Avana Electrosystems IPO
Avana Electrosystems IPO Details
-
Open Date
12 Jan 2026
-
Close Date
14 Jan 2026
-
Listing Date
19 Jan 2026
- IPO Price Range
₹ 56 to ₹59
- IPO Size
₹ 35 Cr
- Listing Exchange
NSE SME
Avana Electrosystems IPO Timeline
Avana Electrosystems IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 12-Jan-2026 | 0.00 | 0.30 | 0.13 | 0.13 |
Last Updated: 12 January 2026 10:36 AM by 5paisa
Avana Electrosystems Limited, launching a ₹35 Cr IPO, is engaged in manufacturing customised control and relay panels for power system monitoring, control and protection applications. Its product range includes control and relay panels from 11 kV to 220 kV, MV and LV panels, protection relays and substation automation systems, designed for indoor and outdoor use. The company operates two manufacturing facilities in Peenya Industrial Estate, Bengaluru, Karnataka.
Established in: 2010
Managing Director: Anantharamaiah Panish
Peers:
Danish Power Limited
Aartech Solonics Limited
Avana Electrosystems Objectives
1. The company will invest ₹11.55 crore in civil construction.
2. ₹8.40 crore will support the company’s working capital needs.
3. Remaining funds will be used for general corporate purposes.
Avana Electrosystems IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹35 Cr |
| Offer For Sale | ₹5 Cr |
| Fresh Issue | ₹29 Cr |
Avana Electrosystems IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 2,24,000 |
| Retail (Max) | 2 | 4,000 | 2,36,000 |
| S-HNI (Min) | 3 | 6,000 | 3,36,000 |
| S-HNI (Max) | 8 | 16,000 | 9,44,000 |
| B-HNI (Min) | 9 | 18,000 | 10,08,000 |
Avana Electrosystems IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.00 | 11,28,000 | 0 | 0 |
| Non-Institutional Buyers | 0.30 | 8,64,000 | 2,60,000 | 1.534 |
| bNII (bids above ₹10L) | 0.44 | 5,76,000 | 2,52,000 | 1.487 |
| sNII (bids below ₹10L) | 0.03 | 2,88,000 | 8,000 | 0.047 |
| Individual Investors (IND category bidding for 2 Lots) | 0.13 | 19,88,000 | 2,64,000 | 1.558 |
| Total** | 0.13 | 39,80,000 | 5,24,000 | 3.092 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 28.41 | 52.99 | 61.49 |
| EBITDA | 1.92 | 7.42 | 12.52 |
| PAT | 0.92 | 4.02 | 8.31 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 28.52 | 38.07 | 49.42 |
| Share Capital | 0.79 | 0.79 | 0.79 |
| Total Liabilities | 28.52 | 38.07 | 49.42 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | -0.32 | 0.95 | 6.77 |
| Net Cash Generated From / (used in) Investing Activities | -1.19 | -1.10 | -0.74 |
| Net Cash Generated From / (used in) Financing Activities | 2.31 | 0.83 | -4.50 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.80 | 0.68 | 1.52 |
Strengths
1. Expertise in customised control and relay panels
2. Wide voltage range from 11 kV to 220 kV
3. Established manufacturing base in Bengaluru industrial hub
4. Strong capabilities in protection and automation systems
Weaknesses
1. High dependence on power infrastructure sector demand
2. Limited geographic presence outside domestic market
3. Capital-intensive manufacturing and project execution model
4. Revenue concentration in customised project-based orders
Opportunities
1. Rising investment in transmission and distribution networks
2. Growing adoption of substation automation solutions
3. Expansion opportunities in renewable energy infrastructure projects
4. Potential entry into export and overseas markets
Threats
1. Intense competition from established electrical equipment players
2. Volatility in raw material and component prices
3. Project delays due to regulatory and approval challenges
4. Rapid technological changes impacting existing product lines
1. Strong presence in growing power infrastructure segment
2. Diverse product range across critical power applications
3. Established manufacturing units with engineering expertise
4. Potential to benefit from rising grid modernisation investments
Avana Electrosystems operates in the expanding power infrastructure sector, supplying customised control and relay panels, protection relays and automation systems. With increasing investments in transmission, distribution and substation modernisation, demand for advanced power system solutions is rising. The company’s strategic Bengaluru manufacturing base and diversified product range position it well to capitalise on electrification and grid upgrading trends across India and emerging markets.
- Companies
- Type
- Opening On
Indo SMC
-
GRE Renew Enertech
- SME
- 13th Jan
- Pre-Book
-
Amagi Media Labs
- Mainboard
- 13th Jan
- Pre-Book
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
Avana Electrosystems IPO opens from January 12, 2026 to January 14, 2026.
The size of Avana Electrosystems IPO is ₹35 Cr.
The price band of Avana Electrosystems IPO is fixed at ₹56 to ₹59 per share.
To apply for Avana Electrosystems IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Stanbik Agro. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Avana Electrosystems IPO is of 4,000 shares and the investment required is ₹2,24,000.
The share allotment date of Avana Electrosystems IPO is January 15, 2026
The Avana Electrosystems IPO will likely be listed on January 19, 2026.
Indcap Advisors Pvt.Ltd is the book running lead managers for Avana Electrosystems IPO.
Avana Electrosystems IPO plans to utilise the raised capital from the IPO for:
1. The company will invest ₹11.55 crore in civil construction.
2. ₹8.40 crore will support the company’s working capital needs.
3. Remaining funds will be used for general corporate purposes.
Verify Your Details
Krishca Strapping Solutions Limited
sme- Date Range 23 Oct- 27 Oct’23
- Price 200
- IPO Size 23