Avalon Technologies Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹415 - ₹436
- Lot size
- 34 shares
- Issue amount
- ₹865 cr
- Total subscription
- 2.21×
- Opens
- 3 Apr 2023
- Closes
- 6 Apr 2023
- Allotment
- 12 Apr 2023
- Listing
- 18 Apr 2023
Offer at a glance
Issue overview
- Issue size
- 1,98,39,450 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹14,110
- Fresh issue
- ₹320 cr
- Offer for sale
- ₹545 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,824
- Issue type
- Bookbuilding IPO
- Shares before issue
- 5,79,53,128
- Shares after issue
- 6,52,92,577
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 34 | ₹14,824 |
| sHNI | 14 | 476 | ₹2,07,536 |
| bHNI | 68 | 2,312 | ₹10,08,032 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 259.5 | 972.45 |
| RETAIL | 86.5 | 76.42 |
| HNIs 2+ | 43.25 | 17.88 |
| HNIs 10+ | 86.5 | 37.77 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 55.54 |
| ROE | 85.9 |
| ROCE | 27.4 |
| RONW | 0 |
| PRE IPO(PE) | 0 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1999, Avalon Technologies Limited is a leading fully integrated Electronic Manufacturing Services (EMS) company in India, specializing in high-value precision engineered products. The company provides end-to-end solutions, including PCB design and assembly, cable assemblies, wire harnesses, sheet metal fabrication, magnetics, injection-molded plastics, and complete electronic system (box-build) manufacturing. Serving global OEMs in countries like China, Netherlands, the U.S., and Japan, Avalon delivers critical integrated assemblies, sub-assemblies, components, and enclosures across multiple industry verticals.
Promoters
Kunhamed Bicha
Bhaskar Srinivasan
Registrar & documents
Lead manager
JM Financial Limited, Dam Capital Advisors Limited, IIFL Capital Services Limited, Nomura Financial Advisory
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
B – 7, First Main Road, MEPZ, Tambaram, Chennai – 600 045
+9144 42220 400
[email protected]Company website ↗Understanding AVALON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.