Avalon Tech
528.00
-3.20 (-0.60%)
- 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
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17Apr 2023Transfer of Shares to Demat Account
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18Apr 2023Listing Date
Shares Offered
Number of Times Subscribed
Objects of the Offer
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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
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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.
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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
53.38%
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Top Promoters Holding
Financials
All values in Cr
| Mar-2021 | Mar-2022 | Mar-2022 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 690.47 (7.60%) | 840.72 (21.80%) | 85.86 (-) | |
| Gross Profit | 690.47 (7.60%) | 840.72 (21.80%) | 85.86 (-) | |
| Net Income | 690.47 (7.60%) | 840.72 (21.80%) | 85.86 (-) | |
| Assets | 690.47 (7.60%) | 840.72 (21.80%) | 85.86 (-) | |
| Liabilities | 690.47 (7.60%) | 840.72 (21.80%) | 85.86 (-) |
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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