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Avalon Technologies IPO IPO

Mainline3 Apr 20236 Apr 2023
Open
3 Apr 2023
Close
6 Apr 2023
3
Allotment
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

18-04-20237Est. ₹443+1.61%
17-04-20238Est. ₹444+1.95%
16-04-20239Est. ₹445+2.06%

Live Subscription

CategorySubscription (times)
Total1.73x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets587.96512.48449.65
Total Income851.65695.90653.15
Profit After Tax68.1623.0812.33
Total Borrowing294.05295.33248.48
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Prepayment 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
2Funding the working capital requirements of the Company; and90.00
3General corporate purposes64.40

About Avalon Technologies IPO

Updated on Aug 5, 2026

Contact Details

Avalon Technologies Ltd. AddressB 7, First Main RoadMEPZ, TambaramChennai, Tamil Nadu, 600045+9144 42220 400investorsrelations@avalontec.comVisit Website