October, 19 2025 Sunday 06:15 Hrs
  • SENSEX :   83,952.19

  • Commodity broking firm in India484.53( 0.58%) 17-Oct-2025

IPO Synopsis

Avax Apparels and Ornaments Ltd
Initial public offer of 2,74,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Avax Soft Technologies Limited ("The Company" or "ASTL" or "The Issuer") at an issue price of Rs. 70 per equity share for cash, aggregating up to Rs. 1.92 crores ("Public Issue") out of which 14,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 70 per equity share for cash, aggregating Rs. 0.10 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 2,60,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 70 per equity share for cash, aggregating upto Rs. 1.82 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.36% and 25.02% respectively of the post-issue paid-up equity share capital of the company.
Issue
Opens On Closes On
07-Jan-25 09-Jan-25
Money Payable On
Application Allotment
70.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 1.72 SKI Capital Services Ltd
Project Financed through Current Offer (.Cr) 1.92  
Post Issue Equity Share Capital (.Cr) 1.04
Issue Price () 70.00
Projects
Working Capital Requirement
General Corporate Purposes
Promoted By
Harinderpal Singh Sodhi
Harish Kumar
Listing At
BSE - SME
Registrar to the Issue
Skyline Financial Services Pvt
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.