Avalon Technologies is one of the leading fully integrated EMS companies with end-to-end operations in delivering box-build solutions in India in terms of revenue, with a focus on high-value precision engineered products. Ahead of the IPO, the company raises ₹389 crore from anchor investors.
The Rs 865 crore initial share sale of electronic manufacturing services firm Avalon Technologies will open for public subscription on April 3.
The three-day initial public offering (IPO) will close on April 6, and the bidding for anchor investors will open on March 31, according to the red herring prospectus (RHP).
The company has cut the size of its IPO to Rs 865 crore from Rs 1,025 cr
Avalon Technologies Rs 865 crore IPO to kick off April 3 orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.