AVP Infracon Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,118,400 (45%) | — | ₹2,339 Cr |
| NII (HNI) | — | 939,200 (13%) | — | ₹704 Cr |
| Retail | — | 2,190,400 (31%) | — | ₹1,643 Cr |
| Market Maker | — | 731,200 (10%) | — | ₹548 Cr |
| Σ Total | — | 6,979,200 (100%) | — | ₹52,344 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,680,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Oct 2023 | 31 Mar 2023 |
|---|---|---|
| Revenue | 7,412 | 11,550 |
| Profit After Tax | 856 | 1,205 |
| Net Worth | 3,405 | 2,550 |
| Total Assets | 17,233 | 14,671 |
| Reserves & Surplus | 1,605 | 2,070 |
| Total Borrowing | 7,792 | 6,729 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Purchase Capital Equipment, –
- To Meet Working Capital Requirements, –
- General corporate purposes, and –
- To meet Public Issue Expenses. –
Company Overview
AVP Infracon Limited was established in 2009 and is engaged in the construction of road projects on the basis of Bill of Quantities (BOQ) and Engineering, Procurement and Construction (EPC). The company was previously known as AVP Constructions Private Limited.
The company provides all types of infrastructure development works, civil works like expressways, national highways, flyovers, bridges and viaducts, irrigation projects, urban development - civic amenities, hospitals, warehouses, hotels and other commercial and residential projects. The company bids for construction of roads, bridges, irrigation and canal projects, flyovers and industrial areas, mainly in the state of Tamil Nadu.
As of January 2024, the company has completed over 40 projects worth around Rs. 31,321.03 lakhs and employs more than 100 people.