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Avana Electrosystems

Avana Electrosystems

Open Date

12 Jan 2026

Close Date

14 Jan 2026

listed

Min Investment

₹236000

Lot Size

4000 Shares

Issue Size

₹35.22 Cr

Price Range

₹56 - ₹59

Listing Date

Jan 20, 2026

IPO Doc

RHP PDF

About Avana Electrosystems

Avana Electrosystems Limited is a company incorporated in the year 2010 and is involved in the business of manufacturing customized Control and Relay Panels.Control Relay Panels from 11kv to 220kv for the following applications: Power System Monitoring Control Protection,Transmission Lines,Power Transformers,Bus Bar,Capacitor Bank,etc.It has two manufacturing facilities at Peenya Industrial Estate, Bengaluru, Karnataka, which exclusively concentrate on industrial manufacturing and engineering solutions.Product Portfolio:Indoor Type Control and Relay PanelNumerical Protection RelaysFunctioning Of ElectromechSubstation Automation PanelTest Relay Block and Test Plugrelay test blockAs at August 31, 2025, it had 129 employees.

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Revenue Growth

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Earning Expansion

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9.5(+15.25%)GMP
16.1%Prediction Listing Gain

Avana Electrosystems IPO - Issue Objectives

The company will utilise ₹11.56 crore to set up an integrated manufacturing unit. The company will utilise ₹8.60 crore towards the working capital requirements Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

39.8%

Working capital

29.6%

General corporate purposes

30.6%

1

Capital expenditure

The company will utilise ₹11.56 crore to set up an integrated manufacturing unit.

39.80%
2

Working capital

The company will utilise ₹8.60 crore towards the working capital requirements

29.60%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

30.60%

IPO Subscription Status

Retails
136.42x
QIB
54.97x
NII
219.22x

Financials of Avana Electrosystems

In Cr.

Revenue: ₹36.28

EBITDA: ₹7.63

Profit: ₹5.61

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue36.2862.9353.2628.59
EBITDA7.6312.527.421.92
Expenses
Profit After Tax5.618.314.020.92
Assets53.9149.4238.0728.52
Net Worth27.4121.8013.499.46
Reserves9.9421.0112.698.67
Borrowing5.685.699.277.33

Avana Electrosystems - Promoter(s)

Anantharamaiah Panish

Gururaj Dambal

S Vinod Kumar

K N Sreenath

Pre Issue Share Holding

100%

Post Issue Share Holding

73.64%

Contact Details

Avana Electrosystems

No: 8, KAIDB, Lot No. 35, 1st Main Road, 2nd Phase, Peenya Industrial Area, Nelagadaranahalli Village, Peenya Small Industries Bangalore Metropolitan Region, Karnataka, 560058

Registrar Contact Details

Avana Electrosystems IPO - FAQs

Avana Electrosystems IPO is a SME IPO. The issue is priced at ₹56-59 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on 12 Jan, and closes on 14 Jan. Integrated Registry Management Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.

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