AVP Infracon Limited IPO
AVP Infracon Limited specializes in the construction of road projects utilizing both Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) methodologies. The company’s portfolio is diversified across technically complex and high-value projects, including expressways, national highways, flyovers, bridges, viaducts, irrigation projects, and urban development projects, among others. With over 14 years of experience, AVP Infracon Limited boasts a skilled workforce of over 100 employees, including contractual staff, committed to executing projects from conceptualization to completion. This integrated approach emphasizes de-risking projects and enhancing investment returns.
Achievements and Operations
To date, AVP Infracon Limited has successfully completed 40 projects and currently has 14 projects underway, including 12 ongoing projects and 2 prospective projects where it is positioned as the lowest bidder (L1). The company’s strategic collaborations, such as joint ventures with M/s. Jawahar Constructions and M/s CDR & Co. Constructions JV, underscore its capability to undertake and execute extensive projects, thereby strengthening its order book and project pipeline.
Service Offerings
AVP Infracon Limited’s service offerings encompass a wide range of pre-construction and post-completion services. These include designing services, where the company leverages in-house capabilities for engineering and design, estimation services for meticulous project planning and execution, and procurement and construction management services for efficient resource utilization. The company’s pre-construction services are geared towards ensuring schematic design excellence, streamlined approvals, procurement efficiency, and accurate budgeting. Upon project completion, AVP Infracon Limited focuses on impeccable handovers, maintenance guidance, and final inspection excellence, ensuring client satisfaction and project durability.
In conclusion, AVP Infracon Limited stands as a testament to visionary leadership, strategic partnerships, and an unwavering commitment to quality and innovation. As the company continues to navigate the complexities of the infrastructure development sector, its foundational strengths and strategic endeavors position it for continued success and growth in the years to come.
Objects of the AVP Infracon Limited IPO:
AVP Infracon Limited IPO Details:
Open Date: | Mar 13 2024 |
Close Date: | Mar 15 2024 |
Total Shares: | 6,979,200 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 52.34 Cr. |
Lot Size: | 1600 Shares |
Issue Price: | ₹ 71 - 75 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Mar 20 2024 |
Promoters And Management:
Financials of AVP Infracon Limited IPO:
Particular (In Lakh) | Mar-23 | 6MFY24 |
Revenue from Operations | 11,498 | 7,405 |
Cost of Material Consumed | 4696 | 3546 |
Other Direct Expenses | 3775 | 1626 |
Employee Cost | 461 | 347 |
Other Expenses | 279 | 151 |
EBITDA | 2287 | 1735 |
EBIDTA Margin | 19.89% | 23.43% |
Other income | 52 | 6 |
Depreciation | 290 | 181 |
Interest | 439 | 357 |
Profit before tax | 1610 | 1203 |
Tax | 395 | 328 |
Net profit | 1205 | 856 |
NPM (%) | 10.43% | 11.55% |
Comparison With Peers:
Name of the Companies | Revenue (Cr) | Profit (Cr) | EPS | P/E | CMP | MCap (Cr) |
AVP Infracon Limited | 115 | 12 | 4.82 | 15.5 | 75 | 187 |
Udayshivakumar Infra Limited | 287 | 16 | 3.76 | 13.6 | 51 | 285 |
Rachana Infrastructure Limited | 63 | 2 | 1.21 | 45 | 60 | 113 |
H.G. Infra Engineering Limited | 4622 | 493 | 75.6 | 11.5 | 895 | 5833 |
Lead Manager of AVP Infracon Limited IPO:
Registrar of AVP Infracon Limited IPO:
Company Address:
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