The Avax Soft Technologies Limited date will be updated soon .
Avax Soft Technologies has two unique business lines: wholesale trading and online silver ornament selling. The wholesale trading section deals in knitted clothing, purchasing directly from producers and supplying wholesale dealers..
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Bidding Dates
Coming Soon
Price Range
₹ to ₹ per share
Face Value
₹ per share
GMP
₹[ ]
Avax Soft Technologies Limited GMP
The Avax Soft Technologies Limited IPO GMP is ₹[ ].
IPO Overview
On the retail front, it is in the business of selling silver products through the internet. It provides a large range of silver objects depending on weight, design, and other criteria. The IPO dates for Avax Soft Technologies Ltd. have not yet been disclosed. However, we will update the website as soon as it becomes accessible. The IPO of Avax Soft Technologies Ltd. would include new shares totaling Rs. 191.80 lakh. The initial public offering (IPO) share price is determined at Rs. 70 per equity share.
Avax Soft Technologies IPO Financials
| Particulars | Period ending on December 31, 2022 | Year ending on March 31, 2022 | Year ending on March 31, 2021 |
| Revenue from Operations | 1,233.07 | 28.87 | NA |
| Profit After Tax (PAT) | 68.95 | 1.01 | 0.45 |
| EBITDA | 94.43 | 1.35 | 0.45 |
| EPS | 9.01 | 0.94 | 0.42 |
Company Profile
The company is engaged in two separate business divisions: wholesale trading and online retail of silver ornaments. The wholesale trading segment focuses on the trade of knitted clothes, procuring directly from manufacturers and distributing to wholesale dealers. In the retail sector, the company specializes in selling silver items through online platforms. It provides a diverse range of silver products, offering options based on weight, design, and other specific requirements. The company promoters are Harinderpal Singh Sodhi and Harish Kumar.
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
