The one of the leading fully integrated Electronic Manufacturing Services (EMS) company Avalon Technologies IPO will be hit the market 03 April 2023 and closes on 06 April 2023. According to DRHP, the company wants to raise ₹865.00 crore through IPO. The company will issue fresh issue of ₹320.00 crores and OFS ₹545.00 through this IPO.
The company has reserved 75% for QIB, 15% for retail and 10% for NII in this IPO.
Avalon Technologies limited is one of the leading fully integrated Electronic Manufacturing Services (“EMS”) companies. The company 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. You can check to know Avalon Technologies IPO GMP here.
The company specialize in manufacturing and providing design support for critical integrated assemblies, sub-assemblies, components and enclosures for multiple industry verticals with end-to-end capabilities in delivering box build solutionsin India in terms of revenue in Fiscal 2022 (source: F&S Report), with a focus on high value precision engineered products.
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The company 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. you can check Avalon Technologies IPO subscription status here.
Avalon Technology limited are the only Indian EMS company with full-fledged manufacturing facilities in the United States, which gives us a unique competitive advantage in the North American markets. The company has 12 manufacturing units located across the United States and India: one unit in Atlanta, Georgia, one unit in Fremont, California, seven units in Chennai, Tamil Nadu, one unit in Kanchipuram, Tamil Nadu and two units in Bengaluru, Karnataka. you can check Avalon Technologies IPO Allotment status here.
Object Of the Issue :
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company and one of our Material Subsidiaries, i.e. Avalon Technology and Services Private Limited (“ATSPL”);
- Funding the working capital requirements of our Company
- General corporate purposes
Company Strengths :
- End-to-end integrated solutions, providing a “One Stop Shop” for electronics and electro-mechanical design and manufacturing services
- High entry barriers to business through our collective cross-industry experience, customer engagement capabilities and leading position in the high mix flexible volume product manufacturing segment
- Established relationships with marquee customer base
- Global delivery footprint with high quality standards and advanced manufacturing and assembly capabilities
- Strong financial performance, stable cash flows and visible growth profile
- Experienced board, management and operating team
Avalon Technologies IPO Review :
| Details | Valuation |
| PAT 2022 : Issue Price : EPS 2022 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹68.16 Cr (March 2022) ₹436/ EQ (Cut Off) 11.30 (March 2022) 38.58x (PE Approx) 85.86% (March 2022) ₹15.60 (March 2022) ₹703.03 Cr (Nov 2022) ₹2846.76 Cr 70.75% 51.24% |
| Team Review : | ✔ Apply For Long Term |
Avalon Technologies IPO Date & Price Band & Details :
| Issue Type : | Book Build Issue |
| IPO Open : | 03 April 2023 |
| IPO Close : | 06 April 2023 |
| IPO Size : | ₹865.00. Cr {19,839,450 Shares} |
| Face Value : | ₹2 Per Share |
| Price Band : | ₹415-₹436 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹865.00. Cr {19,839,450 Shares} |
| Fresh Issue : | ₹325.00. Cr {74,54,128 Shares} |
| Offer For Sale : | ₹545.00 Cr {12,500,000 Shares} |
Avalon Technologies IPO Market Lot :
Avalon Technologies IPO Minimum Market lot is 1 Lot with 34 shares with ₹14,824 Application amount. The retail investors can apply up to 13 lots with 442 Shares or ₹192,712 amounts.
| Application | Lot | 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 Shares Offer :
A Total of 19,839,450 shares are to be bid for the public issue by Avalon Technologies IPO with 73,39,450 for Fresh issue and 12,500,000 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 73,39,450 | ₹320.00 Cr |
| Offer For Sale : | 12,500,000 | ₹545.00 Cr |
| Total : | 19,839,450 | ₹865.00 Cr |
Avalon Technologies IPO Reservation :
Avalon Technologies IPO total Reservation of 19,839,450 shares are to be bid for the public issue by Avalon Technologies IPO with 14,879,588 for QIB and 29,75,918 for NII 19,83,945 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | 14,879,588 | ₹648.75 Cr |
| NII : | 15% | 29,75,918 | ₹129.75 Cr |
| RII : | 10% | 19,83,945 | ₹86.50 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 19,839,450 | ₹865.00 Cr |
Avalon Technologies IPO EPS & RoNW:
The Avalon Technologies company’s EPS growth & RoNW an Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | RoNW |
|---|---|---|
| 2022 | ₹11.30 | 85.86% |
| 2021 | ₹4.01 | 40.36% |
| 2020 | ₹2.21 | 25.19% |
Avalon Technologies IPO Peer Comparison PE :
The Avalon Technologies, According to DRHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Dixon Technologies Limited | 119.91 |
| 2. | Amber Enterprises Limited | 73.52 |
Avalon Technologies IPO Dates :
Avalon Technologies IPO Date is 03 April 2023 and closes on 06 April 2023. The allotment will be finalized on 12 April 2023 and the IPO may list on 18 April 2023.
| Open Date : | 03 April 2023 |
| Close Date : | 06 April 2023 |
| Allotment Date : | 12 April 2023 |
| Refund Date : | 13 April 2023 |
| Share Credit Date : | 17 April 2023 |
| Listing Date : | 18 April 2023 |
Avalon Technologies IPO Form :
There are two ways to apply in Avalon Technologies IPO. You can apply for Avalon Technologies IPO through ASBA available in your bank account. You have to go to your online bank login and select Avalon Technologies IPO in the Invest section and apply through your bank account. Another option is you can apply for Avalon Technologies IPO through IPO form download through NSE and BSE. See the Avalon Technologies IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Avalon Technologies Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹851.65 | ₹785.20 | ₹68.16 |
| 2021 | ₹695.90 | ₹667.06 | ₹23.08 |
| 2020 | ₹653.15 | ₹637.85 | ₹12.33 |
Company Promoters :
■ Kunhamed Bicha
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Avalon Technologies IPO Lead Managers :
■ JM Financial Limited
■ DAM Capital Advisors Limited
■ IIFL Securities Limited
■ Nomura Financial Advisory and Securities (India) Private Limited
Avalon Technologies IPO Registrar :
Link Intime India Private Limited
C101, 247 Park L.B.S. Marg,
Vikhroli (West) Mumbai 400 083
Maharashtra, India
Tel.: +9122 4918 6200
Investor Grievance Email: [email protected]
Website: www.linkintime.co.in
E-mail: [email protected]
Note: Check Avalon Technologies IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Avalon Technologies Limited
B –7, First Main Road,
MEPZ Tambaram, Chennai –600 045
Tamil Nadu, India
Tel:+9144 42220 400
E-mail: [email protected]
Website:www.avalontec.com
Avalon Technologies IPO FAQs :
What is Avalon Technologies IPO?
Avalon Technologies IPO is Mainboard IPO. They are going to raise ₹865.00 Crores via IPO. The issue is priced at ₹415-₹436 per equity share. The IPO is to be listed on NSE, BSE.
When Avalon Technologies IPO will open?
The IPO is to open on 03 April – 06 April for QIB, NII & RII.
What is Avalon Technologies IPO Size?
Avalon Technologies IPO size is ₹865.00 Crores.
What is the Fresh issue size of Avalon Technologies IPO?
The Fresh issue size of Avalon Technologies IPO ₹320.00 Cr.
What is the Offer For Sale size of Avalon Technologies IPO?
The Offer For Sale size of Avalon Technologies IPO ₹545.00 Cr.
What is Avalon Technologies IPO Price Band?
Avalon Technologies IPO Price Band is ₹415-₹436 Per share.
What is Avalon Technologies IPO Minimum and Maximum Lot Size?
The minimum 34 Shares with ₹14,824 amount while the maximum 442 shares with ₹192,712.
What is Avalon Technologies IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is Avalon Technologies IPO Allotment Date?
Avalon Technologies IPO allotment date is 12 April 2023.
What is Avalon Technologies IPO Listing Date?
Avalon Technologies IPO listing date is 18 April 2023. The IPO to list on NSE, BSE.
How to Apply the Avalon Technologies IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Avalon Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Avalon Technologies IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Avalon Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Avalon Technologies IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Avalon Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Avalon Technologies IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Avalon Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Avalon Technologies IPO GMP: Click Here Avalon Technologies IPO Subscription: Click Here Avalon Technologies IPO Allotment: Click Here Avalon Technologies IPO Listing: Click Here |
All Avalon Technologies IPO-related links are available here. If you want to know the details then click on Click Here Link.
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