Avro India Ltd IPO

Closed

Subscription Details

  • Open Date 12 Jul
  • Close Date 18 Jul
  • Lot Size 2000
  • IPO Size ₹ 4.51 Cr
  • IPO Price Range ₹ 51
  • Min Investment ₹ 102000

Avro India Ltd IPO Timeline

Open Date
12 Jul
Close Date
18 Jul
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

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 Avro India Ltd IPO

Contact Information

Address

A-7/36-39South ofGT Rod IndlAr,
Electrosteel Casting Compound,
Ghaziabad, Uttar Pradesh 201009

Avro India Ltd IPO Lead Manager

Turnaround Corporate Advisors Pvt Ltd
Open Demat Account