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Issue Open Date
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12-Jan-26
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Issue Closing Date
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14-Jan-26
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Application Money
|
100
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Allotment Money
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Price Band
|
56
-
59
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Minimium Application No.
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4000
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Issue Size (Shares)
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4280000
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Market Lot
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1
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Objective
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|
1. Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an Integrated manufacturing unit;2. To meet Working Capital requirements of the Company;3. General Corporate Purposes; and4. To meet Offer Expenses.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
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|
|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
|
189532000
|
|
|
Qualified Institutional Buyers
|
|
62006000
|
|
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Retail Individual Investors
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|
273392000
|
|
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|
Business Description
We are a manufacturer of customised Control and Relay Panels ranging from 11kv to 220kv for Power System Monitoring, Control and Protection Applications Transmission Lines, Power Transformers, Bus Bar, Capacitor Bank, etc, for both indoor and outdoor usage, MV and LV Panels, Protection Relays and Substation Automation Systems. These panels are used across various sectors and industries to facilitate the transmission and distribution of electrical power such as in solar power plants, wind power farms, other power generation plants, power transmission stations, electricity board sub-stations, power utilities companies etc.
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Promoter's Holding
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Total Share Capital
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17469408
|
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Offered to Public
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4280000
|
|
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Promoter's Holding (Pre-Issue)
|
100
|
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Promoter's Holding (Post-Issue)
|
73.64
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Address |
No. 8
Plot No. 35
1st Main Road
2nd Phase
Peenya Industrial Area
Nelagadaranahalli Village
Bengaluru,
Karnataka,
560058
Phone : 080-4123 3386
Email : cs@avanaelectrosystems.com
Website : www.avanaelectrosystems.com
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Registrar |
Integrated Registry Management Services Pvt Ltd.
House No. 12-13-829
18/AKimtee Colony
Tarnaka
Hyderabad
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Listed at |
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NSE
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Lead Manager |
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Indcap Advisors Pvt Ltd.
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Promoters |
Anantharamaiah Panish
Gururaj Dambal
K N Sreenath
S Vinod Kumar
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|
