Sensex: 83,570.35 (-0.55%)

Nifty: 25,653.10 (-0.16%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

IPO Synopsis
Avana Electrosystems Ltd
Registered Office: No.8 Plot No.35 1st Main Road, 2nd Phase Peenya Ind.Area, Bengaluru - 560058, Karnataka
Phone: 1
Email: 1
Website: 1
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.59 per equity share including a share premium of Rs.49 per equity share (The"Offer Price") Aggregating to Rs.35.22 Crores ("The Offer") Comprising of a fresh issue of up to 51,76,000 equity shares aggregating to 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.4.68 Crores of which up to 3,00,000 equity shares aggregating to 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. 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. 59 per equity share of face value Rs. 10/- each. The floor price is 5.9 times of the face value of the equity shares. Bids can be made for a minimum of 4000 equity shares and in multiples of 2000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Jan-2026 14-Jan-2026 59.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 35.22
Post Issue Equity Share Capital 22.65
Issue Price 59.00
Projects
Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit
To meet Working Capital requirements of the Company
General Corporate Purposes
Promoted By
Anantharamaiah Panish
Vinod Kumar
Gururaj Dambal
NSE - SME
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.