Avalon Technologies IPO
Electronics Manufacturing / EMS - Listed on 18 April 2023
Avalon Technologies IPO listing summary
Avalon Technologies (Electronics Manufacturing / EMS) closed its IPO window in 2023 and listed on NSE and BSE on 18 April 2023 at an upper band issue price of Rs 436, opening at Rs 436 for a listing gain of 0.0% and closing day one at Rs 398 (-8.7% on closing basis). The IPO was subscribed 2.21x overall - QIB 3.57x, HNI/NII 0.41x, Retail 0.84x. The total issue size was Rs 865 Cr (Fresh Issue Rs 320 Cr, OFS Rs 545 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Avalon Technologies IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 25 | +5.73% |
| Day 2 | Rs 25 | +5.73% |
| Day 3 | Rs 25 | +5.73% |
| Day 4 | Rs 25 | +5.73% |
| Day 5 | Rs 25 | +5.73% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Avalon Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Avalon Technologies IPO - FAQs
What was the listing gain of Avalon Technologies IPO?
Avalon Technologies IPO listed at 0.0% versus the upper issue price of Rs 436 on 18 April 2023.
How many times was Avalon Technologies IPO subscribed?
Avalon Technologies IPO was subscribed 2.21x overall. QIB portion was subscribed 3.57x, HNI / NII 0.41x and Retail 0.84x.
What was the IPO GMP for Avalon Technologies?
IPO GMP started at Rs 25 on Day 1 and moved to Rs 25 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.