Avalon Technologies Limited IPO Date, Price, Review and Details
Get Real-Time Updates on stock market trends and news
Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.
Join WhatsApp ChannelAvalon Technologies Limited IPO
April 03, 2023 - April 06, 2023
Closed
Apply with Angel One
Apply with Zerodha
Pre-Apply with Upstox
Avalon Technologies Limited IPO
This Company was incorporated in 1999, They provide the full stack product and solution suite. Their new product development approach typically starts with component-level design the engagement with customers. They developed a long relationship with certain of their customers through a client-servicing model which provides fully integrated solutions, delivering quality products on time, supply chain efficiency, and focus on the new product and development.
Company Promoters:
• Kunhamed Bicha
• Bhaskar Srinivasan
Objects of this Issue:
• Prepayment 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”)
• Funding the working capital requirements of our Company
• General corporate purposes
Financial Information of the Company:
| Amount in Million (Rs.) | ||
As on 31 Mar 2022 | As on 31 Mar 2021 | As on 31 Mar 2020 | |
Total Assets | 5,879.62 | 5,124.84 | 4,496.49 |
Total Liabilities | 5,007.71 | 4,842.76 | 4,462.03 |
Net Profit | 681.64 | 230.82 | 123.26 |
Avalon Technologies Limited IPO Schedule
1. Bid or Offer Opens on: 03 April 2023
2. Bid or Offer Closes on: 06 April 2023
3. Finalization of BoA: 12 April 2023
4. Initiation of Refunds: 13 April 2023
5. Credit of shares to Demat account: 17 April 2023
6. Listing Date: 18 April 2023
Avalon Technologies Limited IPO Lot Size
Market lot size of the Avalon Technologies Limited IPO is 1 share. Minimum and Maximum order quantity is as follows:
Application | Lots | Shares | Amount | |
Retail | Minimum | 1 | 34 | ₹14,824 |
Maximum | 13 | 442 | ₹192,712 | |
S-HNI | Minimum | 14 | 476 | ₹207,536 |
S-HNI | Maximum | 67 | 2,278 | ₹993,208 |
B-HNI | Minimum | 68 | 2,312 | ₹1,008,032 |
Company Contact Details:
Avalon Technologies Limited
B – 7, First Main Road, MEPZ,
Tambaram, Chennai – 600 045, Tamil
Nadu, India
Phone: +9144 42220 400
Email: investorsrelations@avalontec.com
Website: http://www.avalontec.com/
Avalon Technologies Limited IPO Registrar Details:
Link Intime India Private Ltd
C-101, 247 Park, 1st Floor
L.B.S. Marg, Vikhroli (West)
Mumbai –400 083
Phone: +91-22-4918 6270
Email: avalontec.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Frequently Asked Question
You can apply for an IPO from any place by using internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Avalon Technologies Limited IPO by using any one of these method as per your convenience.
Avalon Technologies Limited IPO will get listed on April 18, 2022.
Avalon Technologies Limited IPO shares will get listed at NSE and BSE.
If you do not get the allotment of Global Surfaces shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Avalon Technologies Limited IPO will be closed on April 06, 2023.
Avalon Technologies Limited IPO is going to open on April 03, 2023.
Price of 1 share of Avalon Technologies Limited IPO is ₹415 - ₹436.
GMP (grey market price) is an important indicator, albeit informal, of likely listing price. One cannot take this price at face value, and the GMP tends to be quite dynamic & changes direction with the flow of news and events. Investors must note here that this is an informal indication and has no official acceptance.
Avalon Technologies Limited IPO Share price is ₹415 to ₹436 per share
Link Intime India Private Ltd is the registrar of Avalon Technologies Limited IPO.
Post-issue shareholdings of Avalon Technologies Limited IPO promoters are 51.24%.
Pre-issue shareholdings of Avalon Technologies Limited IPO promoters are 70.75%
Market lot size of the Avalon Technologies Limited IPO is 34 shares.
You will receive the allotted shares in your Demat account on April 17, 2023.
Face value of equity shares of Avalon Technologies Limited IPO is ₹2.
Comments for Avalon Technologies Limited IPO Date, Price, Review and Details
0 comments