Avax Apparels And Ornaments Limited
ListedSMEConsumer Discretionary · BSE
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.
Price Band
₹70
Issue Size
₹1.92 Cr
Lot Size
2000 shares
GMP
₹10
+14.3%
Est. Listing
₹80
at current GMP
Subscribed
256.46x
overall
Open
7 Jan 2025
Close
9 Jan 2025
Allotment
10 Jan 2025
Refund
11 Jan 2025
Demat Credit
12 Jan 2025
Listing
14 Jan 2025
Last updated 12 days ago
Key Highlights
- •Leading player in the Consumer Discretionary segment
- •Price band established at ₹70 - ₹70 per equity share
- •Minimum bid lot is 2000 shares
- •Estimated listing target of ₹80 based on current grey market activity