Avana Electrosystems GMP IPO Date, Review, Price, Allotment Details IPO
Avana Electrosystems IPO Summary
IPO Open Date: 12 Jan 2026
IPO Close Date: 14 Jan 2026
Price Band: ₹56 to ₹59 Per Share
Issue Size: Approx ₹35 Crores
Listing Exchange: NSE SME
Website: https://avanaelectrosystems.com/
Avana Electrosystems IPO Overview
Avana Electrosystems IPO is a book build issue of ₹35.22 crores. The issue is a combination of fresh issue of 0.52 crore shares aggregating to ₹30.54 crores and offer for sale of 0.08 crore shares aggregating to ₹4.68 crores.
Avana Electrosystems IPO opens for subscription on Jan 12, 2026 and closes on Jan 14, 2026. The allotment for the Avana Electrosystems IPO is expected to be finalized on Jan 15, 2026. Avana Electrosystems IPO will list on NSE SME with a tentative listing date fixed as Jan 19, 2026.
Avana Electrosystems IPO price band is set at ₹56 to ₹59 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,36,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,54,000.
Avana Electrosystems IPO Details
| Company Name | Avana Electrosystems Ltd. |
| IPO Open Date | 12 Jan 2026 |
| IPO Close Date | 14 Jan 2026 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹56 to ₹59 Per Share |
| Issue Size | Approx ₹35 Crores |
| Fresh Issue | Approx ₹33 Crores |
| Offer for Sale | Approx 7,94,000 Equity Shares |
| Issue Type | Book Build Issue |
| Listing On | NSE SME |
Avana Electrosystems IPO Review & Key Points
NeutralAvana Electrosystems IPO Market Lot
The Avana Electrosystems IPO minimum market lot is 4,000 shares with ₹2,36,000 application amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹2,36,000 |
| Retail Maximum | 2 | 4,000 | ₹2,36,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,54,000 |
| S-HNI Maximum | 8 | 16,000 | ₹9,44,000 |
| B-HNI Minimum | 9 | 18,000 | ₹10,62,000 |
Avana Electrosystems IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 16,90,000 Shares | 28.31% |
| QIB (Ex. Anchor) | 11,28,000 Shares | 18.89% |
| NII / HNI | 8,64,000 Shares | 14.47% |
| Retail | 19,88,000 Shares | 33.30% |
Anchor Bidding Date: 09 Jan 2026
Anchor Issue Size: 9.97 Cr.
30 Days Lock-in: 14 Feb 2026
90 Days Lock-in: 15 Apr 2026
Avana Electrosystems IPO Dates & Allotment
The Avana Electrosystems IPO date is January 12 and the close date is January 14. The Avana Electrosystems IPO allotment will be finalized on January 15 and the IPO listing on January 19.
| IPO Opening Date | 12 Jan 2026 |
| IPO Closing Date | 14 Jan 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 15 Jan 2026 |
| Refunds Initiation | 16 Jan 2026 |
| Credit to Demat | 16 Jan 2026 |
| IPO Listing Date | 20 Jan 2026 |
Avana Electrosystems IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit | ₹11.55 |
| To meet Working Capital requirements of the Company | ₹8.40 |
| General Corporate Purpose | ₹- |
Avana Electrosystems Ltd. Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹28.59 | ₹27.41 | ₹0.92 | ₹28.52 |
| 2024 | ₹53.26 | ₹47.03 | ₹4.02 | ₹38.07 |
| 2025 | ₹62.93 | ₹50.64 | ₹8.31 | ₹49.42 |
| Sep 2025 | ₹36.28 | ₹28.95 | ₹5.61 | ₹53.91 |
Avana Electrosystems IPO Valuation
Check Avana Electrosystems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹4.76 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 47.11% |
| Return on Capital Employed (ROCE) | 53.71% |
| Return on Net Worth (RoNW) | 38.13% |
| Net Asset Value (NAV) | ₹12.48 |
| EBITDA Margin | 20.36% |
| PAT Margin | 13.52% |
| Debt to Equity Ratio | – |
Avana Electrosystems IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Danish Power Limited | 34.55 | 30.18 | 18.00% | 162.51 | 432.95Cr. |
| Aartech Solonics Limited | 0.87 | 73.86 | 8.74% | 19.80 | 39.33 Cr. |
Avana Electrosystems IPO Promoters & Holding Pattern
The promoters of the company are Anantharamaiah Panish, Gururaj Dambal, S Vinod Kumar and K N Sreenath.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,74,69,408 | 100% |
| Promoter Holding Post Issue | 2,26,45,408 | 73.64% |
Avana Electrosystems IPO Lead Managers (Merchant Bankers)
- Indcap Advisors Pvt. Ltd.
About Avana Electrosystems Ltd.
Avana Electrosystems Ltd is an Indian manufacturer of customized control and relay panels, switchgear panels, and protection relays for power systems, serving utilities and private energy producers
Avana Electrosystems Ltd. Address
Bangalore Metropolitan Region, Karnataka, 560058Phone: +91 80 4123 3386
Email: [email protected]
Avana Electrosystems IPO Registrar
Integrated Registry Management Services Pvt. Ltd.
Phone: 044 – 28140801 to 28140803
Email: [email protected]
Website: https://www.integratedregistry.in/RegistrarsToSTA.aspx?OD=1