Avana Electrosystems Limited IPO
Avana Electrosystems Limited IPO
SME NSE SME Closed

Price Band

₹56 - ₹59

Total Issue

₹35 Cr

Bid Dates

12 Jan - 14 Jan

Subscription

131.82x

Listing Price

₹77.5 (31.36%)

Website RHP Check Allotment

Valuation

Market Cap

₹133.61 Cr

P/E Ratio

12.39x

P/B Ratio

4.73x

Avana Electrosystems IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Avana Electrosystems is engaged in the manufacturing of customized control and relay panels ranging from 11 kV to 220 kV, designed for power system monitoring, control and protection applications. Its product offerings cater to transmission lines, power transformers, bus bars, capacitor banks and substations, and are suitable for both indoor and outdoor installations, including medium-voltage and low-voltage panels. The Company also provides protection relays and substation automation systems that support efficient transmission and distribution of electrical power across various industries. In addition, Avana Electrosystems manufactures electrical relays used to detect system faults by analysing electrical parameters and initiating protective actions to safeguard equipment. Broadly, the Company’s operations are focused on the manufacture of (i) control and relay panels and (ii) relays.

Lots & IPO Size

Avana Electrosystems IPO Lot Size

Lot Information for Avana Electrosystems IPO
Category Lots Shares Amount
Ind (Min) 2 4,000 ₹2,36,000
Ind (Max) 2 4,000 ₹2,36,000
S-HNI (Min) 3 6,000 ₹3,54,000
S-HNI (Max) 8 16,000 ₹9,44,000
B-HNI (Min) 9 18,000 ₹10,62,000
Allocate Funds
Market Maker
3,00,000 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Avana Electrosystems IPO Size

Total ₹35 Cr
Fresh Issue
₹31 Cr (0.52 Cr Shares)
Offer For Sale
₹5 Cr (0.08 Cr Shares)

Objects of Issue

  1. Capital expenditure for civil construction, electrical, & plumbing works to set up an integrated manufacturing unit
  2. To meet Working Capital requirements of the Company
  3. General Corporate Purposes

Avana Electrosystems IPO Live Subscription

Updated as on 14-Jan-2026 19:00:20 hrs

Category Sub (x) Offered Bids
QIB 54.97x 11,28,000 6,20,06,000
NII 219.02x 8,64,000 18,92,32,000
bHNI 258.08x 5,76,000 14,86,54,000
sHNI 140.90x 2,88,000 4,05,78,000
Individual 137.52x 19,88,000 27,33,92,000
Total 131.82x 39,80,000 52,46,30,000

Avana Electrosystems IPO Details Live GMP

GMP ₹12
Est. Price ₹71
Est. Gain 20.34%

Avana Electrosystems IPO Peer Comparison

(Rs. in crores)

Avana Electrosystems IPO Peer Comparison Table
Particulars Avana Electrosystems Danish Power Aartech Solonics
Revenue 61.49 426.71 36.35
PAT 8.31 57.59 2.76
EPS (₹) 4.76 34.55 0.87
NAV (₹) 12.48 162.51 19.80
RONW 38.13% 18% 8.74%
EBITDA 20.36% 19.40% -0.53%
PAT Mrgn 13.52% 13.50% 7.60%
PE Ratio 12.39 22.07 66.86

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 29th, 2025 for Peers

Avana Electrosystems IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Avana Electrosystems IPO
Particulars Sep-25 Mar-25 Mar-24 Mar-23
Revenue 35.75 61.49 52.99 28.41
PAT 5.61 8.31 4.02 0.92
Net Worth 27.41 21.80 13.49 9.46
Borrowings 5.68 5.69 9.27 7.33
Assets 53.91 49.42 38.07 28.52
NAV (₹) 15.69 12.48 7.72 5.42
EPS (₹) 3.21 4.76 2.30 0.53

Key Performance Indicators (KPIs)

EBITDA

20.36%

PAT

13.52%

ROE

47.11%

ROCE

53.71%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

100.01%

Public

-0.01%

Anantharamaiah Panish 25.43%
S Vinod Kumar 23.72%
Gururaj Dambal 25.43%
K N Sreenath 25.43%

Management

Anantharamaiah Panish
MD
Ravi Kumar S
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Avana Electrosystems Limited

Address: No: 8, KIADB, Plot No. 35, 1st Main Road, 2nd Phase, Peenya Industrial Area, Nelagadaranahalli Village, Peenya Small Industries, Bengaluru – 560 058, Karnataka, India

Number: +91 80 4123 3386

Email: cs@avanaelectrosystems.com

Website: avanaelectrosystems.com

Frequently Asked Questions (FAQs)

What is Avana Electrosystems IPO?
Avana Electrosystems IPO is a SME IPO having an issue size of ₹35 Crs. Avana Electrosystems IPO is priced at ₹56 - ₹59 per share. The issue opens on 12 Jan 26 and closes on 14 Jan 26.
When will Avana Electrosystems IPO open?
Avana Electrosystems IPO opens on 12 Jan 26 and closes on 14 Jan 26.
What is the GMP of Avana Electrosystems IPO?
The estimated Grey Market Premium of Avana Electrosystems IPO is ₹12 per share (20.34%).
What is the lot size of Avana Electrosystems IPO?
The minimum lot size of Avana Electrosystems IPO is 2000 shares & the minimum application amount is Rs. 118000.
When is the allotment of Avana Electrosystems IPO?
The allotment date of Avana Electrosystems IPO is 16 Jan 26.
What is the listing date of Avana Electrosystems IPO?
The listing date of Avana Electrosystems IPO is 20 Jan 26.
What is the subscription of Avana Electrosystems IPO?
Avana Electrosystems IPO is subscribed 131.82 times.
What is the price band of Avana Electrosystems IPO?
Avana Electrosystems IPO is priced at ₹56 - ₹59 per share.
How to check allotment status of Avana Electrosystems IPO?
Click the allotment link on Avana Electrosystems IPO page of IPO360.
How to apply Avana Electrosystems IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Avana Electrosystems IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Avana Electrosystems IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Avana Electrosystems IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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