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Open
3 Apr 2023
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Close
6 Apr 2023
3
Allotment
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Listing
Tue, Apr 18, 2023
Price Band
₹415 to ₹436
Issue Size
1,98,39,446 shares (agg. up to ₹865 Cr)
Lot Size
34 Shares
Listing Date
Tue, Apr 18, 2023
Latest GMP
₹7
Est. Gain
1.61%
✦ AI Insight
GMP Trend
18-04-2023₹7Est. ₹443+1.61%
17-04-2023₹8Est. ₹444+1.95%
16-04-2023₹9Est. ₹445+2.06%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.73x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 587.96 | 512.48 | 449.65 |
| Total Income | 851.65 | 695.90 | 653.15 |
| Profit After Tax | 68.16 | 23.08 | 12.33 |
| Total Borrowing | 294.05 | 295.33 | 248.48 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 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”); | 145.00 |
| 2 | Funding the working capital requirements of the Company; and | 90.00 |
| 3 | General corporate purposes | 64.40 |
About Avalon Technologies IPO
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. +
Contact Details
Avalon Technologies Ltd. AddressB 7, First Main RoadMEPZ, TambaramChennai, Tamil Nadu, 600045+9144 42220 400investorsrelations@avalontec.comVisit Website