The Avalon Technologies IPO has begun on 03-Apr-2023. It will close on 06-Apr-2023. The Total IPO Size is 865 Crore. The company set its IPO price is 415-436 Rs Per Share. Basically, there are three basic categories in Avalon Technologies IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).
Avalon Technologies is established in 1999.
Avalon Technologies are one of the leading fully integrated Electronic Manufacturing Services (“EMS”) companies with end-toend capabilities in delivering box build solutions in India in terms of revenue in Fiscal 2022
They provide 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 the United States, China, Netherlands and Japan.
They have 81 customers and book (open order) ₹ 10,391.49 million as of June 30, 2022. They have 12 manufacturing units located across the United States and India, one unit in Atlanta, Georgia, one unit in Fremont, California, seven units in Chennai, Tamil Nadu, one unit in Kanchipuram, Tamil Nadu and two units in Bengaluru, Karnataka.
Industry Peers
1) Dixon Technologies Limited
2) Amber Enterprises Limited
Avalon Technologies IPO Promotors
1) Kunhamed Bicha
2) Bhaskar Srinivasan
Avalon Technologies IPO Date, Details & Price Band
| IPO Opening Dates | 03-Apr-2023 |
| IPO Closing Dates | 06-Apr-2023 |
| Price Band | 415-436 Rs |
| Offer For Sale | 545 Crore |
| Fresh issue | 320 Crore |
| Total IPO size | 865 Crore |
| Minimum bid (lot size) | 34 Shares |
| Face Value | 2 INR Per Share |
| QIB Allocation | 75% |
| HNI Allocation | 15% |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Avalon Technologies IPO Market Lot
The Avalon Technologies IPO minimum market lot is 34 shares With 14,824 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 34 | 14,824 ₹ |
| Retail Maximum | 13 | 442 | 1,92,712 ₹ |
| S-HNI Minimum | 14 | 476 | 2,07,536 ₹ |
| S-HNI Maximum | 67 | 2,278 | 9,93,208 ₹ |
| B-HNI Minimum | 68 | 2,312 | 10,08,032 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 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 |
| EPS (₹) | NAV (₹) | RoNW(%) | Borrowings (million) | |
| 31-Mar-22 | 11.30 | 15.60 | 85.86 | 2,940.53 |
| 31-Mar-21 | 4.01 | 11.19 | 40.36 | 2,953.32 |
| 31-Mar-20 | 2.21 | 8.93 | 25.19 | 2,484.81 |
Avalon Technologies IPO GMP & Grey Market Premium
Avalon Technologies IPO GMP Grey market premium has been started today. Check Latest Avalon Technologies IPO GMP, Kostak Rates and Subject to Sauda Price here.
Avalon Technologies IPO Prospectus
| DRHP | Download |
| RHP | Download |
Avalon Technologies IPO Reviews
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Avalon Technologies IPO Form Download
Avalon Technologies IPO form available on NSE, BSE Website as well as on our Portal. Please click here to Download Avalon Technologies IPO forms.
Avalon Technologies IPO Allotment Date & Details
| Allotment Date | 12-Apr-2023 |
| Initiation of refunds | 13-Apr-2023 |
| Transfer of shares to Demat accounts | 17-Apr-2023 |
| Listing Date | 18-Apr-2023 |
| Check Allotment Status | Click here |
Registrar of Avalon Technologies IPO
Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: + 91 22 4918 6200
E-mail: [email protected]
Website: www.linkintime.co.in
Investor grievance E-mail:
[email protected]
Contact person: Shanti Gopalkrishnan
SEBI Registration No: INR000004058
Avalon Technologies Contact Details
Avalon Technologies Limited
B – 7, First Main Road,
MEPZ, Tambaram,
Chennai – 600 045
Phone: +9144 42220 400
Email: [email protected]
Website: http://www.avalontec.com/
Avalon Technologies IPO Lead Managers
DAM Capital Advisors Limited
JM Financial Limited
IIFL Securities Limited
Nomura Financial Advisory and Securities (India) Private Limited
FAQ Question
- When is Avalon Technologies IPO Listing Date?
Avalon Technologies IPO listing date is 18-Apr-2023.
- When Avalon Technologies IPO allotment?
Avalon Technologies IPO Allotment date is 12-Apr-2023.
- What is Avalon Technologies IPO GMP ( Grey market premium) ?
Check latest IPO GMP
- What is the lot size of Avalon Technologies IPO?
34 Shares Minimum.
- How to apply in Avalon Technologies IPO through Zerodha?
1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Avalon Technologies IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).
- How to check Avalon Technologies IPO Allotment?
User can check Avalon Technologies IPO Allotment on linkintime.co.in website.
- How to check Avalon Technologies IPO Subscription Status?
User can check Avalon Technologies IPO Subscription Status on our website.
- What is the Price band of Avalon Technologies IPO?
415-436 Rs.
- What is the Issue Size of Avalon Technologies IPO?
865 Crore