Avalon Technologies IPO

Avalon Technologies is one of the leading fully integrated Electronic Manufacturing Services (EMS) companies with end-to-end operations in delivering box build solutions in India in terms of revenue in Fiscal 2022, with a focus on high value precision engineered products. Through a unique global delivery model, the company is able to provide a full stack product and solution suite to certain global original equipment manufacturers (OEMs), including OEMs located in the United States, China, Netherlands and Japan. This enables customers to achieve tangible benefits such as reduced manufacturing costs, improved supply chain management and reduced inventory obsolescence. (Source: F&S Report)

Avalon Technologies has increased their key customer base over time, from 54 customers in Fiscal 2020, to 81 customers in Fiscal 2022, increasing their order book (open order) from ₹5,046.72 million as of March 31, 2020, to ₹8,578.69 million as of March 31, 2022.

Being a fully integrated EMS provider, Avalon Technologies have repeatedly been recognized with various awards including “Best Supplier Award for demonstrated sustained performance” from Collins Aerospace, Bengaluru in 2019 and “Supplier Excellence Award for Strategic Partnership” from Faiveley Transport Rail Technologies India Private Limited, a Wabtec Company in 2018.