Avalon IPO full review
A new IPO has come into the market – Avalon Technologies Company is a leading EMS – Electronic Manufacturing Services company. The company was established in 1999. Yeh company is able to supply full stack products and solution suites to global OEMs (Original Equipment Manufacturers) and Box Build manufacturers – from printed circuit board (PCB) design to assembly to…
Let’s see the details of the company:
Avalon Technologies Financials
Avalon Technologies IPO Key Performance Indicators
Market Cap (₹ Cr.) 2846.76
ROE (%) 85.9
ROCE (%) 27.4
What is the strength of Avalon Technologies?
● Company has established relationships with its customers.
● Iss segment mai yeh niche player hai
● Diversified Manufacturing Footprint
● End-to-end integrated solutions – “One Stop Shop” for electronics and electro-mechanical design and manufacturing services
Avalon Technologies concerns
Higher debt ratio – 3.64 (Industry standard is 0.65)
What is the objective of an IPO?
1. Prepayment or repayment of outstanding borrowings
3. General corporate purposes.
COMPARISON WITH LISTED PEERS:
The company has made DRHP its listed peers like Dixon Techno, Amber Enterprises, Syrma SGS, and Kaynes Techno. Jo currently trading at P/E of 92.45, 368.30, 137.90, and 79.30. The PE of Avalon is 55.54.
Let’s see the Avalon Technologies IPO details
IPO Date Apr 3, 2023 to Apr 6, 2023
Price ₹415 to ₹436 per share
Lot Size 34 Shares
Total Issue Size 19,839,450 shares
(aggregating up to ₹865.00 Cr)
Fresh Issue 7,339,450 shares
(aggregating up to ₹320.00 Cr)
Offer for Sale 12,500,000 shares of ₹2
(aggregating up to ₹545.00 Cr)
The premium of this share today in the gray market is Rs 12.
What are the Brokers – Apply? Do Not Apply?
Canara Bank, Choice Equity Broking Pvt Ltd, Investments Ltd, Reliance Securities, Swastika Investment is APPLY ka recommendation de rahi hai….Waahin, Independent reviewer Dilip Davda, Jainam Broking Ltd, Mehta Equities is May Apply ka rating de rahi hai….
Do you want to subscribe Avalon IPO this way?
Overall company has got very positive reviews…Company’s financials are also good and overall global business is also good, investors can get long time benefits…Aage jaake company can also get the advantage of ‘Make in India’… But company ka jo hight debt waala scene hai, usko bhi consider karna zaroori hai…
Agar sab kuch analysis kia jaaye toh iss IPO mai subscribe kia jaa sakta hai
Avalon Technologies: Revolutionizing the IT Industry
In today’s fast-paced world, technology is constantly evolving and transforming the way we live, work, and interact with each other. As a result, the demand for innovative solutions that can enhance our daily lives has never been greater. This is where Avalon Technologies comes in.
Avalon Technologies is a leading provider of IT solutions that are designed to meet the unique needs of businesses and organizations of all sizes. The company has been in operation for over a decade and has established itself as a trusted partner for clients who are looking to harness the power of technology to drive growth, efficiency, and productivity.
One of the key factors that set Avalon Technologies apart from its competitors is its commitment to innovation. The company is constantly researching and developing new solutions that can help its clients stay ahead of the curve and take advantage of the latest trends and technologies. Whether it’s cloud computing, data analytics, cybersecurity, or any other area of IT, Avalon Technologies has the expertise and experience to deliver best-in-class solutions that are tailored to each client’s specific needs.
Another major advantage of working with Avalon Technologies is the company’s emphasis on customer service. From the initial consultation to the ongoing support and maintenance of its solutions, Avalon Technologies is dedicated to ensuring that its clients receive the highest level of service and support at all times. This commitment to excellence has earned the company a reputation as a trusted partner for businesses and organizations across a wide range of industries.
In addition to its core services, Avalon Technologies also offers a range of value-added services that can help businesses optimize their IT infrastructure and operations. These services include IT consulting, project management, and training and development, among others. By leveraging these services, clients can not only improve their IT capabilities but also enhance their overall business performance and achieve their strategic objectives.
Overall, Avalon Technologies is a company that is at the forefront of the IT industry, with a track record of delivering cutting-edge solutions that drive business success. Whether you are a small startup or a large multinational corporation, Avalon Technologies has the expertise and experience to help you achieve your goals and stay ahead of the competition. So if you’re looking for a partner that can help you harness the power of technology to transform your business, look no further than Avalon Technologies.