Avalon Technologies IPO vs Nexus Select Trust REIT

Comparison between Avalon Technologies IPO and Nexus Select Trust REIT.

IPO Details

Avalon Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nexus Select Trust REIT 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 Nexus Select Trust REIT is up to ₹3,200.00 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of Nexus Select Trust REIT is ₹100.00 per share.

 Avalon Technologies IPONexus Select Trust REIT
Face Value₹2 per share
Issue Price (Lower)₹415.00 per share₹95.00 per share
Issue Price (Upper)₹436.00 per share₹100.00 per share
Issue Price (Final)₹436.00 per share₹100.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size34 shares150 shares
Fresh Issue Size73,39,449 shares14,00,00,000 shares
Fresh Issue Size (Amount)up to ₹320.00 Crup to ₹1,400.00 Cr
OFS Issue Size1,24,99,997 shares18,00,00,000 shares
OFS Issue Size (Amount)up to ₹545.00 Crup to ₹1,800.00 Cr
Issue Size Total1,98,39,446 shares32,00,00,000 shares
Issue Size Total (Amount)up to ₹865.00 Crup to ₹3,200.00 Cr

IPO Timetable

Avalon Technologies IPO opens on Apr 03, 2023, while Nexus Select Trust REIT opens on May 09, 2023. The closing date of Avalon Technologies IPO and Nexus Select Trust REIT is Apr 06, 2023, and May 11, 2023, respectively.

 Avalon Technologies IPONexus Select Trust REIT
Anchor Bid DateMar 31, 2023May 08, 2023
Issue OpenApr 03, 2023May 09, 2023
Issue CloseApr 06, 2023May 11, 2023
Basis Of Allotment (Tentative)Apr 12, 2023May 16, 2023
Initiation of Refunds (Tentative)Apr 13, 2023May 17, 2023
Credit of Share (Tentative)Apr 17, 2023May 18, 2023
Listing date (Tentative)Apr 18, 2023May 19, 2023
Anchor Lockin End date 1May 12, 2023Jun 15, 2023
Anchor Lockin End date 2Jul 11, 2023Aug 14, 2023

Financials & KPIs

Avalon Technologies IPO P/E ratio is 55.54, as compared to Nexus Select Trust REIT P/E ratio of .

 Avalon Technologies IPONexus Select Trust REIT
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 Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets8,989.539,089.778,959.369,527.64
Total Income1,498.351,398.521,047.971,708.19
Profit After Tax257.02-10.95-199.11206.74
Reserves and Surplus639.31389.15340.89976.05
Total Borrowing5,872.316,311.206,281.385,955.67
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.75
Promoter Shareholding (Post-Issue)51.24
P/E Ratio55.54
Market Cap₹2846.76 Cr.₹15150.00 Cr.
ROE85.9
ROCE27.4
Debt/Equity3.64
EPS₹11.30
RoNW85.86

Shares Offered

In the Avalon Technologies IPO Retail Individual Investors (RII) are offered 19,83,944 shares while in Nexus Select Trust REIT retail investors are offered 19,83,944 shares. Qualified Institutional Buyers (QIB) are offered 59,51,835 shares in Avalon Technologies IPO and 9,60,00,150 shares in Nexus Select Trust REIT.

 Avalon Technologies IPONexus Select Trust REIT
Anchor Investor Reservation89,27,751 shares14,39,99,850 shares
Market Maker Reservation0 shares
QIB59,51,835 shares9,60,00,150 shares
NII29,75,916 shares8,00,00,000 shares
RII19,83,944 shares0 shares
Employee0 shares
Others
Total1,98,39,446 shares32,00,00,000 shares

Bids Received (Subscription)

Avalon Technologies IPO subscribed 2.34x in total, whereas Nexus Select Trust REIT subscribed 5.45x.

 Avalon Technologies IPONexus Select Trust REIT
QIB (times)3.77x4.81x
NII (times)0.43x
Big NII (times)0.44x
Small NII (times)0.41x
RII (times)0.88x
Employee (times)
Other (times)6.23x
Total (times)2.34x5.45x

Compare with others

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Avalon Technologies IPO Vs Nexus Select Trust REIT