31 Mar 2022
Assets0.58
Total Income0.29
Profit After Tax0.01
NET Worth0.02
Total Borrowing0.30
At a glance
Updated 2026-08-24Avax Apparels And Ornaments is a SME IPO with an issue size of ₹1.92 crore, proposed for listing on BSE SME. The issue structure includes a fresh issue of ₹1.82 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹1.92 Cr
Fresh issue₹1.82 Cr
Face value₹10
Price band—–—
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| To meet out the Working Capital requirements of the Company | ₹1.50 Cr |
| To meet out the General Corporate Purposes | ₹0.22 Cr |
| Issue Expenses | ₹0.20 Cr |
| Total | ₹1.92 Cr |
Financials
Full financials ↗31 Mar 2023
Assets3.47
Total Income14.70
Profit After Tax0.69
NET Worth1.76
31 Mar 2024
Assets4.85
Total Income22.06
Profit After Tax1.38
NET Worth3.15
Total Borrowing0.72
30 Sep 2024
Assets10.89
Total Income15.01
Profit After Tax0.91
NET Worth4.05
Total Borrowing0.72
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 43.91% |
| ROCE | 61.68% |
| RoNW | 43.91% |
| PAT Margin | 6.26% |
| Price to Book Value | 1.7 |
Valuation & shareholding
Pre-IPO EPS18.06
Post-IPO EPS17.44
Pre-IPO P/E3.88
Post-IPO P/E4.01
Promoter holding pre57%
Promoter holding post41.97%
Market cap₹7.27 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| To meet out the Working Capital requirements of the Company | ₹1.50 Cr |
| To meet out the General Corporate Purposes | ₹0.22 Cr |
| Issue Expenses | ₹0.20 Cr |
| Total | ₹1.92 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- SKI Capital Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.