AVANA ELECTROSYSTEMS LIMITED SME
₹ 56 - ₹ 59
12-Jan-2026 - 14-Jan-2026
₹ 118000.00

/ 2000 Shares

AVANA ELECTROSYSTEMS LIMITED SME

12-Jan-2026 - 14-Jan-2026

₹ 56 - ₹ 59

Price Band

₹ 118000.00

Minimum Investment

2000

Bid Lot

5,970,000

Shares

IPO Details

IPO Timeline

  • Open Date

    12-Jan-2026
  • Close Date

    14-Jan-2026
  • Basis of Allotment Date

    15-Jan-2026
  • Initiation of Refunds

    16-Jan-2026
  • Credit Shares to Demat A/c

    16-Jan-2026
  • IPO Listing Date

    19-Jan-2026

Subscription as on
14-Jan-2026 16:01

Category Book Size Subscription No. of Times
QIB 1,194,000 ₹ 7.04 Cr. 62,006,000 ₹ 365.84 Cr. 51.93x
HNI 895,500 ₹ 5.28 Cr. 40,258,000 ₹ 237.52 Cr. 44.96x
RETAIL 2,089,500 ₹ 12.33 Cr. 267,728,000 ₹ 1579.60 Cr. 128.13x
Total 4,179,000 369,992,000 88.54x
Category Book Size Subscription No. of Times
QIB 1,194,000 ₹ 7.04 Cr. 62,006,000 ₹ 365.84 Cr. 51.93x
HNI 895,500 ₹ 5.28 Cr. 40,258,000 ₹ 237.52 Cr. 44.96x
RETAIL 2,089,500 ₹ 12.33 Cr. 267,728,000 ₹ 1579.60 Cr. 128.13x
Total 4,179,000 369,992,000 88.54x

*Excluding Anchor

Total No. of Application Approx : ~66932 (64.11 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

Incorporated in 2010, Avana Electrosystems Limited is engaged in 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.

Read More

Strengths

  • Strong customer relationships and wide customer base
  • Customisation & Multi
  • Quality Standard Certifications & Quality Tests
  • Experienced Promoters and Senior Management Team
  • Geographical reach

Company Promoters

Company Financials

Avana Electrosystems Ltd.'s revenue increased by 18% and profit after tax (PAT) rose by 107% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 49.42 38.07 28.52
Total Income 62.93 53.26 28.59
Profit After Tax 8.31 4.02 0.92
EBITDA 12.52 7.42 1.92
NET Worth 21.80 13.49 9.46
Reserves and Surplus 21.01 12.69 8.67
Total Borrowing 5.69 9.27 7.33
Amount in ? Crore

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (? Cr.)
1 Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit 11.55
2 To meet Working Capital requirements of the Company 8.40
3 General Corporate Purposes

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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