AVP Infracon
AVP Infracon Info
Details about the AVP Infracon IPO. Opening Date of AVP Infracon is 13 Mar 24 and Closing Date is 15 Mar 24 . Face Value of Each share of AVP Infracon is ₹10 per share. Price band of AVP Infracon is ₹71 to ₹75. The Lot size of AVP Infracon is 1,600 shares. Total issue size of AVP Infracon IPO is ₹52.34 cr. Fresh Issue of AVP Infracon IPO is 52.34 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of AVP Infracon is 18,000,000. Share Holding Post Issue of AVP Infracon is 24,979,200.
Business Summary
AVP Infracon is a dynamic private sector firm involved in the construction of road projects based on Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) methods.
Company is engaged in the business of construction and transacts the business to construct, build, alter, acquire, convert, improve, design, erect, establish, equip, develop, dismantle, pull down, level, decorate, fabricate, reconstruct, renovate, remodel, rebuild all types of infrastructure developmental works, constructions works such as technically complex and high value projects like Express ways, National Highways, Flyovers, Bridges and Viaducts, Irrigation Projects, Urban Development - Civic amenities, Hospitals, warehouses, hotels and other Commercial and Residential Projects.
AVP Infracon IPO Details
| Open Date | 13 Mar 24 |
|---|---|
| Close Date | 15 Mar 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹71 - ₹75 |
| Lot Size | 1,600 Shares |
| Total issue Size | 6,979,200 Shares ₹52.34 cr |
| Fresh Issue | 6,979,200 Shares ₹52.34 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 18,000,000 |
| Share Holding Post Issue | 24,979,200 |
| Market Maker | Share India Securities |
| Market Maker Portion | 731,200 Shares |
| RHP , DHRP | View RHP, View DRHP |
AVP Infracon IPO Timeline
The AVP Infracon Initial Public Offering (IPO) is set to open on 13 Mar 24 and will end its subscription phase on 15 Mar 24. You can check your allotment status for AVP Infracon on 18 Mar 24. The refund process for your funds will start promptly on 19 Mar 24. AVP Infracon IPO credit of shares will be on 19 Mar 24. The listing date for AVP Infracon is on 20 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
AVP Infracon IPO Reservation
The AVP Infracon IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
731,200 Shares will be reserved for subscription by Share India Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
AVP Infracon IPO Lot Size
Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 120,000 |
| Retail (Max) | 1 | 1,600 | 120,000 |
| HNI (Min) | 2 | 3,200 | 240,000 |
AVP Infracon IPO Promoters Holding
Promoters holding details for AVP Infracon in the current issue is as follows: The share holding of promoters before the issue stands at 86.5%, and after the issue, it has been adjusted to 62.34%.
Promoters of AVP Infracon are Mr. D Prasanna, Mr. B Venkateshwarlu, Mr. Vasanth D, Mrs. D Bhagyavathy,
| Share Holding Pre Issue | 86.5% |
|---|---|
| Share Holding Post Issue | 62.34% |
AVP Infracon Financial Information
Financial performance details for AVP Infracon over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Oct 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 17,232.87 | 14,670.84 | 5,892.3 | 4,917.36 |
| Revenue | 7,411.9 | 11,550.09 | 7,174.2 | 6,362.17 |
| Profit After Tax | 855.78 | 1,205.31 | 276.88 | 170.05 |
AVP Infracon IPO Key Performance Indicator
Key Performance Indicators (KPIs) for AVP Infracon are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 11.2 |
| ROCE | 22.63% |
| ROE | 25.05% |
| RoNW | 25.05% |
| EPS (Rs) | 6.7 |
Object of the Issue
- • To Purchase Capital Equipment
- • To Meet Working Capital Requirements
- • General Corporate Purposes
- • To Meet Public Issue Expenses
Contact Details for AVP Infracon
Phone
Office
Plot No. E-30, Second floor, IInd Avenue, Besant Nagar, Chennai- 600090, Tamil Nadu, India- 600090
Registrar Details for AVP Infracon
Purva Sharegistry India Pvt Ltd
Phone
Office
Unit No. 9, Ground Floor, Shiv Shakti Ind. Estt, J. R. Boricha Marg, Lower Parel East, Mumbai, Maharashtra 400011
Lead Manager
- • Share India Capital Services Private Limited