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Canarys Automations Ltd
Registered Office: # 566&567 2nd Flr 30th Main Rd, Attimabbe Rd Banasha.3rd Stage, Bengaluru - 560085, Karnataka
Phone: +91-98458 62780
Email: nagashree.hegde@ecanarys.com
Website: http://www.ecanarys.com
Initial public offer of 1,51,72,000 equity shares of face value of Re. 2/- each (the Equity Shares) of Canarys Automations Limited (The Company or Canarys or The Issuer) at an issue price of Rs. 31/- per equity share for cash, aggregating to Rs. 47.03 crores (Public Issue) out of which 7,60,000 equity shares of face value of Rs. 2/- each, at an issue price of Rs. 31/- per equity share for cash, aggregating Rs. 2.36 crores was reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 1,44,12,000 equity shares of face value of Rs. 2/- each, at an issue price of Rs. 31/- per equity share for cash, aggregating Rs. 44.67 crores is herein after referred to as the Net Issue. The public issue and net issue shall constitute 27 % and 25.65 % respectively of the post-issue paid-up equity share capital of the company. The face value of equity shares is Rs. 2 each. the issue price is Rs. 31 per equity share which is 15.5 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
27-Sep-2023	03-Oct-2023	₹ 31.00	₹ 0.00

Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
	(₹)Cr.	Lead Managers to the Issue
Project Cost	41.03	Indorient Financial Services Ltd
Project Financed through Current Offer	47.03
Post Issue Equity Share Capital	11.24
Issue Price	₹31.00

Projects
Funding of expenditure relating to solutions development for digital transformation and water resources management solutions
Creation of new delivery centre including infrastructure thereof and upgrading existing facilities
Funding working capital requirements of the company
General corporate purposes

Promoted By
Metikurke Ramaswamy Raman Subb
Danavadi Krishnamurthy Arun
Raghu Chandrashekhariah

Listing At
NSE - SME

Registrar to the Issue
Link Intime India Pvt Ltd

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