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Issue Open Date
|
13-Mar-24
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|
Issue Closing Date
|
15-Mar-24
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
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Price Band
|
71
-
75
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|
Minimium Application No.
|
1600
|
|
Issue Size (Shares)
|
6979200
|
|
Market Lot
|
1
|
|
|
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Objective
|
1. To Purchase Capital Equipment2. To Meet Working Capital Requirements3. General corporate purposes4. To meet Public Issue Expenses
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|
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
|
44073600
|
|
Qualified Institutional Buyers
|
|
1310400
|
|
Retail Individual Investors
|
|
49265600
|
|
|
|
|
Business Description
We are a dynamic private sector firm involved in the construction of road projects based on Bill of Quantities(BOQ) and Engineering, Procurement, and Construction (EPC) methods. Our Company is engaged in thebusiness of construction and transacts the business to construct, build, alter, acquire, convert, improve, design,erect, establish, equip, develop, dismantle, pull down, level, decorate, fabricate, reconstruct, renovate, remodel,rebuild all types of infrastructure developmental works, constructions works such as technically complex andhigh value projects like Express ways, National Highways, Flyovers, Bridges and Viaducts, Irrigation Projects,Urban Development - Civic amenities, Hospitals, warehouses, hotels and other Commercial and ResidentialProjects. We have in-house capabilities to deliver a project from conceptualization to completion with fastturnaround time from acquisition to launch to completion, which focuses on de-risking and improving return oninvestment.
|
|
Promoter's Holding
|
|
Total Share Capital
|
15570000
|
|
Offered to Public
|
6979200
|
|
Promoter's Holding (Pre-Issue)
|
86.5
|
|
Promoter's Holding (Post-Issue)
|
62.34
|
|
|
|
|
|
|
|
Address |
Plot No. E-30 Second Floor 2nd Avenue Besant Nagar
Chennai,
Tamil Nadu,
600090
Phone : 044-48683999 / 9363066331
Email : info@avpinfra.com
Website : www.avpinfra.com
|
|
Registrar |
Purva Shareregistry (India) Pvt Ltd
Gala No 9 Shiv Shakti Industrial Estate Sitaram Mill Comp. J R Boricha Marg Lower Parel [E] Mumbai
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Listed at |
NSE
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|
Lead Manager |
Share India Capital Services Pvt Ltd.
|
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Promoters |
B Venkateshwarlu D Prasanna
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|