Avana Electro systems IPO is a book build issue of 60,90,000 shares [₹35.22 crore]. The issue is a combination of a fresh issue of 50,90,000 shares [₹30.03 crore] and an offer for sale of 10,00,000 shares [₹5.90 crore].
The Avana Electrosystems IPO will open on January 12, 2026, and close on January 14, 2026. The price band for the IPO is fixed at ₹56 to ₹59 per share. The minimum application size is 2 lot [4,000 shares], requiring a retail investor to invest at least ₹2,36,000 [based on the upper price band].
Avana Electrosystems IPO Details
| Open Date | January 12, 2026 |
| Close Date | January 14, 2026 |
| Issue Type | Book Building Issue |
| Face Value | ₹10 Equity Share |
| Price Band | ₹56 – ₹59 Per Share |
| Listing On | NSE, SME |
| Issue Size | ₹35.22 Cr. [60,90,000 Shares] |
| Fresh Issue | ₹30.03 Cr. [50,90,000 Shares] |
| Offer For Sale | ₹5.9 Cr. [10,00,000 Shares] |
| Prospectus | DRHP | RHP | Anchor Investors |
Avana Electrosystems IPO Anchor Investors Details
| Anchor Bid Date | January 09, 2026 |
| Anchor Portion Size | ₹- Cr. |
| Share Offered | — Shares |
| Anchor lock-in period end date for 50% shares [30 Days] | — |
| Anchor lock-in period end date for remaining shares [90 Days] | — |
Avana Electrosystems IPO Reservation
A total of 60,90,000 shares are on offer in the Avana Electrosystems IPO, of which 30,45,000 shares have been allotted to QIBs, 9,13,500 shares to NIIs, and 21,31,500 shares to RIIs.
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 50.00% | 30,45,000 |
| NII | 15.00% | 9,13,500 |
| RII | 35.00% | 21,31,500 |
| Total | 100.00% | 60,90,000 |
Avana Electrosystems IPO Market Lot
Retail investors can apply for the Avana Electrosystems IPO with a minimum & maximum of 2 lot of 4,000 shares for an application amount of ₹2,36,000.
| Application | Lot | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ₹2,36,000 |
| Retail Maximum | 2 | 4,000 | ₹2,36,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,54,000 |
| S-HNI Maximum | 8 | 16,000 | ₹9,44,000 |
| B- HNI Minimum | 9 | 18,000 | ₹10,62,000 |
Key Performance Indicator
| KPI [March 31, 2025] | Value |
| Market Capitalisation | ₹133.61 Crore |
| P/E Ratio | 12.40x |
| EPS | ₹4.76 |
| ROE | 47.11% |
| ROCE | 53.71% |
| RoNW | 38.13% |
| Dept/Equity | 0.13 |
| EBITDA Margin | 20.36% |
| PAT Margin | 13.52% |
| Net Assets Value | ₹12.48 |
| Price To Book Value | ₹4.73 |
Avana Electrosystems IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| Danish Power Limited | 30.18x | ₹34.55 | 18.00% | ₹162.51 |
| Aartech Solonics Limited | 73.86x | ₹0.87 | 8.74% | ₹19.80 |
Avana Electrosystems IPO Dates
Avana Electrosystems IPO open for subscription January 12, 2026, and close date on January 14, 2025. The allotment will be finalized on January 15, 2026, and the IPO listing on January 19, 2026.
| Open Date | January 12, 2026 |
| Close Date | January 14, 2026 |
| Allotment Date | January 15, 2026 |
| Refund Date | January 16, 2026 |
| Share Credit Date | January 16, 2026 |
| Listing Date | January 19, 2026 |
Avana Electrosystems Company Financial Report
Avana Electrosystems Limited income grew by 18.00% and profit after tax grew by 107.00% between the financial years ending March 31, 2025 and March 31, 2024.
| Period Ended | Total Assets | Total Income | Total Expenses | Net Worth | Profit After Tax | EBITDA | Reserves And Surplus | Total Borrow |
|---|---|---|---|---|---|---|---|---|
| March 2025 | ₹49.42 Cr. | ₹62.93 Cr. | ₹50.64 Cr. | ₹21.80 Cr. | ₹8.31 Cr. | ₹12.52 Cr. | ₹21.01 Cr. | ₹5.69 Cr. |
| March 2024 | ₹38.07 Cr. | ₹53.26 Cr. | ₹47.03 Cr. | ₹13.49 Cr. | ₹4.02 Cr. | ₹7.42 Cr. | ₹12.69 Cr. | ₹9.27 Cr. |
| March 2023 | ₹28.52 Cr. | ₹28.59 Cr. | ₹27.41 Cr. | ₹9.46 Cr. | ₹0.92 Cr. | ₹1.92 Cr. | ₹8.67 Cr. | ₹7.33 Cr. |
Company Promoters
- Anantharamaiah Panish
- Gururaj Dambal
- S Vinod Kumar
- K N Sreenath
| Holding Pre Issue | 100.00% | 1,74,69,408 Shares |
| Holding Post Issue | 73.64% | 2,26,45,408 Shares |
Avana Electrosystems IPO Lead Managers
- Indcap Advisors Private Limited
Avana Electrosystems IPO Registrar
Integrated Registry Management Services Private Limited
Address: No 30 Ramana Residency, 4th Cross Sampige Road, Malleswaram, Bengaluru – 560 003
Karnataka, India
Telephone: +91 80 23460815/816/817/818
Email: smeipo@integratedindia.in
Website: https://www.integratedregistry.in/
Note: Check Avana Electrosystems IPO Allotment Status Visit IPO Investors Allotment Page And Search Your Registrar IPO Allotment Status Link. Click Here…
About Avana Electrosystems Limited
Avana Electrosystems Limited, incorporated in the year 2010, is a specialized manufacturer of customized Control and Relay Panels catering to the evolving needs of the power and electrical infrastructure sector. Since its inception, the company has focused on delivering engineered solutions that support reliable power system monitoring, control, and protection across a wide range of applications.
The company offers an extensive range of Control and Relay Panels designed for voltage levels from 11 kV to 220 kV. These panels are used in critical power system components such as transmission lines, power transformers, bus bars, capacitor banks, and substations. Avana Electrosystems provides solutions suitable for both indoor and outdoor installations, covering medium voltage (MV) and low voltage (LV) panels, protection relays, and advanced substation automation systems, ensuring high operational safety and efficiency.
Avana Electrosystems operates two well-equipped manufacturing units located in the Peenya Industrial Estate, Bengaluru, Karnataka. These facilities are designed to support industrial-scale production while maintaining precision engineering standards. The company’s manufacturing infrastructure enables it to deliver customized solutions while adhering to strict quality and performance benchmarks.
The product portfolio of the company includes indoor-type Control and Relay Panels, numerical protection relays, electromechanical relays, substation automation panels, as well as relay test blocks and test plugs. This diverse product range allows Avana Electrosystems to serve multiple segments of the power industry with reliable and application-specific solutions.
As of August 31, 2025, the company employed 129 professionals who contribute to its engineering, manufacturing, quality control, and project execution capabilities. A skilled workforce plays a key role in ensuring timely delivery and consistent product quality.
The competitive strengths of Avana Electrosystems Limited include its strong and long-standing customer relationships supported by a wide customer base. The company’s ability to offer customized solutions, compliance with recognized quality standards, and rigorous quality testing processes further strengthen its market position. Additionally, the experience of its promoters and senior management team, along with its expanding geographical reach, enhances its capability to serve clients across different regions effectively.
Objects Of The Issue
- Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit (₹11.55 Crore)
- To meet Working Capital requirements of the Company (₹8.40 Crore)
- General Corporate Purposes
Company Address
Avana Electrosystems Limited
Address: No: 8, KAIDB, lot No. 35, 1st Main Road, 2nd Phase, Peenya Industrial Area, Nelagadaranahalli Village, Peenya Small Industries
Bangalore Metropolitan Region, Karnataka, 560058
Telephone: 91 80 4123 3386
Email: cs@avanaelectrosystems.com
Website: https://avanaelectrosystems.com/
Avana Electrosystems IPO FAQs
What is Avana Electrosystems IPO?
Avana Electrosystems IPO is a SME IPO of 60,90,000 equity shares of the face value of ₹10 aggregating up to ₹35.22 Crores. The IPO issue priced at ₹56 to ₹59 per share.
What are the open and close dates of the Avana Electrosystems IPO?
The IPO will open on January 09, 2026 and will close on January 13, 2026.
What is the price band for Avana Electrosystems IPO?
The price band for the IPO is fixed at ₹56 to ₹59 per share.
What is the issue size of the Avana Electrosystems IPO?
The total issue size of the IPO is ₹35.22 Cr., comprising both fresh issue and offer for sale (if applicable).
What is Avana Electrosystems IPO Minimum and Maximum Lot Size?
The minimum bid is 2 Lot, 4,000 Shares with ₹2,36,000 amount while the maximum bid is 2 Lot, 4,000 shares with ₹2,36,000 for the IPO.
What is Avana Electrosystems IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35% for the IPO.
When will the basis of allotment for the Avana Electrosystems IPO be finalized?
The Avana Electrosystems IPO allotment is expected to be finalized on January 15, 2026.
When will the shares of Avana Electrosystems IPO get listed?
The IPO shares are expected to be listed on the NSE and SME on January 19, 2026.
Is the Avana Electrosystems IPO a good investment?
Investment decisions depend on an individual’s financial goals and risk profile. It is advised to consult with a SEBI-registered financial advisor before making any investment decision.
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This content has been researched and written by IPO Investors Team…
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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