Avax Apparels And Ornaments IPO, Review, IPO Performance by IPOPlatform India

About Avax Apparels And Ornaments

Company Information

The Company engages in two distinct lines of business:
● Wholesale trading
● Online retail of silver ornaments

The Company operates in the wholesale trading of knitted cloth. They directly buy from manufacturers and supply
wholesale 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 and
articles 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 all major cities across the country.

Object of Issue

To meet the Working Capital requirements of the Company;
To meet the General Corporate Purposes

Avax Apparels And Ornaments SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Jan, 2025

IPO Size :

1.92 Cr.

Market Cap :

7.27 Cr.

IPO Subscription :

260.42 X

PE Multiple :

4.01

Merchant Banker :
SKI Capital Services Limited

IPO Registrar:
Skyline Financial Services Private Limited

Anchor Investors:

FAQs

1. What is Avax Apparels And Ornaments IPO?

Avax Apparels And Ornaments operates in Jewellery and Wholesales Knitted Fabric And Sells Silver Ornaments Online. The Issue is listed on BSE SME in Jan, 2025. Avax Apparels And Ornaments IPO size was 1.92 Cr. with Issue price of 70.00 .

2. Who is the merchant banker of Avax Apparels And Ornaments IPO?

Merchant Banker(s) of Avax Apparels And Ornaments IPO: SKI Capital Services Limited

3. How many times Avax Apparels And Ornaments IPO was subscribed?

Avax Apparels And Ornaments IPO subscription was 260.42 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of Avax Apparels And Ornaments IPO?

Avax Apparels And Ornaments IPO listed at a listing price of 139.65 against the offer price of 70.00.

5. What is the current market price of Avax Apparels And Ornaments IPO?

The current market price of Avax Apparels And Ornaments is 132.67.

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Avax Apparels And Ornaments Limited IPO (Avax Apparels And Ornaments IPO) Details

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

About Avax Apparels And Ornaments

Company Information

Object of Issue

Avax Apparels And Ornaments SME IPO Details (at the time of IPO)

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