131.31xsubscribed
Avana Electrosystems IPO
131.31xsubscribed
Power Generation/Distribution
listed
131.31xsubscribed
₹2.24LMin. investment
Avana Electrosystems Limited IPO Details
Sector
Power Generation/Distribution
Issue size
₹35Cr
IPO type
SME
Market cap
₹133.61CrLower than sector avg
Price range
₹56.00 – ₹59.00
Listing exchange
NSE
RevenueApr 2024 - Mar 2025
₹61.49CrLower than sector avg
Listing date
19 Jan 2026
Lot size
2000 shares
Draft Red Herring Prospectus
Read
Growth rate3Y CAGR
47.12%Higher than sector avg
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
Avana Electrosystems IPO Subscription Status
As on 12-Jan-26, 5:30 PM
Avana Electrosystems IPO Timeline
- Pre-apply9 Jan 2026
- Bid start12 Jan 2026
- Bid end14 Jan 2026
- Allotment15 Jan 2026
- Release of funds16 Jan 2026
- Demat transfer16 Jan 2026
- Listing19 Jan 2026
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.
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Objectives of Avana Electrosystems Limited IPO
Capital expenditure
39.80%
General corporate purposes
30.60%
Working capital
29.60%
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Avana Electrosystems IPO Contact Details
Company NameAvana Electrosystems Limited
How to apply for Avana Electrosystems IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
