Sensex
83,184.80 profit arw 236.57 (0.29%)
Nifty
25,415.80 profit arw 38.25 (0.15%)
Nasdaq
17,573.30 profit arw -54.76 (-0.31%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


AVP Infracon Ltd
Registered Office: Plot No E 30 Second Floor, IInd Avenue Besant Nagar, Chennai - 600090, Tamil Nadu
Phone: +91 44 4868 3999
Email: cs@avpinfra.com
Website: www.avpinfra.com
Initial public issue of up to 69,79,200 equity shares of face value of Rs. 10/- each of AVP Infracon Limited (AIL or the Company or the Issuer) for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share (the Issue Price) aggregating to Rs. 52.34 crores (The Issue), of which 7,31,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 5.48 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 62,48,000 equity shares of face value of Rs. 10/- each at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 46.86 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.94% and 25.01%, respectively, of the post issue paid up equity share capital of the company. The Offer Price is Rs. 75 per equity share of face value of Rs. 10 each. The Offer price is 7.5 times of the face value. Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
13-Mar-2024 15-Mar-2024 ₹ 75.00 ₹ 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Share India Capital Services Pvt Ltd
Project Financed through Current Offer 52.34
Post Issue Equity Share Capital 24.98
Issue Price ₹75.00
Projects
To purchase capital equipment
To meet working capital requirements
General corporate purposes
Promoted By
D Prasanna
B Venkateshwarlu
Vasanth D
Listing At
NSE - SME
Registrar to the Issue
Purva Sharegistry (India) Pvt

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)