IPO

Avro India Ltd IPO

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Public issue of 884,000 equity shares of face value of Rs. 10 each (equity shares) of Avon Moldplast Limited (the company) for cash at a price of Rs. 51 per equity share (including a share premium of Rs. 41 per equity share) (the issue price), aggregating to Rs. 4.51 Crores (the issue), of which 46,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share, aggregating to Rs. 0.24 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 838,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share, aggregating to Rs. 4.27 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.17% and 25.75% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 51 is 5.10 times of the face value of the equity shares.

Avro India Ltd IPO Subscription Details

Company

Avro India Ltd

Issue Type

Fixed Price - SME

Open Date

12 Jul

Close Date

18 Jul

Offer Price

51.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Avro India Ltd IPO

Company Contact Information

Avro India Ltd IPO
A-7/36-39South ofGT Rod IndlAr,
Electrosteel Casting Compound,
Ghaziabad, Uttar Pradesh 201009.

Phone: 91-120-4376091
Email: cs@avonmpl.com

Avro India Ltd IPO Register

Mas Services Limited

Avro India Ltd IPO Lead Manager(s)

  • Turnaround Corporate Advisors Pvt Ltd

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