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Open
9 Jun 2008
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Close
12 Jun 2008
3
Allotment
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Listing
Thu, Jul 3, 2008
Price Band
₹10 per share
Issue Size
1,37,33,033 shares (agg. up to ₹14 Cr)
Listing Date
Thu, Jul 3, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 44.73x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land and buildings & other Assets | 4.65 |
| 2 | Machineries | 3.40 |
| 3 | Dies | 0.80 |
| 4 | Technical collaboration fees to Tanita, Japan | 1.00 |
| 5 | Furniture and Fixtures at factory, corporate office and showrooms | 0.40 |
| 6 | Computers and software and Iweb systems | 0.70 |
| 7 | Contingency Provision | 0.85 |
| 8 | Working capital | 4.50 |
About Avon Weighing Systems IPO
Incorporated in 1999, Avon Weighing Systems Limited engaged in the business of selling weighing systems in India. Avon is classified as a small-scale industry. Avon is the authorised 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 Retai
Contact Details
Avon Weighing Systems Ltd. Address15, 2nd Floor, B Wing, Kamal KunjS.V.Road, Irla BridgeAndheri (west)Mumbai, Maharashtra, 400058+91-22-66804049anita_v@aws.co.inVisit Website