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AVAXSME / BSEListed
Avax Apparels And Ornaments

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.

DRHP
₹70 - ₹70372.35x sub
Listed Price₹133.00
Listing Gain+90.00%

IPO Schedule & Timeline

Fixed Price IPO
Open07 Jan 2025
Close09 Jan 2025
Allotment10 Jan 2025
Listing14 Jan 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail1,30,000 shares
47.4%
Other1,30,000 shares
47.4%
Market Maker14,000 shares
5.11%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,40,000
HNI2 Lots (4,000 shares)
₹2,80,000

Company Promoters

Mr. Harinderpal Singh SodhiMr. Harish Kumar

Company Background

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 it...

Lead Managers & Bankers

SKI Capital Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-24)₹1501 Cr
Growth+5075.9%
Revenue Trend (₹ in Crores)
0.0845.61.7k2.5kMar-22Mar-23Mar-24Sep-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-241,501911,08972
Mar-242,20613848572
Mar-231,470693470
Mar-222915830

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-2423.6921.51%31.06%04.01
Mar-2418.0643.91%61.68%3.880
Mar-239.0739.34%53.56%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
10 Jan 2025
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
14 Jan 2025

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Avax Apparels And Ornaments. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Jan 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date14 Jan 2025Trading commences on exchange

How to Check Avax Apparels And Ornaments Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Avax Apparels And Ornaments from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Avax Apparels And Ornaments IPO

Complete issue overview for Avax Apparels And Ornaments (AVAX) IPO. The issue features an equity share price band of ₹70 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,40,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions