AVP Infracon IPO: Dates, Review, GMP, Band Price, Allotment Details

AVP Infracon IPO
AVP Infracon IPO

AVP Infracon, a prominent name in the infrastructure development sector, has announced its Initial Public Offering (IPO) aiming to raise funds to fuel its growth and expansion strategies. The company is known for its expertise in constructing road projects and other infrastructure developments using Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) methods. This article delves into the crucial details of the AVP Infracon IPO, including dates, price band, market lot, financial performance, valuation, and how investors can apply for it.

Also Read: Who is Appointed as President and Managing Director for SAP Indian Subcontinent?

AVP Infracon IPO Review

AVP Infracon Limited, incorporated in 2009, has carved a niche in the construction industry, especially in the realm of high-value infrastructure projects. With over a decade of experience and a team of 100+ skilled employees, the company focuses on delivering projects from conceptualization to completion efficiently. AVP Infracon’s involvement in government contracts and national initiatives underscores its reputation as a trusted construction firm across India.

Also Read: How to Check Mukka Proteins IPO Allotment Status on Cameo Corporate Services, BSE Website?

AVP Infracon IPO Date & Price Band Details

IPO Opening DateMarch 13, 2024
IPO Closing DateMarch 15, 2024
Price Band₹71 to ₹75 per equity share
IPO SizeApproximately ₹52.34 Crores
Listing OnNSE SME
Minimum Market Lot1600 shares
Minimum Application Amount₹120,000
Allotment DateMarch 18, 2024
RefundsMarch 19, 2024
Credit to Demat AccountMarch 19, 2024
Listing DateMarch 20, 2024
Investors’ PortionQIB: 50%, NII: 15%, Retail: 35%
How to ApplyThrough ASBA in bank account or IPO forms from NSE site
Application through ZerodhaLog into Zerodha Console, navigate to IPO, select AVP Infracon
Application through UpstoxLog into Upstox account, select IPO section, choose AVP Infracon

AVP Infracon IPO Market Lot

  • Minimum Market Lot: 1600 shares
  • Minimum Application Amount: ₹120,000

AVP Infracon IPO Dates

  • Allotment Date: March 18, 2024
  • Refunds: March 19, 2024
  • Credit to Demat Account: March 19, 2024
  • Listing Date: March 20, 2024

AVP Infracon IPO Form

Investors can apply for the AVP Infracon IPO through ASBA available in their bank accounts or download IPO forms from the NSE website. The AVP Infracon IPO form is a document that investors need to fill out and submit to apply for the company’s Initial Public Offering (IPO). This form is essential for indicating your interest in purchasing shares of AVP Infracon during its IPO. There are primarily two ways to access and submit this form:

Through ASBA (Applications Supported by Blocked Amount):

This is an efficient way to apply for IPOs directly through your bank account. Most banks offer an online ASBA facility where you can log in to your online banking portal, navigate to the investments or IPO section, and select AVP Infracon IPO from the list of current IPOs. You will need to fill out the application form electronically and specify the number of shares you wish to apply for, along with your bid price. The amount equivalent to your application will be blocked in your account and only debited if you are allotted the shares, ensuring a smooth and secure transaction process.

Downloading IPO Forms from the NSE Website:

For those who prefer or need to apply through a physical form, the National Stock Exchange (NSE) website provides downloadable IPO application forms. You can visit the NSE website, find the AVP Infracon IPO section, and download the application form. After filling out the necessary details, including the number of shares you’re applying for and your bid price, you can submit the form through your bank or stockbroker, who will process the application on your behalf.

Regardless of the method chosen, it’s important to fill out the form accurately and submit it within the IPO opening and closing dates, specifically from March 13, 2024, to March 15, 2024, for the AVP Infracon IPO. Ensuring correct details such as your PAN, demat account number, and bank account details is crucial for the successful processing of your application.

AVP Infracon Company Financial Report (Standalone)

YearRevenue (₹ Crores)Expense (₹ Crores)PAT (₹ Crores)
2023 6M70.0554.358.34

AVP Infracon IPO Valuation – FY2023

  • Earning Per Share (EPS): ₹6.40 per Equity Share
  • Return on Net Worth (RoNW): 46.18%
  • Net Asset Value (NAV): ₹13.87 per Equity Share

Peer Group

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

Company Promoters

  • Mr. D Prasanna
  • Mr. B Venkateshwarlu

AVP Infracon IPO Registrar

  • Purva Sharegistry India Pvt Ltd

AVP Infracon IPO Allotment Status

Investors can check the IPO allotment status on the Purva Sharegistry website.

AVP Infracon IPO Lead Managers aka Merchant Bankers

  • Share India Capital Services Private Limited

Company Address

AVP Infracon Limited, Plot No. E-30, Second floor, 2nd Avenue, Besant Nagar, Chennai- 600090


The AVP Infracon IPO is a public offering where AVP Infracon is looking to raise ₹52.34 crores by listing on the NSE SME platform.

The AVP Infracon IPO will open for subscription on March 13, 2024.

In the AVP Infracon IPO, the investors’ portion is divided as 50% for QIB, 15% for NII, and 35% for Retail investors.

You can apply for the AVP Infracon IPO through ASBA available in your bank account or download the IPO form from the NSE website and submit it.

To apply for the AVP Infracon IPO through Zerodha, log into the Zerodha Console, navigate to the IPO section, select AVP Infracon, and follow the prompts to submit your bid.

To apply to the AVP Infracon IPO through Upstox, log into your Upstox account, select the IPO section, choose AVP Infracon, and complete the application process.

The size of the AVP Infracon IPO is ₹52.34 crores.

The price band for the AVP Infracon IPO is set at ₹71 to ₹75 per equity share.

The minimum and maximum lot size for the AVP Infracon IPO is 1600 shares.

The allotment date for the AVP Infracon IPO is scheduled for March 18, 2024.

The AVP Infracon IPO is expected to be listed on March 20, 2024.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *