Incorporated in 1999, Avon Weighing Systems Limited engaged in the business of selling weighing systems in India. Avon is classified as small scale industry. Avon is the authorized dealer and one of the distributors of A&D and Tanita’s weighing systems in India.
A&D is the third largest manufacturer of weighing systems in the world and they manufactures Analytical balances, Precision industrial balances, Moisture meters, Laboratory balances, Jewellery scales, Table top balances, Platform scales, Compact scales, Load cells, Weighing indicators and Viscosity meter etc. TANITA Corporation is one of the largest manufacturers for personal weighing scales, Mechanical/Digital bathroom & body fat monitor/scales, digital baby scale, professional fitness products - body composition analyzers/scales, etc.
Currently, they have manufacturing plant in Baddi (H.P.) where Avon manufactures the compact scales, platform scales, weighbridge & Tablet Calculation Systems- Auto Feeders with SQC software. They are mainly focusing into the industries like jewellery, Fitness centers, Hospitals, Clinics, Hotels & Shopping Malls.
Avon's clients are:
1. Sports Fuel
2. Larsen & Toubro Limited
3. Pantaloon Retail (India) Ltd
4. Rusan Pharma Ltd
5. Glenmark Pharmaceuticals Ltd
6. Godrej Industries Ltd
7. Reliance Life Sciences Pvt Ltd, etc.
Particulars | For the year/period ended (Rs. in lacs) | ||||
31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 | 31-Mar-03 | |
Total Income | 4017.45 | 2422.77 | 1171.22 | 823.98 | 699.43 |
Profit After Tax (PAT) | 137.46 | 89.30 | 33.23 | 15.68 | 12.32 |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Setting-up a full fledged manufacturing facility for indigenous manufacture of a particular range of weighing systems;
2. Setting-up furniture & fixtures at factory, corporate office & showrooms;
3. Setting-up computers and software and SAP systems;
4. Contingency Provision;
5. To meet the working capital requirement;
6. To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges;
7. General corporate purposes.
IPO Opening Date | Jun 9, 2008 |
IPO Closing Date | Jun 12, 2008 |
Issue Type | Fixed Price Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹10 per equity share |
Market Lot | |
Min Order Quantity | |
Listing At | BSE |
Issue Size | 9,836,400 Eq Shares of ₹10 (aggregating up to ₹9.84 Cr) |
Listing Date | Thursday, July 3, 2008 |
BSE Script Code | 532995 |
NSE Symbol | |
Listing In | B |
ISIN | INE207I01016 |
IPO Price | ₹10 per equity share |
Face Value | ₹10 per equity share |
|
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Avon Weighing Systems Limited
15, 2nd Floor, B Wing, Kamal Kunj,
S.V. Road, Irla Bridge,
Andheri(W) Mumbai–400058
Phone: +91-22-66804049
Email: anita_v@aws.co.in
Website: http://www.aws.co.in
Datamatics Financial Services Ltd
A 16 & 17, MIDC Part B Crosslane,
Marol, Andheri (East),
Mumbai 400 093. India
Phone: +91-22-66712151
Email: dnyanesh_gharote@vsnl.com
Website: https://www.datamatics.com/investors/shareholder-s
Avon Weighing IPO is a main-board IPO of 9,836,400 equity shares of the face value of ₹10 aggregating up to ₹9.84 Crores. The issue is priced at ₹10 per equity share. The minimum order quantity is .
The IPO opens on Jun 9, 2008, and closes on Jun 12, 2008.
Datamatics Financial Services Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.
The Avon Weighing IPO opens on Jun 9, 2008 and closes on Jun 12, 2008.
Avon Weighing IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Avon Weighing IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Avon Weighing IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Avon Weighing IPO allotment status.
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