1.Company Information
Avax Apparels And Ornaments Limited was founded in June 2005 and operates in two distinct business sectors:
- Trading at wholesale prices
- Silver ornaments sold online
In addition to selling silver decorations, such as rings, ladies' payal, men's kada, plate sets, glass, bangles, bowls, chains, and other jewellery, the company also sells knitted fabric in bulk online. All of the nation's largest cities are supplied by it. In wholesale trading, the business has a number of significant advantages. It has a major benefit because it is situated in the centre of the fabric manufacturing industry. The company also gains from the increasing demand for these goods and the solid commercial ties that the management maintains, both of which support the company's success in this market.
As of September 2024, the company has 7 full term employees.
2. Strenghts
1) Advantage of location
2) Strong network and relationships with industry participants
3) Outstanding customer service
4) A skilled and competent staff
5) A solid management track record
2. Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
1) To meet the Working Capital requirements of the Company;
2) To meet the General Corporate Purposes
3.Avax Apparels And Ornaments Limited IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php