:::LALKAR GROUP::::

AVP Infracon Ltd

Registered Office: Plot No E 30 Second Floor,IInd Avenue Besant Nagar, Chennai - 600090, Tamil Nadu, India.
Phone : +91 44 4868 3999 Fax:
Email : cs@avpinfra.com
Website : www.avpinfra.com

Initial public issue of up to 69,79,200 equity shares of face value of Rs. 10/- each of AVP Infracon Limited ("AIL" or the "Company" or the "Issuer") for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share (the "Issue Price") aggregating to Rs. 52.34 crores ("The Issue"), of which 7,31,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 5.48 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 62,48,000 equity shares of face value of Rs. 10/- each at a price of Rs. 75/- per equity share including a share premium of Rs. 65/- per equity share aggregating to Rs. 46.86 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.94% and 25.01%, respectively, of the post issue paid up equity share capital of the company. The Offer Price is Rs. 75 per equity share of face value of Rs. 10 each. The Offer price is 7.5 times of the face value. Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
13-Mar-24	15-Mar-24	75.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

	(Rs)	Lead Managers to the Issue
Project Cost	0.00	Share India Capital Services Pvt Ltd
Project Financed through Current Offer	52.34
Post Issue Equity Share Capital	24.98
Issue Price	75.00

Projects

To purchase capital equipment	To meet working capital requirements
General corporate purposes

Promoted By

D Prasanna

B Venkateshwarlu

Vasanth D

Listing At

NSE - SME

Registrar to the Issue

No Data Available