Issue Price
₹51
Per Share
GMP
NIL
Grey Market
Est. Listing
₹51
Expected Price
Min. Application
₹204,000
2 lots × 2000 shares
Incorporated in 1996, Uttar Pradesh based Avon Moldplast Limited is a company engaged in manufacturing of quality plastic molded furniture under the brand name of "AVON".The Company's Product Portfolio includes Molded Chairs, Molded Stools, Molded Tables, Molded Baby Chairs and Baby Desks. It has a fully functional manufacturing facility located Ghaziabad, Uttar Pradesh.The products manufactured by the company are supplied to its distributor network spread PAN India, from where it is sold into the retail market. It has a long-standing and established network of more than 100 distributors, who further have well established retail network which roughly works out to 10,000 direct selling agents.
Avon Moldplast Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 46,000 | — | ₹0.23 Cr | — |
| TOTAL | 884,000 | 100.00% | ₹4.51 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| sNII (Min) | 14 | 28,000 | ₹1,428,000 |
| bNII (Min) | 68 | 136,000 | ₹6,936,000 |
| Particulars | 31-Jan-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 189244030.00 | 138506251.00 | 99979236.00 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 6932735.00 | 996751.00 | 555158.00 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 120301979.00 | 101884836.00 | 80429705.00 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |