{"id":4228,"date":"2024-03-28T06:10:33","date_gmt":"2024-03-28T06:10:33","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=4228"},"modified":"2025-02-14T09:42:44","modified_gmt":"2025-02-14T09:42:44","slug":"avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses\/","title":{"rendered":"AVP Infracon IPO: Overview, Key Details, Financials, Strengths, and Weaknesses"},"content":{"rendered":"\n<p>Are you bullish on India\u2019s infrastructure story? Today, we\u2019ll be exploring a construction company\u2019s IPO. Let\u2019s understand its overview, clientele, and SWOT analysis.&nbsp;&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses\/#AVP_Infracon_IPO_Overview\" title=\"AVP Infracon IPO Overview\">AVP Infracon IPO Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses\/#Details_of_the_Issue\" title=\"Details of the Issue\">Details of the Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses\/#AVP_Infracon_IPO_Financial_Highlights\" title=\"AVP Infracon IPO Financial Highlights\">AVP Infracon IPO Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses\/#Strengths\" title=\"Strengths\">Strengths<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses\/#Weaknesses\" title=\"Weaknesses&nbsp;\">Weaknesses&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses\/#Growth_Potential\" title=\"Growth Potential\">Growth Potential<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/avp-infracon-ipo-overview-key-details-financials-strengths-and-weaknesses\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-avp-infracon-ipo-overview\"><span class=\"ez-toc-section\" id=\"AVP_Infracon_IPO_Overview\"><\/span>AVP Infracon IPO Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>AVP Infracon Limited, earlier known as AVP Constructions Private Limited, was founded in 2009, and the founder was determined to make it India\u2019s leading construction company. The company specializes in the construction of road projects and engineering, procurement, and construction methods.<\/p>\n\n\n\n<p>The company has partnered strategically as a joint venture with M\/s Jawahar Constructions and M\/s CDR &amp; Co. Constructions. This will increase their efficiency in completing projects and strengthening their order book.<\/p>\n\n\n\n<p>Their projects generally include expressways, national highways, flyovers, bridges, irrigation projects, and urban development projects. As of December 2023, they have completed more than 40 projects, and the value of those projects is estimated to be around 313.21 crores.<\/p>\n\n\n\n<p>The company bids for projects mainly in Tamil Nadu and has its head office in Chennai.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Construction-amico.png\" alt=\"\" class=\"wp-image-4231\" style=\"aspect-ratio:1.3333333333333333;object-fit:cover;width:484px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Construction-amico-1024x1024.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Construction-amico-300x300.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Construction-amico-150x150.png 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Construction-amico-768x768.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Construction-amico-1536x1536.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Construction-amico.png 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-clientele\">Clientele<\/h3>\n\n\n\n<p>Their major clients include Greater Chennai Corporation, the National Highway Authority of India, the Tamil Nadu Public Works Department, the Tamil Nadu Highways Department, and the Ministry of Road Transport and Highways.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-promoters\">Promoters<\/h3>\n\n\n\n<p>The company&#8217;s promoters are Mr. B Venkateshwarlu and Mr. D Prasanna. They own about 86.5% of the business. The promoter&#8217;s pre-issue stake in the company is 86.5%, and their post-issue stake is expected to be 62.33%.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-details-of-the-issue\"><span class=\"ez-toc-section\" id=\"Details_of_the_Issue\"><\/span>Details of the Issue<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>AVP Infracon is planning an initial public offering (IPO) to sell 69.79 lakh shares and raise INR 52.34 crores. This is an entirely fresh issue. The initial public offering (IPO) price range is 71 to 75 INR per share. A minimum lot size of 1600 shares has been decided.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-key-details\">Key Details<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><strong>Face Value of Share<\/strong><\/td><td>INR 10 Rs<\/td><\/tr><tr><td><strong>Price Band<\/strong><\/td><td>INR 71 to INR 75 per share<\/td><\/tr><tr><td><strong>Market Lot<\/strong><\/td><td>1600 Shares<\/td><\/tr><tr><td><strong>Total Fresh Issue Size<\/strong><\/td><td>52.34 Crores<\/td><\/tr><tr><td><strong>Total Number of Shares<\/strong><\/td><td>69.79 Lakh shares<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-timeline\">Timeline<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><strong>IPO Open Date<\/strong><\/td><td>13<sup>th<\/sup> March 2024<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>15<sup>th<\/sup> March 2024<\/td><\/tr><tr><td><strong>Finalization of Allotment<\/strong><\/td><td>18<sup>th<\/sup> March 2024<\/td><\/tr><tr><td><strong>Initiation of Refund &amp; Credit of shares into Demat account<\/strong><\/td><td>19<sup>th<\/sup> March 2024<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>20<sup>th<\/sup> March 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-allotment-size\">Allotment Size<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Applicant<\/th><th class=\"has-text-align-center\" data-align=\"center\">Market Lot<\/th><th class=\"has-text-align-center\" data-align=\"center\">Share<\/th><th class=\"has-text-align-center\" data-align=\"center\">Amount (INR)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Retailer (Min)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1<\/td><td class=\"has-text-align-center\" data-align=\"center\">1600<\/td><td class=\"has-text-align-center\" data-align=\"center\">INR 120000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Retailer (Max)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1<\/td><td class=\"has-text-align-center\" data-align=\"center\">1600<\/td><td class=\"has-text-align-center\" data-align=\"center\">INR 120000<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>High Net Worth Individual (Min)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">2<\/td><td class=\"has-text-align-center\" data-align=\"center\">3200<\/td><td class=\"has-text-align-center\" data-align=\"center\">INR 240000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-reservation\">Reservation<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Investor Category<\/th><th class=\"has-text-align-center\" data-align=\"center\">Shares Offered<\/th><th class=\"has-text-align-center\" data-align=\"center\">% Offered<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Anchor Investor Shares Offered<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1870400<\/td><td class=\"has-text-align-center\" data-align=\"center\">26.8<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Market Maker Shares Offered<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">731200<\/td><td class=\"has-text-align-center\" data-align=\"center\">10.48<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>QIB Shares Offered<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1248000<\/td><td class=\"has-text-align-center\" data-align=\"center\">17.88<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>NII Shares<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">939200<\/td><td class=\"has-text-align-center\" data-align=\"center\">13.46<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Retail Shares Offered<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">2190400<\/td><td class=\"has-text-align-center\" data-align=\"center\">31.38<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Shares Offered<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">6979200<\/td><td class=\"has-text-align-center\" data-align=\"center\">100<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Read Also:<\/strong> <strong><a href=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Exicom Tele-Systems IPO: Business Model, KPIs, SWOT Analysis, and FAQs<\/a><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-objective\">Objective<\/h3>\n\n\n\n<p>The proceeds from this issue will be utilized to purchase equipment, meet working capital requirements, and general corporate purposes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-avp-infracon-ipo-financial-highlights\"><span class=\"ez-toc-section\" id=\"AVP_Infracon_IPO_Financial_Highlights\"><\/span>AVP Infracon IPO Financial Highlights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-balance-sheet\">Balance Sheet<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>31<sup>st<\/sup> March 2022<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>31<sup>st<\/sup> March 2021<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Non-Current Asset<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">3314.95<\/td><td class=\"has-text-align-center\" data-align=\"center\">1210.4683<\/td><td class=\"has-text-align-center\" data-align=\"center\">1165.3077<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Current Asset<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">11268.36<\/td><td class=\"has-text-align-center\" data-align=\"center\">4681.8282<\/td><td class=\"has-text-align-center\" data-align=\"center\">3752.0499<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Asset<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">14583.33<\/td><td class=\"has-text-align-center\" data-align=\"center\">5892.2965<\/td><td class=\"has-text-align-center\" data-align=\"center\">4917.3579<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Shareholder\u2019s Fund<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">2496.14<\/td><td class=\"has-text-align-center\" data-align=\"center\">1046.6482<\/td><td class=\"has-text-align-center\" data-align=\"center\">509.7684<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Long Term Liability<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">3228.1<\/td><td class=\"has-text-align-center\" data-align=\"center\">2002.7479<\/td><td class=\"has-text-align-center\" data-align=\"center\">1769.1512<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Current Liability<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">5972.65<\/td><td class=\"has-text-align-center\" data-align=\"center\">2842.9004<\/td><td class=\"has-text-align-center\" data-align=\"center\">2638.4384<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-income-statement\">Income Statement<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">31<sup>st<\/sup> March 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Revenue from Operations<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">11498.08<\/td><td class=\"has-text-align-center\" data-align=\"center\">7094.9034<\/td><td class=\"has-text-align-center\" data-align=\"center\">5080.8052<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Income<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">11550.09<\/td><td class=\"has-text-align-center\" data-align=\"center\">7174.2027<\/td><td class=\"has-text-align-center\" data-align=\"center\">6362.1746<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Expenses<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">10027.17<\/td><td class=\"has-text-align-center\" data-align=\"center\">6785.8604<\/td><td class=\"has-text-align-center\" data-align=\"center\">6120.3692<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Profit before tax<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1522.92<\/td><td class=\"has-text-align-center\" data-align=\"center\">388.3423<\/td><td class=\"has-text-align-center\" data-align=\"center\">241.8054<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Profit after tax<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">1151.79<\/td><td class=\"has-text-align-center\" data-align=\"center\">276.8800<\/td><td class=\"has-text-align-center\" data-align=\"center\">170.0461<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-cash-flow-statement\">Cash Flow Statement<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-left\" data-align=\"left\">31<sup>st<\/sup> March 2023<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Cash flow from operating activities<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\">1339.85<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Cash flow from investing activities<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\">(1133.35)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Cash flow from financing activities<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\">300.16<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-key-performance-indicators-kpis\">Key Performance Indicators (KPIs)<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Indicators<\/th><th class=\"has-text-align-left\" data-align=\"left\">Values (2023)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Return on Equity (ROE)<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\">25.05%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Return on Capital Employed (ROCE)<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\">22.62%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Debt-to-Equity Ratio<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\">1.96<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Return on Net Worth<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\">25.05%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Price to Book Value (P\/BV)<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\">3.96<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Profit after tax margin<\/strong><\/td><td class=\"has-text-align-left\" data-align=\"left\">11.91<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-strengths\"><span class=\"ez-toc-section\" id=\"Strengths\"><\/span>Strengths<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>1. The company has a <strong>great clientele,<\/strong> which also includes government agencies.<\/p>\n\n\n\n<p>2. The company has a <strong>solid revenue track record<\/strong>, as evidenced by the about 62% YoY increase in sales.<\/p>\n\n\n\n<p>3. The management has<strong> managed construction projects for more than 15 years<\/strong>, and thanks to their skills, they have become recognized as leaders in the field.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-weaknesses-nbsp\"><span class=\"ez-toc-section\" id=\"Weaknesses\"><\/span>Weaknesses&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>1.&nbsp; Since all of the company&#8217;s revenue originates from Tamil Nadu, any <strong>unfavorable government action could negatively impact business operations.&nbsp;<\/strong><\/p>\n\n\n\n<p>2.&nbsp; Any <strong>delay in the project would increase the operating cost<\/strong>, impacting their profit margins.<\/p>\n\n\n\n<p>3.&nbsp; A <strong>significant increase in the company&#8217;s current liability <\/strong>can be seen in FY 2023, which has increased by almost 110% on a YoY basis.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Warning-amico.png\" alt=\"Risks of AVP Infracon\" class=\"wp-image-4230\" style=\"object-fit:cover;width:342px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Warning-amico-1024x1024.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Warning-amico-300x300.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Warning-amico-150x150.png 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Warning-amico-768x768.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Warning-amico-1536x1536.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Warning-amico.png 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-growth-potential\"><span class=\"ez-toc-section\" id=\"Growth_Potential\"><\/span>Growth Potential<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The development of Indian roadways and highways is expected to have a cagr of 36% between 2016 to 2025. This is because the government focuses on infrastructural development by providing world-class roadways and highways in India. Since AVP Infracon has been a part of the industry for a considerable time, they have a huge opportunity.&nbsp;<\/p>\n\n\n\n<p><strong>Read Also:<\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/enfuse-solutions-limited-ipo-business-model-and-swot-analysis\/\"><strong> <\/strong>Enfuse Solutions Limited: IPO, Business Model, And SWOT Analysis<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Infracon is a small and medium enterprise-scale company that is a dominant player in Tamil Nadu. The company&#8217;s profitability is increasing on a strong YoY basis with their revenue. However, it is important to know that before investing, you must understand the benefits and risks of investing in SME companies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What does AVP Infracon do?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">AVP Infracon is a Tamil Nadu-based construction company engaged in developing roads, bridges, flyovers, etc.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Did AVP infracon give any listing gains?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">AVP Infracon gave a total of 5.33% of listing gains as it got listed at 79, more than the issue price of 75.\u00a0<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>When was AVP Infracon IPO accepting applications?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">AVP Infracon&#8217;s IPO was open from 13th March to 15th March 2023, and an investor within these 3 days could apply for it.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What was the minimum amount required to apply for an AVP Infracon IPO?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">To apply for one bid for the AVP Infracon IPO, a retail investor needs 1,20,000 INR.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What does the company\u2019s income statement say about the company?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The topline figures have seen massive growth in the past 2 years, and expenses did not increase similarly. Hence, this led to a substantial increase in the company\u2019s profitability.\u00a0<\/p><\/ul><\/div>\n\n\n<p><em><strong>Disclaimer:<\/strong> The securities, funds, and strategies mentioned in this blog are purely for informational purposes and are not recommendations.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you bullish on India\u2019s infrastructure story? Today, we\u2019ll be exploring a construction company\u2019s IPO. Let\u2019s understand its overview, clientele, and SWOT analysis.&nbsp;&nbsp; AVP Infracon IPO Overview AVP Infracon Limited, earlier known as AVP Constructions Private Limited, was founded in 2009, and the founder was determined to make it India\u2019s leading construction company. The company [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-4228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study"],"acf":{"freelancer":"Akash Gupta"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AVP Infracon IPO: Overview, Key Details, Financials, Strengths, and Weaknesses - Pocketful<\/title>\n<meta name=\"description\" content=\"If you want to invest in an infrastructure SME IPO, this blog is for you. 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