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IPO

IPO Details


Avantel Ltd
Registered Office: Sy No 141 Plot No 47/P, APIIC Indl Park Gambheeram (V), Visakhapatnam - 531163, Andhra Pradesh
Phone: 91-891-6698000
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 Allotment
10-Feb-2000 14-Feb-2000 ₹ 25.00 ₹ 25.00
Minimum Application for shares in Nos : 100 Further Multiples of : 100
(₹)Cr. Lead Managers to the Issue
Project Cost 9.90 Canara Bank
Project Financed through Current Offer 6.45
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
Karvy Computershare Pvt Ltd

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)