Avalon Technologies makes muted debut, falls 5% post listing
The ₹865 crore IPO of the electronics manufacturing services company was subscribed 2.32 times on the back of a strong response from qualified institutional investors.
The ₹865 crore IPO of the electronics manufacturing services company was subscribed 2.32 times on the back of a strong response from qualified institutional investors.
Ahead of the initial share sale, the company has raised ₹389 crore from anchor investors by allocating 89.27 lakh equity shares to 24 funds at ₹436 apiece.