AVP Infracon IPO

AVP Infracon Limited was established in 2009 and is engaged in the construction of road projects on the basis of Bill of Quantities (BOQ) and Engineering, Procurement and Construction (EPC). The company was previously known as AVP Constructions Private Limited. The company provides all types of infrastructure development works, civil works like expressways, national highways, flyovers, bridges and viaducts, irrigation projects, urban development - civic amenities, hospitals, warehouses, hotels and other commercial and residential projects. The company bids for construction of roads, bridges, irrigation and canal projects, flyovers and industrial areas, mainly in the state of Tamil Nadu. As of January 2024, the company has completed over 40 projects worth around Rs. 31,321.03 lakhs and employs more than 100 people.

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects: To Purchase Capital Equipment, To Meet Working Capital Requirements, General corporate purposes, and To meet Public Issue Expenses.

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