Avalon Technologies Limited

Avalon Technologies Limited IPO Details | GMP

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 Date3 April 2023 to 6 April 2023
Issue TypeBook Built Issue
Listing AtBSE & NSE
Face Value2 Rs. Per Share
PriceRs. 415 to 436 per share
Lot Size34 Shares
 Issue Size19,839,450 shares (Rs. 865.00 Cr)
Fresh Issue7,339,450 shares (Rs. 320.00 Cr)
Offer for Sale12,500,000 shares of 2 Rs. (Rs. 545.00 Cr)
Listing Date18 April 2023

Avalon Technologies IPO Timetable

Opening Date03 April 2023
Closing Date06 April 2023
Allotment12 April 2023
Initiation of Refunds13 April 2023
Credit of Shares to Demat Account17 April 2023
Listing Date18 April 2023
* Date May Change

Company Financial Details:

Period EndedAssetsRevenueProfit After TaxBorrowings
31 March 2020449.65653.1512.33248.48
31 March 2021512.48695.9023.08295.33
31 March 2022587.96851.6568.16294.05
Amount In Crores

As Of Now, GMP is around 11 Rupees

Listed at 436 Rupees.

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