finance-abhi

Avalon Technologies

The company is a leading provider of electronic manufacturing services (EMS) in India. It offers a wide range of services, from PCB design and assembly to Box Build manufacturing, to global OEMs. The company specializes in manufacturing and designing critical integrated assemblies, sub-assemblies, components, and enclosures for multiple industries. Its customers include companies in established industries such as industrial, mobility, and medical devices, as well as companies in high-growth industries such as solar, electric vehicles, and hydrogen. The company has 12 manufacturing units in the United States and India. Some of its key customers have been working with the company for over seven years.

Avalon Technologies IPO Details

Signature Global IPO Details
Avalon Technologies IPO Dates
3 – 6 April 2023
Avalon Technologies IPO Price
INR 415 – 436 per share
Fresh issue
INR 320 crore
Offer For Sale
INR 545 crore
Total IPO Size
INR 865 crore
Minimum bid (size)
34 shares (INR 14,824)
Face Value
INR 2 per share
Retail Allocation
10%
Listing On
NSE, BSE

Avalon Technologies Financial Performance

Signature Global Financial Performance

FY2020

FY2021

FY2022

Revenue

653.2

695.9

851.7

Expenses

637.9

667.1

785.2

Net income

12.3

23.1

68.2

Margin (%)

1.89

3.3

8.0

Figures in INR Crore unless specified otherwise

finance-abhi

Get the latest IPO and finance  news and stay informed about market trends and investment opportunities with Finance Abhi.

Follow Us