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

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 InvestoYard.

  • 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 InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, 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 InvestoYard’s 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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