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.
Avalon Technologies offer PCB Design, Sourcing, PCB Assembly, Prototyping, and Testing for highly reliable electronics circuit card. Avalon Technologies also offer Box build and System Integration services. Avalon supplies components such as precision mechanical parts, plastics parts, sheet metal parts, coils, transformers, cables, and harnesses for meeting internal requirements during Box Build, System Integration, and Product Integration. Avalon Technologies also sell these parts separately to customers. They offer their services to industries like Medical, Telecommunication, Railways, Power, Aerospace & Defense, and Industrial for the design and manufacturing of their products.
Objects of the Issue
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and one of the Material Subsidiaries, i.e. Avalon Technology and Services Private Limited (ATSPL).
- Funding the working capital requirements of the Company.
- General corporate purposes.
Avalon Technologies IPO Review (Apply or Not)
- May Apply
Brokerage Firm IPO Review
- Canara Bank: Apply
- Choice Equity: Apply
- Jainam Broking: May Apply
- Reliance Securities: Apply
Avalon Technologies IPO Date & Price Band Details
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
The Avalon Technologies IPO minimum market lot is 34 shares with ₹14,824 application amount. The retail investors can apply up-to 13 lots with 442 shares or ₹192,712 amount.
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 Allotment & Listing Dates
The Avalon Technologies IPO date is April 3 and the close date is April 6. The Avalon Technologies IPO allotment will be finalized on April 12 and the IPO listing on April 18.
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 Promoter Holding
- Pre Issue Share Holding: 75.02%
- Post Issue Share Holding
You can check IPO subscription status and IPO allotment status on their respective pages.
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 NSE and BSE. Check out the Avalon Technologies forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Avalon Technologies Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2020 | ₹653 | ₹638 | ₹12.33 |
2021 | ₹696 | ₹667 | ₹23.08 |
2022 | ₹852 | ₹785 | ₹68.16 |
Avalon Technologies IPO Valuation – FY2022
Check Avalon Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹11.30 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 85.86% |
Net Asset Value (NAV): | ₹15.60 per Equity Share |
Peer Group
- Dixon Technologies Limited
- Amber Enterprises Limited
Company Promoters
- Kunhamed Bicha
- Bhaskar Srinivasan
Avalon Technologies IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Avalon Technologies IPO Allotment Status Check
Check Avalon Technologies IPO allotment status on Linkintime website allotment URL. Click Here
Avalon Technologies IPO Lead Managers
- JM Financial Limited
- DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
- IIFL Securities Ltd
- Nomura Financial Advisory And Securities (India) Pvt Ltd
Company Address
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/
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Note: The Avalon Technologies IPO price band and date are not officially announced yet. The IPO grey market premium (Avalon Technologies IPO Premium) will be added to the IPO grey market page as it will start).
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