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Anawil Wire and Engineering Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Anawil Wire and Engineering Ltd IPO

Registered Office: Plot No.201 Office #.1 Virrant,Business Park GIDC Vapi Valsad , Pardi - 396191 , Gujarat , India.
Phone : +91 90545 08244   Fax:
Email :  cs@anawilvapi.in  
Website :  www.anawilvapi.in
Initial public offer of up to 65,85,600 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Anawil Wire And Engineering Limited ("the Company" or "AWEL" or "the Issuer") at an offer price of (Rs)257-270 per equity share for cash, aggregating up to (Rs)169.25-177.81 Crores ("Public Offer") comprising of a fresh issue of 52,84,800 equity shares aggregating to (Rs)135.82-142.69 Crores (the "Fresh Issue") and an offer for sale of 13,00,800 equity shares by the promoter selling shareholders ("Offer For Sale") aggregating to (Rs)33.43-35.12 Crores comprising; 13,00,800 equity shares aggregating up to (Rs)33.43-35.12 Crores by Nimish Kumar Rameshchandra Vashi (refferd as "Promoter Selling Shareholder") out of which 3,31,200 equity shares of face value of (Rs)10/- each, at an offer price of (Rs)257-270 per equity share for cash, aggregating (Rs)8.51-8.94 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") . The public offer less market maker reservation portion i.e. Offer of 62,54,400 equity shares of face value of (Rs)10/- each, at an offer price of (Rs)257-270 per equity share for cash, aggregating up to (Rs)160.74-168.87 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.34% and 25.02% respectively of the post-offer paid-up equity share capital of the company. Price Band: (Rs)257 to (Rs)270 per equity share of face value (Rs)10/- each. The floor price ((Rs)257) is 25.7 times the face value of the equity shares and the cap price ((Rs)270) is 27.00 times of the face value of the equity shares. Bids can be made for a minimum of 800 equity shares and in multiples of 400 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
03-Aug-26 05-Aug-26 (Rs)257.00-270.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :400

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Hem Securities Limited
Project Financed through Current Offer 169.25  
Post Issue Equity Share Capital 25.00  
Issue Price (Rs)257.00  
 
Projects
Repayment and/or pre-payment, in full or part, of borrowing availed by the CompanyGeneral corporate purposes
Promoted By
Nimish Kumar Rameshchandra Vas  
Ayush Nimish Vashi  
Bhavin Navinchandra Desai  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd