Avax Apparels and Ornaments Ltd Shareholding Pattern
Promoter Holdings
41.973 %
FIIs
0.000 %
DIIs
0.000 %
MutualFund
0.000 %
Retail
38.108 %
Others -
19.919 %
About Avax Apparels and Ornaments Ltd
History of Avax Apparels and Ornaments Ltd
Avax Apparels & Ornaments Limited was originally incorporated on June 2, 2005 as a Private Limited Company under the name 'Ethnic Designers Private Limited'' with the Registrar of Companies, Delhi & Haryana. The Company name was changed to 'Avax Soft Technologies Private Limited' dated October 11, 2021 by Registrar of Companies, Delhi. The Company was subsequently converted into a Public Limited Company and name of the Company was changed to Avax Soft Technologies Limited vide fresh Certificate of Incorporation dated November 18, 2022. The name of the Company was further changed to 'Avax Apparels and Ornaments Limited' vide certified Incorporated on June 15, 2023 issued by the Registrar of Companies, NCT of Delhi & Haryana.
The Company operates within two distinct business segments, the wholesale trading of knitted cloth, and the online retail of silver ornaments. They directly buy from manufacturers and supply wholesale to companies and readymade garment manufacturers in Punjab. It specialize in sourcing and supplying knitted cloth, which are used for manufacturing of ladies and gents' jackets. It offer a wide variety of silver jewellery items including necklaces, bracelets, earrings, and rings.
The Company's key advantages in this business include operating in the affordable silver ornaments sector, an increase in demand for silver ornaments in Indian markets, the ability to replicate gold jewellery designs in silver, and access to exclusive Punjabi ethnic designs.
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The Indian knitted cloth market is known for its high-quality products and competitive pricing, which has helped the Company to establish a strong presence in the global market. The major products being produced include t-shirts, sweaters, jerseys, and other knitwear garments. Some of the key players in the Indian online silver jewellery market offer a wide range of silver jewellery products such as silver earrings, silver bangles, silver chains, silver pendants, and silver rings.
The Company purchased machineries for producing knitted cloth in 2023.
The Company launched initial public offering of 2,74,000 Equity Shares of Rs 10 each by raising funds aggregating to Rs 1.918 Crore through fresh issue in September, 2024.
FAQs on Avax Apparels and Ornaments Ltd
1. Can I buy Avax Apparels and Ornaments Ltd from PL Capital? ›
Yes, you can invest in Avax Apparels and Ornaments Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Avax Apparels and Ornaments Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Avax Apparels and Ornaments Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Avax Apparels and Ornaments Ltd pay dividends? ›
Avax Apparels and Ornaments Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Avax Apparels and Ornaments Ltd ? ›
As of
06-Feb-2026 , 16:01:39 the share price for Avax Apparels and Ornaments Ltd. is ₹ 226.25 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Avax Apparels and Ornaments Ltd ? ›
The 52-week high and low of Avax Apparels and Ornaments Ltd share price is ₹ 93.55 - ₹ 247.95 as of
06-Feb-2026 , 16:01:39 .
