AVP Infracon Limited IPO

NSE SME

Listed On: Mar 20, 2024 at ₹ 79.0

₹ 120000 /1600 Shares

Check Allotment

AVP Infracon Limited IPO Details

13 Mar, 2024

Open Date

15 Mar, 2024

Close Date

18 Mar, 2024

Allotment Date

20 Mar, 2024

Listing Date

Issue Price

₹71-75 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Purva Sharegistry India Pvt Ltd

List Price

79.0

Listing Date

2024-03-20

Market Lot

1600 Shares (₹120,000/-)

Lead Manager

Share India Capital Services Private Limited

Issue Size

6,979,200 shares(aggregating up to ₹52.34 Cr)

Retail Portion

35%

Subscription

21.62 times

IPO Docs

DRHP RHP

The IPO of AVP Infracon Limited is priced at ₹71-75 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Purva Sharegistry India Pvt Ltd is the registrar of the issue.

AVP Infracon Limited IPO bid opening date is from Mar 13, 2024 and the bid closing date was Mar 15, 2024.
AVP Infracon Limited IPO allotment result will be available on Mar 18, 2024. The tentative listing date for AVP Infracon Limited is Mar 20, 2024.

The total issue size is 6,979,200 shares(aggregating up to ₹52.34 Cr).

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

Total No. of Applications: 30,791 (Approx)

AVP Infracon Limited Valuations

EPS Pre IPO

₹6.7/-

EPS Post IPO

₹5.87/-

P/E Pre IPO

11.2

P/E Post IPO

12.77

ROE

25.05%

ROCE

22.63%

Debt/Equity

1.96

RoNW

25.05%

PAT Margin

11.91

Price to Book Value

3.96

AVP Infracon Limited Company Financials All values are in ₹ Lakh

	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

About The Company

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)

Pre Issue Share Holding: 86.50%

Post Issue Share Holding: 62.34%

Company Promoter(s)

Mr. D Prasanna
Mr. B Venkateshwarlu

AVP Infracon Limited IPO - Issue Objectives

To Purchase Capital Equipment
To Meet Working Capital Requirements
General corporate purposes
To meet Public Issue Expenses.

Other Details

Company Contact Details

AVP Infracon Limited

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

Phone: +91-44-48683999

Email: cs@avpinfra.com

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

Registrar Contact Details

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Email: support@purvashare.com

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

AVP Infracon Limited IPO - FAQs

Ans. AVP Infracon Limited IPO is a SME IPO. The issue is priced at ₹71-75 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 13, 2024, and closes on Mar 15, 2024. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The AVP Infracon Limited IPO opens on Mar 13, 2024 and closes on Mar 15, 2024.

Ans. The size of AVP Infracon Limited IPO is 6,979,200 shares(aggregating up to ₹52.34 Cr).

Ans. The IPO price band is set between ₹71-75 per equity share.

Ans. To apply for AVP Infracon Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find AVP Infracon Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of AVP Infracon Limited IPO is Mar 18, 2024.

Ans. The AVP Infracon Limited IPO will be listed on Mar 20, 2024.

Ans. Follow the steps to check the allotment status for AVP Infracon Limited IPO here.