IPO

Avon Moldplast Limited IPO

NSE SME

Offer Date: Jul 12, 2018 - Jul 18, 2018

₹ 204000 /4000 Shares
*Min Investment

12 Jul, 2018

Open Date

18 Jul, 2018

Close Date

24 Jul, 2018

Allotment Date

26 Jul, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 51/- Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price Total 8,84,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 4.51 Cr
  • Listing at NSE SME
  • Lead Manager Turnaround Corporate Advisors Private Limited
  • Registrar MAS Services Limited
IPO Details
  • Retail Portion N/A
IPO Details


Avon Moldplast Limited IPO is an SME IPO, priced at Rs 51/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Jul 12, 2018 to Jul 18, 2018. The allotment is expected to be finalized on Jul 24, 2018, and the tentative listing date is Jul 26, 2018.


The registrar of the IPO is MAS Services Limited, and

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IPO Subscription Analysis And Details
Retail
1.00x
Total
11.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved4,19,0004,19,0008,38,000
Day 1 - 12-07-18
2,34,000 0.56 x10,000 0.02 x2,44,000 0.29 x
Day 2 13-07-18
4,16,000 0.99 x22,000 0.05 x4,38,000 0.52 x
Day 3 16-07-18
6,70,000 1.60 x40,000 0.10 x7,10,000 0.85 x
Day 4 17-07-18
8,52,000 2.03 x60,000 0.14 x9,62,000 1.15 x
Day 4 18-07-18
9,90,000 2.36 x1,68,000 0.40 x11,58,000 1.38 x
Valuations
Earnings Per Share (EPS) Rs 0.31
P/E Ratio 166
RoNW 3.70%
Net Asset Value (NAV) ( post issue ) Rs 22.14 
IPO - Issue Objectives
1

To acquire additional molds of chair, cupboard, table etc., at the existing manufacturing facilities of the Company.

2

To meet the incremental working capital requirements.

3

General Corporate Purpose.