Avalon Technologies IPO vs Udayshivakumar Infra IPO

Comparison between Avalon Technologies IPO and Udayshivakumar Infra IPO.

IPO Details

Avalon Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Udayshivakumar Infra IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Avalon Technologies IPO is up to ₹865.00 Cr whereas the issue size of the Udayshivakumar Infra IPO is up to ₹66.00 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of Udayshivakumar Infra IPO is ₹35.00 per share.

 Avalon Technologies IPOUdayshivakumar Infra IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹415.00 per share₹33.00 per share
Issue Price (Upper)₹436.00 per share₹35.00 per share
Issue Price (Final)₹436.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size34 shares428 shares
Fresh Issue Size73,39,449 shares1,88,57,142 shares
Fresh Issue Size (Amount)up to ₹320.00 Crup to ₹66.00 Cr
OFS Issue Size1,24,99,997 shares0 shares
OFS Issue Size (Amount)up to ₹545.00 Crup to ₹0.00 Cr
Issue Size Total1,98,39,446 shares1,88,57,142 shares
Issue Size Total (Amount)up to ₹865.00 Crup to ₹66.00 Cr

IPO Timetable

Avalon Technologies IPO opens on Apr 03, 2023, while Udayshivakumar Infra IPO opens on Mar 20, 2023. The closing date of Avalon Technologies IPO and Udayshivakumar Infra IPO is Apr 06, 2023, and Mar 23, 2023, respectively.

 Avalon Technologies IPOUdayshivakumar Infra IPO
Anchor Bid DateMar 31, 2023
Issue OpenApr 03, 2023Mar 20, 2023
Issue CloseApr 06, 2023Mar 23, 2023
Basis Of Allotment (Tentative)Apr 12, 2023Mar 28, 2023
Initiation of Refunds (Tentative)Apr 13, 2023Mar 29, 2023
Credit of Share (Tentative)Apr 17, 2023Mar 31, 2023
Listing date (Tentative)Apr 18, 2023Apr 03, 2023
Anchor Lockin End date 1May 12, 2023
Anchor Lockin End date 2Jul 11, 2023

Financials & KPIs

Avalon Technologies IPO P/E ratio is 55.54, as compared to Udayshivakumar Infra IPO P/E ratio of 9.67.

 Avalon Technologies IPOUdayshivakumar Infra IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets587.96512.48449.65
Total Income851.65695.90653.15
Profit After Tax68.1623.0812.33
Total Borrowing294.05295.33248.48
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202231 Mar 202231 Mar 202131 Mar 2020
Assets178.90162.61146.82158.26
Total Income107.14186.39211.11194.41
Profit After Tax10.0212.159.3210.49
NET Worth78.3468.3256.1846.87
Reserves and Surplus0.000.000.000.00
Total Borrowing39.4626.4830.6033.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.75100.00
Promoter Shareholding (Post-Issue)51.2465.9
P/E Ratio55.549.67
Market Cap₹2846.76 Cr.₹193.75 Cr.
ROE85.917.78
ROCE27.420.71
Debt/Equity3.640.39
EPS₹11.30₹3.33
RoNW85.8617.78

Shares Offered

In the Avalon Technologies IPO Retail Individual Investors (RII) are offered 19,83,944 shares while in Udayshivakumar Infra IPO retail investors are offered 19,83,944 shares. Qualified Institutional Buyers (QIB) are offered 59,51,835 shares in Avalon Technologies IPO and 18,85,713 shares in Udayshivakumar Infra IPO.

 Avalon Technologies IPOUdayshivakumar Infra IPO
Anchor Investor Reservation89,27,751 shares
Market Maker Reservation
QIB59,51,835 shares18,85,713 shares
NII29,75,916 shares56,57,143 shares
RII19,83,944 shares1,13,14,286 shares
Employee
Others
Total1,98,39,446 shares1,88,57,142 shares

Bids Received (Subscription)

Avalon Technologies IPO subscribed 2.34x in total, whereas Udayshivakumar Infra IPO subscribed 32.49x.

 Avalon Technologies IPOUdayshivakumar Infra IPO
QIB (times)3.77x42.92x
NII (times)0.43x64.08x
Big NII (times)0.44x63.54x
Small NII (times)0.41x65.14x
RII (times)0.88x14.95x
Employee (times)
Other (times)
Total (times)2.34x32.49x

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Avalon Technologies IPO Vs Udayshivakumar Infra IPO