Avalon Technologies Limited
03 Apr 2023 – 06 Apr 2023
LISTED
Offer Price
₹415–436
Bid lot
34
Min Application
₹14,824
Issue Size
₹865 Cr
Key dates
Open date
03 Apr 2023
Done
Close date
06 Apr 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
18 Apr 2023
Today
Issue reservation
₹865 CrQIB 50%Retail 35%
QIB
99.2 L sh · ₹432.50 Cr
Retail
69.4 L sh · ₹302.75 Cr
BRLM: JM Financial Limited · DAM Capital Advisors Limited · IIFL Securities Limited · Nomura Financial Advisory and Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 34 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
34 sh · ₹14,824
Max · 13 lots
442 sh · ₹1,92,712
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
476 sh · ₹2,07,536
Max · 67 lots
2,278 sh · ₹9,93,208
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
2,312 sh · ₹10,08,032
Entry point
₹10,08,032 onward
Issue details
Lead managersJM Financial Limited, DAM Capital Advisors Limited, IIFL Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
2.45×
0×1×2×3×+
Oversubscribed
Book₹735.25 Cr
Subscribed₹1,798 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 99,19,725₹432.50 Cr | 3,54,13,418₹1,544 Cr | 3.57× |
| HNI | 29,75,918₹129.75 Cr | 12,20,126₹53.20 Cr | 0.41× |
| Retail | 69,43,808₹302.75 Cr | 58,32,798₹254.31 Cr | 0.84× |
| Total | 1,68,63,533₹735.25 Cr | 4,12,46,216₹1,798 Cr | 2.45× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 1,544.03 |
| HNI | 53.20 |
| Retail | 254.31 |
| Total | 1,798.34 |
Amounts at the upper band (₹436). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Avalon Technologies Limited IPO?
One lot of 34 shares — ₹14,824 at the upper price band of ₹436.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-04-18 on NSE.