Avalon Technologies's IPO was open for subscription between April 3-6 as the company raised Rs 865 crore via primary route in the fixed price band of Rs 415-436.
Avalon IPO shares now traded flat to negative in the grey market, analysts on anonymity said. The sharp profit booking in the equity markets after nine-day run might also impact the listing performance.
Avalon Technologies' IPO will kick off at Dalal Street for subscription on Monday, April 3, 2023. The electronics maker will be selling its shares in the range of Rs 415-436 apiece.