Avalon Technologies IPO GMP History
Avalon Technologies IPO has been listed on April 18, 2023 at a listing price of ₹436, against the issue price of ₹436 — a gain of ₹0 (+0%). The GMP peaked at ₹30 on 29 March 2023 and reached a low of ₹10 on 17 April 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Avalon Technologies IPO raised ₹865 Cr. through its IPO at a price band of ₹415 to ₹436 per share, with a lot size of 34 shares. The IPO was open for subscription from 03 Apr 2023 to 06 Apr 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:47 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 17 Apr 2023 | ₹ 10 | ▼ | 2% | — | — |
| 15 Apr 2023 | ₹ 12 | — | 3% | — | — |
| 13 Apr 2023 | ₹ 12 | ▼ | 3% | — | — |
| 12 Apr 2023 | ₹ 17 | ▼ | 4% | — | — |
| 11 Apr 2023 | ₹ 20 | ▼ | 5% | — | — |
| 10 Apr 2023 | ₹ 25 | — | 6% | — | — |
| 08 Apr 2023 | ₹ 25 | — | 6% | — | — |
| 06 Apr 2023 | ₹ 25 | — | 6% | — | — |
| 05 Apr 2023 | ₹ 25 | — | 6% | — | — |
| 03 Apr 2023 | ₹ 25 | — | 6% | — | — |
| 31 Mar 2023 | ₹ 25 | — | 6% | — | — |
| 30 Mar 2023 | ₹ 25 | ▼ | 6% | — | — |
| 29 Mar 2023 | ₹ 30 | — | 7% | — | — |
| 27 Mar 2023 | ₹ 30 | — | 7% | — | — |
Avalon Technologies IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 03 Apr 2023
- Close 06 Apr 2023
- Allotment 12 Apr 2023
- Refund/credit 13 Apr 2023
- Listing 18 Apr 2023
Avalon Technologies IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹436 |
|---|---|
| GMP-based estimate (pre-listing) | ₹446 (+2.3%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 18 Apr, 2023 |
| Actual listing price | ₹436 (+0%) |
Is Avalon Technologies IPO GMP reliable?
Grey market premium for Avalon Technologies IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Avalon Technologies IPO full review for a fundamentals-based assessment before making any grey market trades.
Avalon Technologies IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Avalon Technologies IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Avalon Technologies IPO
Avalon Technologies Limited was incorporated as Avalon Technologies Private Limited at Chennai on 3 November 1999. As per the F&S report, it is one of the leading fully integrated EMS companies with end-to-end box build operations in India by revenue in Fiscal 2022.
Through a global delivery model, it offers a full product suite to global OEMs, from printed circuit board design and assembly to complete box build of electronic systems. It also makes cable assemblies and wire harnesses, sheet metal and machined parts, magnetics and injection moulded plastics.
Its customers include OEMs in countries such as China, the Netherlands, the United States and Japan, across several industry verticals.
The IPO was Rs 865 crore, with Rs 320.00 crore of fresh issue and Rs 545.00 crore of offer for sale by promoters, promoter group members and other shareholders. Rs 145.00 crore was planned for repaying borrowings and Rs 90.00 crore for working capital.
Frequently asked
What is the GMP of Avalon Technologies IPO?
The current Grey Market Premium (GMP) of Avalon Technologies IPO is ₹ 10.
What is the Kostak Price of Avalon Technologies IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Avalon Technologies IPO is not available.
What is the Subject to Sauda Price of Avalon Technologies IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Avalon Technologies IPO?
Avalon Technologies IPO listed on April 18, 2023 at ₹436, against the issue price of ₹436 — a gain of +0%.
How did the GMP of Avalon Technologies IPO trend before listing?
The GMP of Avalon Technologies IPO was falling in its final days before listing. The GMP peaked at ₹30 on 29 March 2023. View the day-wise table above for the complete GMP history.
Explore Avalon Technologies IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
