Avax Apparels And Ornaments Limited IPO has ₹21 Grey Market Premium as of January 6, 2025, with a price range of ₹ 70 per share. Offering lots of 2000 shares, the subscription window is open from January 7 to January 9, 2025.
Avax Apparels And Ornaments Limited IPO GMP Today
The Grey Market Premium (GMP) for Avax Apparels And Ornaments Limited is ₹21 as of January 6, 2025. This assessment coincides with a price of ₹ 70 per share for the IPO.
Avax Apparels And Ornaments Limited IPO Review
Avax Apparels and Ornaments Ltd has demonstrated exponential revenue growth, with revenue increasing from ₹25.6 crore in FY2022 to ₹76.3 crore in FY2024, showcasing rapid business expansion. Equity rose from ₹4.8 crore to ₹9.2 crore, strengthening the capital base and supporting growth potential.
The company achieved a Profit After Tax (PAT) of ₹7.5 crore in FY2024, up from ₹2.4 crore in FY2022, reflecting significant profitability growth. Despite rising expenses, RoNW at 28% in FY2024 and an EPS of ₹3.8 highlight efficient fund utilization and improved investor returns. The NAV rose to ₹22.4 per share, indicating a robust asset base.
To get a full IPO review, click here Avax Apparels And Ornaments IPO
Avax Apparels And Ornaments Limited IPO Date
Avax Apparels And Ornaments Limited will start accepting subscriptions from January 7, 2025 to January 9, 2025.
Avax Apparels And Ornaments Limited IPO Price
Avax Apparels And Ornaments Limited’s price range is at ₹ 70 per share with a face value of ₹10 each.
Avax Apparels And Ornaments Limited
Avax Apparels and Ornaments Limited operates in wholesale trading of knitted cloth, catering to garment manufacturers in Punjab, and online retail of silver ornaments. The company offers diverse silver products, including jewellery and utensils, delivering nationwide, and specializes in knitted fabrics for jackets.
How To Apply For Avax Apparels And Ornaments Limited IPO?
To apply for the Avax Apparels And Ornaments Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Avax Apparels And Ornaments Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Avax Apparels And Ornaments Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.