Exchanges
BSE, NSE
Issue
Book building

Avalon Technologies IPO

₹398.00

−8.72% on listing

Listing-day close · NSE · 18 Apr 2023 · issue price ₹436

Avalon Technologies’ ₹865 crore IPO was priced at ₹436 a share. It listed on the NSE on 18 Apr 2023 and closed its first day at ₹398.00, down 8.72% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹865 Cr
Fresh issue
₹320 Cr
Offer for sale
₹545 Cr
Lot size
34 shares
Minimum investment
₹14,824
Face value
₹2
Registrar
MUFG Intime India

Subscription

Avalon Technologies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.73×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,847 Cr
ROE
85.90%
ROCE
27.40%
Debt to equity
3.64
EBITDA margin
11.60%
PAT margin
8.00%
Promoter holding
70.75% → 51.24%

From the offer documents.

Listing

Listing date
18 Apr 2023
Issue price
₹436
Open
₹436.00
High
₹436.00
Low
₹387.15
Close
₹398.00

Listing day on the NSE. The close was −8.72% on the issue price.

AVALON share price today

FAQs

When did the Avalon Technologies IPO open and close?

It opened on 3 Apr 2023 and closed on 6 Apr 2023.

What was the Avalon Technologies IPO price?

The price band was ₹415–436 a share. The final issue price was ₹436.

What is the lot size and minimum investment?

One lot is 34 shares, ₹14,824 at ₹436 a share. Retail investors apply in whole lots.

How much did Avalon Technologies raise?

₹865 crore: ₹320 crore of new shares and ₹545 crore offered by existing shareholders.

How many times was the Avalon Technologies IPO subscribed?

1.73 times overall.

How did Avalon Technologies list?

It listed on the NSE on 18 Apr 2023 at ₹436.00 and closed the day at ₹398.00, down 8.72% on the ₹436 issue price.

Who is the registrar of the Avalon Technologies IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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