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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹52.34 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹52.34 Cr |
| Fresh Issue | ₹46.86 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹71.00-75.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | AVPINFRA |
| Registrar | Purva Sharegistry (India) Pvt.Ltd. |
| Lead Managers | Share India Capital Services... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Purchase Capital Equipment | 15.00 |
| 2 | To Meet Working Capital Requirements | 30.00 |
| 3 | General corporate purposes | 4.84 |
| Period Ended | 31 Oct 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 172.33 | 146.71 |
| Total Income | 74.12 | 115.50 |
| Profit After Tax | 8.56 | 12.05 |
| NET Worth | 34.05 | 25.50 |
| Reserves and Surplus | 16.05 | 20.70 |
| Total Borrowing | 77.92 | 67.29 |
| Amount in ₹ Crore | ||
| KPI | Oct 31, 2023 |
|---|---|
| ROE | 25.05% |
| ROCE | 22.63% |
| Debt / Equity | 1.96% |
| RoNW | 25.05% |
| PAT Margin | 11.91% |
| Price to Book Value | 3.96 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 6.70 | 5.87 |
| P/E (x) | 11.2 | 12.77 |
| Promoter Holding | 86.5% | 62.33% |
| Market Cap | ₹187.34 Cr. | |
