Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
IPO Status: Listed [3rd Apr 2023 to 6th Apr 2023]
Avalon Technologies Limited offers a IPO issue size worth up to Rs 1025.00 Cr. The subscription for this IPO is opening from 03 Apr 2023 to 06 Apr 2023. The face value of the equity share is Rs 2 per share and the issue price band for this IPO is ranging from Rs 415 to Rs 436 per share along with the lot size of 34 shares and its multiples.
Stay updated with us to know more about the Avalon Technologies Limited IPO Review including company overview, financial, live subscription, allotment, GMP, and more.
| IPO Issue Opening Date: | 3rd Apr 2023 |
| IPO Issue Closing Date: | 6th Apr 2023 |
| IPO Issue Price: | ₹415-436 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | Not more than 10% of the Offer |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹865.00 Cr |
| Offer for Sale: | ₹545.00 Cr |
| Fresh Issue: | ₹320.00 Cr |
| Face Value: | ₹2 Per Equity Share |
| IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 70.75% |
| Promoter Holding Post IPO: | 51.24% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543896 |
| NSE Code: | AVALON |
Get important updates regarding Avalon Technologies IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 12th Apr 2023 |
| Refunds Initiation* | 13th Apr 2023 |
| Credit of Shares to Demat* | 17th Apr 2023 |
| IPO Listing Date* | 18th Apr 2023 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹415-436 |
| Market Lot: | 34 Shares |
| 1 Lot Amount: | ₹14824 |
| Min Small HNI Lots(2-10 Lakh): | 476 shares (14 lots) |
| Min Big HNI Lots(10+ Lakh): | 2312 shares (68 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 18-04-2023 | 436 | 7 | -- | ₹443 (1.61%) | 18-Apr-2023 10:24 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
This Company was incorporated as Avalon Technologies Private Limited in Nov 1999 in Chennai. They are one of the leading fully integrated Electronic Manufacturing Services ("EMS") companies with end-to-end capabilities in delivering box build solutions in India in terms of revenue in Fiscal 2022. Through a unique global delivery model, 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.
Avalon Technologies' capabilities include PCB design and assembly, cable assembly and wire harnesses, sheet metal fabrication and machining, magnetics, injection moulded plastics and end-to-end box build of electronic systems. They specialize in manufacturing and providing design support for critical integrated assemblies, sub-assemblies, components and enclosures for multiple industry verticals. The end-user industries they cater to include a mix of established and long product lifecycle industries, such as industrial, mobility and medical devices and high growth industries, such as solar, electric vehicles and hydrogen in the clean energy sector and digital infrastructure in the communications sector.
Its operations are enhanced by its 209-member strong product engineering teams, as of June 30, 2022, who have backgrounds in multiple engineering disciplines, including electrical and electronics, mechanical, aeronautical, plastics engineering and mechatronics, among others. They believe their engineering capabilities will enable us to offer customers innovative EMS solutions, and provide technological solutions to increase operational and cost efficiencies.
| Incorporation | Sector | IPO Issue Size | Website |
| 1999 | Electronics Manufacturing | ₹865.00 Cr | http://www.avalontec.com/ |
The Company proposes to utilize the Net Proceeds towards funding the following objects:
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 5,915,011 (54.55%) | 2,975,917 (27.44%) | 1,983,944 (18.3%) | 10,844,186 | |
| 1 | 3rd Apr 2023 17:26 | 0.00x | 0.01x | 0.17x | 0.03x |
| 2 | 5th Apr 2023 19:04 | 0.00x | 0.05x | 0.48x | 0.10x |
| 3 | 6th Apr 2023 19:04 | 3.77x | 0.43x | 0.88x | 2.34x |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31-Mar-20 | 449.65 | 653.15 | 12.33 | 248.48 |
| 31-Mar-21 | 512.48 | 695.90 | 23.08 | 295.33 |
| 31-Mar-22 | 587.96 | 851.65 | 68.16 | 294.05 |
| Amount in ? Crore | ||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Avalon Technologies Limited | 11.3 | 11.3 | 15.6 | 55.54 | 85.86 | Consolidated |
| Dixon Technologies (India) Limited | 32.31 | 32 | 167.73 | 89.61 | 21.93 | Consolidated |
| Amber Enterprises India Limited | 32.41 | 32.41 | 514.7 | 59.5 | 6.54 | Consolidated |
| Syrma SGS Technology Limited | 5.25 | 5.17 | 41.57 | 49.91 | 13.04 | Consolidated |
| Kaynes Technology India Limited | 9.7 | 8.93 | 43.89 | 106.55 | 24.29 | Consolidated |
Last Updated on 26-Apr-2023 16:04:46
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Avalon Technologies IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Avalon Technologies IPO with Zerodha.
Alternate approch to apply in Avalon Technologies IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Avalon Technologies IPO Review and Important Updates
Other relevant questions :
How to subscribe Avalon Technologies IPO Zerodha? How to purchase Avalon Technologies IPO on Zerodha? Avalon Technologies IPO how to buy Zerodha? Avalon Technologies IPO Zerodha apply. Avalon Technologies IPO purchase Zerodha. Avalon Technologies IPO with Zerodha. Avalon Technologies IPO at Zerodha. Avalon Technologies IPO kite Zerodha. Avalon Technologies IPO using Zerodha. Avalon Technologies IPO via Zerodha.
To subscribe or apply in Avalon Technologies IPO, you can use the following methods:
| Avalon Technologies IPO Applying Mode | Method | Details |
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Avalon Technologies IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Avalon Technologies IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Avalon Technologies IPO. Most of the Syndicate Banks provide access to apply in Avalon Technologies IPO via ASBA process. You must have your net banking access, DP ID information to apply in Avalon Technologies IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Avalon Technologies IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Avalon Technologies IPO Review and Important Updates
Other relevant question on same topics are:
Where to subscribe Avalon Technologies IPO? Where to apply for Avalon Technologies IPO? How to subscribe Avalon Technologies IPO online? Avalon Technologies IPO where to apply? Where to buy Avalon Technologies IPO online? How to buy Avalon Technologies IPO online? How to purchase Avalon Technologies IPO? How to get Avalon Technologies IPO? How to book Avalon Technologies IPO? How to invest Avalon Technologies IPO? Avalon Technologies IPO kaise buy kare?
Applying in Avalon Technologies IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Avalon Technologies IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.
For more details on how to use UPI payment method to apply Avalon Technologies IPO, please refer article >> Link
Avalon Technologies IPO Review and Important Updates
Steps to download the online application form for Avalon Technologies IPO
Or
Other relevant questions:
How to fill Avalon Technologies IPO form? How to fill Avalon Technologies IPO form online? Avalon Technologies IPO online form? Avalon Technologies IPO online form fill up? Avalon Technologies IPO blank form download? Avalon Technologies IPO bid form? Avalon Technologies IPO full form? Avalon Technologies IPO form nse? Avalon Technologies IPO form bse? Avalon Technologies IPO form online? Avalon Technologies IPO form print? Avalon Technologies IPO application amount?
Avalon Technologies IPO is going to be list on 18-04-2023. NSE Code for Avalon Technologies is AVALON. BSE Code for Avalon Technologies is 543896.
Other relevant questions:
When Avalon Technologies IPO will be listing? Avalon Technologies IPO NSE listing date?Avalon Technologies IPO date of listing.Avalon Technologies IPO BSE listing date?
Avalon Technologies IPO Allotment Date is 12-04-2023.
Other relevant questions:
Avalon Technologies IPO share allotment date?Avalon Technologies IPO allotment date?
