Avax Apparels And Ornaments Limited
₹70
2000
N/A
| Open Date: | 07-Jan-2025 |
| Close Date: | 09-Jan-2025 |
| Allotment Date: | 10-Jan-2025 |
| Listing Date: | 14-Jan-2025 |
| Listing Price: | N/A |
| Face Value: | ₹₹10 Per Equity Share Per Equity Share |
| Issue Price: | ₹₹70 per equity share Per Equity Share |
| Issue Size: | 274,000 shares(aggregating up to ₹1.92 Cr) |
| Market Lot (Min Amount): | 2000 Shares (₹140,000/-) |
| Earning Per Share(EPS) | ₹18.06/- |
| P/E Ratio | N/A |
| RoNW | 43.91% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2024 | 484.6 | 2,205.98 | 138.19 |
| 31 Mar,2023 | 346.89 | 1,470.21 | 69.44 |
| 31 Mar,2022 | 57.66 | 28.87 | 1.01 |
| Pre Issue Share Holding | 57.00% |
| Post Issue Share Holding | 41.97% |
| 1. Mr. Harinderpal Singh Sodhi |
| 2. Mr. Harish Kumar |
- To meet the Working Capital requirements of the Company
- To meet the General Corporate Purposes
ncorporated in June 2005, Avax Apparels And Ornaments Limited is involved in two separate lines of business:
- Wholesale trading
- Online retail of silver ornaments
The company wholesales knitted fabric and sells silver ornaments online, including rings, ladies' payal, gents kada, plate sets, glass, bangles, bowls, chains, and other jewellery. It supplies all major cities across the country.
The company has several key advantages in wholesale trading. It is geographically located in the hub of cloth manufacturing, which provides a significant advantage. In addition, the company benefits from the growing demand for these products and the strong business relationships maintained by the management, all of which contribute to the company's success in this segment.
Competitive Strengths
- Locational advantage
- Good network and connections with the players in the Sector
- Excellent Customer Relations
- Experienced and professional Team
- Good Track record of the management
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Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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