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    Vikshita Vitthal Gujaran in News

    05-Apr-2023 10:51 AM


    Avalon Technologies IPO: All You Need To Know

    With this IPO, the Chennai-based electronic manufacturing services provider aims to raise Rs 865 crore.
    The company has priced its shares in the range of Rs 415–436 apiece.
    Bidding by anchor investors opened on March 31.
    The company says it provides a full stack product and solution suite, from printed circuit board design and assembly to end-to-end box build of electronic systems and certain global original equipment manufacturers.
    Dependence on subsidiaries exposes it to significant risks.
    Any downgrade in credit ratings may restrict access to capital and, thereby, adversely affect business and results of operations.

    Source - NDTV