Avon Corporation Ltd IPO


Subscription Details

  • Open Date 09 Jun
  • Close Date 12 Jun
  • Lot Size 500
  • IPO Size ₹ 13.73 Cr
  • IPO Price Range ₹ 10
  • Min Investment ₹ 5000

Avon Corporation Ltd IPO Timeline

Open Date
09 Jun
Close Date
12 Jun
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public issue of 1,37,33,033 Equity Shares of Rs.10/- each of Avon Weighing Systms Ltd (The Company or The Issuer) for cash at par (i.e at a price of Rs.10/- per Share) comprising of Promoters Contribution of 38,96,633 Equity Shares of Face Value of Rs.10/- for cash aggregating to Rs.3.89 Crores (herein after referred to as the Promoters Contribution). The net offer to the Public is of 98,36,400 equity shares of Rs. 10/- each for cash at par (i.e. at a price of Rs. 10/- per share) aggregating to Rs.9.84 Crores.(herein after referred to as the Net Issue). The Issue would constitute 59.33% of the post issue paid-up Capital of the company. The issue price is same as the face value of Rs.10/-

How to apply for an IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Avon Corporation Ltd IPO

Contact Information


DLH Park No 1106 11th Floor,
S V Road Goregaon (West),
Mumbai, Maharashtra 400062

Avon Corporation Ltd IPO Lead Manager

Keynote Corporate Services Ltd
Open Demat Account