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Apr 01, 2023, 12.00 PM

Avalon Technologies raises Rs 389.25 crore via anchor investors

Public Issue opens Monday 3rd April.

Anchor investors in Avalon Technologies Ltd. IPO include Nomura, Goldman Sachs, Neuberger Berman, HDFC MF, Nippon Life, Aditya Birla Sun Life, Franklin India, Ashoka India, HDFC Life Insurance.

Avalon Technologies Ltd. has raised Rs. 389.25 crore from 24 anchor investors at Rs. 436 per share (upper end of Price Band) including 5 domestic mutual funds thru' a total of 10 schemes. 

Public Issue opens Monday 3rd April.

Anchor investors in Avalon Technologies Ltd. IPO include Nomura, Goldman Sachs, Neuberger Berman, HDFC MF, Nippon Life, Aditya Birla Sun Life, Franklin India, Ashoka India, HDFC Life Insurance, WhiteOak Capital, IIFL Select, Mahindra Manulife, Optimix Wholesale, Oaks Emerging & Principal International.

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