Avon Moldplast Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 419,000 (47%) | — | ₹214 Cr |
| Retail | — | 419,000 (47%) | — | ₹214 Cr |
| Market Maker | — | 46,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 884,000 (100%) | — | ₹4,508 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,428,000 |
| B-HNI (Min) | 67 | 134,000 | ₹6,834,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Jan-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 189,244,030 | 138,506,251 | 99,979,236 |
| Profit After Tax | 6,932,735 | 996,751 | 555,158 |
| Total Assets | 120,301,979 | 101,884,836 | 80,429,705 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To acquire additional molds of chair, cupboard, table etc. at the existing manufacturing facilities of our Company located at A-7/36-39, South of G. T. Road Industrial Area, Electrosteel Casting Compound, Ghaziabad 201009, Uttar Pradesh – 2.12
- 2 To meet the incremental working capital requirements – 1.50
- 3 General Corporate Purpose – 0.60
Company Overview
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.