Avon Weighing Systems IPO subscription begins on 9th of June. Avon Weighing Systems is a small cap company coming out with an extremely small sized IPO. Avon Weighing IPO has been graded 2 by CARE. The main business line of Avon Weighing Systems involves selling weighing systems in India to various Indian companies. Though this is a niche market with pretty high margins, scaleability is a serious issue and this can affect the growth of Avon Weighing Systems Limited. The IPO is an at apr IPO where the company is issuing shares at the price of Rs. 10 per share of face value Rs. 10 each. Investors can apply in the Avon Weighing IPO for listing gains. However from the long term perspective, Avon Weighing systems IPO is not really attractive due to the obvious reasons mentioned above.

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