SmeNSECLOSED

Avana Electrosystems IPO

₹56 – ₹56 · Issue Size ₹35 Cr

IPO Overview

StatusClosed
Price Band₹56 – ₹56
Issue Size₹35 Cr
Lot Size4000 shares
Min Investment₹2,36,000
Face Value₹10
Issue Structure
Fresh Issue₹33 Cr
Offer for Sale₹7,94,000 Cr
Total Size₹35 Cr

Business Model

Competitive Advantages
  • We have established and will continue to focus on strengthening our relationships with domestic customers across our
  • 307 customers in 2024 and 275 customers in the fiscal year 2023. The revenue from our repeat customers for the last 3
  • Particulars FY 2025 FY 2024 FY 2023

IPO Timeline

Open Date12 Jan 2026
Close Date14 Jan 2026
Allotment15 Jan 2026
Refund16 Jan 2026
Credit to Demat16 Jan 2026
Listing Date19 Jan 2026

Objects of the Issue

The details of the proceeds of the Offer are summarized below: Particulars Amount (₹ In Lakhs) Proceeds from Fresh Issue * Less: Issue related expenses in relation to the Fresh Issue(1) Net Issue Proceeds * * Subject to finalisation of Basis of Allotment. (1) The Offer related expenses shall be determined at the time of filing the prospectus with RoC. Utilization of Net Proceeds The Net Proceeds are proposed to be used in accordance with the details as set forth below: (₹ in lakhs) Sr.

Strengths & Weaknesses

Strengths

  • We have established and will continue to focus on strengthening our relationships with domestic customers across our
  • 307 customers in 2024 and 275 customers in the fiscal year 2023. The revenue from our repeat customers for the last 3
  • Particulars FY 2025 FY 2024 FY 2023

Management & Promoters

A
Anantharamaiah PanishManaging Director
G
Gururaj DambalWhole-Time Director
S
Sheela ArvindIndependent Director
S
Shital Darak MandhanaIndependent Director
N
Nama Sreeramaiah KishoreIndependent Director
D
DRS Management ConsultantsIndependent Director

Shareholding Pattern

Pre-IPO
Category%
Non Institution5%

Peer Comparison

CompanyP/EEPS
Avana Electrosystems IPO
Section () of the Companies Act.26.0x
January () BID / OFFER OPENS9.0x
January BID/OFFER12.0x
January ()()14.0x

Pre-IPO Financials

PeriodRevenue (Cr)PAT (Cr)Net Worth (Cr)Total Assets (Cr)
March 2024₹0.03 Cr₹0.09 Cr₹0.01 Cr
March 2025₹0.1 Cr₹0.3 Cr₹0.03 Cr
September 2025₹0.2 Cr₹20.25 Cr₹1 Cr

About

Established in 2010, Avana Electrosystems Limited manufactures customised control and relay panels. Its product portfolio comprises Indoor Type Control and Relay Panel, Numerical Protection Relays, Electromechanical Relays, Substation Automation Panel, and Relay Test Block and Test Plug. The company makes control and relay panels spanning from 11kV to 220kV, which help monitor, control, and protect power systems. These panels are used in places like power transmission lines, transformers, substa

Industry Overview

The information Neither we nor any other person connected with the issue has independently verified the information provided Industry sources and publications, referred to in this section, generally state that the information contained therein has been obtained from sources generally believed to be reliable but th

ExchangeNSE
Issue Typesme
Face Value10 per share

Documents

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