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Avalon technologies, should you buy, hold or sell after IPO listing

 After a long time in the Indian Stock Market, there is some fear in the hearts and minds of the investors who have invested money in the IPO market. From the year 2021 to 2022, almost every company's IPO has made investors rich.

Avalon Technologies IPO is going to be listed today, many investors and traders are confused on its listing because the Q4 results of Infosys have created a flutter in the hearts of all traders and investors. Avalon Technology KIPO gets mixed response the slow response to the public issue worth ₹865 crore is telling something about the listing of this IPO. Let us understand what to do after IPO listing in Avalon Technologies stock

Avalon Technologies IPO hold or Sell?

According to all the experts who understand the primary market, Avalon Technologies IPO listing should be in the price range of 440s to 450s. This will happen because the management of the company has left nothing on the table for the investors after the listing of the IPO. The management of the company has told in the media that the funds raised through the IPO will be used for the company's work. Before taking any decision on Avalon Technologies IPO after listing let us understand the IPO subscription data, Business model of company & financial performance of the company in brief.

 Financial Performance:  

Total borrowing from FY20 to FY 22:  249cr to 294cr

PAT from FY20 to FY22: 12.33cr to 68.16cr

Total revenues from FY20 to FY22: 653cr to 851cr

Total assets from FY20 to FY22:  449cr to 588cr

Market cap:  2846.76cr

Avalon Technologies IPO subscription Data was as follow:

The subscription data of the IPO was as follows Avalon Technologies IPO was subscribed 2.34 times with strong response from QIB category investors & retail portion of the public issue was subscribed 0.88 times while the other hand QIB category got subscribed 3.77 times. n NII segment, public issue was subscribed 0.43 times .

Business model of Avalon Technologies:

Company was incorporated in the year of 1999.  Avalon Technologies Limited is one of the leading Electronic Manufacturing Services company. Company has end-to-end abilities in delivering box-build solutions in India. Company has also focus on high value precision engineered products.

Avalon technologies  also offers a full stack product and solution suite  from printed circuit board (PCB) design and assembly to the manufacture of complete electronic systems (Box Build), to certain global original equipment manufacturers , including OEMs   in countries like, United States, China, Netherlands ,Japan. The offerings of Avalon Technologies Limited include PCB design and assembly, , machining, magnetic, injection molded plastics, cable assembly and wire harnesses, sheet metal . Company has Specialization in manufacturing & design support for critical integrated assemblies. Company   helps customers receive the best of services.

What long term investors should do in Avalon technologies?

As we have already discussed that company had not left anything on table for IPO investors after listing. But in Any case we see flat to negative listing then it will better to take exit from this stock. Indian stock market and world markets are also into the profit booking mood.  In case big profit booking will be started into the world markets and into Indian stock market then such type of overpriced IPO listed stocks crackdown very sharply. If any trader or investor wants to invest or trade in Avalon technologies  stock then it is better to accumulate at lower levels. One may ignore this stock for short term and try to invest into other listed stock having good financial track record and better valuations.

Disclaimer:  Its our personal view, Please do your own research before taking any decision in Avalon technologies IPO after lisiting.


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