The Avax Apparels IPO allotment status is now available as the basis of allotment has been finalized. Investors who participated in this highly anticipated IPO can check their allotment status online starting Friday, January 10, 2025.
The subscription period for the Avax Apparels IPO closed on Thursday, January 9, 2025, with an overwhelming response from investors, achieving an impressive overall subscription of 260.39 times. Post-subscription, the IPO’s grey market premium (GMP) hovered around the ₹10 mark, reflecting strong market interest.
To check the allotment status, investors can visit the official website of Skyline Financial Services Private Limited or the BSE website. Both platforms provide easy access to the allotment details, ensuring a seamless experience for investors.
Overview of Contents
Avax Apparels IPO Subscription Status
The subscription data for the Avax Apparels IPO showcases strong investor demand over the three-day period. On Day 1 (January 7, 2025), the Non-Institutional Investors (NII) category saw a subscription of 6.29 times, while the retail segment surged to 49.55 times, leading to a total subscription of 27.92 times.
By Day 2 (January 8, 2025), enthusiasm grew significantly, with NII subscriptions reaching 18.28 times, retail subscriptions climbing to 139.45 times, and the overall subscription hitting 78.86 times.
The momentum peaked on Day 3 (January 9, 2025), as the NII category soared to 140.46 times and the retail segment skyrocketed to 372.35 times, culminating in an impressive total subscription of 260.42 times. This overwhelming response underscores the IPO’s strong market appeal and investor confidence.
Check Avax Apparels IPO Allotment Links
| Skylinerta: | Skylinerta IPO Allotment Page |
| BSE: | BSE IPO Allotment Page |
| Equity Market Insights | IPO Allotment Status Page |
Step 1: How to Check Avax Apparels IPO Allotment Status on Skylinerta
- Visit the Website: Go to the Skyline Financial Services IPO allotment page at Skylinerta.com.
- Select the IPO Name: From the drop-down menu, choose ‘Avax Apparels’.
- Provide Identification Details: Select one of the following options:
- PAN Number
- Application Number
- DP ID/Client ID
- Enter the Details: Fill in the corresponding information based on your selection.
- Search: Click the ‘Search’ button.
- View Allotment Status: The allotment details will appear on your screen, accessible via mobile or desktop.
Step 2: How to Check Avax Apparels IPO Allotment Status on BSE
- Visit the BSE Website: Navigate to the BSE IPO allotment page at BSEIndia.com.
- Select the IPO Name: From the drop-down menu, select ‘Avax Apparels’.
- Choose an Identification Method: Pick one of these options:
- PAN Number
- Application Number
- DP ID/Client ID
- Input the Required Details: Provide the relevant information based on your selection.
- Search: Click the ‘Search’ button.
- Check the Status: Your allotment information will be displayed on the screen.
Step 3: How to Check Avax Apparels IPO Allotment Status in Your Demat Account
- Log In to Your Account: Access your broker’s portal or your trading/Demat account.
- Navigate to Holdings: Go to the holdings section of your account.
- Verify Allotment:
- If shares have been allotted to you, they will appear in your Demat account under the holdings section.
- If no shares are visible, you haven’t received the allotment.
Step 4: How to Check Avax Apparels IPO Allotment Status in Your Bank Account
- Log In to Your Bank Account: Use the banking portal or app for the account you used to apply for the IPO.
- Check the Transaction History: Look at the balance or recent transactions.
- If the allotment is successful, the corresponding amount will be debited.
- If not allotted, the blocked amount will be unblocked and released.
- Confirm via SMS: If shares are allotted, you may receive an SMS from your bank, such as:
“Dear Customer, [Bank Name] Account [Account Number] is debited with INR [Amount] on [Date]. Info: Avax Apparels IPO. The Available Balance is INR [Balance Amount].”
Avax Apparels IPO Dates
| IPO Open Date | Tuesday, January 7, 2025 |
|---|---|
| IPO Close Date | Thursday, January 9, 2025 |
| Basis of Allotment | Friday, January 10, 2025 |
| Initiation of Refunds | Monday, January 13, 2025 |
| Credit of Shares to Demat | Monday, January 13, 2025 |
| Listing Date | Tuesday, January 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 9, 2025 |
About Avax Apparels Company
Incorporated in June 2005, Avax Apparels and Ornaments Limited operates in wholesale knitted fabric trading and online retail of silver ornaments. The company offers a variety of silver jewellery, including rings, payal, kadas, bangles, and chains, catering to major cities in India.
Strategically located in a cloth manufacturing hub, Avax leverages geographical advantages, growing product demand, and strong management relationships to drive success. Supported by a skilled team and excellent customer relations, the company continues to strengthen its position in both segments, employing seven full-term employees as of September 2024.
FAQs on Avax Apparels IPO Allotment Status
How can I check my Avax Apparels IPO allotment status?
You can check the allotment status on Skylinerta.com or BSEIndia.com by entering your PAN, Application Number, or DP ID.
When will the Avax Apparels IPO allotment status be available?
The allotment status will be available online starting Friday, January 10, 2025.
What details are required to check the IPO allotment status?
You need your PAN, Application Number, or Demat Account Number.
How do I check the allotment in my Demat account?
Log in to your Demat/trading account and check the holdings section for credited shares.
How do I know if I didn’t get the allotment?
If shares are not allotted, the blocked amount will be released in your bank account.
Will I receive a confirmation for the allotment?
Yes, successful applicants will receive an SMS from their bank for the debited amount.