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Avana Electrosystems 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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Avana Electrosystems Ltd IPO

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 (Rs), 10 each ("Equity Sharese") of Avana Electrosystems Ltd ( The "Company" or The "Issuer") for cash at a price of (Rs)56-(Rs)59 per equity share including a share premium of (Rs)46-(Rs)49 per equity share (The"Offer Price") Aggregating to (Rs)33.43-(Rs)35.22 Crores ("The Offer") Comprising of a fresh issue of up to 51,76,000 equity shares aggregating to (Rs)28.99-(Rs)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 (Rs)4.45-(Rs)4.68 Crores of which up to 3,00,000 equity shares aggregating to (Rs)1.68-(Rs)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 (Rs)31.75-(Rs)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: (Rs)56 to (Rs)59 per equity share of face value (Rs)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 (Rs)56.00-59.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Indcap Advisors Pvt Ltd
Project Financed through Current Offer 33.43  
Post Issue Equity Share Capital 22.65  
Issue Price (Rs)56.00  
 
Projects
Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unitGeneral Corporate Purposes
To meet Working Capital requirements of the Company
Promoted By
Anantharamaiah Panish  
Vinod Kumar  
Gururaj Dambal  
Listing At
NSE - SME 
Registrar to the Issue
Integrated Registry Mgt Ser.Pv