Avalon Technologies Ltd
April 3, 2023 – April 6, 2023
| Price | ₹415 - ₹436 |
| Premium | ₹10 |
|---|---|
| Lot size | 34 |
| Allotment | Apr 12, 2023 |
| Listing | Apr 18, 2023 |
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/
Last Updated as on 06-Apr-2023 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 59,51,835 | 2,23,03,864 | 3.57 |
| HNIs | 29,75,916 | 12,76,326 | 0.41 |
| HNIs (10+L) | 19,83,945 | 8,66,286 | 0.42 |
| HNIs (2-10L) | 9,91,972 | 4,10,040 | 0.39 |
| Retail | 19,83,945 | 17,52,666 | 0.84 |
| Total | 1,09,11,696 | 2,53,32,856 | 2.21 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 34 | 14824 | 0 |
| sHNI | 14 | 476 | 207536 | 0 |
| bHNI | 68 | 2312 | 1008032 | 0 |
Avalon Technologies IPO Lot Size
The Avalon Technologies IPO lot size is 34 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,824 |
| Retail (Max) | 13 | 442 | ₹192,712 |
| S-HNI (Min) | 14 | 476 | ₹207,536 |
| S-HNI (Max) | 67 | 2,278 | ₹993,208 |
| B-HNI (Min) | 68 | 2,312 | ₹1,008,032 |
Incorporated in 1999, Avalon Technologies Limited is a leading fully integrated Electronic Manufacturing Services ("EMS") company. They have end-to-end capabilities in delivering box-build solutions in India, focusing on high-value precision engineered products. The company is one of the leaders in the segment in India in terms of revenue in Fiscal 2022.
Through a unique global delivery model, Avalon offers 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 countries like China, Netherlands, United States, and Japan.
The offerings of Avalon Technologies Limited 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.
With its notable specialization in manufacturing and providing design support for critical integrated assemblies, sub-assemblies, components, and enclosures for multiple industry verticals, they help customers receive the best of services.
Avalon Technologies IPO Details
| Total Issue Size | 19,839,450 shares (aggregating up to ₹865.00 Cr) |
| Fresh Issue | 7,339,450 shares (aggregating up to ₹320.00 Cr) |
| Offer for Sale | 12,500,000 shares of ₹2 (aggregating up to ₹545.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Avalon Technologies IPO Reservation
| QIB Shares Offered | Not less than 75% of the Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Total Assets | 449.65 | 512.48 | 587.96 |
| Total Revenue | 653.15 | 695.90 | 851.65 |
| Profit After Tax | 12.33 | 23.08 | 68.16 |
| Total Borrowing | 248.48 | 295.33 | 294.05 |