Avalon Technologies Limited IPO
Issue Size (Net)
up to Rs.865.00 Cr
Price Band
415 to 436 per share
Issue Opens
Issue Closes

Company Highlights

1.Company Information

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.

2. Objective of the Issue
The Company proposes to utilize the Net Proceeds towards funding of the following objects:

1.Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and one of the Material Subsidiaries, i.e. Avalon Technology and Services Private Limited (ATSPL);

2.Funding the working capital requirements of the Company;

3.General corporate purposes.

Link Intime India Private Ltd

Phone:+91-22-4918 6270

Email: avalontec.ipo@linkintime.co.in

Website: https://linkintime.co.in/

Avalon Technologies Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Amount in Rs. Crore

Avalon Technologies Limited IPO Details

Issue Opening Date
3 Apr-23
Issue Closing Date
6 Apr-23
Face Value
Rs.2 per share
Rs. 415/- to Rs. 436/- per equity share.
Lot Size
34 Equity share & in multiple of 34 equity share thereafter
Issue Size
[.] shares (aggregating up to Rs.865.00 Cr) [.] shares
Fresh Issue
[.] shares (aggregating up to Rs.320.00 Cr)
Offer for Sale
[.] shares of Rs. 2 (aggregating up to Rs. 545.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
QIB Shares Offered
Not less than 75% of the Offer
NII (HNI) Shares Offered
Not more than 15% of the Offer
Retail Shares Offered
Not more than 10% of the Offer


Prospectus File

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ARN-0032 Validity 14-Mar-2027

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Customer Care
+91 9350316010

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