Avalon Technologies Ltd Back Registered Office: B-7 First Main Road MEPZ,Tambaram , Chennai - 600045 , Tamil Nadu , India. Phone : 91-44-42220400   Fax: Email :  investorsrelations@avalontec.com   Website :  www.avalontec.com Initial public offering of 19,839,446*** equity shares of face value of Rs2 each ("Equity Shares") of Avalon Technologies Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of Rs436 per equity share (including a share premium of Rs434 per equity share) (the "Offer Price") aggregating to Rs865.00 crores*** (the "Offer") comprising a fresh issue of 7,339,449*** equity shares by the company aggregating to Rs320.00*** crores (the "Fresh Issue") and an offer for sale of 12,499,997*** equity shares aggregating to Rs545.00*** crores comprising an offer for sale of 3,004,587*** equity shares aggregating to Rs131.00*** crores by Kunhamed Bicha, 3,944,954*** equity shares aggregating to Rs172.00*** crores by Bhaskar Srinivasan, (the "Promoter Selling Shareholders"), 366,972*** equity shares aggregating to RS. 16.00*** crores by T P Imbichammad, 229,357*** equity shares aggregating to Rs10.00*** crores by Mariyam Bicha ("Promoter Group Selling Shareholders"), 1,731,651*** equity shares aggregating to Rs75.50*** crores by Anand Kumar, 1,490,825*** equity shares aggregating to Rs65.00*** crores by Sareday Seshu Kumar, 1,731,651*** equity shares aggregating to Rs75.50*** crores by Luquman Veedu Ediyanam (the "Other Selling Shareholders", and together with the promoter selling shareholders and promoter group selling shareholders, the "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale***"). The company, in consultation with the brlms, has undertaken two pre-ipo placements of equity shares aggregating to approximately Rs30.00 crores and approximately Rs50.00 crores, respectively. The size of the fresh issue has been reduced by Rs80.00 crores pursuant to the pre - ipo placements. Accordingly, the revised fresh issue size aggregates to Rs320.00 crores. ***Subject to finalisation of basis of allotment. Bids can be made for a minimum of 34 equity shares and in multiples of 34 equity shares thereafter. Issue Money Payable On Opens On Closes On Application Allotment 03-Apr-23 06-Apr-23 Rs436.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :34  Further Multiples of :34   Rs Cr Lead Managers to the Issue Project Cost 299.40 DAM Capital Advisors Ltd Project Financed through Current Offer 865.00   Post Issue Equity Share Capital 13.06   Issue Price Rs436.00

Projects

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company and one of its material subsidiaries ATSPL	General corporate purposes
Funding the working capital requirements of the company

Promoted By Kunhamed Bicha Bhaskar Srinivasan

Listing At BSE  NSE

Registrar to the Issue MUFG Intime India Pvt Ltd