Avana Electrosystems SME IPO Details, Financials, Valuation & Peers
Explore Avana Electrosystems SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Avana Electrosystems Limited, incorporated in 2010, specializes in the manufacturing of customized Control and Relay Panels. The company caters to the power sector, offering solutions for power system monitoring, control, and protection.
Their main products and services include Control and Relay Panels ranging from 11kV to 220kV, designed for applications such as Transmission Lines, Power Transformers, Bus Bars, and Capacitor Banks. They also provide Indoor Type Control and Relay Panels, Numerical Protection Relays, Electromechanical Relays, Substation Automation Panels, and Relay Test Blocks and Test Plugs. These offerings are suitable for both indoor and outdoor use, along with MV and LV Panels.
Avana Electrosystems operates two manufacturing units in Peenya Industrial Estate, Bengaluru, Karnataka.
Key highlights of the company include:
- Core Business: Manufacturing of customised Control and Relay Panels.
- Product Range: Offers panels from 11kV to 220kV for various power system applications.
- Manufacturing Capability: Operates two specialized manufacturing units.
- Competitive Strengths: Features strong customer relationships, a wide customer base, customisation capabilities, quality certifications, and an experienced management team.
- Workforce: As of August 31, 2025, the company had 129 employees.
Objects of the Issue
- Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit
- To meet Working Capital requirements of the Company
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 12 Jan - 14 Jan 2026 |
| IPO Price Band | ₹56 - ₹59 per share |
| Fresh Issue | 28.77 Cr |
| Offer For Sale | 4.68 Cr |
| Total IPO Size | 33.45 Cr |
| Face Value | 10 |
| Listing On | NSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Jan 2026 |
| IPO Closing Date | 14 Jan 2026 |
| Basis Of Allotment | 15 Jan 2026 |
| Refunds | 16 Jan 2026 |
| Demat Transfer | 16 Jan 2026 |
| IPO Listing Date | 20 Jan 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 30 Sep 2025 |
|---|---|---|---|---|
| Assets | 28.52 | 38.07 | 49.42 | 53.91 |
| Total Income | 28.59 | 53.26 | 62.93 | 36.28 |
| Profit After Tax | 0.92 | 4.02 | 8.31 | 5.61 |
| EBITDA | 1.92 | 7.42 | 12.52 | 7.63 |
| NET Worth | 9.46 | 13.49 | 21.80 | 27.41 |
| Reserves and Surplus | 8.67 | 12.69 | 21.01 | 9.94 |
| Total Borrowing | 7.33 | 9.27 | 5.69 | 5.68 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Aartech Solonics | 66.86 | 0.87 | 8.74% | 19.8 |
| Danish Power | 22.07 | 34.55 | 18% | 162.51 |
| Avana Electrosystems | 4.76 | 38.13% | 12.48 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 28,18,000 (47.20%) |
| Non-Institutional Investor (NII/HNI) | 8,64,000 (14.47%) |
| Retail Individual Investor (RII) | 19,88,000 (33.30%) |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 54.97 |
| Non-Institutional Investor (NII/HNI) | 219.02 |
| Retail Individual Investor (RII) | 137.52 |
| Total | 131.82 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- Indcap Advisors Pvt.Ltd.
Company Address
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, –560058
Website:https://avanaelectrosystems.com/
Phone:91 80 4123 3386
Email:cs@avanaelectrosystems.com
FAQs
- What is the issue size of the Avana Electrosystems SME IPO?The Avana Electrosystems SME IPO has an issue size of 33.45 Cr. This includes a fresh issue of 28.77 Cr and an offer for sale (OFS) of 4.68 Cr.
- What is the price band of the Avana Electrosystems IPO?The price band for the Avana Electrosystems IPO is ₹56 - ₹59 per share.
- What are the bidding dates for the Avana Electrosystems IPO?The Avana Electrosystems IPO will open for bidding on 12 Jan 2026 and close on 14 Jan 2026.
- What is the allotment date for the Avana Electrosystems IPO?The allotment date for the Avana Electrosystems IPO is 15 Jan 2026.
- What is the minimum lot size and investment required for the Avana Electrosystems IPO?The minimum lot size for the Avana Electrosystems IPO is 2000 shares and the minimum investment required is ₹1,18,000.
- What is the listing date for the Avana Electrosystems IPO?The listing date for the Avana Electrosystems IPO is 20 Jan 2026.
- What is the Avana Electrosystems IPO grey market premium?The grey market premium (GMP) for the Avana Electrosystems IPO is currently at ₹16, with an expected listing gain of approximately 27.12%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.