Canarys Automations Ltd
Registered Office: # 566&567 2nd Flr 30th Main Rd,Attimabbe Rd Banasha.3rd Stage , Bengaluru - 560085 , Karnataka , India.
Phone : +91-98458 62780   Fax:
Email :  nagashree.hegde@ecanarys.com  
Website :  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 Rs31/- per equity share for cash, aggregating to Rs47.03 crores ("Public Issue") out of which 7,60,000 equity shares of face value of Rs2/- each, at an issue price of Rs31/- per equity share for cash, aggregating Rs2.36 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 Rs2/- each, at an issue price of Rs31/- per equity share for cash, aggregating Rs44.67 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 Rs2 each. the issue price is Rs31 per equity share which is 15.5 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Sep-23 03-Oct-23 Rs31.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000
  Rs. 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 solutionsFunding working capital requirements of the company
Creation of new delivery centre including infrastructure thereof and upgrading existing facilitiesGeneral corporate purposes
Promoted By Listing At Registrar to the Issue
Metikurke Ramaswamy Raman Subb Danavadi Krishnamurthy Arun Raghu Chandrashekhariah NSE - SME
No Data Found.