Incorporated in 1999, Avalon Technologies Limited is a leading fully integrated Electronic Manufacturing Services (“EMS”) company. They specialize in delivering box-build solutions in India, focusing on high-value precision engineered products. The company has end-to-end capabilities and is one of the leaders in the segment in India in terms of revenue in Fiscal 2022.
Global Delivery Model
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. This model enables Avalon to offer a wide range of electronic manufacturing services to its clients across the globe.
PCB Design and Assembly
Avalon Technologies Limited provides a comprehensive range of PCB design and assembly services to its clients. Their services cover the complete lifecycle of PCBs, from design and layout to fabrication and assembly. Avalon uses state-of-the-art equipment and technology to ensure that their PCBs meet the highest standards of quality and reliability.
Avalon Technologies IPO all Details
| IPO Date | 3 April 2023 to 6 April 2023 |
| Issue Type | Book Built Issue |
| Listing At | BSE & NSE |
| Face Value | 2 Rs. Per Share |
| Price | Rs. 415 to 436 per share |
| Lot Size | 34 Shares |
| Issue Size | 19,839,450 shares (Rs. 865.00 Cr) |
| Fresh Issue | 7,339,450 shares (Rs. 320.00 Cr) |
| Offer for Sale | 12,500,000 shares of 2 Rs. (Rs. 545.00 Cr) |
| Listing Date | 18 April 2023 |
Avalon Technologies IPO Timetable
| Activity | Date* |
|---|---|
| Opening Date | 03 April 2023 |
| Closing Date | 06 April 2023 |
| Allotment | 12 April 2023 |
| Initiation of Refunds | 13 April 2023 |
| Credit of Shares to Demat Account | 17 April 2023 |
| Listing Date | 18 April 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Borrowings |
|---|---|---|---|---|
| 31 March 2020 | 449.65 | 653.15 | 12.33 | 248.48 |
| 31 March 2021 | 512.48 | 695.90 | 23.08 | 295.33 |
| 31 March 2022 | 587.96 | 851.65 | 68.16 | 294.05 |
As Of Now, GMP is around 11 Rupees
Listed at 436 Rupees.