Avalon Technologies IPO vs Signatureglobal IPO

Comparison between Avalon Technologies IPO and Signatureglobal IPO.

IPO Details

Avalon Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Signatureglobal 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 Signatureglobal IPO is up to ₹730.00 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of Signatureglobal IPO is ₹385.00 per share.

 Avalon Technologies IPOSignatureglobal IPO
Face Value₹2 per share₹1 per share
Issue Price (Lower)₹415.00 per share₹366.00 per share
Issue Price (Upper)₹436.00 per share₹385.00 per share
Issue Price (Final)₹436.00 per share₹385.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size34 shares38 shares
Fresh Issue Size73,39,449 shares1,56,62,337 shares
Fresh Issue Size (Amount)up to ₹320.00 Crup to ₹603.00 Cr
OFS Issue Size1,24,99,997 shares32,98,701 shares
OFS Issue Size (Amount)up to ₹545.00 Crup to ₹127.00 Cr
Issue Size Total1,98,39,446 shares1,89,61,038 shares
Issue Size Total (Amount)up to ₹865.00 Crup to ₹730.00 Cr

IPO Timetable

Avalon Technologies IPO opens on Apr 03, 2023, while Signatureglobal IPO opens on Sep 20, 2023. The closing date of Avalon Technologies IPO and Signatureglobal IPO is Apr 06, 2023, and Sep 22, 2023, respectively.

 Avalon Technologies IPOSignatureglobal IPO
Anchor Bid DateMar 31, 2023Sep 18, 2023
Issue OpenApr 03, 2023Sep 20, 2023
Issue CloseApr 06, 2023Sep 22, 2023
Basis Of Allotment (Tentative)Apr 12, 2023Sep 27, 2023
Initiation of Refunds (Tentative)Apr 13, 2023Sep 29, 2023
Credit of Share (Tentative)Apr 17, 2023Oct 03, 2023
Listing date (Tentative)Apr 18, 2023Sep 27, 2023
Anchor Lockin End date 1May 12, 2023Oct 27, 2023
Anchor Lockin End date 2Jul 11, 2023Dec 26, 2023

Financials & KPIs

Avalon Technologies IPO P/E ratio is 55.54, as compared to Signatureglobal IPO P/E ratio of .

 Avalon Technologies IPOSignatureglobal 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 Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets5,999.134,430.853,762.372,930.52
Total Income1,585.88939.60154.72263.03
Profit After Tax-63.72-115.50-86.28-56.57
NET Worth47.54-352.22-206.87-93.07
Reserves and Surplus34.08-364.01-210.78-128.87
Total Borrowing1,709.751,157.531,176.38969.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.7578.36
Promoter Shareholding (Post-Issue)51.2469.63
P/E Ratio55.54
Market Cap₹2846.76 Cr.₹5409.66 Cr.
ROE85.9-134.0%
ROCE27.41%
Debt/Equity3.6434.10
EPS₹11.30₹-5.44
RoNW85.86

Shares Offered

In the Avalon Technologies IPO Retail Individual Investors (RII) are offered 19,83,944 shares while in Signatureglobal IPO retail investors are offered 19,83,944 shares. Qualified Institutional Buyers (QIB) are offered 59,51,835 shares in Avalon Technologies IPO and 59,48,080 shares in Signatureglobal IPO.

 Avalon Technologies IPOSignatureglobal IPO
Anchor Investor Reservation89,27,751 shares82,72,700 shares
Market Maker Reservation
QIB59,51,835 shares59,48,080 shares
NII29,75,916 shares28,44,155 shares
RII19,83,944 shares18,96,103 shares
Employee
Others
Total1,98,39,446 shares1,89,61,038 shares

Bids Received (Subscription)

Avalon Technologies IPO subscribed 2.34x in total, whereas Signatureglobal IPO subscribed 12.50x.

 Avalon Technologies IPOSignatureglobal IPO
QIB (times)3.77x13.37x
NII (times)0.43x14.24x
Big NII (times)0.44x16.60x
Small NII (times)0.41x9.53x
RII (times)0.88x7.17x
Employee (times)
Other (times)
Total (times)2.34x12.50x

Compare with others

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Avalon Technologies IPO Vs Signatureglobal IPO