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Anand Rathi, Canara Bank, Choice Equity Broking Pvt Ltd, Investmentz Ltd, Reliance Securities and Swastika Investmart Ltd have given "Apply" recommendation to Avalon Technologies IPO. Dilip Davda, Jainam Broking limited and Mehta Equities have given "May Apply" recommendation to Avalon Technologies IPO. Axis Capital, JM Financial Institutional Securities and Ventura Securities Limited have "Not Rated" the IPO.
| Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
|---|---|---|---|---|---|
| Count | 6 | 3 | 0 | 0 | 3 |
| % | 50.00 | 25.00 | 0.00 | 0.00 | 25.00 |
| Reviewer | Recommendation | Past Reviews |
|---|---|---|
Anand Rathi |
Apply |  |
| Axis Capital |
Not Rated | |
| Canara Bank |
Apply | |
| Choice Equity Broking Pvt Ltd |
Apply | |
| Dilip Davda | May Apply | |
| Investmentz Ltd |
Apply | |
| Jainam Broking limited |
May Apply | |
| JM Financial Institutional Securities |
Not Rated | |
| Mehta Equities |
May Apply | |
| Reliance Securities |
Apply | |
| Swastika Investmart Ltd |
Apply | |
| Ventura Securities Limited |
Not Rated | |
The Captial Market (CapitalMarket.com) rating for Avalon Technologies IPO is 51. Their analysis recommends for the IPO.
| Reviewer | Rating Score | Rating |
|---|---|---|
| Capital Market | 51 |
[Dilip Davda] ATL is engaged in the global supply of critical and specialized components to industries across the board with a major focus on clean energy and new developments in EV and Hydrogen space. A strong order book of Rs. 1190+ cr. as of November 30, 2022, indicates future prospects of the company. Since it enjoys a niche place in the segment it operates, it may catch fancy post listing. Since over 45% of funds will be used to reduce its borrowings, it will bring savings in interest costs that will boost its bottom line going forward. Well-informed investors may park funds for medium to long-term rewards. Read detail review...
Avalon Technologies Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2022)
| Company Name | EPS (Rs) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | |
|---|---|---|---|---|---|
| EPS Basic | EPS Diluted | ||||
| Avalon Technologies Limited | 11.30 | 11.30 | 15.60 | 55.54 | 85.86 |
| Dixon Technologies (India) Limited | 32.31 | 32.00 | 167.73 | 89.61 | 21.93 |
| Amber Enterprises India Limited | 32.41 | 32.41 | 514.70 | 59.50 | 6.54 |
| Syrma SGS Technology Limited | 5.25 | 5.17 | 41.57 | 49.91 | 13.04 |
| Kaynes Technology India Limited | 9.70 | 8.93 | 43.89 | 106.55 | 24.29 |
Notes for listed peers:
1. Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective company.
2. P/E Ratio has been computed based on the closing market price of equity shares on BSE on March 16, 2023 divided by the Diluted EPS provided.
3. Return on net worth ("RoNW") is computed as total profit/ (loss) for the year attributable to equity shareholders of the parent divided by average net worth (excluding non-controlling interest), as at March 31, 2022.
4. Net asset value per share is calculated by dividing net worth (excluding non-controlling interest) by number of equity shares outstanding as at March 31, 2022.
Avalon Technologies IPO Reviews, analysis and views by popular members. Read Avalon Technologies Limited IPO reviews by retail investors to find recommended ipo to buy.
Post Recommendation Manage Your IPO Reviews
| Review By | Apply | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Count | 3 | 0 | 2 | 6 |
| % | 27.27 | 0.00 | 18.18 | 54.55 |
| Member | Review |
|---|---|
Crow  IPO Mentor (900+ Posts, 1100+ Likes) |
Neutral I don't see much fancy in this sector nor in the company. With a large OFS portion and below average financials, I'm not ready to take any risk in this volatile market. Will only apply to get 1 retail lot if QIB crosses 3x and total subs is 2x. Thanks. April 5, 2023 9:41:03 PM |
| Abhijeet Kumar |
Avoid Pathetic ipo. Highly overpriced and with very poor fundamentals. Doesnt deserve even half of the IPO price April 4, 2023 9:41:16 PM |
| 👉 Are CIRCUIT (200+ Posts) |
Apply for Listing Gain at Cut-off Price Subscribe issue with caution for listing gain purpose |
| IPOse Dukhi Atma (200+ Posts) |
Avoid Issue price is very expensive. No room for investors. This will most probably list in discount. April 4, 2023 1:17:24 PM |
| CAhsBlr |
Avoid OFS - Avoid April 3, 2023 3:43:24 PM |
| Dhananjay Murlidharrao Ujawane |
Apply for Short Term at Cut-off Price We can avoid this IPO because of heavy debt but because this fund will be used to pay its debt so we can expect profitability from the company in upcoming years! ROE & ROCE both are good But PE is a little high EPS is around 7 to 8 Rs.. Apply for short term! April 3, 2023 12:05:55 PM |
| Lalit Agarwal |
Avoid Stay away and watch till demat transfer April 1, 2023 8:12:38 PM |
| Stoxtox.India |
Apply for Long Term at Cut-off Price Having presence in USA, banking on their increasing EPS and future revenue opportunities. |
| Vimal Kothari |
Avoid For OFS and repayment of loan the payment of premium is quite unjustify March 26, 2023 5:46:37 PM |
| Hina M |
Neutral Wait for the price point March 25, 2023 9:50:19 PM |
| Baron |
Avoid promoter holding was already low nad will become more lower |
Post Recommendation Manage Recommendations
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