Avantel Rights Issue 2025 Details, Record Date, Issue Price

Avantel Rights Issue details are now available. The firm plans to issue 2,02,26,100 equity shares amounting to Rs 80.90 crores. Avantel Rights issue price is Rs 40 per share, and the face value is Rs 2 per share.

Avantel Rights Issue open date is May 15, 2025, and the close date is May 22, 2025. Avantel' rights issue entitlement ratio is 10:121, which is 10 Rights Equity Shares for every 121 fully paid-up Equity Shares held on the record date.

Avantel Rights Issue record date is May 7, 2025. The last date to buy shares of Avantel is May 6, 2025. Rights Issue subscription status will be available after the issue goes live.

Avantel Rights Issue Allotment date, Credit date and Listing date will be available soon. However, the listing will be on the BSE and NSE platforms.

Avantel Limited's registrar and the book-running lead manager(s) for this rights issue have not yet been disclosed.

Also Read | Alan Scott Industries Rights Issue 2025 Details, Record Date, Issue Price

Avantel Rights Issue Details

Avantel Rights Issue details are as follows: the company plans to issue 2,02,26,100 equity shares, aggregating the amount of Rs 80.90 crores. Avantel Rights issue price is Rs 40 per share. The rights issue entitlement ratio is 10:121, which is 10 Rights Equity Shares for every 121 fully paid-up equity share(s).

Avantel Rights Issue Dates

Avantel Rights issue record date is May 7, 2025, and the last date to buy shares of Avantel is May 7, 2025.

Avantel Rights Issue Subscription

Avantel Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 10 Rights Equity Share(s) for every 121 fully paid-up Equity Share(s) held on Record Date. Avantel issue price is Rs 40 per share.

Avantel Limited: About the Company

Avantel Limited, established in 1990, is an Indian technology company specializing in the design, development, and manufacturing of wireless and satellite communication products, defence electronics, radar systems, and network management software.

Headquartered in Hyderabad with an R&D facility in Vishakhapatnam, Avantel serves major clients in the aerospace and defence sectors, offering solutions such as software-defined radios, satellite communication equipment, HF communication systems, and embedded signal processing solutions.

The company also provides advanced engineering and testing facilities, supporting the development of RF and microwave subsystems for defence labs and public sector units.

Its innovative products and commitment to in-house research and development have positioned Avantel as a trusted technology partner for mission-critical communication and electronic systems in India.

Avantel Limited Financials (Amount in Rs crore)

Avantel Rights Issue Registrar

Avantel Limited's registrar and the book-running lead manager(s) for this rights issue have not yet been disclosed. 

FAQs

1. What are the details of the Avantel Rights Issue?

Avantel Rights Issue details are as follows: Avantel plans to issue 2,02,26,100 equity shares amounting to Rs 80.90 crores. Avantel Rights issue price is Rs 40 per share, and the face value is Rs 2 per share. The rights issue entitlement ratio is 10:121, which is 10 Rights Equity Share(s) for every 121 fully paid-up equity share(s).

2. Avantel Rights Issue open date and close date?

Avantel Rights Issue's open date is May 15, 2025, and the closing date is May 22, 2025. Avantel Rights Issue record date is May 7, 2025. The last date to buy shares of Avantel is May 6, 2025.

3. How can I apply for the Avantel Rights Issue?

You can apply for Avantel in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Avantel Rights Issue?

Avantel rights issue entitlement ratio is 10:121, which is 10 Rights Equity Share(s) for every 121 fully paid-up equity share(s).

5. How can I check the Avantel Issue Allotment Status?

The registrar for this upcoming rights issue is Purva Sharegistry India Pvt Ltd. Investors can check the allotment status by visiting the registrar's website.

6. From where can I get the Letter of Offer Avantel Rights issue?

You can download the Avantel Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Avantel Rights Issue?

The Avantel Rights Issue listing date will be available soon. However, the listing will be on the BSE and NSE.

8. Who are the registrar and lead managers of the Avantel Rights Issue?

Avantel Limited's registrar and the book-running lead manager(s) for this rights issue have not yet been disclosed.

Also Read | Growington Ventures India Rights Issue 2025 Details, Record Date, Issue Price