Avalon Technologies Ltd IPO
CMP
948.60
-28.95 (-2.96%)
- DRHP
₹436
Offer Price
₹ 865.00 Cr
Issue Size
₹ 14,824
Min Investment
2.21x
Times Subscribed
34
Lot size
Time Line
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03Apr 2023Open
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06Apr 2023Close
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12Apr 2023Finalisation of Basis of Allotment
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13Apr 2023Initiation of Refunds
-
17Apr 2023Transfer of Shares to Demat Account
-
18Apr 2023Listing Date
Shares Offered
Number of Times Subscribed
Day 3
06 Apr 2023
2.21x
QIB
3.57
NIB
0.41
Retail
0.84
Employee
0.00
Day 2
05 Apr 2023
0.09x
QIB
0.00
NIB
0.05
Retail
0.45
Employee
0.00
Day 1
03 Apr 2023
0.03x
QIB
0.00
NIB
0.01
Retail
0.16
Employee
0.00
Objects of the Offer
-
Sustaining and catering to high growth sunrise industry sectors such as clean energy and emerging communication technologies
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Consolidate and expand its position in global markets for existing industry verticals
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Creating high growth opportunities for its existing offerings
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Focus on expanding its local manufacturing presence in its largest markets, namely the United States and India by leveraging country specific government policy initiatives
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Continue to build on hybrid model of delivery leveraging access to high value market and low cost production base
Products & Services
-
The Company is one of the leading fully integrated electronic manufacturing services companies with end-to-end operations in delivering box build solutions in India.
Strengths
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End - to - end integrated solutions, providing a "One Stop Shop" for electronics and electro - mechanical design and manufacturing services.
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High entry barriers to business through its collective cross-industry experience, customer engagement capabilities and leading position in the high mix flexible volume product manufacturing segment.
-
Well-diversified business leading to strong growth avenues.
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Established relationships with marquee customer base.
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Global delivery footprint with high quality standards and advanced manufacturing and assembly capabilities
Company Promoters
Promoters Holding
Issue For IPO
53.38%
Pre Holding
53.38%
Post Holding
-
Top Promoters Holding
Financials
All values in Cr
| Mar-2021 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 690.47 (7.60%) | 840.72 (21.80%) | 944.72 (12.40%) | |
| Gross Profit | 44.58 (44.70%) | 103.62 (132.40%) | 92.35 (-10.90%) | |
| Net Income | 21.49 (86.20%) | 63.16 (193.90%) | 52.50 (-16.90%) | |
| Assets | 352.83 (23.00%) | 415.41 (17.70%) | 891.39 (114.60%) | |
| Liabilities | 254.06 (24.10%) | 289.43 (13.90%) | 316.10 (9.20%) |
Peers
| Company Name | Revenue (Cr) | Net Profit (Cr) | Assets (Cr) | Liabilities (Cr) | ROE | EPS | BVPS | Current Ratio | Debt to Assets |
|---|---|---|---|---|---|---|---|---|---|
| Avalon Technologies Ltd | 840.72 | 63.16 | 415.41 | 289.43 | 85.86 | 3,955.10 | 5,459.67 | 2.66 | 0.67 |
| Dixon Technologies (India) Ltd | 10,697.08 | 190.17 | 4,277.17 | 4,277.17 | 19.07 | 32.00 | 168.04 | 4.44 | 0.46 |
| Amber Enterprises India Ltd | 4,206.40 | 109.19 | 4,912.46 | 4,912.46 | 6.29 | 32.41 | 526.17 | 2.22 | 0.59 |
| Syrma SGS Technology Ltd | 1,019.72 | 55.54 | 1,154.21 | 1,154.21 | 9.70 | 4.94 | 42.36 | 4.81 | 0.34 |
| Kaynes Technology India Ltd | 706.25 | 41.45 | 622.42 | 622.42 | 20.49 | 8.93 | 44.05 | 6.65 | 0.84 |
Book Running Managers
- JM Financial Ltd
- DAM Capital Advisors Ltd
- IIFL Securities Ltd
- Nomura Financial Advisory & Securities (I) Pvt Ltd
Registrar & Transfer Agent
Link Intime India Pvt Ltd
C-101 247 Park,L B S Marg,
Vikhroli West - Mumbai-400083 Phone : 91-22-49186000 Fax: 91-22-49186060
Company Contact Information
B-7 First Main Road MEPZ,Tambaram,
Chennai - 600045 Phone : 91-44-42220400 Email : investorsrelations@avalontec.com www.avalontec.com
Offer Related Information
Initial public offering of 19,839,446*** equity shares of face value of Rs. 2 each ("Equity Shares") of Avalon Technologies Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 436 per equity share (including a share premium of Rs. 434 per equity share) (the "Offer Price") aggregating to Rs. 865.00 crores*** (the "Offer") comprising a fresh issue of 7,339,449*** equity shares by the company aggregating to Rs. 320.00*** crores (the "Fresh Issue") and an offer... More
News
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No Data Found.
Avalon Technologies Ltd IPO FAQ's
The shares of Avalon Tech were first listed on the stock exchanges on June 26, 2024.
The total issue size of the Avalon Tech IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they
The minimum lot size for Avalon Tech public issue was 125 shares.
The price band of the IPO of Avalon Tech was Rs. 114 to Rs. 120 per equity share.
Avalon Tech IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.
Bigshare Services Private Limited is the registrar and share transfer agent of Avalon Tech IPO.
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