Avax Apparels and Ornaments Ltd
Price Range
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Avax Apparels and Ornaments Ltd IPO Timeline
Avax Apparels & Ornaments Limited was originally incorporated on June 2, 2005 as a Private Limited Company under the name 'Ethnic Designers Private Limited'' with the Registrar of Companies, Delhi & Haryana. The Company name was changed to 'Avax Soft Technologies Private Limited' dated October 11, 2021 by Registrar of Companies, Delhi. The Company was subsequently converted into a Public Limited Company and name of the Company was changed to Avax Soft Technologies Limited vide fresh Certificate of Incorporation dated November 18, 2022. The name of the Company was further changed to 'Avax Apparels and Ornaments Limited' vide certified Incorporated on June 15, 2023 issued by the Registrar of Companies, NCT of Delhi & Haryana.
| Event | Date |
|---|---|
| Avax Apparels and Ornaments Ltd IPO Opening Date | 7 January 2025 |
| Avax Apparels and Ornaments Ltd IPO Closing Date | 9 January 2025 |
| Basis of Allotment | 10 January 2025 |
| Initiation of Refunds | 10 January 2025 |
| Credit of Shares to Demat | 13 January 2025 |
| Avax Apparels and Ornaments Ltd IPO Listing Date | 14 January 2025 |
Avax Apparels and Ornaments Ltd IPO Details
| Avax Apparels and Ornaments Ltd IPO Date | - |
| Avax Apparels and Ornaments Ltd IPO Face Value | - |
| Avax Apparels and Ornaments Ltd IPO Price | - |
| Avax Apparels and Ornaments Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | Not less than 1,30,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 1,30,000 of the Net Offer |
| Company Promoters | Harinderpal Singh Sodhi, Harish Kumar |
Avax Apparels and Ornaments Ltd IPO Lot Size
The Avax Apparels and Ornaments Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
- Company's Core Business.
- Qualified & Experienced Team.
- Customers Base.
- Geographic Exposure.
- Competitive Advantage.
- Corporate Governance.
- Industry Growth Trends.
- Wide Product Range.
Company Financials
Avax Apparels and Ornaments Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 4.85 | 22.06 | 1.38 |
| 03-2023 | 3.47 | 14.7 | 0.69 |
| 03-2022 | 0.58 | 0.29 | 0.01 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working Capital Requirement
- General Corporate Purposes
Avax Apparels and Ornaments Ltd IPO Promoter Holding
| Pre Issue Share Holding | 28.5% |
| Post Issue Share Holding | 20.99% |
Avax Apparels and Ornaments Ltd IPO Subscription Status (Bidding Detail)
The Avax Apparels and Ornaments Ltd IPO is subscribed 247.1679 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 372.3539 times in the retail category, 0 times in the QIB category, and 140.5692 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | 140.5692 | 372.3539 | - | 247.1679 |
Avax Apparels and Ornaments Ltd IPO Prospectus
Avax Apparels and Ornaments Ltd IPO Listing Date
| BSE Script | 544337 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0NQ401016 |
| IPO Price | ₹70 |
| Face Value | ₹10 |
Company Contact Information
611 6th Floor JainaTowerII Distt Centre Janakpuri,Delhi-110058
Phone: +011-4475 0642/+91-9599497767
Email: secretarial@avaxapparels.com
Website: https://www.avaxapparels.com
Avax Apparels and Ornaments Ltd IPO Registrar
Avax Apparels and Ornaments Ltd IPO Lead Manager(s)
- SKI Capital Services Ltd
FAQ
What is the issue size of Avax Apparels and Ornaments Ltd IPO?
I have pre-applied for Avax Apparels and Ornaments Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.