✓
Open
12 Jan 2026
✓
Close
14 Jan 2026
3
Allotment
—
✓
Listing
Tue, Jan 20, 2026
Price Band
₹56 to ₹59
Issue Size
59,70,000 shares (agg. up to ₹35 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Jan 20, 2026
Latest GMP
₹10.5
Est. Gain
17.8%
✦ AI Insight
GMP Trend
20-01-2026₹10.5Est. ₹69.5+17.8%
19-01-2026₹10.5Est. ₹69.5+17.8%
18-01-2026₹12Est. ₹71+20.34%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 92.76x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 53.91 | 49.42 | 38.07 | 28.52 |
| Total Income | 36.28 | 62.93 | 53.26 | 28.59 |
| Profit After Tax | 5.61 | 8.31 | 4.02 | 0.92 |
| EBITDA | 7.63 | 12.52 | 7.42 | 1.92 |
| NET Worth | 27.41 | 21.80 | 13.49 | 9.46 |
| Reserves and Surplus | 9.94 | 21.01 | 12.69 | 8.67 |
| Total Borrowing | 5.68 | 5.69 | 9.27 | 7.33 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Atlanta Electricals Ltd. | Mainboard | ₹687.34 Cr | ₹754 | 46.33 | ₹823.35 | +9.20% | ₹1,746.00 (+0.21%) |
| Quality Power Electrical Equipments Ltd. | Mainboard | ₹858.70 Cr | ₹425 | 55.28 | ₹387.90 | -8.73% | ₹1,185.40 (-2.68%) |
Objects of the Issue
| # | 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 | 8.60 |
| 3 | General Corporate Purposes | 4.57 |
| 4 | Issue Expenses | 6.71 |
| Total | 31.43 |
About Avana Electrosystems IPO
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. Competitve Strengths: Strong customer relationships and wide customer base Customisation & Multi Quality Standard Certifications & Quality Tests Experienced Promoters and Senior Management Team Geographical reach + Read More
Contact Details
Avana Electrosystems Ltd. AddressNo: 8, KAIDB, lot No.35, 1st Main Road2nd Phase, Peenya Industrial AreaNelagadaranahalli Village, Peenya Small IndustriesBengaluru, Karnataka, 56005891 80 4123 3386cs@avanaelectrosystems.comVisit Website