Page 8 - Avalon Technologies News Today

Avalon Technologies IPO | Overall, EMS industry is expected to grow at a CAGR of 32 percent to reach Rs 4.5 lakh crore by FY26, from Rs 1.47 lakh crore in FY22.

A daily round-up of the most interesting articles to help jump-start the day.

The price band has been fixed at Rs 415-436 per share of face value of Rs 2 each.

The brokerage firms are majorly positive on Avalon's issue and suggest subscribing to it citing its reasonable valuations, health growth prospects, solid track record and sound balance sheet.

The first initial public offering (IPO) of Avalon Technologies, for the financial year 2023-24, is set to open for subscription next week.

Avalon Technologies IPO Day 1: Electronic manufacturing services firm Avalon Technologies Ltd's initial public offering is set to open for subscription today

Fully integrated Electronic Manufacturing Services (EMS) company, Avalon Technologies, is set to launch its initial public offering (IPO) today, 3 April 2023. The IPO will be open for subscription till 6 April 2023. The company has raised around Rs 389.25 crore from 24 anchor investors ahead of the IPO. -- aaa

Avalon Technologies raises ₹389 crore from anchor investors ahead of its IPO

An SME IPO issue size of 2,400,000 equity shares with a maximum value of ₹12.00 Cr is being offered by Pattech Fitwell Tube Components Ltd.

Among the risks, any increase in the cost of raw materials or components, or any delay, shortage, or interruption in the supply of raw materials and major production inputs may adversely affect the business.