Avana Electrosystems
NSE SME₹2,36,000 / Individual : 4000 Shares
Avana Electrosystems IPO Details
The Avana Electrosystems IPO price band is set between ₹56-59 per equity share, with a face value of ₹10 per share. The issue is managed by Integrated Registry Management Services Pvt.Ltd., and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 12 Jan, 2026 and closes on 14 Jan, 2026. Investors can check the allotment status on 15 Jan, 2026, while the listing date is tentatively scheduled for 19 Jan, 2026.
The total issue size is 59,70,000 shares, aggregating up to ₹35.22 crore. Stay tuned for the latest Avana Electrosystems IPO review and GMP updates.
Avana Electrosystems IPO Review, Rating & Analysis
Avana Electrosystems IPO Review
NO REVIEWAvana Electrosystems IPO Rating
Avana Electrosystems IPO Highlights
IPO Date
Jan 12, 2026 - Jan 14, 2026
Listing Date
19 Jan, 2026
Face Value
₹10 Per Equity Share
Price Band
₹56-59 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Avana Electrosystems IPO Lot Size
The minimum market lot for Avana Electrosystems IPO is 4000 shares with an application amount of ₹2,36,000. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹2,36,000 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 4000 | ₹2,36,000 |
| S-HNI (Max) | 4 | 16000 | ₹9,44,000 |
| B-HNI (Min) | 5 | 20000 | ₹11,80,000 |
Avana Electrosystems IPO Timeline
Issue Price
₹56-59 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Integrated Registry Management Services Pvt.Ltd.Lead Manager
Indcap Advisors Pvt.Ltd.Issue Size
59,70,000 shares(aggregating up to ₹35.22 crore)Avana Electrosystems IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-25 | 49.42 | 62.93 | 8.31 | 21.80 | 21.01 | 5.69 |
| 31-Mar-24 | 38.07 | 53.26 | 4.02 | 13.49 | 12.69 | 9.27 |
| 31-Mar-23 | 28.52 | 28.59 | 0.92 | 9.46 | 8.67 | 7.33 |
In Cr.
Avana Electrosystems IPO Documents
Avana Electrosystems IPO Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-PE Pre IPO
-PE Post IPO
-ROE
47.11%ROCE
53.71%Debt Equity
0.13RoNW
38.13%PAT Margin
13.52%Price to Book Value
4.73Promoters & Share Holding
Promoter(s) Name
- Anantharamaiah Panish
- Gururaj Dambal
- S Vinod Kumar
- K N Sreenath
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.64% |
About Company
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 Panel
Numerical Protection Relays
Functioning Of Electromech
Substation Automation Panel
Test Relay Block and Test Plug
relay test block
As at August 31, 2025, it had 129 employees.
Avana Electrosystems IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit | - |
| To meet Working Capital requirements of the Company | - |
| General Corporate Purposes | - |
Company 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, 560058Phone: +91 80 4123 3386
Email: cs@avanaelectrosystems.com
Registrar Contact Details
Integrated Registry Management Services Pvt.Ltd
Phone: 044 - 28140801 to 28140803
Email: smeipo@integratedindia.in
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1
Frequently Asked Questions about Avana Electrosystems IPO
When will Avana Electrosystems IPO open for subscription?
The Avana Electrosystems IPO opens on 12 Jan, 2026 and closes on 14 Jan, 2026.
What is the investors portion for Avana Electrosystems IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Avana Electrosystems IPO?
You can apply for Avana Electrosystems IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Avana Electrosystems IPO?
The issue size of Avana Electrosystems IPO is approx ₹59,70,000 shares(aggregating up to ₹35.22 crore) crores.
What is the price band of Avana Electrosystems IPO?
The price band for Avana Electrosystems IPO is ₹56 to ₹59 per equity share.
What is the lot size of Avana Electrosystems IPO?
The minimum bid (lot size) for Avana Electrosystems IPO is 2000 shares with an investment of approx ₹2,36,000 .
What is the allotment date of Avana Electrosystems IPO?
The allotment date for Avana Electrosystems IPO is 15 Jan, 2026.
What is the listing date of Avana Electrosystems IPO?
The listing date for Avana Electrosystems IPO is expected to be 19 Jan, 2026.
What is the GMP of Avana Electrosystems IPO?
The latest Grey Market Premium (GMP) for Avana Electrosystems IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.