✓
Open
12 Jul 2018
✓
Close
18 Jul 2018
3
Allotment
—
✓
Listing
Thu, Jul 26, 2018
Price Band
₹51 per share
Issue Size
8,84,000 shares (agg. up to ₹5 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Jul 26, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.21x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2018 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 12.03 | 10.19 | 8.04 | 6.78 |
| Total Income | 18.92 | 13.85 | 10.00 | 8.04 |
| Profit After Tax | 0.69 | 0.10 | 0.06 | 0.04 |
| NET Worth | 3.39 | 2.70 | 2.60 | 2.54 |
| Reserves and Surplus | 1.02 | 1.12 | 1.02 | 0.96 |
| Total Borrowing | 3.68 | 3.92 | 3.89 | 3.68 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To acquire additional molds of chair, cupboard, table etc. at the existing manufacturing facilities of our Company located at A-7/36-39, South of G. T. Road Industrial Area, Electrosteel Casting Compound, Ghaziabad 201009, Uttar Pradesh | 2.12 |
| 2 | To meet the incremental working capital requirements | 1.50 |
| 3 | General Corporate Purpose | 0.60 |
About Avon Moldplast IPO
Incorporated in 1996, Uttar Pradesh based Avon Moldplast Limited is a company engaged in manufacturing of quality plastic molded furniture under the brand name of "AVON".The Company's Product Portfolio includes Molded Chairs, Molded Stools, Molded Tables, Molded Baby Chairs and Baby Desks. It has a fully functional manufacturing facility located Ghaziabad, Uttar Pradesh.The products manufactured by the company are supplied to its distributor network spread PAN India, from where it is sold into the retail market. It has a long-standing and established network of more than 100 distributors, who further have well established retail network which roughly works out to 10,000 direct selling agents.+ Read More
Contact Details
Avon Moldplast Ltd. AddressA-7/36-39, South of G.T.Road Industrial AreaElectrosteel Casting CompoundGhaziabad, Uttar Pradesh, 201009+91-120-4376091cs@avonmpl.comVisit Website