Avalon Technologies Limited
Mainboard₹14,824 / 34 Shares
Avalon Technologies Limited IPO Details
The Avalon Technologies Limited IPO price band is set between ₹415-436 per equity share, with a face value of ₹2 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 3 Apr, 2023 and closes on 6 Apr, 2023. Investors can check the allotment status on 12 Apr, 2023, while the listing date is tentatively scheduled for 18 Apr, 2023.
The total issue size is 19,839,450 shares of ₹2 , aggregating up to ₹865.00 Cr. Stay tuned for the latest Avalon Technologies Limited IPO review and GMP updates.
Avalon Technologies Limited IPO Review, Rating & Analysis
Avalon Technologies Limited IPO Review
NO REVIEWAvalon Technologies Limited IPO Rating
Avalon Technologies Limited IPO Highlights
IPO Date
Apr 3, 2023 - Apr 6, 2023
Listing Date
18 Apr, 2023
Face Value
₹2 Per Equity Share
Price Band
₹415-436 per equity share
Lot Size
34 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Avalon Technologies Limited IPO Lot Size
The minimum market lot for Avalon Technologies Limited IPO is 34 shares with an application amount of ₹14,824. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,824 |
| Retail (Max) | 13 | 442 | ₹1,92,712 |
| S-HNI (Min) | 14 | 476 | ₹2,07,536 |
| S-HNI (Max) | 67 | 2278 | ₹9,93,208 |
| B-HNI (Min) | 68 | 2312 | ₹10,08,032 |
Avalon Technologies Limited IPO Timeline
Issue Price
₹415-436 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
JM Financial LimitedDAM Capital Advisors LtdIIFL Securities LtdNomura Financial Advisory And Securities (India) Pvt LtdIssue Size
19,839,450 shares of ₹2 (aggregating up to ₹865.00 Cr)#Fresh Issue: 7,339,450 shares of ₹2 (aggregating up to ₹320.0 Cr)#Offer for Sale: 12,500,000 shares of ₹2 (aggregating up to ₹545.0 Cr)Avalon Technologies Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 587.96 | 851.65 | 68.16 | - | - | - |
| 31 Mar 21 | 512.48 | 695.90 | 23.08 | - | - | - |
| 31 Mar 20 | 449.65 | 653.15 | 12.33 | - | - | - |
| 31 Mar 19 | N/A | N/A | N/A | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Kunhamed Bicha
- Bhaskar Srinivasan
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 70.75% | 51.24% |
About Company
Avalon Technologies Limited is a leading fully integrated Electronic Manufacturing Services (EMS) company. They have end-to-end capabilities in delivering box-build solutions in India, focusing on high-value precision engineered products. The company is one of the leaders in the segment in India in terms of revenue in Fiscal 2022.
Through a unique global delivery model, Avalon offers a full stack product and solution suite, right from printed circuit board (PCB) design and assembly to the manufacture of complete electronic systems (Box Build), to certain global original equipment manufacturers (OEMs), including OEMs located in countries like China, Netherlands, United States, and Japan.
The offerings of Avalon Technologies Limited include PCB design and assembly, cable assembly and wire harnesses, sheet metal fabrication and machining, magnetics, injection molded plastics, and end-to-end box build of electronic systems.
With its notable specialization in manufacturing and providing design support for critical integrated assemblies, sub-assemblies, components, and enclosures for multiple industry verticals, they help customers receive the best of services.
Avalon Technologies Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,915,011 | 2,975,917 1,983,945 991,972 | 1,983,944 | 10,844,186 |
Day 1 -03-04-23 05:00 PM | 0.00 x | 0.01 0.01 x 0.02 x | 0.17 x | 0.03 x |
Day 2 -05-04-23 05:00 PM | 0.00 x | 0.05 0.03 x 0.09 x | 0.48 x | 0.10 x |
Day 3 -06-04-23 05:00 PM | 3.57 x | 0.41 0.42 x 0.39 x | 0.84 x | 2.21 x |
Frequently Asked Questions about Avalon Technologies Limited IPO
When will Avalon Technologies Limited IPO open for subscription?
The Avalon Technologies Limited IPO opens on 3 Apr, 2023 and closes on 6 Apr, 2023.
What is the investors portion for Avalon Technologies Limited IPO?
The investors' portion for QIB is 3.57 x, NII is 0.42 x, and Retail is 0.84 x.
How to apply for Avalon Technologies Limited IPO?
You can apply for Avalon Technologies Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Avalon Technologies Limited IPO?
The issue size of Avalon Technologies Limited IPO is approx ₹19,839,450 shares of ₹2 (aggregating up to ₹865.00 Cr)#Fresh Issue: 7,339,450 shares of ₹2 (aggregating up to ₹320.0 Cr)#Offer for Sale: 12,500,000 shares of ₹2 (aggregating up to ₹545.0 Cr) crores.
What is the price band of Avalon Technologies Limited IPO?
The price band for Avalon Technologies Limited IPO is ₹415 to ₹436 per equity share.
What is the lot size of Avalon Technologies Limited IPO?
The minimum bid (lot size) for Avalon Technologies Limited IPO is N/A shares with an investment of approx ₹14,824 .
What is the allotment date of Avalon Technologies Limited IPO?
The allotment date for Avalon Technologies Limited IPO is 12 Apr, 2023.
What is the listing date of Avalon Technologies Limited IPO?
The listing date for Avalon Technologies Limited IPO is expected to be 18 Apr, 2023.
What is the GMP of Avalon Technologies Limited IPO?
The latest Grey Market Premium (GMP) for Avalon Technologies Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.