Avalon Technologies Limited IPO, GMP, Price, Date and Detials

Avalon Technologies Limited IPO Details – Avalon Technologies limited IPO price is not fixed and dates are fixed. The opening date of Avalon Technologies Limited is 03 April 2023 and the closing date is 06 April 2023. The company is going to raise ₹865 Cr through IPO and the issue type is a book built Issue type. The Face Value of Avalon Technologies IPO is Rs 2/share. The reservation sequence is QIB= 75%, NII= 15%, and RII= 10%.

About Avalon Technologies Limited

  • Established in 1999.
  • Avalon Technologies Limited is a leading Electronic Manufacturing Services (EMS) company in India.
  • They specialize in delivering box-build solutions for high-value precision-engineered products.
  • Avalon Technologies offers a unique global delivery model that provides end-to-end capabilities in delivering a full-stack product and solution suite.
  • Their offerings 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.
  • The company has notable specialization in manufacturing and providing design support for critical integrated assemblies, sub-assemblies, components, and enclosures for multiple industry verticals.
  • Avalon Technologies serves global original equipment manufacturers (OEMs) located in countries like China, the Netherlands, the United States, and Japan.
  • They are one of the leaders in the EMS segment in India in terms of revenue in Fiscal 2022.

Avalon Technologies Limited IPO Review

For Long Term:- Financials are good, you can think about this.

For Listing Gain:- Check GMP before applying

Avalon Technologies IPO GMP Today

Avalon Technologies IPO GMP is Rs9.

DateGMP (%Gain/loss)Subject Rate
05 Apr 2023₹10 (2.29%)
04 Apr 2023₹9 (2.06%)
03 Apr 2023₹11 (2.52%)
02 Apr 2023₹12 (2.75%)
01 Apr 2023₹12 (2.75%)
31 Mar 2023₹10
30 Mar 2023₹15
29 Mar 2023₹15
28 Mar 2023₹26
27 Mar 2023₹24

Also Read: Income Tax in Stock Market 2022

Avalon Technologies IPO Financial Report ₹(in crore)

YearAssetsPATRevenue
Mar 20449.612.33653.15
Mar 21512.523.08695.90
Mar 22587.968.16851.65

Avalon Technologies IPO Date & Details

It is a Book Built issue type IPO with an IPO Size of ₹865 cr and it will list on NSE as well as on BSE.

IPO Open Date03 Apr 2023
IPO Close Date06 Apr 2023
Lot Size34  Shares
Issue Size₹ 865 cr ( 19,839,450 Shares)
Issue TypeBook Built
Fresh Issue₹ 320 cr ( 7,339,450 Shares)
Offer For sale₹545 Cr ( 12,500,000 Shares)
Face Value₹2/Equity Share
Price Band₹ /Share
List OnNSE & BSE
DRHPClick Here
GMPClick Here
Avalon Technologies IPO Details

Objective

The main objective of Avalon Technologies Limited is to raise funds are:

  • General Corporate Purpose
  • Working capital requirements
  • Repayment or Prepayment of Certain borrowings

Avalon Technologies Limited IPO Market Lot Size

Minimum Lot Size1 Lot,  34 Shares
Minimum Amount₹14,824
Maximum Lot Size13 Lot,  442 Shares
Maximum Amount₹192,712

Click Here to Check the Upcoming IPO of 2022

IPO Time Table

Avalon Technologies IPO Open date is  03 Apr 2023 and the closing date is  06 Apr 2023. The Allotment date is  12 Apr 2023 and the Listing Date is  18 Jan 2023.

IPO Open Date03 Apr 2023
IPO Close Date06 Apr 2023
Allotment Date12 Apr 2023
Refund Date13 Apr 2023
Credit To Demat Account17 Apr 2023
Listing Date18 Apr 2023

Avalon Technologies Limited Company Promoters

  • Kunhamed Bicha
  • Bhaskar Srinivasan

Avalon Technologies Limited Peer’s

  • Dixon Technologies
  • Amber Enterprises

Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: avalontec.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Address

Avalon Technologies Limited
B – 7, First Main Road,
MEPZ, Tambaram,
Chennai – 600 045
Phone: +9144 42220 400
Email: investorsrelations@avalontec.com
Website: http://www.avalontec.com/

Avalon Technologies Limited FAQ

What is Avalon Technologies IPO Price?

The Price of Avalon Technologies IPO cutoff price is ₹415-436 per share.

What is Avalon Technologies IPO Date?

The Avalon Technologies IPO opens on  03 Apr 2023 and closes on  06 Apr 2023.

What is Avalon Technologies IPO issue size?

The IPO Size of Avalon Technologies IPO is ₹ 865cr and issuing 19,839,450 Eq Shares.

What is Avalon Technologies IPO allotment Date?

The Allotment date of Avalon Technologies IPO is  12 Apr 2023.

What is Avalon Technologies Limited’s Listing Date?

The listing date of Avalon Technologies IPO is  18 Apr 2023 and the IPO will list on BSE and NSE.

How to Apply for Avalon Technologies IPO through Zerodha?

1. Log in to the Zerodha Kite application on your mobile.

2. Go to Portfolio and Click on IPO.

3. You will see the IPO Name “Avalon Technologies ”. Click on Bid Button.

4. Enter your UPI ID, Quantity, and Price.

5. Submit IPO Application Form.

6. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.

How to Apply for Avalon Technologies IPO through Upstox App?

1. Log in to the Upstox application on your mobile.

2. Go to Portfolio and Click on IPO.

3. You will see the IPO Name “Avalon Technologies”. Click on Bid Button.

5. Enter your UPI ID, Quantity, and Price.

6. Submit IPO Application Form.

7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.

How to Apply for Avalon Technologies IPO through Groww App?

1. Log in to the Groww application on your mobile.

2. Now you can see IPOs and Click on IPO.

3. You will see the IPO Name “Avalon Technologies”.

4. Click on Bid Button.

5. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form.

6. Now go to your UPI App on Net Banking or BHIM App to approve the payment process.

How to Apply for Avalon Technologies IPO through Paytm Money App?

1. Log in to the Paytm Money application on your mobile.

2. Now you can see Invest in IPOs Section and Click on IPO.

3. You will see the IPO Name “Avalon Technologies”.

4. Click on Bid Button.

5. Enter your UPI ID, Quantity, and Price.

6. Submit IPO Application Form.

7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.

Conclusion:- I hope this article is helpful for you if you have any queries regarding IPO and upcoming IPO you can comment down below.

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