Avalon Technologies Limited IPO Message Board (Page 13)

Details of Pre- IPO Placement of ₹ 80 Cr
The company has undertaken a Pre-IPO Placement of 798,339 Equity Shares at a price of ₹ 375.78/ - per share, aggregating to ₹ 30 crore and 1,173,543 Equity Shares at a price of ₹ 426.06/ - per share, aggregating to ₹ 50 crore as under:
Name of the Entity No. of Equity Shares Price per share (₹) Amount (₹ Cr)
Unifi Financial Pvt Ltd 798,339 375.78 30.00
Ashoka India Equity Investment Trust PLC 1,173,543 426.06 50.00
Total 1,971,882 80.00

should one still hold some lots of kaynes technology for 100 percent return? is it possible? it is currently giving approx 70 percent return? experts pls tell what can be the strategy

सभी फोरम-वासीयोंको रामनवमीकी हार्दिक शुभकामनाए।
नववर्षमे शुरु होई पॉजिटीव लिस्टिंग सालभर बनी रहे यही बिनती

In new year global listed in positive, Udashivakumar will also list with excellent premium but worry is with Avalon. In previous both no one considered participation of qib but for success of Avalon qib must be above 30x, otherwise many will withdraw applications.
बाय द वे एक अच्छी बात, पापी परींदा अब सुधर गया है।

@smile dhanyavaad..😌

Gmp is ZERO, as company offer price @436is too high to yeild any profit.
So guys see how macro µ evolves .
V difficult to quote at premium after listing.

Koaun kaun laga rabhe haj
Gmp is 9

Based on FY23 Annualized EPS, PE of Avalon is 55.54.
Based on TTM EPS, its peer, Syrma SGS is having PE of 48.4, while Kaynes Technology 107.8.

experts pls suggest what to do with kaynes??

@Manan You can hold with TSL

Avalon Technologies GMP 10 / 12 @ 12:20pm # 30 March

GMP is not encouraging at all... but review is good.

Respected Sir
@lokesh @acra @norul @mravi @kappo

Saving bank account me Auto Sweep ki FD ka Paisa IPO bharne me use kar sakte he..?
IPO bharne se FD tutegi ya nahi...?

Thanks in advance...🙏

IPO Apply kar sakte hai, Fd nhi tutengi

Auto sweep FD breaks in SBI. But it doesn't break in PNB. Don't know about other banks

Avalon Technologies good company but why no premiums

Not much of a difference when compared with Syrma SGS on parameters of revenue, profit, borrowings, PE etc. If fact, NPM of Syrma is on a little higher side.
Avlon seems to be a good company from business prospects point of view but in my opinion, not much left on table for listing gains. Personally, I am not in favour of holding IPO allotment with a longer term view in current market conditions.

Company is very good but valuations are on a very High side but still good future prospects
We could expect after listing moves like kaynes technologies

@newgen valuations are not that High compare to others company is asking 40 PE while syrma at 50 PE,Kaynes at 100 PE, Amber at 70 PE

Accept Ujwal G comments, Elin is now quoting at below 50% of the IPO price. Very pathetic. Tread cautiously on this company too. Valuations are expensive.

Avalon is more comparable to Syrma ( given poor return since last 1-2 months) & Kynes ( given good returns despite market correction)

865 cr. bharava to aavu padse ne ...!! rah juvo SHNI & BHNI ma S2 or premium ma maal vechi ne bharva nu... 3 4 % chhute to maja j chhene...

Avalon
GMP 10

Any active trades any fixed rates for bhni apps

zero zero and zero.....

Avalon Technologies Ltd GMP ~ 16 [Seller] @ 01:45pm # 29 March.

I expect some more dent in gmp. Recent ems sector listing was Elin electronics, same sector but different business model.elin is almost 50% down. It surely will affect the sentiment here.

avalon premium 11 only

@ popat sir
Shu Lage che apne premium chadvu joie ke pache ahi thi puru

Out of topic. Yesterday booked about 20 K profit in HAL OFS shares , by selling 2 lots of 80 shares each. Could offset some losses in recent mainboard issue Elin.

OFS always gives profit is not possible. Previous ofs of HAL was made @1000/ and after discount of 5% to only retail investors who have been alotted 950/ and above as per their bids. It's price came below 675/. Some days before IRCTC issued shares @680/ in OFS, now trading below 600/. It all depends on luck.

@Jamsait,
While I can share OFS details in the Forum , to participate or not should be the individual's decision. OFS announcement will come at close of market hours and the next day is Non Retail bidding day. Retail Investors will have a day to study the fundamentals, non retail response and other factors and take decision according to their risk profile.
As for opening separate page for OFS discussion, let Chittorgarh Admin decide and announce. I agree with Mr Parwal , that all OFS may not give profit.
OFS is as risky as IPO mainboard and sme .

Anyine have update about avlon in
Fix/premium/sub to
Bhni
Shni
Retail

Avalon premium 13-15

Salla dokk diya
30 to 13

requesting Chittorgarh admin to update KPI

It is interesting to see messages. Nobody is speaking about Avalon, but about other companies. It's a clear picture that people are not interested in costly main board ipos. Companies and lead managers must take note of it

FY 22 EPS is Rs. 11.30. Weighted average EPS is Rs. 7.36. Ipo rate is Rs.436/=. It means that the company is asking for FY 22 PE of approx 38.50 . Subscription would be tough at these market conditions. This company is slightly similar to ELIN, which is already quoting at 50% to IPO rate. Be cautious, read more information before investing.

FY22 profit includes other income of Rs 20 cr.