Avax Apparels And Ornaments Limited IPO GMP

Avax Apparels And Ornaments is engaged in the wholesale trading of knitted fabric. The company purchases directly from manufacturers and supplies to businesses and ready-made garment manufacturers in Punjab. Specializing in knitted textiles, they cater to the production of both men's and women's jackets. In addition, the company operates in the online retail sector, offering a variety of silver jewelry. Their collection includes silver rings, ladies' pajeb, gents' kada, plate sets, glassware, bangles, bowls, chains, and more. They are equipped to supply these products to major cities across the country.

Avax Apparels And Ornaments, an Fixed Price Issue amounting to ₹ 1.92 Crores, consisting entirely an Fresh Issue of 2.74 Lakh Shares. The subscription period for the Avax Apparels And Ornaments IPO opens on January 07, 2025, and closes on January 09, 2025. The allotment is expected to be finalized on or about Friday, January 10, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Tuesday, January 14, 2025.

The Share price of Avax Apparels And Ornaments IPO is set at ₹ 70 per equity share. The Market Capitalisation of the Avax Apparels And Ornaments Limited at IPO price of ₹ 70 per equity share will be ₹ 7.27 Crores. The lot size of the IPO is 2,000 shares. Retail investors are required to invest a minimum of ₹ 1,40,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹ 2,80,000.

SKI CAPITAL SERVICES LIMITED is the book running lead manager of the Avax Apparels And Ornaments IPO, while SKYLINE FINANCIAL SERVICES PRIVATE LIMITED is the registrar for the issue. SKI Capital Services Limited is the Market Maker of Avax Apparels And Ornaments IPO.

Avax Apparels And Ornaments Limited IPO GMP Today
The Grey Market Premium of Avax Apparels And Ornaments Limited IPO is expected to be ₹ 11 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Avax Apparels And Ornaments Limited Day Wise IPO GMP Trend

Avax Apparels And Ornaments Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 9th January, 2025, the Avax Apparels And Ornaments IPO live subscription status shows that the IPO subscribed 247.17 times on its Final day of subscription period. Check the Avax Apparels And Ornaments IPO Live Subscription Status Today at BSE.

Avax Apparels And Ornaments Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Avax Apparels And Ornaments IPO allotment date is 10 January, 2025, Friday. Avax Apparels And Ornaments IPO Allotment will be out on 10th January, 2025 and will be live on Registrar Website from the allotment date. Check Avax Apparels And Ornaments IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Avax Apparels And Ornaments Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Avax Apparels And Ornaments Limited IPO
Avax Apparels And Ornaments proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 150.00 Lakh is required to meet out the Working Capital requirements of the Company;
2. ₹ 21.80 Lakh is required to meet out the General Corporate Purposes

Refer to Avax Apparels And Ornaments Limited RHP for more details about the Company.