Avana Electrosystems IPO Description –
Avana Electrosystems operates in the power systems equipment segment, with a focused presence in the design, manufacture and supply of control and relay panels and protection relays for electricity transmission and distribution networks.
The company manufactures customised Control and Relay Panels ranging from 11 kV to 220 kV for transmission lines, transformers, bus bars, capacitor banks and substation automation systems. These solutions are deployed across solar and wind power plants, conventional power generation facilities, transmission substations and electricity utilities. Its products are compliant with IEC standards and are compatible with modern SCADA-based substation automation architectures.
Avana Electrosystems operates two manufacturing units in Peenya Industrial Area, Bengaluru, with an aggregate covered area of approximately 12,500 sq. ft. Unit I has an installed capacity of 70,000 relays per annum, while Unit II has an installed capacity of 600 control and relay panels per annum. Both facilities are equipped with advanced testing, calibration and quality control infrastructure. As of 31 August 2025, the company employed 129 personnel across engineering, production and support functions.
Promoters of Avana Electrosystems – Anantharamaiah Panish, Gururaj Dambal, S Vinod Kumar and K N Sreenath
Table of Contents
Avana Electrosystems IPO Details
| Avana Electrosystems IPO Dates | 12 – 14 January 2026 |
| Avana Electrosystems Issue Price | INR 56 – 59 per share |
| Fresh Issue | 59,70,000 shares (INR 33.43 – 35.22 crore) |
| Offer For Sale | 10,00,000 shares (INR 5.60 – 5.90 crore) |
| Total IPO Size | 60,90,000 shares (INR 34.10 – 35.93 crore) |
| Minimum Bid | 4,000 shares (INR 2,24,000) |
| Lot Size | 2,000 shares (INR 1,12,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | NSE EMERGE |
Avana Electrosystems Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 28.41 | 52.99 | 61.49 | 35.75 |
| Expenses | 27.41 | 47.03 | 50.64 | 30.14 |
| Net income | 0.92 | 4.02 | 8.31 | 5.61 |
Avana Electrosystems Offer News
- Avana Electrosystems RHP
- Avana Electrosystems Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Avana Electrosystems Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.53 | 2.30 | 4.76 |
| PE ratio | – | – | 11.77 – 12.40 |
| RONW (%) | 9.75 | 29.84 | 38.13 |
| NAV | 5.42 | 7.72 | 12.48 |
| ROCE (%) | 15.31 | 40.02 | 53.71 |
| EBITDA (%) | 6.76 | 14.00 | 20.36 |
| Debt/Equity | 0.37 | 0.37 | 0.13 |
Avana Electrosystems IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| Coming soon | – | – |
Avana Electrosystems IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
Avana Electrosystems IPO Allotment Status
Avana Electrosystems IPO allotment status will be available on the website of Integrated Registry Management Services. Click on this link to get allotment status.
Avana Electrosystems IPO Dates & Listing Performance
| IPO Opening Date | 12 January 2026 |
| IPO Closing Date | 14 January 2026 |
| Finalization of Basis of Allotment | 15 January 2026 |
| Initiation of refunds | 16 January 2026 |
| Transfer of shares to demat accounts | 16 January 2026 |
| IPO Listing Date | 19 January 2026 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Avana Electrosystems Offer Lead Manager
INDCAP ADVISORS PRIVATE LIMITED
Suite 1201, 12th Floor, Aurora Waterfront, GN 34/1, Sector 5,
Salt Lake City, Kolkata – 700091, West Bengal, India
Tel: +91 33 4069 8001
Email: [email protected]
Website:www.indcap.in
Avana Electrosystems Offer Registrar
INTEGRATED REGISTRY MANAGEMENT SERVICES PRIVATE LIMITED
No 30 Ramana Residency, 4th Cross Sampige Road,
Malleswaram, Bengaluru – 560 003 Karnataka, India
Email: [email protected]
Tel No: +91 80 23460815/816/817/818
Avana Electrosystems Contact Details
AVANA ELECTROSYSTEMS LIMITED
Plot No. 35, 1st Main Road, 2nd Phase, Peenya Industrial Area,
Nelagadaranahalli Village, Bengaluru – 560 058, Karnataka, India
E-mail: [email protected]
Tel: +91 80 4123 3386
Website: www.avanaelectrosystems.com
IPO FAQs
What is the Avana Electrosystems offer size?
Avana Electrosystems’ offer size is INR 33.43 – 35.22 crores.
What is the Avana Electrosystems offer price band?
Avana Electrosystems’ public offer price is INR 56 – 59 per share.
What is the lot size of the Avana Electrosystems IPO?
Avana Electrosystems offer lot size is 2,000 shares.
What is the Avana Electrosystems IPO GMP today?
Avana Electrosystems IPO GMP today is INR NA per share.
What is the Avana Electrosystems kostak rate today?
Avana Electrosystems kostak rate today is INR NA per application.
What is the Avana Electrosystems IPO Subject to Sauda rate today?
Avana Electrosystems Subject to Sauda rate today is INR NA per application.