Avax Apparels And Ornaments IPO vs Avi Ansh Textile IPO

Comparision between Avax Apparels And Ornaments IPO and Avi Ansh Textile IPO.

IPO Details

Avax Apparels And Ornaments IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Avi Ansh Textile IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Avax Apparels And Ornaments IPO	Avi Ansh Textile IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	SKI Capital Services Limited	3Dimension Capital Services Limited
Registrar	Skyline Financial Services Private Ltd	Skyline Financial Services Private Ltd
Market Maker	SKI Capital Services Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Avax Apparels And Ornaments IPO is up to ₹1.92 Cr whereas the issue size of the Avi Ansh Textile IPO is up to ₹26.00 Cr. The final issue price of Avax Apparels And Ornaments IPO is ₹70.00 per share and of Avi Ansh Textile IPO is ₹62.00 per share.

	Avax Apparels And Ornaments IPO	Avi Ansh Textile IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹70.00 per share	₹62.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	2,74,000 shares	41,93,541 shares
Fresh Issue Size (Amount)	up to ₹1.92 Cr	up to ₹26.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	2,74,000 shares	41,93,541 shares
Issue Size Total (Amount)	up to ₹1.92 Cr	up to ₹26.00 Cr

IPO Timetable

Avax Apparels And Ornaments IPO opens on Sep 20, 2024, while Avi Ansh Textile IPO opens on Sep 20, 2024. The closing date of Avax Apparels And Ornaments IPO and Avi Ansh Textile IPO is Sep 24, 2024, and Sep 24, 2024, respectively.

	Avax Apparels And Ornaments IPO	Avi Ansh Textile IPO
Anchor Bid Date
Issue Open	Sep 20, 2024	Sep 20, 2024
Issue Close	Sep 24, 2024	Sep 24, 2024
Basis Of Allotment (Tentative)	Sep 25, 2024	Sep 25, 2024
Initiation of Refunds (Tentative)	Sep 26, 2024	Sep 26, 2024
Credit of Share (Tentative)	Sep 26, 2024	Sep 26, 2024
Listing date (Tentative)	Sep 27, 2024	Sep 27, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Avax Apparels And Ornaments IPO P/E ratio is 3.88, as compared to Avi Ansh Textile IPO P/E ratio of 18.31.

Avax Apparels And Ornaments IPO

Avi Ansh Textile IPO

Financial

Avax Apparels And Ornaments Limited Financial Information (Restated)

Avax Apparels And Ornaments Limited's revenue increased by 50% and profit after tax (PAT) rose by 99% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	484.6	346.89	57.66
Revenue	2,205.98	1,470.21	28.87
Profit After Tax	138.19	69.44	1.01
Net Worth	314.68	176.49	1.65
Total Borrowing	41.13	23.07	15.28
Amount in ₹ Lakhs

Avi Ansh Textile Limited Financial Information (Restated)

Avi Ansh Textile Limited's revenue increased by 17% and profit after tax (PAT) rose by 1053% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,522.64	4,692.35	4,336.85	4,694.81
Revenue	14,214.65	12,149.57	12,016.76	7,264.3
Profit After Tax	331.35	28.74	155.55	68.2
Net Worth	1,587.22	1,256.74	1,229.62	1,076.34
Reserves and Surplus	608.73	278.25	251.13	97.85
Total Borrowing	4,481.21	3,193.46	2,659.87	3,375.46
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

57.00%

95.67%

Promoter Shareholding (Post-Issue)

41.97%

66.98%

P/E Ratio

3.88

18.31

Market Cap

₹7.27 Cr.

₹86.67 Cr.

ROE

43.91%%

20.88%%

ROCE

37.50%%

15.88%%

Debt/Equity

2.82

EPS

₹18.06

₹3.39

RoNW

43.91%%

20.88%%

Shares Offered

In the Avax Apparels And Ornaments IPO retail investors (RII) are offered while in Avi Ansh Textile IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Avax Apparels And Ornaments IPO and in Avi Ansh Textile IPO.

	Avax Apparels And Ornaments IPO	Avi Ansh Textile IPO
Anchor Investor Reserveration
Market Maker Reserveration	14,000 shares	2,13,871 shares
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Avax Apparels And Ornaments IPO subscribed in total, whereas Avi Ansh Textile IPO subscribed .

	Avax Apparels And Ornaments IPO	Avi Ansh Textile IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

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