Avax Apparels Ipo
Objects of the Issue
To meet out the Working Capital requirements of the Company;
To meet out the General Corporate Purposes; and
Avax Apparels IPO Review
IPO Watch – Avoid
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IDBI Capital –
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Nirmal Bang –
SBICAP Securities –
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Capital Market –
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IPO Lead Managers aka Merchant Bankers
Ski Capital Services Limited
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 2,000 | ₹1,40,000 |
Retail Maximum | 1 | 2,000 | ₹1,40,000 |
S-HNI Minimum | 2 | 4,000 | ₹2,80,000 |
IPO Open Date: | January 7, 2025 |
IPO Close Date: | January 9, 2025 |
Basis of Allotment: | January 10, 2025 |
Refunds: | January 13, 2025 |
Credit to Demat Account: | January 13, 2025 |
IPO Listing Date: | January 14, 2025 |
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹0.29 | ₹0.28 | ₹0.01 | ₹0.58 |
2023 | ₹14.70 | ₹13.76 | ₹0.69 | ₹3.47 |
2024 | ₹22.06 | ₹20.12 | ₹1.38 | ₹4.85 |
September 2024 | ₹15.01 | ₹13.75 | ₹0.91 | ₹10.89 |
KPI | Values |
ROE: | 43.91% |
ROCE: | 61.68% |
EBITDA Margin: | 9.52% |
PAT Margin: | 6.26% |
Debt to equity ratio: | 0.23 |
Earning Per Share (EPS): | ₹18.06 (Basic) |
Price/Earning P/E Ratio: | 2.96 |
Return on Net Worth (RoNW): | 43.91% |
Net Asset Value (NAV): | ₹41.13 |
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Anand Rayons Limited | 2.09 | 21.60 | 8.37 % | 25.3 | 1.59 Cr. |
Aarnav Fashions Limited | 1.33 | 41.3 | 4.3% | 43.3 | 3.93 Cr. |
IPO Open Date: | January 7, 2025 |
IPO Close Date: | January 9, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹70 Per Share |
Issue Size: | Approx ₹1.92 Crores |
Fresh Issue: | Approx ₹1.92 Crores |
Issue Type: | Fixed Price Issue |
IPO Listing: | BSE SME |
Retail Quota: | Not more than 50% |
QIB Quota: | Not more than 00% |
NII Quota: | Not more than 50% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |