87  Total SME IPOs listed in 2025

3,963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

Avalon Technologies Limited IPO Analysis

Avalon Technologies IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 865.00 Cr. The company is based in Chennai and caters to Electric Equipments - OEM sector. Dam Capital Advisors (Formerly Idfc Securities ) , IIFL Securities , Jm Financial , Nomura Financial Advisory And Securities (India) are the merchant bankers of Avalon Technologies IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th August 2022.

Avalon Technologies IPO posted revenues of ₹ 895.47 crores and PAT of ₹ 51.28 crores in FY23 on annualised basis.

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 877.05 Cr.
            EBITDA: ₹ 102.00 Cr.
            PAT: ₹ 51.15 Cr.
  • EBITDA Margin: 11.63 %
            Pat Margin: 5.83 %
  • Net Worth: ₹ 147.80 Cr.
  • Market Capitalisation: ₹ 2846.76 Cr.
  • P/E: 55.54 times
  • P/BV: 2.81 times
  • EV/EBITDA: 30.86 times
Nature of IPO : MainBoard
Exchange : BSE,NSE
IPO Type : Book Building

Avalon Technologies IPO Financial Performance (Restated)

Financial results of Avalon Technologies IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.

Amount in ₹ crores
Financials Nov-22 FY 22 FY 21 FY 20
Balance Sheet
Assets 703.00 587.90 512.40 449.60
Net Worth 147.80 101.70 105.10 79.20
Total Debt 311.00 294.05 295.33 248.48
Profit & Loss
Revenue
Revenue on annualised basis
584.70
877.05
840.70 690.40 641.80
EBITDA
EBITDA on annualised basis
68.00
102.00
97.50 66.10 64.40
PAT
PAT on annualised basis
34.10
51.15
68.10 23.00 12.30
Financials
30-Nov-22
FY 22
FY 21
FY 20
Balance Sheet
Assets
703.00
587.90
512.40
449.60

Net Worth
147.80
101.70
105.10
79.20

Total Debt
311.00
294.05
295.33
248.48

Profit & Loss
Revenue
Revenue on annualised basis
584.70
877.05
840.70
690.40
641.80

EBITDA
EBITDA on annualised basis
68.00
102.00
97.50
66.10
64.40

PAT
PAT on annualised basis
34.10
51.15
68.10
23.00
12.30

Notes:
1) Total debt incluides long-term borrowings and short-term borrowings.
2) Revenue means the Revenue from Operations as appearing in the Restated Financial Statements.

Avalon Technologies IPO Key performance Indicators (KPI)

Avalon Technologies IPO PAT Margin is 5.83 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Avalon Technologies IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.

Particulars Nov-22 FY 22 FY 21 FY 20
EBITDA Margin (%) 11.63 11.60 9.57 10.03
PAT Margin (%) 5.83 8.10 3.33 1.92
EPS (₹) 38.58 [●] [●] [●]
ROE (%) 23.07 66.96 21.88 15.53
ROCE (%) [●] [●] [●] [●]
ROA (%) 4.85 11.58 4.49 2.74
Debt to Equity 2.10 2.89 2.81 3.14
Particulars
30-Nov-22
FY 22
FY 21
FY 20

EBITDA Margin (%)
11.63
11.60
9.57
10.03

PAT Margin (%)
5.83
8.10
3.33
1.92

EPS (₹)
38.58
[●]
[●]
[●]

ROE (%)
23.07
66.96
21.88
15.53

ROCE (%)
[●]
[●]
[●]
[●]

ROA (%)
4.85
11.58
4.49
2.74

Debt to Equity (x)  
2.10
2.89
2.81
3.14

Notes:
1) The EPS represents post-bonus basic EPS.
2) Return on Equity is ratio of Profit after Tax and Total Equity.
3) Return on Assets is ratio of Profit after Tax and Total Assets.
4) Debt to Equity is ratio of Total borrowings and Total Equity.

Avalon Technologies IPO Valuation Metrics

The market Capitalisation of Avalon Technologies IPO is ₹ 2846.76 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.

Key Metrics (at the time of IPO)


Market Capitalisation (₹ Cr.):
2846.76

Enterprise Value (EV) (₹ Cr.):
3,147.36

EV/EBITDA (times) :
30.86

PE Multiple (times) :
55.54

P/B (times) :
2.81

NAV (₹) :
81.24

Notes:
1) The Enterprise Value is calculated as Market Cap. + Total Debt - Cash and Cash Equivalents.
2) Price to Book multiple is calculated as the ratio of Market Cap. and Net Worth post IPO proceeds.

What are the key financial metrics in Avalon Technologies prospectus?

The Avalon Technologies IPO prospectus highlights an Return on Equity (ROE) of 23.07 % , Return on Assets (ROA) of 4.85 %, and an EBITDA Margin of 11.63 %, showcasing financial performance.

How do profitability ratios impact the evaluation of Avalon Technologies IPO?

Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Avalon Technologies IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.

What is the market capitalisation for Avalon Technologies IPO ?

The post-IPO market capitalisation of Avalon Technologies IPO is ₹ 2846.76 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.

What is the PE Multiple of Avalon Technologies IPO?

The Avalon Technologies IPO has a Price-to-Earnings (PE) ratio of 55.54 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.

What is the Revenue of Avalon Technologies IPO?

Avalon Technologies IPO reported revenue of ₹ 895.47 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Avalon Technologies IPO provide insights into sales growth, market demand, and business scalability.

What is the EBITDA of Avalon Technologies IPO?

Avalon Technologies recorded an EBITDA of ₹ 102.00 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.

What is the PAT of Avalon Technologies IPO?

Avalon Technologies Profit After Tax (PAT) is ₹ 51.15 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions

IPO Key Highlights

*At the time of IPO, on Annualised Basis
  • Revenue: ₹ 877.05 Cr.
            EBITDA: ₹ 102.00 Cr.
            PAT: ₹ 51.15 Cr.
  • EBITDA Margin: 11.63 %
            Pat Margin: 5.83 %
  • Net Worth: ₹ 147.80 Cr.
  • Market Capitalisation: ₹ 2846.76 Cr.
  • P/E: 55.54 times
  • P/BV: 2.81 times
  • EV/EBITDA: 30.86 times

Revenue

(As Annualised)

EBITDA

(As Annualised)

PAT

(As Annualised)
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FAQs

Avalon Technologies operates in Electric Equipments - OEM and Manufacturing Services. The Issue is listed on BSE,NSE in Apr, 2023. Avalon Technologies IPO size was 865.00 with Issue price of 436.00 .

Merchant Banker(s) of Avalon Technologies IPO: Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , IIFL Securities Limited , Jm Financial Limited , Nomura Financial Advisory And Securities (India) Private Limited

Avalon Technologies IPO subscription was 2.34 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Avalon Technologies IPO listed at a listing price of 397.45 against the offer price of 436.00.

The current market price of Avalon Technologies is 828.10.

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