Avalon Technologies IPO subscription status started on Monday April 3, 2023 and will close on April 6, 2023. Avalon Technologies IPO to raise around ₹865 crores via IPO. The retail quota is 10%, QIB is 75%, and NII is 15%. The price band is fixed at ₹415 to ₹436 per equity share.
The Avalon Technologies IPO minimum market lot is 34 shares with ₹14,824 application amount. The IPO to list on BSE and NSE.
Avalon Technologies Limited is one of the leading Vertically-Integrated Electronic Manufacturing Services (“EMS”) companies with a Global Manufacturing footprint with 1900+ employees as on 31st March 2022. Avalon is one of the leaders in he segment in India in terms of revenue in Fiscal 2022.
IPOWatch View
We recommend investors may apply an IPO with Longterm Views Investors should also look at the QIB, NII, and Retail numbers before investing.
Avalon Technologies IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 3.77 |
| NII | 0.01 | 0.05 | 0.43 |
| sNII | 0.01 | 0.03 | 0.44 |
| bNII | 0.02 | 0.09 | 0.41 |
| RII | 0.17 | 0.47 | 0.88 |
| Total | 0.03 | 0.10 | 2.34 |
Avalon Technologies IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Avalon Technologies IPO Review
- May Apply
Avalon Technologies IPO Date & Price Band
| IPO Open: | April 3, 2023 |
| IPO Close: | April 6, 2023 |
| IPO Size: | Approx ₹865 Crores |
| Fresh Issue: | Approx ₹320 Crores |
| Offer for Sale: | Approx ₹545 Crores |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹415 to ₹436 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Avalon Technologies IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 34 | ₹14,824 |
| Retail Maximum | 13 | 442 | ₹192,712 |
| S-HNI Minimum | 14 | 476 | ₹207,536 |
| B-HNI Minimum | 68 | 2312 | ₹1,008,032 |
Avalon Technologies IPO Subscription Dates
| Price Band Announcement: | March 28, 2023 |
| Anchor Investors Allotment: | March 31, 2023 |
| IPO Open Date: | April 3, 2023 |
| IPO Close Date: | April 6, 2023 |
| Basis of Allotment: | April 12, 2023 |
| Refunds: | April 13, 2023 |
| Credit to Demat Account: | April 17, 2023 |
| IPO Listing Date: | April 18, 2023 |
Avalon Technologies IPO Form
How to apply for the Avalon Technologies IPO? You can apply for Avalon Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Avalon Technologies IPO in the Invest section. The other option is you can apply for Avalon Technologies IPO via IPO forms downloaded via BSE and NSE. Check out the Avalon Technologies forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
