Avax Apparels & Ornaments IPO

Issue:₹70

List:₹133

CMP:₹237

BSELot: 2000SME

LISTEDSME

Issue Price₹70

Listing₹133

Current₹237

Price Band

₹70 - ₹70

Lot Size

2,000

Issue Size

₹1.92 Cr

GMP

₹0

Subscription

27.92x

Content

IPO Schedule

Open

7 Jan

9 Jan

Allotment

Listing

14 Jan

About Avax Apparels & Ornaments

Avax Apparels & Ornaments is an SME focused on the apparel and ornaments sector. Specific details regarding their business model, product lines, or target market are not provided, requiring further investigation for a complete assessment.

Subscription Status

QIB

0.00x

NII

6.29x

Retail

49.55x

Category	Day 3	Day 2	Day 1
QIB	0.00x	0.00x	0.00x
NII	140.46x	18.28x	6.29x
Retail	372.35x	139.45x	49.55x
Total	260.42x	78.86x	27.92x

Risk Factors

•Small issue size (₹1.92 Cr) may lead to limited liquidity post-listing.

•Limited information available on the company's specific operations and competitive landscape.

•SME segment companies often carry higher risk due to their smaller size and vulnerability to market fluctuations.

•Dependence on the overall performance of the apparel and ornaments sector.