Incorporated in 1999, Aditya Vision Ltd (AVL) is engaged into retail business of consumer electronics, home appliances, camera, cam recorders, and mobile phones. AVL is a multi-brand, multi-product retail chain which stocks an entire range of consumer durables, right from Air conditioners, TVs, Washing Machines, Refrigerators, Microwaves, Home Theatre Systems, Mobile Phones, small home appliances and many more.
They offers some of the popular brands such as LG, Samsung, Sony, Daikin, Videocon, Panasonic, Onida, Nikon etc. Having started its business with a small store in Patna, Bihar, now it has evolved into one of Patnaâ€™s leading chain of consumer durables and electronic goods stores. At present it has 19 stores/outlets across Bihar, India under the brand name of â€œAditya Visionâ€.
The objects of the Issue are:
1. To meet the working capital requirements of the Company
2. General Corporate Expenses
3. Issue Expenses
»» Issue Open: Nov 28, 2016 - Dec 5, 2016
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 3,840,000 Equity Shares of Rs 10 aggregating up to Rs 5.76 Cr
› Fresh Issue of 3,840,000 Equity Shares of Rs 10 aggregating up to Rs 5.76 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 15 Per Equity Share
»» Market Lot: 8000 Shares
»» Minimum Order Quantity: 8000 Shares
»» Listing At: BSE SME
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