Avalon Technologies IPO Subscription Status
Avalon Technologies IPO received bids for 2,53,32,856 shares against 1,08,44,186 offered, an overall subscription of 2.34x at the close of bidding (6 Apr 2023). QIBs lead at 3.77x, while NII (0.43x) and Retail (0.88x) portions are undersubscribed.
Last updated · day 3 figures
- Retail
- 0.88x
- NII
- 0.43x
- QIB
- 3.77x
- Total
- 2.34x
Where the demand is
Avalon Technologies IPO subscription by category
| Category | Shares offered | Shares bid | Amount bid | Subscription |
|---|---|---|---|---|
| QIB | 59,15,011 | 2,23,03,864 | ₹972.45 Cr | 3.77x |
| NII | 29,75,917 | 12,76,326 | ₹55.65 Cr | 0.43x |
| Retail | 19,83,944 | 17,52,666 | ₹76.42 Cr | 0.88x |
| Total | 1,08,44,186 | 2,53,32,856 | ₹1,104.51 Cr | 2.34x |
* Shares Offered and Total Amount are calculated based on the upper price of the issue price range. * The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Avalon Technologies IPO subscription day-wise
| Category | Day 3 |
|---|---|
| QIB | 3.77x |
| NII | 0.43x |
| Retail | 0.88x |
| Total | 2.34x |
| Total added | 2.34x |
Cumulative figures at the end of each day. Read across a row to see how demand built up. Shading deepens as subscription rises above 1x; "Total added" is how much overall subscription grew that day.
Avalon Technologies IPO reservation
| Category | Shares | Share of issue |
|---|---|---|
| Qualified Institutional Buyers | 59,15,011 | 54.39% |
| Non-Institutional Investors | 29,75,917 | 27.37% |
| Retail Individual Investors | 19,83,944 | 18.24% |
| Public issue | 1,08,74,872 | 100% |
Allotment Chances Note
These are estimates from the latest application and subscription figures. Actual chances are usually somewhat better, because:
- Not every bid is at the cut-off price. Bids below the final issue price are rejected before the lottery, so fewer applications compete.
- Multiple-lot applications count once. In an oversubscribed retail or sNII portion, each application gets at most one minimum lot in the draw, however many lots it bid for.
- Invalid applications drop out. Unapproved UPI mandates, PAN mismatches and duplicate applications are removed before allotment.
Applying for more lots in the retail category does not improve your odds; applying from separate family accounts does.
Avalon Technologies IPO subscription: FAQs
- What is the overall subscription of Avalon Technologies IPO?
- Avalon Technologies IPO is subscribed 2.34x overall as of day 3 (6 April 2023), with bids for 2,53,32,856 shares against 1,08,44,186 offered.
- What is the retail subscription of Avalon Technologies IPO?
- The retail portion is subscribed 0.88x as of day 3 (6 April 2023).
- What is the QIB and NII subscription of Avalon Technologies IPO?
- QIBs have subscribed 3.77x of their portion, and NIIs 0.43x as of day 3 (6 April 2023).
- How can I check Avalon Technologies IPO subscription status live?
- This page shows category-wise and day-wise figures and is updated during bidding hours. The same data is published on the BSE and NSE websites under the issue name.
- How do I apply for Avalon Technologies IPO?
- Apply online through your broker or bank using UPI or ASBA. Choose the IPO, enter the number of lots and bid price (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on 6 April 2023.
Subscription figures are compiled from BSE and NSE bid data and can be revised by the exchanges after the issue closes. For information only; not investment advice.