Recently Viewed
Clear All
Bidding Date
07-Jan-2025 to
09-Jan-2025
Issue Size
₹1.92 Cr
Price Band
₹70
Allotment date
10-Jan-2025
Listing date
14-Jan-2025
Lot size
2000
No. of shares
2,74,000
Fresh issue/OFS
₹1.92 Cr /--
Avax Apparels and Ornaments Limited was founded in 2005 with a focus on two distinct business lines: wholesale trading of knitted cloth and online retail of silver ornaments. The company operates from its registered office in New Delhi, with additional offices and a factory cum warehouse in Punjab. The 'wholesale trading of knitted cloth' segment accounts for the majority of the company’s revenue, contributing 96.38% in fiscal 2024. The company recently invested in manufacturing equipment for knitted cloth, aiming for backward integration to enhance profitability. Contributing 3.62% of the company’s revenue in fiscal 2024, 'online retail of silver ornaments' segment caters to the growing online market for silver jewelry, providing ethnic and modern designs across major Indian cities.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
246.6x
| Name | Price Band (Rs) | Bidding Date |
|---|---|---|
| Novus Loyalty | 139 - 146 | 17-Mar-2026 to 20-Mar-2026 |
| Powerica | 375 - 395 | 24-Mar-2026 to 27-Mar-2026 |
| Amir Chand Jagdish Kumar (Exports) | 201 - 212 | 24-Mar-2026 to 27-Mar-2026 |
| Highness Microelectronics | 114 - 120 | 24-Mar-2026 to 27-Mar-2026 |
The issue size of Avax Apparels And Ornaments is ₹1.92 Cr.
Avax Apparels And Ornaments falls into Apparels & Footwear industry.
The Avax Apparels And Ornaments IPO will be listed on NSE.
The open and close dates for the Avax Apparels And Ornaments are 07-Jan-2025 & 09-Jan-2025.
The price band for the Avax Apparels And Ornaments ipo is ₹70
The listing date of Avax Apparels And Ornaments IPO is 14-Jan-2025.
The purpose of this IPO is to raise fresh capital.
Avax Apparels And Ornaments total subscription ratio is 246.6X.
Key financial of the Avax Apparels And Ornaments are:
| Avax Apparels And Ornaments | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 22.06 | 14.7 | 0.29 |
| EBIT (₹ Cr) | 2.01 | 0.96 | -- |
| Proft after Tax (₹ Cr) | 1.38 | 0.69 | 0.01 |
| Debt (₹ Cr) | 0.72 | 0 | 0.3 |
| Net Worth (₹ Cr) | 3.15 | 1.76 | 0.02 |
| RoE (%) | 43.92 | 39.35 | 61.21 |
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
