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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.

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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

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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.

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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.

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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.

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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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