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Issue Open Date
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07-Jan-25
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Issue Closing Date
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09-Jan-25
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Application Money
|
100
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Allotment Money
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Price Band
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70
-
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Minimium Application No.
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2000
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Issue Size (Shares)
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274000
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Market Lot
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1
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Objective
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1. To meet out the Working Capital requirements of the Company;2. To meet out the General Corporate Purposes
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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18274000
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|
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Qualified Institutional Buyers
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1044000
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Retail Individual Investors
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48406000
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Business Description
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.
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Promoter's Holding
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|
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Total Share Capital
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436168
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Offered to Public
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274000
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Promoter's Holding (Pre-Issue)
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57
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Promoter's Holding (Post-Issue)
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41.97
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Address |
611 6th Floor Jaina Tower I I
Distt. Centre Janakpuri
West Delhi
Delhi,
Delhi,
110058
Phone : 011-44750642 / 9599497767
Email : secretarial@avaxapparels.com
Website : https://www.avaxapparels.com
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Registrar |
Skyline Financial Services Pvt Ltd
D-153/A
1st Floor
Okhla Industrial Area
Phase - I
New Delhi
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Listed at |
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BSE
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Lead Manager |
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SKI Capital Services Ltd.
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Promoters |
Harinderpal Singh Sodhi
Harish Kumar
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