Avax Apparels And SME IPO Subscription
ListedUpdated 14 January 2025, 9:15 AM IST· BSE SME
Avax Apparels And SME IPO subscription closed on 9 January 2025 at 260.42x overall by shares. NII at 140.46x, and retail at 372.29x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 10 January 2025. Listing date on NSE and BSE is 14 January 2025.
Avax Apparels And SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 7 Jan 2025 | - | 6.29x | 49.55x | 27.92x |
| Day 2 - 8 Jan 2025 | - | 18.28x | 139.45x | 78.86x |
| Day 3 - 9 Jan 2025 | - | 140.46x | 372.29x | 260.39x |
Avax Apparels And SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Avax Apparels And SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 372.29x (shares) | Updating soon |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Avax Apparels And SME IPO Allotment Status page from 10 January 2025 for your result.
Avax Apparels And SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 70.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| NII | Rs 91.00 L | Rs 127.82 Cr | 140.46x |
| IND | Rs 91.00 L | Rs 338.79 Cr | 372.29x |
| Total | Rs 1.82 Cr | Rs 466.61 Cr | 256.38x |
What Do These Subscription Numbers Mean?
260.42x overall by shares means bids covered about 260 times the shares on offer. Allotment chances depend on applications in each category.
NII covers bids above Rs 2 lakh (140.46x by shares). SHNI and BHNI allotment is by lottery.
Retail at 372.29x by shares. Exact lottery chances need application data.
Avax Apparels And SME IPO GMP After Subscription
GMP for Avax Apparels And SME stands at Rs 20.00 today, giving an estimated listing price of Rs 90.00 per share.
A subscription of 260.42x combined with a GMP of 28.57% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Avax Apparels And SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Avax Apparels And SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 7 January 2025 |
| IPO Close Date | 9 January 2025 |
| Allotment Date | 10 January 2025 |
| Refund Initiation | 11 January 2025 |
| Share Credit to Demat | 11 January 2025 |
| Listing Date | 14 January 2025 |
| Minimum Investment | Rs 2,80,000.00 |
| Lot Size | 2000 shares |
About Avax Apparels And SME
Avax Apparels And Ornaments Limited is involved in two separate lines of business: Wholesale trading and Online retail of silver ornaments The company wholesales knitted fabric and sells silver ornaments online, including rings, ladies' payal, gents kada, plate sets, glass, bangles, bowls, chains, and other jewellery. It supplies all major cities across the country.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Avax Apparels And SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Avax Apparels And SME Details
Issue size, price, financials, and company info
Avax Apparels And SME GMP
Live grey market premium and listing estimate
Avax Apparels And SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Avax Apparels And SME Allotment
Allotment date, chances, and check by PAN
Avax Apparels And SME Review
SWOT, strengths, risks, and IPO review
Avax Apparels And SME FAQ
Common questions on dates, GMP, and allotment
Avax Apparels And SME Registrar
Registrar website and how to check allotment
Avax Apparels And SME Timeline
Open, close, allotment, and listing dates
Avax Apparels And SME News
Updates, blogs, and latest IPO news
Avax Apparels And SME IPO Subscription FAQs
What is Avax Apparels And SME IPO subscription status today?
Avax Apparels And SME IPO subscription closed on 9 January 2025 with overall subscription of 260.42x (by shares) as of 27 August 2026, 4:32 AM IST. QIB N/A, NII 140.46x, IND 372.29x.
What is the overall subscription of Avax Apparels And SME IPO?
Avax Apparels And SME IPO is subscribed 260.42x overall by shares at close on 9 January 2025. QIB N/A, NII 140.46x, and IND 372.29x.
What is Avax Apparels And SME IPO QIB subscription?
QIB subscription for Avax Apparels And SME IPO will appear here once institutional bids are recorded.
What is Avax Apparels And SME IPO IND subscription?
Avax Apparels And SME IPO IND subscription is 372.29x by shares. Retail bids are up to Rs 2 lakh per PAN.
What is Avax Apparels And SME IPO NII, SHNI, and BHNI subscription?
Avax Apparels And SME IPO NII subscription is 140.46x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).
What are Avax Apparels And SME IPO retail allotment chances?
Avax Apparels And SME IPO retail share subscription is 372.29x. Application data is needed for exact lottery chances.
What are Avax Apparels And SME IPO SHNI allotment chances?
Avax Apparels And SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Avax Apparels And SME IPO BHNI allotment chances?
Avax Apparels And SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Avax Apparels And SME IPO allotment date?
Avax Apparels And SME IPO allotment date is 10 January 2025. Check Avax Apparels And SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Avax Apparels And SME IPO subscription close?
Avax Apparels And SME IPO subscription closed on 9 January 2025. No new applications are accepted after the close.
What is Avax Apparels And SME IPO GMP today?
Avax Apparels And SME IPO GMP is ₹20 today (+28.57% over issue price ₹70). See live GMP on the Avax Apparels And SME IPO GMP Today page.
What is Avax Apparels And SME IPO issue price and lot size?
Avax Apparels And SME IPO issue price is ₹70 per share. Lot size is 2000 shares. Minimum investment is ₹2,80,000 per lot (minimum 2 lots for SME). Issue size: ₹1.92 Cr.
When is Avax Apparels And SME IPO listing date?
Avax Apparels And SME IPO listing date is 14 January 2025 on NSE and BSE. Allotment is on 10 January 2025.
How does subscription affect Avax Apparels And SME IPO allotment?
In Avax Apparels And SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 260.42x overall, competition is very high.
For allotment results from 10 January 2025, visit the Avax Apparels And SME IPO Allotment Status page. For listing day updates on 14 January 2025, download the IPOwiz App.
Sources
We match Avax Apparels And SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.