Avalon Technologies Limited
- IPO Date03 Apr, 2023 to 06 Apr, 2023
- Listing Date18 Apr, 2023
- Face Value₹2 per share
- Issue Price₹415 to ₹436 per share
- Lot Size34 Shares
- Minimum Investment₹14,824
- Listing AtBSE, NSE
- Total Issue Size1,98,39,450 Shares
(aggregating up to ₹865.00 Cr) - Fresh Issue73,39,450 Shares
(aggregating up to ₹320.00 Cr)
- Offer for Sale1,25,00,000 Shares
(aggregating up to ₹545.00 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue-
- Shareholding post issue-
IPO Dates
Closing Date
06 Apr, 2023
Initiation of Refunds
17 Apr, 2023
Listing Date
18 Apr, 2023
03 Apr, 2023
Opening Date
12 Apr, 2023
Basis of Allotment
17 Apr, 2023
Credit of Shares
Avalon Technologies Limited Lot Size
The minimum lot size of this Avalon Technologies IPO is 34 shares required is ₹14,824.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Min) | 14 | 476 | ₹2,07,536 |
| S-HNI (Max) | 67 | 2278 | ₹9,93,208 |
| Retail (Min) | 1 | 34 | ₹14,824 |
| B-HNI (Min) | 68 | 2312 | ₹10,08,032 |
| Retail (Max) | 13 | 442 | ₹1,92,712 |
Avalon Technologies Limited Promoter Holding
Kunhamed Bicha and Bhaskar Srinivasan are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 70.75% | 51.24% |
Avalon Technologies Limited COMPANY INFORMATION
Avalon Technologies IPO is a Book Built Issue. The IPO total issue size is Rs 865.00 Cr. The Avalon Technologies IPO price is ₹415 to ₹436 per share. The IPO will list on BSE, NSE.
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.
FAQs About Avalon Technologies Limited
Avalon Technologies Limited will open on 03 Apr, 2023 and close on 06 Apr, 2023. Investors must apply within this period to participate.
The Avalon Technologies Limited price band is set between ₹415.00 and ₹436.00 per share. The minimum lot size is 34, requiring an investment of at least ₹14824.00.
The Avalon Technologies Limited shares are expected to be listed on 18 Apr, 2023, subject to regulatory approvals and final allotment.
You can track your Avalon Technologies Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Avalon Technologies Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.