Avalon Technologies IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Apr 18, 2023Avalon Technologies is about to release its IPO on Apr 3, 2023. The issue is closing on Apr 6, 2023, and is currently having an active grey market. The Avalon Technologies IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Avalon Technologies IPO. The company is intended to raise Rs.865.00 Cr. by the released issue.
Avalon Technologies IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 18 Apr 2023 | Rs 10 | NA | NA |
| 17 Apr 2023 | Rs 10 | NA | NA |
| 13 Apr 2023 | Rs 10 | NA | NA |
| 12 Apr 2023 | Rs 10 | NA | NA |
| 11 Apr 2023 | Rs 5 | NA | NA |
| 10 Apr 2023 | Rs 5 | NA | NA |
| 07 Apr 2023 | Rs 25 | NA | NA |
| 06 Apr 2023 | Rs 25 | NA | NA |
| 05 Apr 2023 | Rs 25 | NA | NA |
| 04 Apr 2023 | Rs 30 | NA | NA |
| 03 Apr 2023 | Rs 30 | NA | NA |
| 01 Apr 2023 | Rs 30 | NA | NA |
| 31 Mar 2023 | Rs 30 | NA | NA |
| 30 Mar 2023 | Rs 30 | NA | NA |
| 29 Mar 2023 | Rs 25 | NA | NA |
| 28 Mar 2023 | Rs 25 | NA | NA |
| 27 Mar 2023 | Rs 25 | NA | NA |
| 25 Mar 2023 | NA | NA | NA |
| 24 Mar 2023 | NA | NA | NA |
Check out Related IPO Links:
| Review Avalon Technologies IPO |
| Allotment – Avalon Technologies IPO |
| LIVE Subscription – Avalon Technologies IPO |
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Avalon Technologies IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | Apr 3, 2023 |
| IPO Close Date | Apr 6, 2023 |
| Basis of Allotment Date | Apr 12, 2023 |
| Initiation of Refunds | Apr 13, 2023 |
| Credit of Shares to Demat Account | Apr 17, 2023 |
| IPO Listing Date | Apr 18, 2023 |
Avalon Technologies IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Avalon Technologies IPO.
| Amount (in INR & Million) | |||
| 31-Mar-22 | 31-Mar-21 | Mar-20 | |
| Assets | 5,879.62 | 5,124.84 | 4,496.49 |
| Revenue | 8,516.50 | 6,958.97 | 6,531.48 |
| Expense | 7,852.09 | 6,670.68 | 6,378.53 |
| Profit After Tax | 681.64 | 230.82 | 123.26 |
| Earnings per Equity Share (in Million) | |||
| 31-Mar-22 | 31-Mar-21 | Mar-20 | |
| Basic & Diluted | 11.30 | 4.01 | 2.21 |
FAQs Related to Avalon Technologies IPO GMP
What is the current Avalon Technologies IPO GMP Price?
As of today, the Avalon Technologies IPO GMP is Rs 10.
What is the current Avalon Technologies IPO Kostak Rate?
The Kostak rate is Rs NA for Avalon Technologies IPO.
What is today’s Avalon Technologies IPO Subject to Sauda Rate?
As of today, the Avalon Technologies IPO Subject to Sauda is Rs NA.
Where to Check Avalon Technologies IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: https://top10stockbroker.com/ipo-allotment-status/
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
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Disclaimer:
The Avalon Technologies IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. They can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason is, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.