1. IPO
Avana Electrosystems IPO

131.31x

subscribed

Avana Electrosystems IPO

Power Generation/Distribution
listed
₹2.24LMin. investment
  1. Pre-apply
    9 Jan
  2. Bid start
    12 Jan
  3. Bid end
    14 Jan
  4. Allotment
    15 Jan
  5. Release of funds
    16 Jan
  6. Demat transfer
    16 Jan
  7. Listing
    19 Jan

Avana Electrosystems Limited IPO Details

SectorPower Generation/Distribution
Price range₹56.00 – ₹59.00
IPO type
SME
Lot size2000 shares
Issue size₹35Cr
Draft Red Herring Prospectus
Read
Market Cap
₹133.61CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹61.49CrLower than sector avg
Growth rate3Y CAGR
47.12%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹61.49Cr
This sector
₹7,783.3Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
47.12%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹8.31Cr
This sector
₹1,281.2Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹133.61Cr
This sector
₹38,103.65Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
12.39
This sector
45.35
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.13
This sector
2.10
Compare with companies

Objectives

Capital expenditure
39.80%
General corporate purposes
30.60%
Working capital
29.60%

About Avana Electrosystems Limited

Avanta Electrosystems manufactures controls, relays and relay panels for power system monitoring, control, and protection applications. The company designs and manufactures customised control and relay panels with voltage ratings ranging from 11 kV to 220 kV, including MV and LV panels, protection relays, and substation automation systems. These products are used for applications such as transmission lines, power transformers, bus bars, and capacitor banks, for both indoor and outdoor usage. Its products are supplied to sectors involved in power generation, transmission, and distribution. This includes solar power plants, wind farms, power transmission stations, electricity board substations, and power utility companies. Control and relay panels contributed 60.26% of revenue, and relays 39.74% as of September 2025.
Its customers mainly include government power utilities and private energy producers, with operations throughout India. As of September 2025, tender/government orders made up 22.90% of revenue, private parties accounted for 76.24%, and the network of dealers contributed 0.86%. It also commenced exports to Kuwait in FY26. The company operates through two units located in Bengaluru, Karnataka. Unit I has an installed capacity of 70,000 relays per year, while Unit II has an installed capacity of 600 control and relay panels per year as of FY25.

Avana Electrosystems IPO Subscription Status

Date
QIB
NII
Retail
Total
12-Jan-26
0.0 times (X)
2.81 times (X)
3.82 times (X)
2.52 times (X)
13-Jan-26
2.02X
31.99X
28.39X
21.7X
14-Jan-26
54.97X
219.22X
136.42X
131.31X

Frequently asked questions

How to invest in the Avana Electrosystems IPO ?

Investors can apply for the Avana Electrosystems IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Avana Electrosystems IPO ?

The issue size of the Avana Electrosystems IPO is 35 Cr.

What is 'pre-apply' for Avana Electrosystems IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Avana Electrosystems IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.