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Company Contact Information
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.
IPO Details
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
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
Post Issue Equity Share Capital 5.15
Issue Price ₹50.00
Projects
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
Promoted By
A Venkateshwara Rao
A Vidyasagar
A Sarada
Listing At
Listing At
Bangalore
Hyderabad
Registrar to the Issue
Registrar to the Issue
Karvy Computershare Pvt Ltd

INDIAN INDICES

Sensex

72,621.40 1,028.16 (1.44%)

Nifty

22,544.40 312.60 (1.41%)

GLOBAL INDICES

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NASDAQ
HANG SENG

24,160.15 374.35(1.57%)