Avax Apparels And Ornaments Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 07-01-2025 | 09-01-2025 | ₹10 per share | 0 | 2,000 Shares | BSE SME | 2,74,000 shares (aggregating up to ₹1.92 Cr) | 2025-01-10 00:00:00 | 2025-01-13 00:00:00 | 2025-01-13 00:00:00 | 14-01-2025 |
About The Company
Avax Apparels And Ornaments IPO is a fixed price issue of Rs 1.92 crores. The issue is entirely a fresh issue of 2.74 lakh shares.
Avax Apparels And Ornaments IPO opens for subscription on January 7, 2025 and closes on January 9, 2025. The allotment for the Avax Apparels And Ornaments IPO is expected to be finalized on Friday, January 10, 2025. Avax Apparels And Ornaments IPO will list on BSE SME with tentative listing date fixed as Tuesday, January 14, 2025.
Avax Apparels And Ornaments IPO price is ₹ 70 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is ₹1,40,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹2,80,000.
SKI Capital Services Limited is the book running lead manager of the Avax Apparels And Ornaments IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.The market maker for Avax Apparels And Ornaments IPO is SKI Capital Services Limited.
Refer to Avax Apparels And Ornaments IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 58 | 29 | 1 | 1.65 | 0 | 30 |
| 31-03-2023 | 347 | 1470 | 69 | 176.49 | 0 | 0 |
| 31-03-2024 | 485 | 2206 | 138 | 138.19 | 0 | 71.5 |
| 30-09-2024 | 1089 | 1501 | 91 | 405.3 | 0 | 72.02 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Non-Institutional Buyers | 140.46 |
| Retail Investors | 379.29 |
| Total | 260.39 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | 140000 |
| Retail (Max) | 1 | 2000 | 140000 |
| HNI (Min) | 2 | 4000 | 280000 |
IPO Listing Details
| Listing Date | 14-01-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price |
Promoter holdings
The Promoters of the company are Mr. Harinderpal Singh Sodhi and Mr. Harish Kumar
Contact Information of the Company
Avax Apparels And Ornaments Limited
611 6th Floor
Jaina Tower II Distt. Centre
Janakpuri, West Delhi,-110058
Phone: +011-44750642
Email: secretarial@avaxapparels.com
Website: https://avaxapparels.com/
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
SKI Capital Services Limited (Past IPO Performance)