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AVP Infracon Limited IPO

AVP Infracon Limited was a SME IPO in the Civil Construction sector, offered at ₹71–₹75 per share to raise ₹52 crore. It listed on 20 Mar 2024 at ₹79 and closed its first day at ₹75, a listing gain of +0.1% versus the ₹75 issue price. It now trades around ₹60 (-20.5% versus the issue price).

Frequently asked questions

What were the AVP Infracon Limited IPO listing gains?
AVP Infracon Limited listed on 20 Mar 2024 at ₹79, closing its first day at ₹75 — a listing gain of +0.1% versus the ₹75 issue price.
What was the price band and lot size of the AVP Infracon Limited IPO?
The price band was ₹71–₹75 per share, with a minimum lot of 1,600 shares (₹1,20,000 at the upper band).
Who were the registrar and lead manager for the AVP Infracon Limited IPO?
Purva Sharegistry India Private Limited was the registrar, and Share Capital Services was the book-running lead manager.