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AITMC Ventures (AVPL)

Agriculture

Drone

Approaching IPO

AITMC Ventures Ltd. (AVPL International) is a prominent player in the drone and agriculture industry in India. Headquartered in Gurugram, Haryana, AVPL specializes in manufacturing agricultural drones and providing comprehensive training programs. The company has recently achieved a significant milestone by receiving the Directorate General of Civil Aviation (DGCA) type certification for its Agriculture Drone, VIRAJ. This certification enhances AVPL's credibility and positions it to capitalize on the growing drone market in India​ (AVPL)​​. AVPL International stands out in the drone industry through its integrated approach combining manufacturing, training, and service provision, aiming to lead the market in agricultural drone technology and training.

Key Highlights

- Drone Manufacturing and sales - The company produces various types of drones, including the VIRAJ UAS, which is used for seed broadcasting, agrochemical spraying, and remote pilot training. They have a drone production unit in Jhajjar and are setting up another in Hisar, Haryana​ -Training and certification services - The company provides skill development and value-driven training to farming community in rural India. AVPL offers extensive training programs through its numerous centers across India. These programs are designed to empower individual with skills in drone operation and maintenance, thereby creating a pool of "Dronepreneurs" and "Agripreneurs"​ - Drone as a Service (DaaS): The company provides services such as drone-based agricultural solutions and other commercial applications. This service model aligns with government initiatives to boost technology adoption in agriculture and create employment opportunities​ - Government Partnerships and Subsidies: AVPL collaborates with various state governments, the National Skill Development Corporation (NSDC), and the National Cooperative Development Corporation (NACOF) to provide subsidized training and equipment, thus supporting its growth and outreach

FAQs

Unlisted shares of AITMC Ventures (AVPL) can be bought through a stockbroker or dealer specializing in unlisted shares like unlistedassets.com where you will find the best price for the unlisted shares and can also read about the unlisted companies’ profile and read its financials which helps users to get comfortable with unlisted company information before they can invest in the AITMC Ventures (AVPL) unlisted shares.

You can sell unlisted shares of AITMC Ventures (AVPL) through a stockbroker or through a platform like Unlistedassets.com, etc. Once the deal is confirmed, you can transfer the unlisted shares to the buyer through the Depository Participant (DP)/demat account.

Typically, the lock-in period for unlisted shares ranges from 6 months to 3 years. However, the exact lock-in period for unlisted shares varies from company to company and is subject to the company's board of directors.

(i) AIF-II - There is no locking period for Unlisted Shares.

(ii) Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of AITMC Ventures (AVPL)

The expected IPO date of AITMC Ventures (AVPL) has not been announced yet. Please keep a check on Unlisted Assets.com for getting the recent updates on AITMC Ventures (AVPL) unlisted shares
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