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Avax Apparels And Ornaments IPO is a book build IPO listing on BSE SME exchange. The company is based in New Delhi and caters to Jewellery sector. SKI Capital Services is the merchant banker of Avax Apparels And Ornaments IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th August 2023.
Avax Apparels And Ornaments IPO open date is 7th January 2025 and close date is 9th January 2025. IPO Allotment Date is 10th January 2025 and Listing date is 14th January 2025.Avax Apparels And Ornaments IPO size is Rs 1.92 Cr. crores with IPO price of Rs 70.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
SKI Capital Services Limited is the book-running lead manager of the Avax Apparels And Ornaments IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is SKI Capital Services Limited for Avax Apparels And Ornaments IPO.
Avax Apparels And Ornaments IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Avax Apparels And Ornaments IPO, based in New Delhi, operates in the Jewellery sector with a focus on wholesales knitted fabric and sells silver ornaments online. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Avax Apparels And Ornaments IPO size is ₹ 1.92 Cr. Crores with fresh issue size of Rs 1.92 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Avax Apparels And Ornaments IPO is expected to be 10th January 2025, after the finalization of basis of allotment. Investors can check Avax Apparels And Ornaments IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Avax Apparels And Ornaments IPO refund dates are 13th January 2025.
Avax Apparels And Ornaments IPO is expected to be listed on 14th January 2025.
The upper price band for the Avax Apparels And Ornaments IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Avax Apparels And Ornaments IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Avax Apparels And Ornaments IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 9th January 2025. After submission, funds are blocked until the basis of allotment of Avax Apparels And Ornaments IPO is finalised.
The merchant banker for Avax Apparels And Ornaments IPO is SKI Capital Services Limited . SKI Capital Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Avax Apparels And Ornaments IPO RHP for further details.
The registrar for Avax Apparels And Ornaments IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Avax Apparels And Ornaments IPO through their official website or helpline.
Avax Apparels And Ornaments IPO was subscribed 260.42 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1.92 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.86 Cr.
Sector: Jewellery
SME IPO so far:
41
Merchant Banker:
SKI Capital
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 30.02 cr.
PE
Ratio:
4.01x
Average Sector PE Ratio: 25.29x
Avax Apparels And Ornaments IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Avax Apparels And Ornaments Financial Review Page
Merchant Banker(s) of Avax Apparels And Ornaments IPO: SKI Capital Services Limited
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.
Avax Apparels And Ornaments IPO listed at a listing price of 139.65 against the offer price of 70.00.
The current market price of Avax Apparels And Ornaments is 137.00.
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