
- Debt / Equity
- 1.96
- Price / Book
- 3.96
AVP Infracon Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 14,670.84 | 5,892.30 | 4,917.36 |
| Revenue | 11,550.09 | 7,174.20 | 6,362.17 |
| Profit After Tax | 1,205.31 | 276.88 | 170.05 |
AVP Infracon Limited Company & Offer Insights
About AVP Infracon Limited
AVP Infracon Limited is a company established in the year 2009 and it operates in road projects based on Bill of Quantities (BOQ) and Engineering, Procurement and Construction (EPC). Earlier, it was called AVP Constructions Private Limited.
The company undertakes all kinds of infrastructure development works, civil works like expressways, national highways, flyovers, bridges and viaducts, irrigation projects, urban development-civic amenities, hospitals, warehouses, hotels, and other commercial and residential projects. The company tenders for the construction of roads, bridges, irrigation and canal projects, flyovers and industrial areas, mainly in the state of Tamil Nadu.
As of January 2024, the company has successfully completed over 40 projects worth about Rs. 31,321.03 lakhs and employs more than 100 people.
AVP Infracon Limited Promoter(s)
Mr. D Prasanna, Mr. B Venkateshwarlu are the company's promoters of AVP Infracon Limited.
AVP Infracon Limited IPO Issue Objectives
- •
- To Purchase Capital Equipment
- •
- To Meet Working Capital Requirements
- •
- General corporate purposes
- •
- To meet Public Issue Expenses.
AVP Infracon Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| AVP Infracon Limited | 6.4 | N/A | 13.87 | N/A | 46.18 | 5.41 | Consolidated |
| Udayshivakumar Infra Ltd | 4.37 | N/A | 26.05 | 13.75 | 11.11 | 2.31 | Standalone |
| Rachana Infrastructure Limited | 1.22 | N/A | 48.5 | 56.17 | 2.51 | 1.41 | Standalone |
| H.G. Infra Engineering Ltd | 75.68 | N/A | 94.9 | 11.9 | 25.66 | 9.49 | Consolidated |
Notes:
- The P/E Ratio is based on the closing market price of equity shares on January 05, 2024, divided by the EPS as of March 31, 2023.
- Return on Net Worth (RoNW) is computed as net profit after tax divided by the closing net worth.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
Contact Information
Contact Details
AVP Infracon Limited
+91-44-48683999
Plot No. E-30, Second floor, 2nd Avenue, Besant Nagar, Chennai- 600090
Registrar Contact Details
Purva Sharegistry India Pvt Ltd
+91-022-23018261/ 23016761
Frequently Asked Questions
Click any question to reveal the answer
AVP Infracon Limited IPO is a book-built IPO worth ₹52.34 crore. The price band is ₹71–₹75 per share. The IPO opens on Mar 13, 2024 and closes on Mar 15, 2024. It will be listed on NSE SME Platform. Purva Sharegistry India Pvt Ltd is the registrar.
The price band of AVP Infracon Limited IPO is ₹71 to ₹75 per share.
The lot size of AVP Infracon Limited IPO is 1600 shares.
The minimum investment for AVP Infracon Limited IPO is approximately ₹1,20,000 based on the upper price band .
AVP Infracon Limited IPO opens on Mar 13, 2024 and closes on Mar 15, 2024.
The allotment date of AVP Infracon Limited IPO is Mar 18, 2024.
AVP Infracon Limited IPO is expected to be listed on Mar 20, 2024, on NSE SME Platform.
AVP Infracon Limited IPO valuation snapshot: P/E 12.77, EPS ₹5.87/-, P/B 3.96, RoNW 25.05%, and market cap N/A.
To apply for AVP Infracon Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of AVP Infracon Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for AVP Infracon Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check AVP Infracon Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the AVP Infracon Limited IPO allotment status on IPO Ji for quick and easy access.