Listed Price₹133.00
Listing Gain+90.00%
Price Band₹70
Lot Size2,000 shares
Min Bid₹1,40,000
Subscription256.46x
Listed Market Snapshot
₹133.00Listed price from market data
+90.00%listing gain
Issue Amount
₹1.92 Cr
Listed Price
₹133.00
Current Price
₹50.2
Registrar
Skyline Financial Services Private Limited
Timeline•Fixed Price IPO
Open07 Jan 2025
Close09 Jan 2025
Allotment10 Jan 2025
Listing14 Jan 2025
Quota Reservation Portions
RetailPortion: 1,30,000 shares
47.4%OtherPortion: 1,30,000 shares
47.4%Market MakerPortion: 14,000 shares
5.11%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,40,000HNI2 lots / 4,000 shares
₹2,80,000About the Company
Founded in June 2005, Avax Apparels and Ornaments Limited runs two main businesses: wholesale trading of knitted fabric and online retail of silver jewelry. They offer a variety of silver items like rings, anklets, bangles, and more, serving customers in major cities across India. Based in a key cloth manufacturing hub, the company has a strategic edge in its wholesale operations. With strong industry connections, growing demand, and an experienced management team, Avax Apparels continues to thrive. Their strengths include a prime location, a solid industry network, great customer relationships, and a skilled team. As of September 2024, the company has 7 full-time employees.
Company Promoters
Mr. Harinderpal Singh SodhiMr. Harish Kumar
Lead Managers
Registrar
Skyline Financial Services Private Limited