AVP Infracon IPO Details ( AVP Infracon Limited IPO Review )
(13 Mar 2024 – 15 Mar 2024)
AVP Infracon Limited began its journey in 2009, focusing on constructing roads through different methods like Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC). Formerly known as AVP Constructions Private Limited, the company expanded its horizons to cover various infrastructure development tasks.
Our services encompass a wide range of projects, including building expressways, national highways, flyovers, bridges, viaducts, irrigation systems, urban amenities like hospitals, warehouses, hotels, and both commercial and residential buildings. We actively participate in tenders for constructing roads, bridges, irrigation systems, flyovers, and industrial zones, particularly in Tamil Nadu.
As of January 2024, we’ve successfully delivered over 40 projects valued at approximately Rs. 31,321.03 lakhs, with a dedicated team of over 100 professionals driving our mission forward.
AVP Infracon Limited IPO Competitive Strength
- Experienced and Qualified Team
- Strong Order Book of roads, bridge and flyovers from state government
- Quality Assurance
- Experienced Management Team
AVP Infracon IPO Financials Performance ( Results )
AVP Infracon Limited Financial Information (Restated Consolidated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-23 | 14,670.84 | 11,550.09 | 1,205.31 | 6.70 | 2,549.66 | 14.16 | 2,069.66 | 6,729.31 |
| 31-Oct-23 | 17,232.87 | 7,411.90 | 855.78 | 4.75 | 3,405.31 | 18.92 | 1,605.31 | 7,791.95 |
Objective of AVP Infracon IPO Issue
- To Purchase Capital Equipment,
- To Meet Working Capital Requirements,
- General corporate purposes, and
- To meet Public Issue Expenses.
AVP Infracon IPO Basic Details
| IPO Date | Mar 13, 2024 to Mar 15, 2024 |
| Listing Date | Wednesday, March 20, 2024 |
| Face Value | ₹10 per share |
| Price | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Issue Size | 6,979,200 shares of ₹10 (aggregating up to ₹52.34 Cr) |
| Fresh Issue | 6,979,200 shares of ₹10 (aggregating up to ₹52.34 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 18,000,000 |
| Share holding post issue | 24,979,200 |
| Company Promoters | Mr. D Prasanna and Mr. B Venkateshwarlu |
AVP Infracon IPO Reservation
| Anchor Investor Shares Offered | 26.80% of the Net Issue |
| Market Maker Shares Offered | 10.48% of the Net Issue |
| QIB Shares Offered | 17.88% of the Net Issue |
| NII (HNI) Shares Offered | 13.46% of the Net Issue |
| Retail Shares Offered | 31.38% of the Net Issue |
AVP Infracon IPO Timetable
AVP Infracon IPO will open on March 13, 2024 and close on March 15, 2024. You can join AVP Infracon IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 13 March 2024 (Wednesday) |
| Closing Date | 15 March 2024 (Friday) |
| Basis of Allotment | 18 March 2024 (Monday) |
| Initiation of Refunds | 19 March 2024 (Tuesday) |
| Credit of Shares to Demat | 19 March 2024 (Tuesday) |
| Listing Date | 20 March 2024 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 15 March 2024 |
AVP Infracon IPO Lot Size
For retail investors in AVP Infracon IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| S-HNI (Min) | 2 | 3200 | ₹240,000 |
AVP Infracon IPO Promoter Holding
The company’s promoters include Mr. D Prasanna and Mr. B Venkateshwarlu.
| Pre Issue Share Holding | 86.50% |
| Post Issue Share Holding | 62.33% |
AVP Infracon Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 187.34 |
| Earning Per Share (EPS) | ₹6.70 per Equity Share |
| Net Asset Value (NAV) | ₹14.16 per Equity Share |
| P/E Ratio (P/E) (x) | 11.20 |
| Post P/E Ratio (P/E) (x) | 12.77 |
| Return on Net Worth (RoNW) (%) | 25.05 |
| Return on equity (ROE) (%) | 25.05 |
| Return on Capital Employed (ROCE) (%) | 22.63 |
| Debt/Equity Ratio | 1.96 |
| Price/Book Value Ratio | 3.96 |
AVP Infracon IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹20 | – | – |
| 13 March 2024 | ₹20 | – | – |
| 12 March 2024 | ₹20 | – | – |
AVP Infracon IPO Detail Video:
link
AVP Infracon IPO Subscription Status (Bidding Detail)
The AVP Infracon IPO on March 15, 2024 at 7:00:00 PM was subscribed 21.45 times, with the retail category being subscribed 22.49 times, the NII (Non-Institutional Investor) category being subscribed 46.15 times, QIB (Qualified-Institutional Buyers) category being subscribed 1.05 times.
| Category | Subscription |
| QIB | 1.05x |
| NII | 46.15x |
| Retail | 22.49x |
| Total | 21.45x |
AVP Infracon IPO Prospectus
| AVP Infracon IPO DRHP | Download |
| AVP Infracon IPO RHP | Download |
| AVP Infracon IPO Anchor Investors Details PDF | Download |
AVP Infracon IPO Rating
| Our Rating | 3.0/5.0 |
AVP Infracon Company Contact Information
AVP Infracon Limited
Registered Office: Plot No. E-30, Second floor, IInd Avenue, Besant Nagar, Chennai- 600090, Tamil Nadu, India
Website: www.avpinfra.com
E-Mail: cs@avpinfra.com
Telephone No: +91-44-48683999
Company Secretary and Compliance Officer: Ms. Priyanka Singh
Promoter of Our Company: Mr. D Prasanna and Mr. B Venkateshwarlu, Mr. Vasanth D and Mrs. D Bhagyavathy
AVP Infracon IPO Registrar
Purva Sharegistry India Private Limited
SEBI Registration Number: INR000001112
Address: 9, Shiv Shakti Industrial Estate, J. R. Boricha Marg, Lower Parel (E), Mumbai – 400011
Tel. Number: +91-22-2301 8261
Contact Person: Ms. Deepali Dhuri
Email Id: support@purvashare.com
Website: www.purvashare.com
CIN: U67120MH1993PTC074079
AVP Infracon IPO Lead Manager
Share India Capital Services Private Limited
SEBI Registration Number: INM000012537
Address: A-15, Sector-64, Noida – 201301, Uttar Pradesh, India
Telephone Number: +91-120-4910000
Email Id: anand.srivastava@shareindia.co.in
Investors Grievance Id: info@shareindia.com
Website: www.shareindia.com
Contact Person: Mr. Anand Srivastava
CIN: U65923UP2016PTC075987
AVP Infracon IPO FAQs
What is the lot size of AVP Infracon IPO?
The total size of AVP Infracon IPO is ₹52.34 crores and this is a complete fresh Issue.
When will AVP Infracon IPO start?
AVP Infracon IPO will open from 13 March 2024 and IPO will close on 15 March 2024.
What is the open date of AVP Infracon IPO?
AVP Infracon IPO will open date from 13 March 2024.
What is the last date ( close date ) of AVP Infracon IPO?
AVP Infracon IPO will close from 15 March 2024.
What is the price band of AVP Infracon IPO?
AVP Infracon IPO price band is ₹71 to ₹75. ( Upper Price Band: ₹75, Lower Price Band: ₹71 )
What is the minimum amount required to apply for AVP Infracon IPO?
The minimum investment for retailers to apply for AVP Infracon IPO is ₹120,000 and the maximum investment is ₹120,000.
What is going on gray market premium of AVP Infracon IPO?
View gray market premium of AVP Infracon IPO by Clicking Here
How much is the GMP of AVP Infracon IPO?
Watch AVP Infracon IPO GMP Today: Click Here
What is the allotment date of AVP Infracon IPO?
The allotment date of AVP Infracon IPO is 18 March 2024.
How to check allotment status in AVP Infracon IPO?
To check the allotment status of AVP Infracon IPO, first of all go to the registrar website by clicking here, select your bad AVP Infracon IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of AVP Infracon IPO?
The listing date of AVP Infracon IPO is 20 March 2024.
How much will be the listing gain in AVP Infracon IPO?
View listing gain of AVP Infracon IPO by Clicking Here
How much time AVP Infracon IPO is subscribed?
Total 21.45 times subscribed in AVP Infracon IPO out of which 22.49 times subscription was done in retail quota, 46.15 times subscription in NII quota and 1.05 times subscription in QIB quota.
How to apply for AVP Infracon IPO from Upstox?
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How to apply for AVP Infracon PO from Zerodha?
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How to apply for AVP Infracon IPO from Angle One?
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