Avalon Technologies will open for public subscription from April 3 to April 6, 2023.

Price Range -₹415 to ₹436 per share Min Lot size Retail - 34 Share Retail (Min Investment) - ₹14,824 Retail (Max Investment) - ₹192,712

The company is coming up with Rs 865 Crore of an initial public offering that consists of a fresh issue of Rs 320 crore and an offer for sale of Rs 545 crore.

The face value of the Avalon Stock is Rs 2 per equity share.

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Avalon Technologies is a vertically integrated electronic manufacturing service based in Chennai, India, that provides solutions in manufacturing from design, and analysis to mass production.

Headquartered

About Avalon Technologies

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The products are supplied across the industries such as Power, Rail, Aerospace, Clean Energy, Smart Products, Healthcare, Telecom, Industrial, Electric Mobility, and Digital Infrastructure.

The company provides a full stack product and solution suite, starting from printed circuit board (“PCB”) design and assembly to the manufacture of complete electronic systems (“Box Build”).

Avalon supplies to certain global original equipment manufacturers (“OEMs”), including OEMs located in the United States, China, Netherlands, and Japan.

Kunhamed Bicha is the Chairman and Managing Director of the Company.

Financial Strength

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Revenue and Other Details

Avalon Technologies IPO Details

Avalon Technologies IPO Do you Invest?

5 Insights before invest

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Do you invest?

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Avalon Technologies will open for public subscription from April 3 to April 6, 2023.

The company is coming up with Rs 865 Crore of an initial public offering that consists of a fresh issue of Rs 320 crore and an offer for sale of Rs 545 crore.

The face value of the Avalon Stock is Rs 2 per equity share.

Avalon Technologies will utilize the net proceeds to prepay or repay all or a portion of certain outstanding borrowings.

The retail quota is not more than 10% of the total offer.

A part of the proceeds used to meet working capital requirements.

Avalon Technologies is a vertically integrated electronic manufacturing service based in Chennai, India, that provides solutions in manufacturing from design, and analysis to mass production.

Headquartered

About Avalon Technologies

Avalon Technologies is a vertically integrated electronic manufacturing service based in Chennai, India, that provides solutions in manufacturing from design, and analysis to mass production.

The company operates 12 manufacturing facilities in USA and India, with over 1900 employees with a global Manufacturing footprint.

The products are supplied across the industries such as Power, Rail, Aerospace, Clean Energy, Smart Products, Healthcare, Telecom, Industrial, Electric Mobility, and Digital Infrastructure.

The company provides a full stack product and solution suite, starting from printed circuit board (“PCB”) design and assembly to the manufacture of complete electronic systems (“Box Build”).

Avalon supplies to certain global original equipment manufacturers (“OEMs”), including OEMs located in the United States, China, Netherlands, and Japan.

Kunhamed Bicha is the Chairman and Managing Director of the Company.

He holds an MS in Industrial Engineering from Wichita State University and BE in Mechanical Engineering from PSG College of Technology, India.

Financial Strength

The total income has increased at a CAGR of 14.19% between Fiscal 2020 and Fiscal 2022, from ₹6,531.48 million in Fiscal 2020 ₹8,516.50 million in Fiscal 2022.

The profit after tax has increased at a CAGR of 135.17% between Fiscal 2020 and Fiscal 2022 from ₹123.26 million in Fiscal 2020 to ₹681.64 million in Fiscal 2022.

The return on Equity is 85.9% in FY 2022 while the Return on capital employed is 27.4%.

Revenue and Other Details

EPS has increased from 2.21 in FY 2020 to 11.30 in FY2022. Return on net worth has increased from 25.19% in FY2020 to 85.86% in FY2022.

Avalon Technologies IPO Details

Avalon Technologies IPO Do you Invest?

Strong Finance, clean management, and integrated manufacturing

5 Insights before invest

Strong relationships with existing customers.

unique global delivery model, comprising design and manufacturing capabilities across both India and the United States.

benefit from Aatmanirbhar Bharat and the PLI Scheme in India.

EMS Market will grow at a CAGR of 32% from 2021 to 2026 in India

EMS market will grow at a CAGR of 6% in USA from 2021 to 2026

Do you invest?

The company looks better than its listed peers such as Dixon Technologies and Amber technologies.

I would love to invest in the Avalon IPO for the long term.

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