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Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

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IPO Synopsis
Avax Apparels and Ornaments Ltd
Registered Office: 611 6th Floor Jaina, TowerII Distt Centre Janakpuri, New Delhi - 110058, New Delhi
Phone: 1
Email: 1
Website: 1
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 Money Payable On
Opens On Closes On Application Allotment
07-Jan-2025 09-Jan-2025 70.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 1.72
Project Financed through Current Offer 1.92
Post Issue Equity Share Capital 1.04
Issue Price 70.00
Projects
Working Capital Requirement
General Corporate Purposes
Promoted By
Harinderpal Singh Sodhi
Harish Kumar
BSE - SME
Registrar to the Issue
Skyline Financial Services Pvt
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