AVP Infracon IPO Details, Date, Review, Price

AVP Infracon IPO Details, Date, Review, Price
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OUR BUSINESS

AVP Infracon Limited was Incorporated in 2009 With a vision to become a leading infrastructure Development Company in India. In the last decade, we have excelled in diverse projects, including government contracts and national initiatives, earning our reputation as a trusted construction firm in the nation. Our Company has 14 (fourteen) years of experience in the business and have 100+ experienced employees (including contractual) working towards achieving the goal the Company.

Our 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.

We have in-house capabilities to deliver a project from conceptualization to completion with fast turnaround time from acquisition to launch to completion, which focuses on de-risking and improving return on investment.

AVP infracon Domains

  • Road Construction
  • Highways
  • Bridges
  • Flyovers

AVP INFRACON IPO DATE & PRICE BAND DETAILS

IPO Open Date Mar 13, 2024
IPO Close DateMar 15, 2024
IPO SizeApprox ₹52.34 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band₹71 to ₹74 Per Every Share
IPO Listing OnNSE SME
IPO Retail Quota35%
IPO QIB Quota50%
IPO NII Quota15%
DRHP DraftClick here
RHP DraftClick here
Anchor InvestorClick here

AVP INFRACON IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum11600₹120,000
Retail Maximum11600₹120,000
S-HNI Minimum23200₹240,000

OBJECTS OF THE ISSUE

  1. To Purchase Capital Equipment
  2. To Meet Working Capital Requirements
  3. General corporate purposes
  4. To meet Public Issue Expenses

AVP INFRACON IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open DateMar 13, 2024
IPO Close DateMar 15, 2024
Basis of AllotmentMar 18, 2024
RefundsMar 19, 2024
Credit to Demat AccountMar 19, 2024
IPO Listing DateMar 20, 2024

AVP INFRACON FINANCIAL REPORTS

₹ in Crores
YearRevenueExpensePAT
2023₹107.15₹86.05₹11.53
2022₹64.03₹53.64₹3.99
2021₹58.18₹52.04₹2.26

OUR PROMOTER

  • Mr. D Prasanna
  • Mr. B Venkateshwarlu

AVP INFRACON PEER GROUP

  • Udayshivakumar Infra Limited
  • Rachana Infrastructure Limited
  • H.G. Infra Engineering Limited

AVP INFRACON COMPANY CONTACT DETAILS

Plot No. E-30, Second Floor,
IInd Avenue, Besant Nagar, Chennai,
Tamil Nadu- 600090
Telephone: +91-44-48683999
Mobile No.: +91-9363066331
E-mail: info@avpinfra.com
Website: www.avpinfra.com

AVP INFRACON IPO REGISTAR

Purva Sharegistry (India) Private Limited
Address: Unit No. 9, Shiv Shakti Industrial Estate,
J. R. Boricha Marg, Near Lodha Excelus, Lower
Parel (E), Mumbai – 400011
Tel No.: +91-22-2301 8261
Fax No.: N.A.
Email: support@purvashare.com
Contact Person: Mr. Deepali Dhuri
Website: www.purvashare.com

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