Avana Electrosystems IPO Details
| Detail | Description |
|---|---|
| IPO Date | 12 to 14 Jan, 2026 |
| Listing Date | Mon, Jan 19, 2026 |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 56 to ₹ 59 |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital & OFS |
| Total Issue Size | 59,70,000 shares (agg. up to ₹ 35 Cr) |
| Reserved for Market Maker | 3,00,000 shares (agg. up to ₹ 2 Cr) Asnani Stock Broker Pvt.Ltd. |
| Fresh Issue(Ex Market Maker) | (Ex Market Maker) 48,76,000 shares (agg. up to ₹ 29 Cr) |
| Offer for Sale | 7,94,000 shares of ₹10 (agg. up to ₹ 5 Cr) |
| Net Offered to Public | 56,70,000 shares(agg. up to ₹ 33 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,74,69,408 shares |
| Share Holding Post Issue | 2,26,45,408 shares |
About Avana Electrosystems IPO
Avana Electrosystem IPO is a book-building issue of ₹35.22 cr, which is a mix of a fresh issue of 0.52 cr and an offer for sale of 0.08 cr. The price band is set at ₹56 to ₹59 per share and the lot size for an application is 2,000. The minimum investment required by an individual investor is ₹2,36,000 (4,000 shares). The IPO opens for subscription on Jan 12, 2026 and closes on Jan 14, 2026. Their IPO will list on the NSE SME with a tentative listing date fixed as Jan 19, 2026.
Company Background
Avana Electrosystems Ltd. was incorporated in 2010. This company works in manufacturing customized Control and Relay Panels for power system monitoring, control and protection. They operate two manufacturing units in Peenya Industrial Estate, Bengaluru, with an aggregate covered area of approximately 12,500 sq. ft. Unit I has an installed capacity of around 70,000 protection relays per annum, while Unit II can produce about 600 control and relay panels annually, supported by in-house testing and calibration facilities. Its products (11 kV to 220 kV panels and relays) have been successfully supplied and commissioned across India and exported to other countries, reflecting strong market acceptance and engineering excellence.
Operations and Product Range
Facility and Production
This company operates two manufacturing units in Peenya Industrial Estate, Bengaluru, Karnataka, specializing in customized Control and Relay Panels. The units are equipped with advanced machinery and in-house testing facilities, enabling production of MV/LV panels, protection relays, substation automation systems and related electrical control products for indoor and outdoor applications.
Brands and Market Presence
This company serves the power and industrial sectors, providing customized solutions for transmission lines, transformers, bus bars and capacitor banks. Their brand presence has made them a wide customer base and strong client relationships. Avana has established a significant presence across India, catering to utilities, industrial clients and private power companies.
Revenue Channels
- • Sales of products in both the domestic and international markets.
- • Customised solutions to meet the requirements of the clients.
- • B2B sales; supplying bulk products.
Management and Shareholding
Promoters and Shareholding
The promoters and shareholders of this company are experts and experienced in their work. They provide strategic direction, operational guidance and drive technological advancement in the company’s product offerings. Their combined experience and strategic oversight ensure operational efficiency, innovation and long-term growth.
Board Members
Avana’s board members contain five directors only, but they are experts in electrical engineering, industrial manufacturing and corporate governance. The board members of this company aim to expand market reach, enhance product innovation and maintain high-quality standards. Each member contributes in the company's strategic planning, operational oversight, customer relationship management and R&D guidance, steering the company toward sustainable growth.
Avana Electrosystem IPO Proceeds
- • Capital investment in internal electric and plumbing work to set up the new manufacturing unit.
- • Meeting the capital requirements of the company.
- • General corporate expenses.
Conclusion
The Avana Electrosystem IPO provides an opportunity for investors to invest in a growing company. This company offers control and relay panels ranging from 11kV to 220kV for different purposes, like power transformers, Bus bars, etc. This company has managed its position in the market since 2010. Their team includes experienced promoters and a senior management team. Avana Electrosystem Ltd. has established a PAN India reach by providing specialized industrial production and advanced engineering solutions.
Avana Electrosystems IPO Financial Information
Latest Revenue
36.28
₹ Crore
Profit After Tax
5.61
₹ Crore
Net Worth
27.41
₹ Crore
Total Borrowing
5.68
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 53.91 | 36.28 | 5.61 | 27.41 | 9.94 | 5.68 | |||
| 31 Mar 2025 | 49.42 | 62.93 | 8.31 | 21.80 | 21.01 | 5.69 | |||
| 31 Mar 2024 | 38.07 | 53.26 | 4.02 | 13.49 | 12.69 | 9.27 | |||
| 31 Mar 2023 | 28.52 | 28.59 | 0.92 | 9.46 | 8.67 | 7.33 | |||
| Amount in ₹ Crore | |||||||||
Avana Electrosystems Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 47.11% |
| ROCE | 53.71% |
| Debt/Equity | 0.13 |
| RoNW | 38.13% |
| PAT Margin | 13.52% |
| EBITDA Margin | 20.36% |
| Price to Book Value | 4.73 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.76 | 3.67 |
| P/E (x) | 12.4 | 16.07 |
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Competitive Strengths
Strong network in the market and a broader customer base
High-quality products
Experienced promoters & management
PAN India Reach
Download regulatory filings
Avana Electrosystems IPO Timeline
| IPO Open Date | Mon, Jan 12, 2026 |
| IPO Close Date | Wed, Jan 14, 2026 |
| Tentative Allotment | Thu, Jan 15, 2026 |
| Initiation of Refunds | Fri, Jan 16, 2026 |
| Credit of Shares to Demat | Fri, Jan 16, 2026 |
| Tentative Listing Date | Mon, Jan 19, 2026 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,36,000 |
| Individual investors (Retail) (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 |