Open Date

13 Mar 24

15 Mar 24

Listing Date

Close Date

Allotment Date

20 Mar 24

AVP Infracon IPO Date

18 Mar 24

Lot Size 

1600 shares

IPO Size

₹52.34 Cr.

Price Range

 ₹71to ₹75

Min. Investment

₹113,600

AVP Infracon IPO Details

1. The company has a strong Order Book of roads, bridges and flyovers from the state government. 2. The company focuses on quality and safety. 3. The company’s management team is well-experienced.

Strengths

1. High working capital requirements. 2. It has reported negative cash flows in the past. 3. The company is dependent on bidding for government and state projects which contributes highly to its revenue.  4. Its revenue is dependent on operations in Tamil Nadu.  

Risk

How to apply for AVP Infracon IPO

To apply for AVP Infracon IPO, follow the steps given below    • Login to your 5paisa account and select the issue in the current IPO section        • Enter the number of lots and the price at which you wish to apply for the AVP Infracon IPO.        • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.     You will receive a mandate notification to block funds in your UPI app.

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