AVP Infracon IPO description – AVP Infracon is a dynamic private sector firm engaged in the construction of road projects using Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) methods.
The company is involved in all types of infrastructure development works, including technically complex and high-value projects such as expressways, national highways, flyovers, bridges, viaducts, irrigation projects, urban development projects (including civic amenities, hospitals, warehouses, hotels, and other commercial and residential projects).
AVP Infracon bids for the construction of roads, bridges, irrigation and canal projects, flyovers, and industrial areas, primarily in the state of Tamil Nadu. The company has established long-standing relationships with clients such as PWD, NH (MoRTH), the Government of Tamil Nadu, and various local bodies.
As of January 2024, the company has completed over 40 projects worth approximately INR 313.21 crore and employs more than 100 people.
Promoters of AVP Infracon – Mr. D Prasanna And Mr. B Venkateshwarlu, Mr. Vasanth D, and Mrs. D Bhagyavathy
Table of Contents
AVP Infracon IPO Details
| AVP Infracon IPO Dates | 13 – 15 March 2024 |
| AVP Infracon Issue Price | INR 71 – 75 per share |
| Fresh issue | 6,979,200 shares (INR 49.55 – 52.34 crore) |
| Offer For Sale | NIL |
| Total IPO size | 6,979,200 shares (INR 49.55 – 52.34 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
AVP Infracon Financial Performance
| Â | FY 2023 | 7M FY 2024 |
| Revenue | 114.98 | 74.05 |
| Expenses | 92.12 | 56.70 |
| Net income | 12.15 | 8.67 |
AVP Infracon Offer News
- AVP Infracon RHP
- AVP Infracon Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
AVP Infracon Valuations & Margins
| FY 2023 | |
| EPS | 6.70 |
| PE ratio | 10.60 – 11.19 |
| RONW (%) | 47.27 |
| NAV | 14.16 |
| ROCE (%) | 37.71 |
| EBITDA (%) | 19.89 |
| Debt/Equity | 2.70 |
AVP Infracon IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 19 March 2024 | 20 | – | 25,000 |
| 18 March 2024 | 20 | – | 25,000 |
| 16 March 2024 | 20 | – | 25,000 |
| 15 March 2024 | 20 | – | 25,000 |
| 14 March 2024 | 20 | – | 25,000 |
| 13 March 2024 | 25 | – | 30,000 |
| 12 March 2024 | 27 | – | 35,000 |
| 11 March 2024 | 25 | – | 32,500 |
AVP Infracon IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,248,000 | 939,200 | 2,190,400 | 4,377,600 |
| 15 Mar 2024 | 1.05 | 46.93 | 22.49 | 21.62 |
| 14 Mar 2024 | 0.00 | 3.27 | 5.67 | 3.54 |
| 13 Mar 2024 | 0.00 | 0.62 | 1.64 | 0.95 |
The market maker reservation portion of 7,31,200 shares is not included in the above calculations.
AVP Infracon IPO Allotment Status
AVP Infracon IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
AVP Infracon IPO Dates & Listing Performance
| IPO Opening Date | 13 March 2024 |
| IPO Closing Date | 15 March 2024 |
| Finalization of Basis of Allotment | 18 March 2024 |
| Initiation of refunds | 19 March 2024 |
| Transfer of shares to demat accounts | 19 March 2024 |
| IPO Listing Date | 20 March 2024 |
| Opening Price on NSE SME | INR 79 per share (up 5.33%) |
| Closing Price on NSE SME | INR 75.05 per share (up 0.07%) |
AVP Infracon Offer Lead Manager
SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED
A-15, Sector-64,
Noida –201301, UP, India
Phone:Â +91-0120-4910000
Email:Â [email protected]
Website:Â www.shareindia.com
AVP Infracon Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra India
Phone:Â +91-22-2301 8261
Email:Â [email protected]
Website: www.purvashare.com
AVP Infracon Offer Contact Details
AVP INFRACON LIMITED
Plot No. E-30, Second floor, IInd Avenue,
Besant Nagar, Chennai- 600090, Tamil Nadu
Phone: +91-44-48683999
E-mail: [email protected]
Website: www.avpinfra.com
IPO FAQs
What is the AVP Infracon offer size?
AVP Infracon’s offer size is INR 49.55 – 52.34 crores.
What is the AVP Infracon offer price band?
AVP Infracon’s public offer price is INR 71 – 75 per share.
What is the lot size of the AVP Infracon Offer?
AVP Infracon’s offer lot size is 1,600 shares.
What is AVP Infracon IPO GMP today?
AVP Infracon IPO GMP today is INR 20 per share.
What is the AVP Infracon kostak rate today?
AVP Infracon kostak rate today is NA per application.
What is AVP Infracon Subject to the Sauda rate today?
AVP Infracon is Subject to the Sauda rate today is INR 25,000 per application.
