AVP Infracon Limited IPO
AVP Infracon IPO offers INR 52.34 cr and 69.79L fresh shares for working capital and capital equipment, fueling growth in infrastructure development.
Important Details
Date: Mar 13 to Mar 15, 2024 Listing Date: Mar 20, 2024 Price: INR 71 to 75 per share Lot Size: 1600 Shares Total Issue Size: INR 52.34 cr
Fundamental Analysis
AVP Infracon's IPO financials reveal growth but recent declines in revenue and EPS, which send mixed signals to investors. Caution is advised. Evaluate potential risks carefully.
Peer Comparison
AVP Infracon Ltd, with ₹10,633.56 lakhs revenue and RoNW of 46.18%, outperforms peers in profitability. Lower EPS but superior efficiency than H.G.Infra.
Objective
AVP Infracon's IPO aims to invest INR 15 crores in capital equipment and allocate INR 35 crores for working capital needs, enhancing operational efficiency and growth.
Risks And Challenges
AVP Infracon's IPO involves risks of regional revenue dependency and inadequate working capital. Caution is advised due to potential impacts on financial performance.
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