Avalon Technologies IPO to open on April 3, price band fixed

New Delhi: The Rs 865 crore initial public offering (IPO) of Avalon Technologies will kick off for subscription on Monday, April 3. The company will be selling its shares in the range of Rs 415-436 apiece.

Avalon is a fully integrated electronic manufacturing company that offers end-to-end service solutions. The company has 12 manufacturing units located across the US and India. Some of its key clients include Kyosan India, Zonar Systems Inc, Collins Aerospace, and e-Infochips among others. The company’s other capabilities include cable assembly and wire harnesses, sheet metal fabrication, machining, magnetics and injection molded plastics.