| Avana Electrosystems Ltd |
|
Registered Office:
No.8 Plot No.35 1st Main Road,2nd Phase Peenya Ind.Area
,
Bengaluru
-
560058
,
Karnataka
, India.
Phone :
+91 80 4123 3386 Fax:
Email : cs@avanelectrosystems.com
Website : www.avanaelectrosystems.com
|
Initial public offer up to 59,70,000 equity shares of face value  , 10 each ("Equity Sharese") of Avana Electrosystems Ltd ( The "Company" or The "Issuer") for cash at a price of 56-59 per equity share including a share premium of 46-49 per equity share (The"Offer Price") Aggregating to 33.43-35.22 Crores ("The Offer") Comprising of a fresh issue of up to 51,76,000 equity shares aggregating to 28.99-30.54 Crores (The"Fresh Issue") and an offer for sale of up to 7,94,000 equity shares by the promoter selling shareholders ("Offer for Sale") aggregating to 4.45-4.68 Crores of which up to 3,00,000 equity shares aggregating to 1.68-1.77 Crores will be reserved for subscription by market maker to the offer (The"Market Maker Reservation Portion"). The Offer less the market maker reservation portion i.e. Net offer of up to 56,70,000 equity share aggregating to 31.75-33.45 Crores (The"Net Offer"). The Fresh offer and the net offer will constitute 26.36% and 25.04% respectively of the post offer paid-up equity share capital of the company.
Price Band: 56 to 59 per equity share of face value 10/- each.
The floor price is 5.6 times the face value of the equity shares and the cap price is 5.9 times the face value of the equity shares.
Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 12-Jan-26 |
14-Jan-26 |
Rs56.00-59.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :4000 Further Multiples of :2000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
33.43 |
|
| Post Issue Equity Share Capital |
22.65 |
|
| Issue Price |
Rs56.00 |
|
|