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AVP Infracon Limited IPO

AVP Infracon Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 79.00 (+5.33%)

Having completed its public offering, AVP Infracon Limited's is now listed and trading on the NSE exchange as of 20-03-2024. The IPO raised cumulative capital of 69,79,200 Shares, including 69,79,200 Shares in primary capital infusion.

The IPO was conducted with a price range of ₹71 to ₹75 and minimum investment requirement of 1600 shares. subscription activity between 13-03-2024 and 15-03-2024 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 18-03-2024 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

AVP Infracon IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
AVP Infracon IPO Key Performance Indicator
Company Financials ( in ₹ Lakhs )

AVP Infracon IPO About Company

AVP Infracon Limited, formerly AVP Constructions Private Limited, has been a key player in infrastructure development since 2009, specializing in road construction under Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) contracts. Expanding beyond roads, the company undertakes diverse projects, including expressways, flyovers, bridges, civic amenities, hospitals, warehouses, hotels, and residential complexes. Operating primarily in Tamil Nadu, AVP Infracon has successfully executed over 40 projects worth approximately Rs. 31,321.03 lakhs as of January 2024. With a dedicated workforce of over 100 employees, the company remains committed to quality, innovation, and the modernization of critical infrastructure.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


AVP Infracon IPO Strength Factors

  1. Expanding its Project Portfolio: Diversifying beyond roads, bridges, and flyovers into other infrastructure segments like urban development or renewable energy projects.
  2. Strengthening Supplier and Vendor Relationships: Ensuring consistent material supply and cost control to support its cost-efficiency focus.
  3. Leveraging Digital Transformation: Using AI and data analytics for better project management, risk assessment, and efficiency improvements.

AVP Infracon IPO Risk Factors

  1. Geographical Diversification: Expanding operations beyond Tamil Nadu to reduce regional dependency and spread risk.
  2. Long-Term Office Space Strategy: Exploring options for office ownership or securing long-term leases with favorable terms to minimize disruption risks.
  3. Cash Flow Management: Implementing strict financial controls, optimizing working capital, and securing additional funding sources to address negative cash flows.

AVP Infracon IPO Lead Manager(s)

  • Share India Capital Services Private Limited

AVP Infracon IPO Promoter(s)

  1. Mr. D Prasanna
  2. Mr. B Venkateshwarlu

AVP Infracon IPO Company Details

AVP Infracon Limited
Phone:
address:

AVP Infracon IPO Registrar

Purva Sharegistry India Private Limited
Name:
Phone:

AVP Infracon IPO FAQs