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Avax Apparels And Ornaments Limited IPO (Avax Apparels And Ornaments IPO ) Details
Avax Apparels And Ornaments Limited
Avax Apparels And Ornaments IPO 's overview
Avax Apparels And Ornaments IPO bidding started from Sep 20, 2024 and ended on Sep 24, 2024. The allotment for Avax Apparels And Ornaments IPO was finalized on Sep 25, 2024. The shares got listed on BSE on Sep 27, 2024.
Avax Apparels And Ornaments IPO price band is set at ₹0 to ₹70 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹0.
Refer to Avax Apparels And Ornaments IPO RHP for detailed information.
IPO date
Sep 20,2024 - Sep 24,2024
Listing Date
Sep 27,2024
Face value
₹10
Price Band
0₹70 per share
Lot
₹2000 Shares
Total Issue Size
2.74 Lakh (2,74,000)
aggregating up to ₹1.92 Cr (1,91,80,000)
Fresh Issue
2.74 Lakh (2,74,000)
aggregating up to ₹1.92 Cr (1,91,80,000)
Issue Type
Fixed Price
IPO Type
SMEListing At
BSE
Fri, Sep 20, 2024
IPO Open
Tue, Sep 24, 2024
IPO Close
Wed, Sep 25, 2024
Basis of Allotment
Thu, Sep 26, 2024
Initiation of Refunds
Thu, Sep 26, 2024
Credit of Shares to Demat
Fri, Sep 27, 2024
Listing
Avax Apparels And Ornaments IPO Day-wise IPO GMP Trend
Avax Apparels And Ornaments IPO last GMP is ₹0, last updated Sep 19,2024. With the price band of 70.00, Avax Apparels And Ornaments IPO 's estimated listing price is ₹70 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 19-Sep-24 | 70.00 | 0 | 70(0.00%) | 19-Sep-2024 15:57 |
| 18-Sep-24 | 70.00 | 0 | 70(0.00%) | 18-Sep-2024 23:30 |
| 17-Sep-24 | 70.00 | 0 | 70(0.00%) | 17-Sep-2024 23:28 |
| 16-Sep-24 | 70.00 | 0 | 70(0.00%) | 16-Sep-2024 23:25 |
| 01-Jan-70 | 70 | (0.00%) | 1-Jan-1970 00:00 |
Avax Apparels And Ornaments IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 2,000 | ₹1.40 Lakh (1,40,000) |
Retail(Max) | 1 | 2,000 | ₹1.40 Lakh (1,40,000) |
HNI(Min) | 2 | 4,000 | ₹2.80 Lakh (2,80,000) |
About Avax Apparels And Ornaments Limited
Incorporated in June 2005, Avax Apparels And Ornaments Limited is involved in two separate lines of business:
- Wholesale trading
- Online retail of silver ornaments
The company wholesales knitted fabric and sells silver ornaments online, including rings, ladies' payal, gents kada, plate sets, glass, bangles, bowls, chains, and other jewellery. It supplies all major cities across the country.
The company has several key advantages in wholesale trading. It is geographically located in the hub of cloth manufacturing, which provides a significant advantage. In addition, the company benefits from the growing demand for these products and the strong business relationships maintained by the management, all of which contribute to the company's success in this segment.
Competitive Strengths
Locational advantage
- Good network and connections with the players in the Sector
- Excellent Customer Relations
- Experienced and professional Team
- Good Track record of the management
As of September 2024, the company has 7 full term employees.
Avax Apparels And Ornaments IPO 's documents
Avax Apparels And Ornaments Limited Contact Details
Avax Apparels And Ornaments Limited
611 6th Floor
r Jaina Tower II Distt. Centre
anakpuri, West Delhi,-110058
Phone: +011-44750642
Email: [email protected]
Website: https://avaxapparels.com/
Avax Apparels And Ornaments IPO 's Promoters
The Promoters of the company are Mr. Harinderpal Singh Sodhi and Mr. Harish Kumar