IPO IPO-Synopsis
Avana Electrosystems Ltd

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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 Rs56-Rs59 per equity share including a share premium of Rs46-Rs49 per equity share (The"Offer Price") Aggregating to Rs33.43-Rs35.22 Crores ("The Offer") Comprising of a fresh issue of up to 51,76,000 equity shares aggregating to Rs28.99-Rs30.54 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 Rs4.45-Rs4.68 Crores of which up to 3,00,000 equity shares aggregating to Rs1.68-Rs1.77 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 Rs31.75-Rs33.45 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: Rs56 to Rs59 per equity share of face value Rs10/- 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

  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 Rs56.00  
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