Avon Moldplast IPO

Avon Moldplast IPOBusiness description - Avon Moldplast has been engaged in manufacturing of plastic molded furniture under the brand name of “AVON” since 2002. The company’s product portfolio includes Molded Chairs, Molded Stools, Molded Tables, Molded Baby Chairs and Baby Desks. The company has a fully functional manufacturing facility located at A-7/36-39, South of G.T. Road Industrial Area, Electrosteel Casting Compound, Ghaziabad 201009, Uttar Pradesh. The said facility also houses the Registered and Corporate Office of the company.

Promoters of Avon Moldplast – Mr Sushil Kumar Aggarwal, Mrs Anita Aggarwal and Mr Sahil Aggarwal
Avon Moldplast IPO details
Subscription Dates12 - 18 July 2018
IPO Price bandINR51 per share
Fresh issue 884,000 shares (INR4.51 crore)
Offer for sale Nil
Total IPO size884,000 shares (INR4.51 crore)
Minimum bid (lot size)2,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge SME platform
Use of funds
  • To acquire additional molds of chair, cupboard, table etc. at the existing manufacturing facilities - INR2.06 crore
  • To meet the incremental working capital requirements - INR1.50 crore
  • General corporate purpose - INR0.60 crore
  • Offer related Expenses - INR0.35 crore
Avon Moldplast's  financial performance (in INR crore)
FY2013FY2014FY2015FY2016FY201710M FY2018
Total revenue607.5617.6804.0999.81,385.11,892.4
Total expenses606.9613.0798.7990.31,370.81,799.4
Profit after tax0.34.93.75.610.069.3
Avon Moldplast's Contact Details

Avon Moldplast Limited
A-7/36-39, South of G. T. Road Industrial Area
Electrosteel Casting Compound
Ghaziabad - 201 009

Phone: +91 120-4376091
Email: [email protected]
Website: www.avonmpl.com

Avon Moldplast IPO Subscription Details
DaySubscription (no. of times)
Day 10.28
Day 20.50
Day 30.80
Day 41.09
Day 51.31

 

Avon Moldplast Valuation (Latest FY)

Earnings Per Share (EPS): INR1.11

Price/Earnings (P/E) ratio: 23.42

Return on Net Worth (RONW): 8.60%

Net Asset Value (NAV): INR12.92 per share

Registrar of Avon Moldplast IPO

MAS Services Limited
T-34, 2nd Floor
Okhla Industrial Area, Phase - II
New Delhi - 110020

Phone: +91 11 2638 7281
Fax: +91 11 2638 7384
Email[email protected]
Website: http://www.masserv.com

Avon Moldplast IPO Allotment Status

Avon Moldplast IPO allotment status is now available on MAS Services' website. Click on this link to get allotment status.

Listing performance of Avon Moldplast

IPO Opening Date: 12 July 2018

IPO Closing Date: 18 July 2018

Listing Date: 26 July 2018

Listing Price on NSE SME: INR52 per share (up 1.96% from IPO price)

Closing Price on NSE SME: INR54 per share (up 5.88% from IPO price)

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