IPO Synopsis
| Avantel Ltd |
|---|
| Registered Office: Sy No 141 Plot No 47/P,APIIC Indl Park Gambheeram (V),Visakhapatnam-531163, Andhra Pradesh |
| Tel. No: 91-891-6698000 |
| Fax No: 91-891-6698004 |
| Email: cs@avantel.in |
| Website: www.avantel.in |
| Public issue of 13,38,500 equity shares of Rs 10/- each for cash at a premium of Rs 40/- per share aggregating Rs 6.69 cr. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 10-Feb-2000 | 14-Feb-2000 | ₹25.00 - 0.00 | |
| Minimum Application for shares in Nos : 100.0 | Further Multiples of :100.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 9.90 | Canara Bank |
| Project Financed through Current Offer | 6.45 | Jardine Fleming India Securities Ltd |
| Post Issue Equity Share Capital | 5.15 | |
| Issue Price | 50.00 |
| Projects |
|---|
| To establish software development centre |
| To undertake major projects |
| To undertake major projects |
| To undertake major projects |
| To setup overseas subsidiary office |
| Promoted By |
|---|
| A Venkateshwara Rao |
| A Vidyasagar |
| A Sarada |
| Listing At |
|---|
| Bangalore |
| Hyderabad |
| Registrar To The Issue |
|---|
