Avax Apparels And Ornaments Limited was founded in June 2005. It is an apparel trading company and an online company dealing extensively in finished and unfinished apparel products in India and jewellery under the brand name Blushine.

The company is engaged in wholesale and online retail of silver jewellery. The company is active in the wholesale of knitwear. It buys directly from the manufacturers and supplies wholesale to companies and manufacturers of readymade garments in Punjab. They offer a wide range of designs and items with a choice of weight of products, such as silver rings, silver ladies page, silver men’s kada, silver plate sets, silver glass, silver bangles, silver bowls, silver chains and other silver jewellery. 

Avax Apparels IPO open date is January 7, 2025 and the IPO will close on January 9, 2025. Avax Apparels IPO price band is ₹70 per share. The retail quota is 50%, QIB is 0%, and HNI is 50%.

Avax Apparels IPO to list on BSE on January 14, 2025. The allotment of Avax Apparels IPO date is January 10, 2025. The company reported revenue of ₹22.06 crores in 2024 against ₹14.70 crore in 2023. The company reported profit of ₹1.38 crores in 2024 against Profit of ₹0.69 crores in 2023.

Avax Apparels IPO Details

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
IPO Listing:BSE SME
Retail Quota:Not more than 50%
QIB Quota:Not more than 00%
NII Quota:Not more than 50%

Avax Apparels IPO Timeline

The Avax Apparels IPO date is January 7 and the close date is January 9. The Avax Apparels IPO allotment will be finalized on January 10 and the IPO listing on January 14.

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

Avax Apparels And Ornaments SME IPO Lots

SME IPO ActivityDate
Issue Price₹70.00
Market Lot:2000 Shares
1 Lot Amount:₹140000
Min HNI Lots:4000 shares (2 lots)- ₹280000

Avax Apparels and Ornaments Ltd: Comprehensive Financial Overview

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,089.09484.6346.8957.66
Revenue1,500.932,205.981,470.2128.87
Profit After Tax90.61138.1969.441.01
Net Worth405.3314.68176.491.65
Total Borrowing72.0271.530

Categorized in:

IPO,

Last Update: January 7, 2025