| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 2000 | 140000 |
| HNI / NII | 2 | 4000 | 280000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII / HNI (Total) | — | 1,30,000 (47.45%) | — | ₹91.00 Cr |
| Retail Investors | — | 1,30,000 (47.45%) | — | ₹91.00 Cr |
| Total ** | — | 2,74,000 (100.00%) | — | ₹1,918.00 Cr |
| Market Maker * | — | 14,000 (5.11%) | — | ₹0.98 Cr |
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 1500.93 | 2205.98 | 1470.21 |
| PAT | 90.61 | 138.19 | 69.44 |
| EBITDA | — | — | — |
| Net Worth | 405.30 | 314.68 | 176.49 |
| Total Assets | 1089.09 | 484.60 | 346.89 |
| Reserves | — | — | — |
| Borrowings | 72.02 | 71.50 | — |
Incorporated in June 2005, Avax Apparels And Ornaments Limited is involved in two separate lines of business:
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
As of September 2024, the company has 7 full term employees.