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HomeIPOAvana Electrosystems

About Avana Electrosystems

Avana Electrosystems Limited is a company incorporated in the year 2010 and is involved in the business of manufacturing customized Control and Relay Panels.Control Relay Panels from 11kv to 220kv for the following applications: Power System Monitoring Control Protection,Transmission Lines,Power Transformers,Bus Bar,Capacitor Bank,etc.It has two manufacturing facilities at Peenya Industrial Estate, Bengaluru, Karnataka, which exclusively concentrate on industrial manufacturing and engineering solutions.Product Portfolio:Indoor Type Control and Relay PanelNumerical Protection RelaysFunctioning Of ElectromechSubstation Automation PanelTest Relay Block and Test Plugrelay test blockAs at August 31, 2025, it had 129 employees.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Avana Electrosystems

Avana Electrosystems

Open Date

12 Jan 2026

Close Date

14 Jan 2026

listed

Min Investment

₹236000

Lot Size

4000 Shares

Issue Size

₹35.22 Cr

Price Range

₹56 - ₹59

Listing Date

Jan 20, 2026

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RHP PDF

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹9.5(+15.25%)GMP
16.1%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Avana Electrosystems IPO - Issue Objectives

The company will utilise ₹11.56 crore to set up an integrated manufacturing unit. The company will utilise ₹8.60 crore towards the working capital requirements Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

39.8%

Working capital

29.6%

General corporate purposes

30.6%

1

Capital expenditure

The company will utilise ₹11.56 crore to set up an integrated manufacturing unit.

39.80%
2

Working capital

The company will utilise ₹8.60 crore towards the working capital requirements

29.60%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

30.60%

IPO Subscription Status

QIB
54.97x
NII
219.37x
Total
131.89x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Avana Electrosystems

In Cr.

Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue36.2862.9353.2628.59
EBITDA7.6312.527.421.92
Expenses
Profit After Tax5.618.314.020.92
Assets53.9149.4238.0728.52
Net Worth27.4121.8013.499.46
Reserves9.9421.0112.698.67
Borrowing5.685.699.277.33

Avana Electrosystems - Promoter(s)

Anantharamaiah Panish

Gururaj Dambal

S Vinod Kumar

K N Sreenath

Pre Issue Share Holding

100%

Post Issue Share Holding

73.64%

Contact Details

Avana Electrosystems

No: 8, KAIDB, Lot No. 35, 1st Main Road, 2nd Phase, Peenya Industrial Area, Nelagadaranahalli Village, Peenya Small Industries Bangalore Metropolitan Region, Karnataka, 560058

+918041233386
cs@avanaelectrosystems.com
https://avanaelectrosystems.com/index-2.html

Registrar Contact Details

Integrated Registry Management Services Pvt.Ltd.

N/A
smeipo@integratedindia.in
https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1

Avana Electrosystems IPO - FAQs

Avana Electrosystems IPO is a SME IPO. The issue is priced at ₹56-59 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on 12 Jan, and closes on 14 Jan. Integrated Registry Management Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

IPO Timeline

  • Pre Apply2026-01-09
  • Bidding Starts2026-01-12
  • Bidding Ends2026-01-14
  • Allotment Finalisation2026-01-15
  • Release of Funds2026-01-16
  • Demat Transfer2026-01-16
  • Listing2026-01-19