Avax Apparels And Ornaments Limited
- Minimum Investment₹1,40,000
- Price Range₹70 - ₹70
- Issue Size₹1.92 Cr
- Lot Size2000 shares
This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.
Proceeds of this IPO to be used for
To meet the working capital requirements of the company.
To meet the general corporate purposes.
Download RHP DocumentGet more in-depth details about this IPO.
Strengths & Weaknesses of Avax Apparels And Ornaments Limited
Customer relationship
The company has built a strong client base, with existing relationships leading to repeat orders. This has helped maintain long-term customer relationships and enhance its customer retention strategy
Experienced management
The company is led by its promoters, who bring extensive industry experience, enabling senior management to guide the long-term strategic direction of the business
Absence of long term contracts
The company's business operates on a purchase order basis, relying on client preferences and demand. It does not have long-term contracts with most suppliers and customers, so there is no assurance of repeat business from any, including longstanding partners
Dependent on few customers
The business relies on a few key customers for a significant portion of its revenue. Losing any of them could negatively impact its financial condition and future prospects
Financials
Earnings Per Share
Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.
No Data
Balance Sheet
A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
| Particulars (In Cr) | Y/Y Change | |
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| Total Current Assets | -- | |
| Total Non-Current Assets | -- | |
| Fixed assets | -- | |
| Total assets | -- | |
| Total Current Liabilities | -- | |
| Total Non-Current Liabilities | -- | |
| Total Capital Plus Liabilities | -- | |
| Total Shareholder Funds | -- | |
| Total Debt to Equity | -- |
Cash Flow
The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
| Particulars (In Cr) | Y/Y Change | |
|---|---|---|
| Cash from Operating Activity | -- | |
| Cash from Financing Activities | -- | |
| Cash from Investing Activities | -- | |
| Net Cash Flow | -- |
About Avax Apparels And Ornaments Limited
Avax Apparels and Ornaments Ltd. was incorporated on June 2, 2005. The company operates in wholesale trading of knitted cloth, sourcing directly from manufacturers and supplying to companies in Punjab, and in online retail of silver ornaments, offering a wide range of jewelry and articles.
- PromoterHarinderpal Singh Sodhi
- PromoterHarish Kumar
Avax Apparels And Ornaments Limited IPO FAQs
What is Avax Apparels And Ornaments Limited IPO?
Avax Apparels And Ornaments Limited IPO refers to the initial public offering of shares by Avax Apparels And Ornaments Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.
What is the issue size of Avax Apparels And Ornaments Limited IPO?
For Avax Apparels And Ornaments Limited IPO the issue size is ₹1.9 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.
What is the minimum investment amount for the Avax Apparels And Ornaments Limited IPO?
For Avax Apparels And Ornaments Limited IPO the minimum investment is ₹1,40,000. The minimum investment for Avax Apparels And Ornaments Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.
What is the lot size of Avax Apparels And Ornaments Limited IPO?
For Avax Apparels And Ornaments Limited IPO the lot size is 2000 shares. The lot size of Avax Apparels And Ornaments Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.
How to apply for Avax Apparels And Ornaments Limited IPO on Share.Market?
To apply for Avax Apparels And Ornaments Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Avax Apparels And Ornaments Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.
Can I pre-apply for Avax Apparels And Ornaments Limited IPO?
Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Avax Apparels And Ornaments Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.
How many days is the IPO application window open?
The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.
Till what time can I apply for an IPO on the last day on Share.Market?
You can apply for the IPO till 3 PM on the last day of application on Share.Market.
What is the allotment date of Avax Apparels And Ornaments Limited IPO?
For Avax Apparels And Ornaments Limited IPO the allotment date is January 10, 2025. The allotment date of Avax Apparels And Ornaments Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.
What are the open and close dates of Avax Apparels And Ornaments Limited IPO?
For Avax Apparels And Ornaments Limited IPO, the subscription opens on January 7, 2025 and closes on January 9, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
255.33x Oversubscribed
Bidding Ongoing
-
Total Subscription
255.33x Oversubscribed