
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
+2.3%
Est. Listing
₹446
at current GMP
Subscribed
2.21x
overall
Open
3 Apr 2023
Close
6 Apr 2023
Allotment
12 Apr 2023
Refund
13 Apr 2023
Demat Credit
14 Apr 2023
Listing
18 Apr 2023
Overall Subscription
2.21x
Total Demand
QIB Multiplier
3.75x
Institutions & Funds
NII / HNI
0.43x
High Net-Worth
Retail (RII)
0.88x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 5,951,835 | 22,303,864 | 3.75x |
| NIB | 2,975,916 | 1,276,326 | 0.43x |
| HNIs(10L +) | 1,983,945 | 866,286 | 0.44x |
| HNIs (2-10L) | 991,972 | 410,040 | 0.41x |
| RETAIL | 1,983,945 | 1,752,666 | 0.88x |
| Total | 13,887,613 | 26,609,182 | 2.21x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 204,230 | 179,722 | 0.88x |
| HNIs (10L +) | 1,306 | 562 | 0.43x |
| HNIs (2-10L) | 6,252 | 2,688 | 0.43x |
| Total Applications | 211,788 | 182,972 | 0.86x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Avalon Technologies Limited IPO is ₹10 per equity share. Based on the upper price band of ₹415 to ₹436 per equity share, the estimated listing price is ₹446 (+2.3% expected listing gain).
With a lot size of 34 shares and current GMP of ₹10, the expected profit per application lot is approx ₹340 (+2.3% gain). Minimum application cost is approx ₹14,824.
The Avalon Technologies Limited IPO aggregate issue size is ₹865 Crores with an equity price band set at ₹415 to ₹436 per equity share. The retail lot size is 34 shares requiring a minimum capital outlay of approx. ₹14,824.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.21x (Retail: 0.88x, QIB: 3.75x, NII: 0.43x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-04-12. Investors can verify status using PAN card or application number.
Avalon Technologies Limited shares are scheduled to list on NSE and BSE on 2023-04-18.