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Avalon Technologies Ltd Back
Registered Office:
B-7 First Main Road MEPZ,Tambaram, Chennai - 600045, Tamil Nadu, India. Phone : 91-44-42220400   Fax:
Email :
Website :
Initial public offering of 19,839,446*** equity shares of face value of Rs. 2 each ("Equity Shares") of Avalon Technologies Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 436 per equity share (including a share premium of Rs. 434 per equity share) (the "Offer Price") aggregating to Rs. 865.00 crores*** (the "Offer") comprising a fresh issue of 7,339,449*** equity shares by the company aggregating to Rs. 320.00*** crores (the "Fresh Issue") and an offer for sale of 12,499,997*** equity shares aggregating to Rs. 545.00*** crores comprising an offer for sale of 3,004,587*** equity shares aggregating to Rs. 131.00*** crores by Kunhamed Bicha, 3,944,954*** equity shares aggregating to Rs. 172.00*** crores by Bhaskar Srinivasan, (the "Promoter Selling Shareholders"), 366,972*** equity shares aggregating to RS. 16.00*** crores by T P Imbichammad, 229,357*** equity shares aggregating to Rs. 10.00*** crores by Mariyam Bicha ("Promoter Group Selling Shareholders"), 1,731,651*** equity shares aggregating to Rs. 75.50*** crores by Anand Kumar, 1,490,825*** equity shares aggregating to Rs. 65.00*** crores by Sareday Seshu Kumar, 1,731,651*** equity shares aggregating to Rs. 75.50*** crores by Luquman Veedu Ediyanam (the "Other Selling Shareholders", and together with the promoter selling shareholders and promoter group selling shareholders, the "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale***"). The company, in consultation with the brlms, has undertaken two pre-ipo placements of equity shares aggregating to approximately Rs. 30.00 crores and approximately Rs. 50.00 crores, respectively. The size of the fresh issue has been reduced by Rs. 80.00 crores pursuant to the pre - ipo placements. Accordingly, the revised fresh issue size aggregates to Rs. 320.00 crores. ***Subject to finalisation of basis of allotment. Bids can be made for a minimum of 34 equity shares and in multiples of 34 equity shares thereafter.
Issue
Opens On Closes On
03-Apr-23 06-Apr-23
Money Payable On
Application Allotment
436.00 0.00
Minimum Application for shares in Nos : 34 Further Multiples of : 34
(₹)(Cr.) Lead Managers to the Issue
Project Cost (₹) 299.40 DAM Capital Advisors Ltd
Project Financed through Current Offer (₹) 865.00  
Post Issue Equity Share Capital (₹) 13.06  
Issue Price (₹) 436.00  
Projects
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and one of its material subsidiaries ATSPL
Funding the working capital requirements of the company
General corporate purposes
Promoted By
Kunhamed Bicha
Bhaskar Srinivasan
Listing At
BSE
NSE
Registrar to the Issue

Mandatory Dematerialization for Transfer of Securities, w.e.f 5th December 2018. Refer to SEBI notification number SEBI/LAD-NRO/GN/2018/24 dated June 08,2018.

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Investor Awareness regarding the revised guidelines on margin collection

 

Dear Investor,

As you are aware, under the rapidly evolving dynamics of financial markets, it is crucial for investors to remain updated and well-informed about various aspects of investing in securities market. In this connection, please find a link to the BSE Investor Protection Fund website where you will find some useful educative material in the form of text and videos, so as to become an informed investor.

https://www.bseipf.com/investors_education.html

We believe that an educated investor is a protected investor !!!

 

Risk Disclosure on Derivatives

  • out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:
SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

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