Avon Corporation Ltd IPO

Closed

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
-
Refunds
-
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

Address

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