Avana Electrosystems Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,818,000 (47%) | — | ₹1,663 Cr |
| NII (HNI) | — | 864,000 (14%) | — | ₹510 Cr |
| Retail | — | 1,988,000 (33%) | — | ₹1,173 Cr |
| Market Maker | — | 300,000 (5%) | — | ₹18 Cr |
| Σ Total | — | 5,970,000 (100%) | — | ₹35,223 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹118,000 |
| Retail (Max) | 13 | 26,000 | ₹1,534,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,652,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,906,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 63 | 53 | 29 |
| EBITDA | 13 | 7 | 2 |
| Profit After Tax | 8 | 4 | 1 |
| Net Worth | 22 | 13 | 9 |
| Total Assets | 49 | 38 | 29 |
| Reserves & Surplus | 21 | 13 | 9 |
| Total Borrowing | 6 | 9 | 7 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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 Purposes –
Company Overview
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