Open Date
13 Mar 24
15 Mar 24
Listing Date
Close Date
Allotment Date
20 Mar 24
18 Mar 24
Lot Size
1600 shares
IPO Size
₹52.34 Cr.
Price Range
₹71to ₹75
Min. Investment
₹113,600
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.
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.
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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