Avana Electrosystems – IPO
Avana Electrosystems – IPO Details
| IPO Date | January 12, 2026 to January 14, 2026 |
| Listing Date | January 19, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 56 to ₹ 59 / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | 59,70,000 shares (Aggregating up to ₹35 Cr) |
| Fresh Issue | (Ex Market Maker)48,76,000 shares (Aggregating up to ₹29 Cr) |
| Offer for Sale | 7,94,000 shares of ₹10 (Aggregating up to ₹5 Cr) |
| Employee Discount | |
| 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 |
| Market Maker portion |
Avana Electrosystems Timeline (Tentative Schedule)
Avana Electrosystems IPO opens on January 12, 2026, and closes on January 14, 2026.
| IPO Open Date | January 12, 2026 |
| IPO Close Date | January 14, 2026 |
| Basis of Allotment | January 15, 2026 |
| Initiation of Refunds | January 16, 2026 |
| Credit of Shares to Demat | January 16, 2026 |
| Listing Date | January 19, 2026 |
| Cut-off time for UPI mandate confirmation | January 14, 2026 |
Avana Electrosystems IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | Rs.236,000 |
| Retail (Max) | 2 | 4,000 | Rs.236,000 |
| S-HNI (Min) | 3 | 6,000 | Rs.354,000 |
| S-HNI (Max) | 8 | 16,000 | Rs.944,000 |
| B-HNI (Min) | 9 | 18,000 | Rs.1,062,000 |
| HNI (Min) |
Avana Electrosystems IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | ,73.64% |
Avana Electrosystems IPO Reservation
Avana Electrosystems IPO offers a total of 59,70,000 shares. Out of which 28,18,000 (47.20%) allocated to QIB, 11,28,000 (18.89%) allocated to QIB (Ex- Anchor), 8,64,000 (14.47%) allocated to NII, 19,88,000 (33.30%) allocated to RI,I and 16,90,000 (28.31%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 16,90,000 (28.31%) |
|
| Market Maker Shares Offered | 3,00,000 (5.03%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 28,18,000 (47.20%) |
|
| NII (HNI) Shares Offered | 8,64,000 (14.47%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 19,88,000 (33.30%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 59,70,000 (100.00%) |
Avana Electrosystems IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | 16,90,000 |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Avana Electrosystems
Incorporated in 2010, Avana Electrosystems Limited is engaged in the manufacturing of customised Control and Relay Panels.
The company offers Control and Relay Panels ranging from 11kv to 220kv for Power System Monitoring, Control and Protection Applications, Transmission Lines, Power Transformers, Bus Bar, Capacitor Bank, etc, for both indoor and outdoor usage, MV and LV Panels, Protection Relays, and Substation Automation Systems.
The company operates two manufacturing units in Peenya Industrial Estate, Bengaluru, Karnataka, specializing in industrial production and advanced engineering solutions.
Product Portfolio:
- Indoor Type Control and Relay Panel
- Numerical Protection Relays
- Electromechani cal Relays
- Substation Automation Panel
- Relay Test Block and Test Plug
As on August 31, 2025, the company had 129 employees.
Competitve Strengths:
- Strong customer relationships and wide customer base
- Customisation & Multi
- Quality Standard Certifications & Quality Tests
- Experienced Promoters and Senior Management Team
- Geographical reach
Key Performance Indicator
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 47.11% |
| ROCE | 53.71% |
| Debt/Equity | 0.13 |
| RoNW | 38.13% |
| P/BV | 4.73 |
| PAT Margin (%) | 13.52% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.76 | 3.67 |
| P/E (x) | 12.4 | 16.07 |
Note:
- The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 202,5 available in RHP.
Objects of the Issue (Avana Electrosystems IPO Objectives)
Avana Electrosystems Contact Details
Avana Electrosystems Ltd. No 8, KAIDB, lot No. 35, 1st Main Road, 2nd Phase, Peenya Industrial Area, Nelagadaranahalli Village, Peenya Small Industries Bangalore Metropolitan Region, Karnataka, 560058
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Avana Electrosystems IPO Registrar
Integrated Registry Management Services Pvt.Ltd.
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