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Avax Apparels And Ornaments Ltd.

Trading

IPO Details
  • Issue Type Fixed Price
  • Price range
  • Market Lot 2000
  • Total Equity Shares 274000
  • Face Value Rs. 10
  • Listing Date Jan 14, 2025
IPO Timeline
Opening date Jan 07, 2025
Closing date Jan 09, 2025
Listing Date Jan 14, 2025

IPO Details

The Company operates in the wholesale trading of knitted cloth. They directly buy from manufacturers and supplywholesale to companies and readymade garment manufacturers in Punjab. The company specializes in knitted cloth,which are used for manufacturing of ladies and gents' jackets. The Company operates in the business of online retail of silver ornaments. They offer a wide range of designs andarticles with a choice of weight of products, such as silver rings, silver ladies pajeb, silver gents kada, silver plate set,silver glass, silver bangles, silver bowls, silver chains, and other silver jewellery. They are capable of supplying in allmajor cities across the country.

Projects

1. Project Name: Working Capital Requirement

Project Cost: 15

2. Project Name: General Corporate Purposes

Project Cost: 2.18

Promoters

Prmoters Name

1. Harinderpal Singh Sodhi

2. Harish Kumar

Prmoters Holdings
  • Pre Share Capital: 436168
  • Pre Promoter Holding: 57
  • Offer to Public: 274000
  • Post Share Capital: 436168
  • Post Promoter Holding: 41.97

Registrar

Registrar Name:Skyline Financial Services Pvt Ltd
Phone: 91-011-26812682/84
Email: admin@skylinerta.com
Website:

Lead Managers

  • SKI Capital Services Ltd.

Subscription Details

Field Description Field Value
Ipo Code 2603
Total Equity 274000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 0
No of Shares Bid For Qualified Institutional Buyers 1044000
Total No of Shares Bid For Qualified Institutional Buyers 0.00
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 0
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 1044000
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 0
No of Shares Bid For Non-Institutional Buyers 18274000
Total No of Shares Bid For Non-Institutional Buyers 0.00
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 1778000
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 14868000
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 1628000
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 48406000
Total No of Shares Bid For Retail Individual Investor 0.00
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 15006000
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 33400000
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 0
No of Shares Bid For All 67724000
Total 0.00