Avalon Technologies IPO

Avalon Technologies Ltd

₹14,110 /34 sharesMinimum Investment

Avalon Technologies IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹436.00₹436.00₹0.00 (0.00%)

Avalon Technologies IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
3 Apr ‘23 - 6 Apr ‘23₹14,11034₹415 - ₹436
Issue SizeIPO Doc
865.00Cr
RHP PDF

Subscription Status As on 06 Apr '23, 5:40 PM

  • Qualified Institutional Buyers
    3.57x
  • Non-Institutional Investor
    0.41x
  • Retail Individual Investor
    0.84x
  • Total
    2.21x

About Avalon Technologies

Avalon Technologies is among the fully-integrated electronic manufacturing services (EMS) companies in India that can offer end-to-end capabilities for delivering box build solutions. It has a unique delivery model, providing a full stack product and solutions suite to global OEMs. The company’s capabilities includes PCB design and assembly, magnetics, sheet metal fabrication and machining, cable assembly and wire harnessing, box-build of electronic systems, and injection moulded plastics. The company caters to many industries, including established long product lifecycle industries, as well as the high growth ‘sunrise’ industries, such as solar and EV sectors.;
Parent Organisation
Avalon Technologies Ltd
Founded
1999
Managing Director
Kunhamed Bicha
First IPO of FY24: Avalon Technologies IPO Review | Avalon Tech IPO analysis

Strengths & Risks

  • Here are some strengths of Avalon Technologies Limited:
  • Is a one-stop-shop for electronics and electro-mechanical manufacturing and design services, offering end-to-end solutions.
  • The company’s cross-industry experience serves as a high entry barrier for new entrants. The company also has high customer engagement capabilities, and a leading position in the high mix volume product manufacturing segment.
  • The business is well-diversified, leading to strong growth avenues.
  • The company has established relationships with marquee customer base.
  • It has a global delivery footprint with high quality standards, along with advanced assembly and manufacturing capabilities.
  • The company has displayed a strong financial performance, along with stable cash flows and a clear growth profile.
  • Here are some risk factors associated with Avalon Technologies Limited:
  • The manufacturing capabilities of the company are critical to its business. If these are disrupted, it will have an adverse effect on the operations and financial condition of the company.
  • The company gets its raw materials from suppliers on a purchase order basis. These suppliers may not perform their contractual obligations. Moreover, if there is an increase in price, delay in receipt, or shortage in raw material for manufacturing can adversely affect business and cash flows.
  • The market in which the company and its customers operate is subject to rapidly changing technology, ever-evolving industry standards, and constant demand for product innovation. This can lead to strong competition and short product cycles.
  • The operations happen on a global scale, exposing the company to a larger number of risks that can materially affect the business operations.
  • If the company is unable to identify the emerging trends or predict customer preferences, it may not be able to develop a new production process or develop new design manufacturing capabilities.
  • The business requires certain licences, acceditions, and permits from the Government. Failure to obtain these can adversely impact operations.
  • There are strict quality requirements and delivery schedules at prices that have been predetermined. This may result in the company incurring significant expenses. Moreover, a failure to comply with requirements may adversely affect the reputation and financial conditions of the company.
  • Operations of the company depend on timely and cost-efficient transportation and logistics. Prolonged disruption may adversely affect the business operations.
  • The maintenance and operations in the manufacturing facilities may be subject to significant hazards for which our insurance coverage might not be adequate.
  • A portion of the company’s revenue depends on certain customers. Loss of relationships with such customers or a reduction in their demand can adversely affect the company’s profitability and results of operations.
  • There are some outstanding litigation against the company, its promoters, directors, and its subsidiaries. If the outcome of these proceedings is adverse, it may affect the company’s reputation and impact future business operations and cash flows.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular415 - 436₹2 Lakh
High Networth Individual415 - 436₹2 - 5 Lakh
For Avalon Technologies IPO, eligible investors can apply as Regular.
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