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IPO Synopsis


Anawil Wire and Engineering Ltd

Registered Office: Plot No.201 Office #.1 Virrant,Business Park GIDC Vapi Valsad, Pardi - 396191, Gujarat, India.
Phone : +91 90545 08244   Fax:
Email :  cs@anawilvapi.in  
Website :  www.anawilvapi.in

Initial public offer of 65,85,600 equity shares of face value of Rs. 10 each (the "Equity Shares") of Anawil Wire And Engineering Limited ("the Company" or "AWEL" or "the Issuer") at an offer price of Rs. 270 per equity share for cash, aggregating Rs. 177.81 Crores ("Public Offer") comprising of a fresh issue of 52,84,800 equity shares aggregating to Rs. 142.69 Crores (the "Fresh Issue") and an offer for sale of 13,00,800 equity shares by the promoter selling shareholders ("Offer For Sale") aggregating to Rs. 35.12 Crores comprising; 13,00,800 equity shares aggregating Rs. 35.12 Crores by Nimish Kumar Rameshchandra Vashi (refferd as "Promoter Selling Shareholder") out of which 3,31,200 equity shares of face value of Rs. 10 each, at an offer price of Rs. 270 per equity share for cash, aggregating Rs. 8.94 Crores was reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 62,54,400 equity shares of face value of Rs. 10 each, at an offer price of Rs. 270 per equity share for cash, aggregating Rs. 168.87 Crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute 26.34% and 25.02% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 270 per equity share of face value Rs. 10/- each. The floor price (Rs.270) is 27.00 times of the face value of the equity shares. Bids can be made for a minimum of 800 equity shares and in multiples of 400 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
03-Aug-26 05-Aug-26 270.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 800   Further Multiples of : 400
  Rs(Cr.) Lead Managers to the Issue
Project Cost 118.64 Hem Securities Limited
Project Financed through Current Offer 177.81  
Post Issue Equity Share Capital 25.00  
Issue Price 270.00  

Project

  • Repayment and/or pre-payment, in full or part, of borrowing availed by the Company
  • General corporate purposes

Promoted By

Nimish Kumar Rameshchandra Vas

Ayush Nimish Vashi

Bhavin Navinchandra Desai

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd