Avalon Technologies IPO Subscription Status [ Final ]

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.

Latest News Update: Avalon Technologies IPO Subscription Status Live
  • Avalon Technologies IPO subscribed 2.34 times, retail portion booked 0.88 times on day 3 day.
  • The QIB 3.77, NII 0.43 times Subscribed on day 3.

Avalon Technologies IPO Subscription Status

Day 1 (times) Day 2 (times) Day 3 (times)
QIB 0.00 0.00 3.77
NII 0.01 0.05 0.43
Retail 0.17 0.48 0.88
Total 0.03 0.10 2.34

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