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%.
Table of Contents
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.
| Date | GMP (%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)
| Year | Assets | PAT | Revenue |
|---|---|---|---|
| Mar 20 | 449.6 | 12.33 | 653.15 |
| Mar 21 | 512.5 | 23.08 | 695.90 |
| Mar 22 | 587.9 | 68.16 | 851.65 |
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 Date | 03 Apr 2023 |
| IPO Close Date | 06 Apr 2023 |
| Lot Size | 34 Shares |
| Issue Size | ₹ 865 cr ( 19,839,450 Shares) |
| Issue Type | Book 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 On | NSE & BSE |
| DRHP | Click Here |
| GMP | Click Here |
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 Size | 1 Lot, 34 Shares |
| Minimum Amount | ₹14,824 |
| Maximum Lot Size | 13 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 Date | 03 Apr 2023 |
| IPO Close Date | 06 Apr 2023 |
| Allotment Date | 12 Apr 2023 |
| Refund Date | 13 Apr 2023 |
| Credit To Demat Account | 17 Apr 2023 |
| Listing Date | 18 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.