Avon Moldplast Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

12 Jul 2018

Close Date

18 Jul 2018

Allotment

24 Jul 2018

Listing Date

26 Jul 2018

Exchange

NSE SME

Price Band

₹51

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹51

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

8,84,000 shares (aggregating up to ₹4.51 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹102,000

1 lot

Pre-IPO Holding

23,70,000 shares

Promoters

Post-IPO Holding

32,54,000 shares

Promoters

UPI Deadline

2018-07-18

Mandate

Anchor AllotmentWed, 11 Jul 2018

Basis of AllotmentTue, 24 Jul 2018

Refund InitiationWed, 25 Jul 2018

Demat CreditWed, 25 Jul 2018

Listing DayThu, 26 Jul 2018

UPI Mandate Deadline2018-07-18

Sale TypeFresh Capital

Net Offer to Public8,38,000 shares (aggregating up to ₹4.27 Cr)

Market Maker Quota46,000 shares (aggregating up to ₹0.2346 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Avon Moldplast Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Jul 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	46,000	—	₹0.23
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	884,000	100%	₹4.51

IPO Shares Offered

Avon Moldplast Ltd. IPO total issue size: ₹4.51 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	46,000	₹0.23	5.20%
Total	884,000	₹4.51	100.00%

* Based on upper price band ₹51 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹51.00

Upper Band

Min Investment

₹102,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹204,000
Retail (Max — 13 Lots)	13	26,000	₹1,326,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,428,000
B-HNI (Min — 68 Lots)	68	136,000	₹6,936,000

* Issue Price ₹51 × Lot Size 2,000 shares

IPO Schedule

Anchor

11 Jul 2018

✓ Done

IPO Open

12 Jul 2018

✓ Done

IPO Close

18 Jul 2018

✓ Done

Allotment

24 Jul 2018

✓ Done

Refunds

25 Jul 2018

✓ Done

Demat Credit

25 Jul 2018

✓ Done

Listing Day

26 Jul 2018

✓ Done

₹51.00

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Issue ₹51.00 Live Price

About Avon Moldplast Ltd.

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.

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 To meet the incremental working capital requirements

3 General Corporate Purpose

Avon Moldplast Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹99,979,236.0

31-Mar-16

₹138,506,251.0

31-Mar-17

₹189,244,030.0

31-Jan-18

Profit After Tax (PAT)

₹555,158.0

31-Mar-16

₹996,751.0

31-Mar-17

₹6,932,735.0

31-Jan-18

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
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered8,84,000 (100.00%)

Net Offer to Public8,38,000 shares (aggregating up to ₹4.27 Cr)

Reserved for Market Maker46,000 shares (aggregating up to ₹0.2346 Cr)

Pre-Issue Promoter Holding23,70,000 shares

Post-Issue Promoter Holding32,54,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MAS Services Ltd.

(011) 2610 4142

info@masserv.com

https://www.masserv.com/opt.asp

Check Allotment

Book Running Lead Managers

Turnaround Corporate Advisors Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Avon Moldplast Ltd. IPO subscribed? ▲

Avon Moldplast Ltd. IPO is subscribed 1.00 times by Jul 18, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Avon Moldplast Ltd. IPO retail subscription status? ▼

The Avon Moldplast Ltd. IPO retail category is subscribed 1.00 times as of 18 Jul 2018. The retail portion is oversubscribed.

How to subscribe Avon Moldplast Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 12 Jul 2018 and closes 18 Jul 2018. Min investment: ₹102,000 (1 lot = 2,000 shares). UPI mandate: 2018-07-18.

How many times Avon Moldplast Ltd. IPO subscribed? ▼

The Avon Moldplast Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Avon Moldplast Ltd. IPO allotment? ▼

Check allotment on the registrar website (MAS Services Ltd.) at https://www.masserv.com/opt.asp. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Jul 2018. Refunds: on 25 Jul 2018.

When Avon Moldplast Ltd. IPO will be listed? ▼

The Avon Moldplast Ltd. IPO listing date is 26 Jul 2018, Thursday. Listed on: NSE SME. Issue price: ₹51. Estimated listing: ₹51. GMP: NIL.

When Avon Moldplast Ltd. IPO close? ▼

The Avon Moldplast Ltd. IPO closes on 18 Jul 2018, Wednesday. UPI mandate: 2018-07-18. Allotment: 24 Jul 2018. Listing: 26 Jul 2018.

Quick Actions

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Live Price LIVE

Last Price₹51.00

Change—

Issue Price₹51.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹51

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹102,000

GMPNIL

Est. Listing₹51

Subscribed1.00x

Open Date12 Jul 2018

Close Date18 Jul 2018

Allotment24 Jul 2018

Listing Date26 Jul 2018

ExchangeNSE SME

UPI Deadline2018-07-18