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Avana Electrosystems
Price Band
₹56.0–59.0
Issue Size
₹35.22 Cr
Lot Size
2,000 shares
Min Investment
₹236,000
GMP
+₹10.5 (17.8%)
Issue Price
₹59.0
calendar_month Important Dates
bar_chart Subscription Status
Subscription data unavailable
trending_up Grey Market Premium (GMP)
GMP
+₹10.5
GMP %
+17.8%
Est. Listing
₹69.5
schedule Updated: 14 Jul 2026 15:53
Share GMP:
business About the Company
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
payments Company Financials (₹ Cr)
As of 2025-09-30
| 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 |
Key Ratios
EPS
₹4.76
NAV
₹12.48
ROE
47.11%
ROCE
53.71%
RoNW
38.13%
P/B Value
4.73
P/E Ratio
12.4
Market Cap
₹133.61 Cr
PAT Margin
13.52%
Debt/Equity
0.13
Promoters
Anantharamaiah Panish, Gururaj Dambal, S Vinod Kumar and K N Sreenath
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # 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
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
12 Jan 2026
Close
14 Jan 2026
Allotment
15 Jan 2026
Listing
20 Jan 2026