Avalon Technologies IPO will open on 03 April 2023 and close on 06 April 2023. The LOT size of this IPO is 34 shares.
Avalon Technologies IPO GMP Price
The GMP Price of Avalon Technologies IPO is Rs. -11 as per Market search.
The Company proposes to utilize the Net Proceeds towards funding the following objects:
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and one of the Material Subsidiaries, i.e. Avalon Technology and Services Private Limited (ATSPL);
- Funding the working capital requirements of the Company;
- General corporate purposes.
Avalon Technologies IPO will open on 03 April 2023 and will close on 06 April 2023. The price band is Rs. 415-436 per equity share and a lot of shares are 34. They are going to be listed on NSE BSE.
Avalon Technologies IPO Subscription Status (Live Data)
|Category||Day 1||Day 2||Day 3|
Avalon Technologies IPO Details
|Description||Avalon Technologies IPO Details|
|Issue Size||19,839,450 shares|
(aggregating up to ₹865.00 Cr)
|Issue Open Date||03 April 2023|
|Issue Close Date||06 April 2023|
|IPO Price Band||₹415 – ₹436|
|Face Value||₹2 per share|
|Market Lot||34 Shares|
|Minimum Order Quantity||34 Shares|
Avalon Technologies Financial Information (Restated)
|Period Ended||Total Assets||Total Revenue||Profit After Tax||Total Borrowing|
Avalon Technologies IPO Important Dates
|Offer start||03 April 2023|
|Offer end||06 April 2023|
|Allotment finalization||12 April 2023|
|Refund initiation||13 April 2023|
|Demat transfer||17 April 2023|
|Listing||18 April 2023|
Avalon Technologies IPO Lot Size
The promoter of the Company is Mr. Kunhamed Bicha and Bhaskar Srinivasan.
Avalon Technologies IPO Registrar
Phone: +91-22-4918 6270
Avalon Technologies Company Address
Avalon Technologies Limited
B – 7, First Main Road,
Chennai – 600 045
Phone: +9144 42220 400
How to Apply Avalon Technologies IPO?
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What is Avalon Technologies IPO?
Avalon Technologies IPO will open on 03 April 2023 and close on 06 April 2023.
When will Avalon Technologies IPO open?
Avalon Technologies IPO will open on 03 April 2023.
When will Avalon Technologies IPO close?
Avalon Technologies IPO will close on 06 April 2023.
What is the LOT size of Avalon Technologies IPO?
The LOT size of Avalon Technologies IPO is 34 shares.