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IPO Snapshot    
Avax Apparels And Ornaments Ltd.
Issue Open Date 07-Jan-25  
Issue Closing Date 09-Jan-25  
Application Money 100  
Allotment Money  
Price Band 70 -  
Minimium Application No. 2000  
Issue Size (Shares) 274000  
Market Lot 1.00  
Objective
1. To meet out the Working Capital requirements of the Company;2. To meet out the General Corporate Purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     18274000   NA  
Qualified Institutional Buyers     1044000   NA  
Retail Individual Investors     48406000   NA  
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 la
more...
Promoter's Holding
Total Share Capital   436168  
Offered to Public   274000  
Promoter's Holding (Pre-Issue)   57  
Promoter's Holding (Post-Issue)   41.97  
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
Registrar
Skyline Financial Services Pvt Ltd
D-153/A
1st Floor
Okhla Industrial Area
Phase - I
New Delhi
Listed at
BSE
Lead Manager
SKI Capital Services Ltd.
Promoters
Harinderpal Singh Sodhi
Harish Kumar
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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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