INVESTOR PRESENTATION

एवन भारत का सबसे लोक�प्रय फन�चर

AVON MOLDPLAST LIMITED

AGENDA

S.No. Sections Page No.

1 Investment Overview 03 - 05

2 Global MarketOverview 06 - 10

3 Business Overview 11 - 30

4 Growth Strategy 31 - 32

5 Financial Highlights 33 - 39

6 Investment Highlights 40

7 Disclaimer 41

1. INVESTMENT OVERVIEW

CompanyAVON MOLDPLAST LTD (“AVON”, “Company”) is a company manufacturing quality plastic molded furniture in the brand name of AVON.

AVON has its Registered Office at A-7/36-39, South of G. T. Road Industrial Area, Electro Steel Casting Compound, Ghaziabad, Uttar Pradesh, India. The Corporate Identification Number of AVON isU25200UP1996PLC101013.

Business ModelManufacture, Sale and Distribution of high quality plastic molded furniture – tables, chairs, stools, baby chairs, etc

Manufacturing facility at Ghaziabad, Uttar Pradesh, India since 2002

All India network for distribution of finishedproducts

Products branded and sold under “AVON’ brand

Attractive Market OpportunityGlobal plastics market is projected to grow at a CAGR of 7.03% from 2017 to2025

Plastics are used in a variety of industries: construction, packaging, appliance, automobile, textile, transportation, and many others.

Established business model, with good Indian players rapidly achieving significant revenues withprofitability

Investment ThesisVintage relationship with suppliers of raw material in India and a stable clientbase

Rising sales of INR 18.9 Cr for 10 Months of FY17-18 (INR 6.1 Cr in FY13-14)

EBITDA positive and profitable with profit margin of 3.66% (10 Months for FY2017-18).

Experienced Team &FacilityEntrepreneurial team with experience and spirit to take the business forward;

Future RoadmapSME IPO on proposes to raise INR 450.84 lacs during Q1 FY18-19 (Draft prospectus approved by NSE Emerge)

The issue proceeds shall be used for acquisition of additional molds, to meet incremental working capital needs and for general corporate purpose.

2. GLOBAL MARKETOVERVIEW

Global plastics market to register CAGR of 7.03% from 2017-2025Global plastics market is projected to grow at a CAGR of 7.03% from 2017 to 2025, as per OrianResearch.

Plastics are used in a variety of industries: construction, packaging, appliance, automobile, textile, transportation, and many others.

A large number of manufacturers supply many different products to numerous end-users for a multitude of applications.Thus, plastics can be regarded as synthetic or semi-synthetic organic solids which canbe transformed into several useful products.

Also, the paradigm shift of technology to recycle plastics for end-use applications provide significant opportunities to the entire supply chain of the plasticsmarket.

The growing automotive and construction sectors in countries such as India and China with the adoption of rapid technological advancement has significantly boosted Asia-Pacific's plasticsmarket.

Brief Profile Comments Other Remark

Public listed company

Founded in 1942

Listed on NSE andBSE

Public listed company

Founded in 1934

Founders @ Vaman Rai V Parekh & Sharad V Parekh

Listed on NSE and BSE

Handles over 320,000MT of polymer p.a.

Manufacturers Industrial and engineering molded Furniture products, etc.

Headquartered in Mumbai, India

Employees over 15,000 employees

Market cap of INR 17,225 Crores and P/E of 40.45

Company has low debt

Has manufacturing facilities in Samba, Greater Noida, Pondicherry, Barjora,Sinnar, Nashik, Silvassa.

It's the world's largest manufacture of molds

Headquartered in Maharashtra

Market capitalization ofINR 2529 Crores and P/E of 20.42

www.nilkamal.com

Company has low debt

Source: *Google finance (screener.in), BSE (bseindia.com)

KEY INDIAPLAYERSThe industry has some of the leading players with SUPREME PLASTICS being the largest by market capitalization….

Incorporated in year 1982

Listed on BSE

Incorporated in year 1995

Listed on BSE

4th largest company in the industry of plastic furniture

Exports to USA, Africa and Middle East

Manufactures Chairs, Tables, Trolleys,Baby products, Miscellaneous products

Headquartered in Mumbai, India

Marketcap of INR 195 Crores and P/E of 20.33

Virtually debt free

Consistent profit growth of 35% over 5 years

Engaged in manufacture of Plastic molded and extruded articles.

Products include CelloImage,Comfort Series, Premium Range, High Back Range, Standra,etc.

Headquartered in Mumbai, India

Employees over 15,000 employees

Market cap of INR 1,367Croresand P/E of 29.52

Virtually debt free

Promoters’equitys take hasdecreased

Source: *Google finance (screener.in), BSE (bseindia.com)

Company

NILKAMAL

Turnover(In Lakhs)

2,09,484

Profit After Tax(Inr Lakhs)

11,845

EPS(INR)

79.38

Market Price AsOn23 / 06 / 2018 (Per Share INR)

1,698.30

SUPREME INDUSTRIES4,46,177 37,930 29.86 1,221.35

WIM PLAST42,840 4,857 40.46 901.50

PRIMA PLASTICS9,569 976 8.87 142.90

AVON MOLDPLAST1385 9.96 0.42 Issue Price Rs. 51.00

Company

NILKAMAL

FACE VALUE (INR)Per Equity Share

10.0

P.E. RATIO

20.42

RONW (%)

16.98%

BOOK VALUE(INR)Per Equity Share

467.17

SUPREME INDUSTRIES2.0 40.45 24.28% 122.29

WIM PLAST10.0 29.52 18.50% 218.77

PRIMA PLASTICS10.0 20.33 17.27% 51.37

AVON MOLDPLAST10.0 121.43 3.70% 11.37

Avon Moldplast - Based on Basic and Diluted Earnings per Share of Rs. 3.51 for the ten months period ended January 31, 2018 (annualised) as per Restated StandaloneFinancial Statements, P/E Ratio is 14.51 in relation to the Issue Price of Rs. 51 per Equity Share.

3. BUSINESS OVERVIEWWell established player with state-of-the-art manufacturing facility and long history of operations…

Founded in 1996, AVON manufactures and sells Plastic furniture to clients across India and has plans to cater to MNCs, large format retailers, E-commerce,etc.

Promoter Shareholding: 81.01% (authorized capital of INR 5.0 crores and paid-upcapital of INR 2.37Crores)

Manufacturing facility is based in Ghaziabad (UP)– India and has been in operation since 2002. Operating capacity/ utilisation has been good and sales has been rising each year in last 5 years with good gross margins.

Stable customer base of Indian companies and a pan Indiannetwork

Highlights of Business model are:

•Designing and Manufacturing of Plastic Furniture

•Sale of finished products to All India Network

•Product innovation and Inventory management

Key Licenses and Approvals

• ISO 9001:2015 certified• Certificate of Import Export Code dated December 31, 2002 bearing issued by the Foreign Trade

Development Officer, Bangalore

• Udyog Aadhar Registration bearing No. UP29C0007374 issued by the MSME, Government of Indiapermission dated February 20, 2009 from Chief Controller of Explosives, Petroleum and ExplosiveSafety Organization (PESO)

• Permission dated February 22, 2018 from Deputy Director, Electrical Safety, UP under IndianElectricityRules,1956 for operation of a diesel generating set of capacity 500 KVA and Transformer of (630 KVA) at the Manufacturing plant in Ghaziabad, UP

Product Focus

• Cupboards• Shoe racks• Drawers & Chester• Racks & Pellets• Stools• Chairs and Tables• Baby chairs and

desks

Manufacturing Facility

The Company has a fullyfunctional manufacturing facility located at A-7/36-39, South ofG.T. Road Industrial Area,Elec-tro steel CastingCompound,Ghaziabad 201009, UttarPradesh, India. The said facility is also houses the Registered andCorporate O f f i c e of the Company.

01

Well established (16 yrs. of trust)

02

Highlyspecialized facilities

03

Access toskilled personnel

04

ISO 9001:2015certified

05

Wide range ofproducts and more under

development/ pipeline

06

Proximity toMetro/Delhi-NCR/

Industry hub

07

Vintage relationship with Suppliers and

Clients in the industry

Readying to cater toMNCs, large format retailers,

E-commerce

08

UNIQUE SELLINGPOINTSThe company has several unique strengths and stands to build on it…..

ORGANISATION STRUCTUREWell established organisation with overall strategy managed by board of directors…

BOARD OFDIRECTOR

Chairman Managing Director

COMPANY SECRETARY

HEAD–ACCOUNTS &FINANCE

HEAD SALES &MARKETING

MKTG HEAD MAHARASHTRA

MGR–ACC &FINANCE

PURCHASE EXECUTIVE

HEAD PRODUCTION

QUALITY ASSURANCE

*6 Directors of which 2 are Executive and 3 are Independent directors

The Company has adequate employees in manufacturing, logistics, purchase, packaging, dispatch which are notshown above.

SHAREHOLDING PATTERNPaid-up capital base stands at INR 2.37 Crores for FY17-18 –to be augmented further with SME IPO

(post issue share capital of INR3.25 crores)…

NAME OF SHAREHOLDER % SHARES TOTAL SHARES

Mar 2018 Mar 2018

Mrs. Anita Aggarwal 29.11 690,000

Mr. Sushil KumarAggarwal 32.91 780,000

Mr. Sahil Aggarwal 18.99 450,000

TOTAL 81.01 1920,000

PROMOTERS

The Company has only one class of Equity shares having a par value of INR 10/- per share. Each holder of Equity shares is entitled to 1 vote per share. The Company declares and pays dividends in INR.

Source: AVON

Mr. Nikhil Aggarwal 3.16 75,000

M/s. Sushil Kumar Aggarwal(HUF) 3.16 75,000

M/s. Sahil Aggarwal(HUF) 3.16 75,000

TOTAL 12.64 3,00,000

Mrs. Kundita Aggarwal 3.16 75,000

PROMOTER GROUP (OTHER THAN PROMOTERS)

NAME OF SHAREHOLDER % SHARES TOTAL SHARES

The Company has only one class of Equity shares having a par value of INR 10/- per share. Each holder of Equity shares is entitled to 1 vote per share. The Company declares and pays dividends in INR.

Source: AVON

BOARD OFDIRECTORSThe company has 6 directors on the board for guiding its overall corporate strategy…

NAME OF DIRECTOR AGE DIN REMARKS

Mr. Sushil KumarAggarwal 57 00248707 Executive Director

Mr. Sahil Aggarwal 27 02515025 Executive Director

Mrs. Anita Aggarwal 53 00248972 Non-Executive Director

Mr. Naubahar Singh 44 0737782 Independent Director

Ms. Vandana Gupta 36 00013488 Independent Director

Ms. Prachika Agarwal 26 08092194 Independent Director

Source: AVON

GODOWNSPlot No. A-7/1/2, S.S.G.T. Road, Industrial Area, Ghaziabad-201009, UPArea @ 694 sq.mt

Godown No. 6, Building No. D/2, H.No 877/6-Dapode Jai Shree Ram Complex, District ThaneArea @ 3,400 sq.ft

Ground Floor, Moh – Pratap Nagar, Near Krishna Niketan School, P.S. – Ramkrishna Nagar,Plot No. 4, Distt. Patna, Bihar Area @ 5000 sq.ft

WATER: The water is required only for cooling process, which is again recycled in coolingtower. The requirement of water is met from ground water.

POWER: AVON has adequate power supply arrangements for its Manufacturing unitfrom Paschimanchal Vidyut Vitran Nigam Limited, with a contracted demand of 405KW.Further, it also has a 400 KVA Diesel Generating set as alternate power back uparrangement.

MANUFACTURING PLANTThe manufacturing facility is located at A-7/36-39, South of G. T. Road Industrial Area, Electrosteel Casting Compound, Ghaziabad 201009, UP. The Company has taken the stated land on leasefromU. P. State Industrial Development Corporation Limited. The plot of land measures approximately 2006.64 sqm with a built up area of approximately 22,000 sq. ft.

RAW MATERIALSThe primary Raw Material for manufacturing molded furniture is Polypropylene Co-polymer (PPCP). This is easily available from vendors like Reliance Industries Limited, Indian Oil Corporation, HaldiaPetrochemicals Limited and from other local sources. PPCP is also available from internationalvendors.

KEY MILESTONES &PERFORMANCEScalable platform established for rapid expansion and consistent growth in sales...

01 02 03 04 05 06

1996Company Setup

2003Manufacturing Facility AtGhaziabad, UP

MAR 2018Conversion Intoa Public LimitedCo.

07

MAY2018ISO Certification 9001:2015

2002Company Renamed ToAvon Moldplast Private Limited Shifted To U.P. State

JAN 2018Registered of f i ce

Ready For Rapid Growth

Q12018-19SME IPO on NSE EMERGE

Incubation and Business Development

Roadmap ForSME IPO on NSE Emerge

Start Of Manufacturing

Quality Certification

SALES PERFORMANCE

INR

CR

OR

ES

0

5

10

15

20

FY13-14 FY15-16 FY16-17 10 Months of FY17-18

FY14-15

6.1 8.0 9.9

13.8

18.9

Source: AVON's financial statements

LEADERSHIP TEAMExperienced management team with significant operating experience…

SUSHIL KUMAR AGGARWAL, CHAIRMAN AND WHOLE TIME DIRECTOR

• Founder and Chairman of the company and instrumental in driving the business

• Very prominent industrialist for with over 30+ yrs experience

• A graduate by qualification and asuccessful entrepreneur in Plastic Molded furniture Industry.

• National President of All India Plastic Molded furniture Association and Chairman of CII-MSME.

SAHIL AGGARWAL, MANAGINGDIRECTOR

• Alumnus of the Singapore Institute of Management.

• JoinedAvon Mold plast in 2009• He takes active leadership in shaping strategy for technology, modernization and creation of value

added products.

• He also looks after the financial management of the company.• Strong believer in corporate social responsibility (CSR) and is associated with an NGO called

“Smile” foundation with the only mission to promote girl child to provide education to under

privileged children, girl and give support for poor children’s health.

PROCESS LIFECYCLEStrong internal processes to handle raw material procurement order, storage, production and dispatch

Procurement of Raw Material & Storage

Inward Logistics & Inventory Management Raw MaterialMixing

Raw Material Pre-heating

Raw Material Feeding into Hopper Furniture Molding

Furniture Finishing Furniture Branding and Packaging

Storage of Finished Products

Dispatch to Customers

Invoice &collection of receipts

PRODUCT PORTFOLIOWell defined product portfolio with focus on innovation and a pipeline of new products to be launched in the coming years

KIBD'SecCaHuAsIReSone size doesn't fitall

Body AtEase

MINDAT PEACEWorkstations forHome

4. GROWTH STRATEGYAdd new Scale profitably, Increase operating efficiency, Strengthen relationships with distributors,Strengthen competitive position…..

AVON’s vision is to become a renowned and major manufacturer of molded furniture by providing cost-effectiveandquality products. In line with this vision, the company’s strategy is to capitalize on its core strengths and thus enhance the volume of its business. The company intend to focus on its existing range of products with specific emphasis on thefollowing as a part of its growth strategy:

To make optimal utilization of resources

To improve our productivity levels by optimum resource utilization, improvement in manufacturing process,skillup-gradation of our workers, modernization of machineries to achieve better asset turnover. We regularly analyze ourexisting raw material procurement policy and manufacturing processes to identify the areas of bottlenecks and timelycorrect the same. This helps us in improving ef ficiency and putting resources to optimal use.

Scaling up the production and increasing the design portfolio of the existing products

To increase the scale of its operations and also increase its design portfolio of the existing products. With increase inscale of operations and increase in design portfolio of existing products, the Company is positive that it would morevisibility and competitive edge to the brand“AVON”.

To strengthen our relationships with existing distributors network and to develop relationships with new distributors

To increase its reach in India as well as in International Markets. The Company proposes to consolidate and strengthen its relationship with existing Distributors Network by providing them with quality products within competitive timelines and at the same time will consistently strive to expand the distributor’s network by developing new relations.

To strengthen our competitive position

To strengthen the competitive position of our products by undertaking brand-building exercise. We would focuson providing quality products at competitive prices.

Increase Market Share in the Domestic Market

We believe that by undertaking Brand building exercise and by increasing our existing chain of distributors, we wouldbe in a position to increase the visibility of our products throughout India, which would in turn assist us in increasingour market share in the domestic market.

5. FINANCIAL HIGHLIGHTS

CAPITAL STRUCTUREShare capital of AVON as at the date of filing of Draft Prospectus with NSE EMERGE is set forth below:

PARTICULARS (Amounts in INR Lakhs)

AUTHORISED CAPITAL 500.0

237.0

AGGREGATE VALUE AT FACE VALUE

SHARE CAPITAL AGGREGATE VALUE AT ISSUE PRICE

(50,00,000 equity share of INR10 each)Issued, Subscribed and Paid-up capital before the Issue (23,70,000 equity share of INR 10each fully paid up)

PRESENT ISSUE IN TERMS OF PROSPECTUS

88.4 450.848,84,000 equity shares of INR 10each fully paid up

Comprising of :

4.60 23.46Market makerportion:

(46,000 equity shares of INR 10each fully paid up)

NET ISSUE TO PUBLIC: 838,000 EQUITY SHARES OF INR 10EACH

325.40

83.8 427.38

Paid UP Equity Capital after the Issue(32,54,000 equity shares of INR 10each fully paid up)

FINANCIAL SUMMARYThe company has currently touched a revenue of INR 18.9 crores in 10M of FY 2017-18 and has a strong balance sheet.

(Amount In lakhs)

PARTICULARS 10M Jan2018 FY 16-17 FY 15-16 FY 14-15 FY 13-14

Total Revenue 1892.44 1385.06 999.79 803.98 617.57

EBITDA 216.66 148.37 127.55 92.57 54.59

PAT 69.32 9.97 5.55 3.65 4.89

PAT% 3.66 0.71 0.55 0.45 0.79

Earnings Per Share(INR) 2.93 0.42 0.23 0.15 0.21

Shareholder Equity 338.83 269.50 259.53 253.98 250.38

Total Liabilities 864.18 749.34 544.77 423.97 229.59

Total Liabilities andEquity 1203.01 1018.84 804.30 677.95 479.97

Current Assets 764.79 622.88 441.79 362.84 294.66

Fixed Assets 438.22 395.96 362.51 315.11 185.31

Total Assets 1203.01 1018.84 804.30 677.95 479.97

BA

LAN

CE

SHEE

TPR

OFI

T &

LOSS

0

5

10

15

20

10M Jan20182015-16FY14-15FY13-14 FY16-17

18.9

13.89.99

8.036.17

Total Revenue in INRCrores

Revenue and PAT has been consistently

increasing over the pastseveral years which reflects well on the

strong business focusand management efforts

10M Jan20182015-16FY14-15FY13-14 FY16-17

3.66%

0.71%0.55%

0.54%

0.79%

Profit after tax%

Profit Margin %increased in 10 months

of FY17-18 sincecompany made efforts to

enhance performance and manage running

costs well.

OBJECTIVE OF PROPOSED SME IPOSME IPO will augment company’s balance sheet by raising INR 4.50 crores

USE OF SME IPO - MONEY

Working Capital requirements

General Corporate Expenses

Molds

1.5

2.05

0.59

INR

CR

OR

ES

Source: AVON prospectus

SME IPO on NSE Emerge will ouer 884,000 Equity Shares @ INR 10 each for cash at a price of INR 51 per equity share (including a share premium of INR 41 per Equity Share), aggregating INR 450.84Lacs

0

0.5

1.0

1.5

2.0

2.5

PROPOSED ISSUEDETAILSPost Issue share capital shall be INR 3.25 crores and promoters holding will drop to 72.83%

PROPOSED IPODETAILS

Issue Size (No. of Shares) 8,84,000

Fresh Issue (NoofShares) 8,84,000

SHARE HOLDING PATTERN (POST ISSUE)

Promoter shareholding postissue 72.83%

Public shareholding postissue 27.17%

BID LOTSIZE

Retail individualinvestor 2000

(Per application amount) 1,02,000

Other ThenRII 2000 & inmultiplesof 2000

IssueSize INR 450.84Lacs

Face Value INR 10

Issue Price INR 51

Pre Issue Paid upCapital INR 2,37,00,000

Post Issue Paid upCapital INR 3,25,40,000

Fresh Issue (No. ofshares) 8,84,000

RESERVATION FOR NO. OF SHARES NO. OF EQUITY SHARES

1. Market Maker 46,000 Pre Issue 23,70,000

2. RII 4,19,000 Post Issue 32,54,000

3. Other ThenRII 4,19,000

LEAD MANAGER TO THEISSUE:Turnaround Corporate Advisors Pvt.Limited

REGISTRAR TO THE ISSUE:Mas Services limitedDelhi

Advisors To The Company: Rajan Bhatia &Company

Initial Public Issue of 884,000 equity shares of face value of INR 10 each (“Equity Shares”) of AVON for cash at a price of INR 51per equity share (including a share premium of INR 41 per equity share) (“Issue Price”) aggregating to INR 450.84 Lacs (“Issue”). The Issue will constitute 27.17% of the fully diluted post-Issue paid-up equity share capital of AVON.

6. INVESTMENT HIGHLIGHTS

Established Plastic furniture company since 1996 and sells under “AVON’ brand

Wide range of product portfolio withcontinuous innovation and diversification across MNCs, large retailers and E-commerce in near future

Experienced management team (16 yrs. +) with strong relationships in theindustry

Quality controls and processes in place to ensure client loyalty & trust (ISO9001:2015)

Strong distribution network spread across PAN India – strong supply chain and distribution mechanism to ensure timely delivery of products

DISCLAIMER

• This document is provided for assistance only and not intended to be taken alone for the basis foran investment decision

• Our presentation/proposal may include predictions, estimates, management opinions or other information that might be considered forward-looking.

• These forward-looking statements represent our current judgment on the future, theyare subject to risks and uncertainties that could cause actual results to diuermaterially.

• Such forward-looking statements are subject to risks and uncertainties like regulatory changes, local political or economic developments, and many other factors thatcould cause actual results to diuer materially from those contemplated by therelevantforward-looking statements.

• For additional information & risk factors please refer to Prospectus (DRHP) of thecompany.

THANK YOU

एवन भारत का सबसे लोक�प्रय फन�चर

AVON MOLDPLAST LIMITED

0120-4376091 | 9910039125 | info@avonmpl.com | www.avonmpl.comFollow Us On:

A-7/36-39, South of G.T Road, Industrial Area (Opp. Rathi Udyog Ltd), Electrosteel Casting Comound

Ghaziabad – 201009 (UP), INDIA

REGISTERED OFFICE

BRANCH OFFICESPATNA DEPOT : Ground Floor, Plot No. 04, Pratap Vihar,

Krishna Niketan School, Ramkrishna Nagar,Patna, Bihar - 800001

BHIWANDI : H.No 877/6, Building No. D/2, Jai Shree Ram Complex, Dapode, Village, Bhiwandi

Thane, Maharashtra - 421302