Avalon Technologies IPO vs Signatureglobal India IPO

Comparision between Avalon Technologies IPO and Signatureglobal India IPO.

IPO Details

Avalon Technologies IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Signatureglobal India IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Avalon Technologies IPO	Signatureglobal India IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Jm Financial Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Iifl Securities Ltd Nomura Financial Advisory And Securities (India) Pvt Ltd	ICICI Securities Limited Axis Capital Limited Kotak Mahindra Capital Company Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

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 India IPO is up to ₹730.00 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of Signatureglobal India IPO is ₹385.00 per share.

	Avalon Technologies IPO	Signatureglobal India 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)
Discount (Employee)
Market Lot Size	34 shares	38 shares
Fresh Issue Size	73,39,450 shares	1,56,62,338 shares
Fresh Issue Size (Amount)	up to ₹320.00 Cr	up to ₹603.00 Cr
OFS Issue Size	1,25,00,000 shares	32,98,701 shares
OFS Issue Size (Amount)	up to ₹545.00 Cr	up to ₹127.00 Cr
Issue Size Total	1,98,39,450 shares	1,89,61,039 shares
Issue Size Total (Amount)	up to ₹865.00 Cr	up to ₹730.00 Cr

IPO Timetable

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

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

Financials

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

Avalon Technologies IPO

Signatureglobal India IPO

Financial

Avalon Technologies Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Total Borrowing
31-Mar-20	449.65	653.15	12.33	248.48
31-Mar-21	512.48	695.90	23.08	295.33
31-Mar-22	587.96	851.65	68.16	294.05
Amount in ₹ Crore

Signatureglobal India IPO Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,930.52	3,762.37	4,430.85	5,999.13
Revenue	263.03	154.72	939.60	1,585.88
Profit After Tax	-56.57	-86.28	-115.50	-63.72
Net Worth	-93.07	-206.87	-352.22	47.54
Reserves and Surplus	-128.87	-210.78	-364.01	34.08
Total Borrowing	969.36	1,176.38	1,157.53	1,709.75

Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

70.75%

78.36%

Promoter Shareholding (Post-Issue)

51.24%

69.63%

P/E Ratio

55.54

Market Cap

₹2846.76 Cr.

₹5409.66 Cr.

ROE

85.90%%

-134.0%%

ROCE

27.40%%

1%%

Debt/Equity

3.64

34.1

EPS

₹-5.44

RoNW

Shares Offered

In the Avalon Technologies IPO retail investors (RII) are offered 19,83,944 shares while in Signatureglobal India IPO retail investors are offered 19,83,944 shares. Qualified institutional buyers (QIB) are offered 59,15,011 shares in Avalon Technologies IPO and 59,48,079 shares in Signatureglobal India IPO.

	Avalon Technologies IPO	Signatureglobal India IPO
Anchor Investor Reserveration	89,27,751 shares	82,72,700 shares
Market Maker Reserveration
QIB	59,15,011 shares	59,48,079 shares
NII	29,75,917 shares	28,44,156 shares
RII	19,83,944 shares	18,96,104 shares
Employee	0 shares	0 shares
Others
Total	1,08,44,186 shares	1,06,88,339 shares

Bids Received (Subscription)

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

	Avalon Technologies IPO	Signatureglobal India IPO
QIB (times)	3.77x	13.37x
NII (times)	0.43x	14.24x
Big NII (times)	0.44x	16.60x
Small NII (times)	0.41x	9.53x
RII (times)	0.88x	7.17x
Employee (times)
Other (times)
Total (times)	2.34x	12.50x

Compare with others

Avalon Technologies IPO	Signatureglobal India IPO
HMA Agro Industries IPO	Mankind Pharma IPO
IKIO Lighting IPO	Avalon Technologies IPO
Tata Technologies IPO	Udayshivakumar Infra IPO
Nexus Select Trust REIT	Global Surfaces IPO
Mankind Pharma IPO	Divgi TorqTransfer Systems IPO
Udayshivakumar Infra IPO	Radiant Cash Management IPO
Global Surfaces IPO	KFin Technologies IPO
Divgi TorqTransfer Systems IPO	Abans Holdings IPO
Signatureglobal India IPO	Sah Polymers IPO
Radiant Cash Management IPO	Elin Electronics IPO

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