Avantel Ltd. Right Issue

₹80.90 Cr BSE, NSE 15 May 2025 – 28 May 2025

Closed Ratio: 10 : 121 BSE, NSE
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Issue Price
₹40.00
Face Value
₹2.00
Issue Size (Shares)
20,226,100
Issue Size (₹ Cr.)
₹80.90
📅 Right Issue Timetable
Last Date to Buy SharesTue, May 6, 2025
Record DateWed, May 7, 2025
Credit of Rights EntitlementsThu, May 8, 2025
Bid/Offer Opens OnThu, May 15, 2025
Issue Open DateThu, May 15, 2025
Renunciation Last DateFri, May 23, 2025
Bid/Offer Closes OnWed, May 28, 2025
Issue Close DateWed, May 28, 2025
Deemed Date of AllotmentThu, May 29, 2025
Credit DateMon, Jun 2, 2025
Listing DateMon, Jun 2, 2025
📋 Right Issue Details
Issue Size (Shares)20,226,100
Issue Size (Amount)₹80.90 Cr.
Issue Price₹40.00 per share
Face Value₹2.00 per share
Entitlement Ratio10 : 121
Listing AtBSE, NSE
Terms of PaymentThe full amount of the Issue Price being ₹40/- will be payable on application.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-2024FY I
Income250.25225.22
EBITDA
Net Worth0.000.00
Reserves & Surplus0.000.00

Amount in ₹ Crore

🏢 About the Company
Avantel Limited is an Indian company that primarily manufactures and develops wireless and satellite communication products, defence electronics, and radar systems.They also offer software solutions and services, particularly for the aerospace and defense sectors>Avantel has a strong presence in the Indian market, providing indigenous solutions for defense platforms and other applications.
📞 Company Contact
CompanyAvantel Ltd.
AddressPlot No. 47/P, APIIC Industrial Park
Gambheeram (V), Anandapuram (M)
Visakhapatnam - 531163
Visakhapatnam, Andhra Pradesh, 531163
Phone918912850000
EmailInfo@avantel.in
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd
Phone8657578989/8069219065/8069219060
Emailrightsissue@bigshareonline.com
WebsiteVisit ↗