Avax Apparels And Ornaments IPO
ListedAvax Apparels And Ornaments IPO Details
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Bidding Date
07-Jan-2025 to
09-Jan-2025 -
Issue Size
₹1.92 Cr
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Price Band
₹70
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Allotment date
10-Jan-2025
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Listing date
14-Jan-2025
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Lot size
2000
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No. of shares
2,74,000
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Fresh issue/OFS
₹1.92 Cr /--
About Avax Apparels And Ornaments Company
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.
Subscription Status
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Category
Status
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QIBs
--
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NIIs
--
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Retail
--
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Others
--
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Total
246.6x
FAQs for Avax Apparels And Ornaments IPO.
What is the issue size of Avax Apparels And Ornaments IPO?
The issue size of Avax Apparels And Ornaments is ₹1.92 Cr.
What is the industry of Avax Apparels And Ornaments?
Avax Apparels And Ornaments falls into Apparels & Footwear industry.
Where Avax Apparels And Ornaments IPO will be listed?
The Avax Apparels And Ornaments IPO will be listed on NSE.
What are the open and close dates for the Avax Apparels And Ornaments IPO?
The open and close dates for the Avax Apparels And Ornaments are 07-Jan-2025 & 09-Jan-2025.
What are the price band for Avax Apparels And Ornaments IPO?
The price band for the Avax Apparels And Ornaments ipo is ₹70
What is the listing date of Avax Apparels And Ornaments IPO?
The listing date of Avax Apparels And Ornaments IPO is 14-Jan-2025.
What is the purpose for the Avax Apparels And Ornaments IPO?
The purpose of this IPO is to raise fresh capital.
How much times Avax Apparels And Ornaments IPO subscribed?
Avax Apparels And Ornaments total subscription ratio is 246.6X.
What are the key financials for the Avax Apparels And Ornaments IPO?
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 |