What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Avalon Technologies Limited IPO allotment date?

The basis of allotment for Avalon Technologies Limited IPO is scheduled to be finalized on 12 Apr 2023.

Where can I check Avalon Technologies Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 13 Apr 2023.

IPO GreyPremiumLIVE

Grey Market Intelligence

Avalon Technologies Limited

ListedMainboard

Information Technology · NSE / BSE

Incorporated in 1999, Avalon Technologies Limited is a leading fully integrated Electronic Manufacturing Services (EMS) company in India, specializing in high-value precision engineered products. The company provides end-to-end solutions, including PCB design and assembly, cable assemblies, wire harnesses, sheet metal fabrication, magnetics, injection-molded plastics, and complete electronic system (box-build) manufacturing. Serving global OEMs in countries like China, Netherlands, the U.S., and Japan, Avalon delivers critical integrated assemblies, sub-assemblies, components, and enclosures across multiple industry verticals.

Price Band

₹415 – ₹436

Issue Size

₹865 Cr

Lot Size

34 shares

GMP

₹10

+2.3%

Est. Listing

₹446

at current GMP

Subscribed

2.21x

overall

Open

3 Apr 2023

6 Apr 2023

Allotment

12 Apr 2023

Refund

13 Apr 2023

Demat Credit

14 Apr 2023

Listing

18 Apr 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Avalon Technologies Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

12 Apr 2023

Basis finalization

Refunds Initiate

13 Apr 2023

Mandate release

Demat Credit

14 Apr 2023

Shares in demat

Listing Debut

18 Apr 2023

Trading begins

About Avalon Technologies Limited Public Issue & Market Profile

Avalon Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹865 Crores. The shares are offered at a price band of ₹415 to ₹436 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2023-04-06, the basis of allotment is scheduled to be finalized on 2023-04-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.