Avax Apparels and Ornaments Ltd
Price Range
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Min. Quantity
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Closes on
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Min. investment
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Avax Apparels and Ornaments Ltd IPO Timeline
Avax Soft Technologies Limited which formerly incorporated on June 2, 2005 as a Private Limited Company under the name 'Ethnic Designers Private Limited'' was changed to 'Avax Soft Technologies Private Limited' dated October 11, 2021 by Registrar of Companies, Delhi & Haryana. Consequently, the Company converted into a Public Company and the name was changed to Avax Soft Technologies Limited vide a fresh Certificate of Incorporation dated November 18, 2022 issued by Registrar of Companies, NCT of Delhi & Haryana.
| Event | Date |
|---|---|
| Avax Apparels and Ornaments Ltd IPO Opening Date | 1 January 1970 |
| Avax Apparels and Ornaments Ltd IPO Closing Date | 1 January 1970 |
| Basis of Allotment | 25 September 2024 |
| Initiation of Refunds | 25 September 2024 |
| Credit of Shares to Demat | 26 September 2024 |
| Avax Apparels and Ornaments Ltd IPO Listing Date | 27 September 2024 |
Avax Apparels and Ornaments Ltd IPO Details
| Avax Apparels and Ornaments Ltd IPO Date | - |
| Avax Apparels and Ornaments Ltd IPO Face Value | ₹ per share |
| Avax Apparels and Ornaments Ltd IPO Price | ₹ to ₹ per share |
| Avax Apparels and Ornaments Ltd IPO Lot Size | Invalid Number |
| Issue Size | Shares of ₹ (aggregating up to ₹Invalid Number Cr) |
| Fresh Issue | Shares of ₹ (aggregating up to ₹ Cr) |
| Offer for Sale | - |
| Issue Type | |
| Listing At | |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| 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 0 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Avax Apparels and Ornaments Ltd IPO Prospectus
Avax Apparels and Ornaments Ltd IPO Listing Date
| Listing Date | 27 September 2024 |
| BSE Script | - |
| 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.