Avana Electrosystems IPO Details
The Avana Electrosystems IPO is a book build issue with a total issue size of ₹35 cr, comprising of fresh issue of 4876000 equity shares., and a offer for sale of 794000 equity shares. Avana Electrosystems IPO opened for subscription on Jan 12, 2026 and closed on Jan 14, 2026. Avana Electrosystems IPO is set price band at ₹56 to ₹59 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹236,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jan 15, 2026, and listed on the NSE on Jan 20, 2026.
Integrated Registry Management Services Private Limited has been appointed as the registrar. Indcap Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Avana Electrosystems IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 56 – 59
- Lot Size
- 2000
- Issue Size
- ₹35 Cr
- Minimum Investment
- ₹236000 (4000 Shares)
- Listing Date
- 20 January 2026
Current GMP
₹16 (+27.12%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Avana Electrosystems Limited
Avana Electrosystems Limited, incorporated in 2010, is engaged in the design, manufacturing, and supply of customized Control and Relay Panels for power system applications.
The company offers a comprehensive range of Control and Relay Panels from 11 kV to 220 kV, catering to power system monitoring, control, and protection requirements for transmission lines, power transformers, bus bars, capacitor banks, and related applications. These solutions are suitable for both indoor and outdoor installations and include Medium Voltage (MV) and Low Voltage (LV) panels, protection relays, and substation automation systems.
Avana Electrosystems Limited operates two manufacturing units located in the Peenya Industrial Estate, Bengaluru, Karnataka, equipped to support industrial-scale production and advanced engineering solutions.
Product Portfolio
- Indoor Type Control and Relay Panels
- Numerical Protection Relays
- Electromechanical Relays
- Substation Automation Panels
- Relay Test Blocks and Test Plugs
As of August 31, 2025, the company employed 129 personnel, supporting its operations across engineering, manufacturing, quality control, and project execution.
Avana Electrosystems IPO Promoters
- Anantharamaiah Panish
- Gururaj Dambal
- S Vinod Kumar
- K N Sreenath
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.64%
Avana Electrosystems IPO Objective
The Company Avana Electrosystems IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit
- To meet Working Capital requirements of the Company
- General Corporate Purposes
Address / Contact Info
Avana Electrosystems Ltd.
No: 8, KAIDB, lot No. 35, 1st Main Road,
2nd Phase, Peenya Industrial Area,
Nelagadaranahalli Village, Peenya Small Industries
Bangalore Metropolitan Region, Karnataka, 560058
Phone: 91 80 4123 3386
Email: cs@avanaelectrosystems.com
Website: avanaelectrosystems.com
IPO Snapshot
Avana Electrosystems IPO Registrar
Integrated Registry Management Services Private Limited
Check Allotment StatusBook Running Lead Managers
- Indcap Advisors Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Avana Electrosystems IPO is a Book-building IPO with a total issue size of ₹35 crore. The Avana Electrosystems IPO price band is ₹56 to 59 per share. The Avana Electrosystems IPO subscription opens on Mon, Jan 12, 2026, and closes on Wed, Jan 14, 2026. The Avana Electrosystems IPO will be listed on the NSE. Integrated Registry Management Services Private Limited is the registrar for the Avana Electrosystems IPO.
The Avana Electrosystems IPO opens on Mon, Jan 12, 2026 and closes on Wed, Jan 14, 2026
Avana Electrosystems IPO Price Band is ₹56 to 59 per share.
Avana Electrosystems IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹236000 based on the upper price band
The minimum investment for Avana Electrosystems IPO is ₹236000, based on one lot of 2000 shares at the upper price band of ₹59 per share.
Investors can apply for the Avana Electrosystems IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jan 14, 2026. The application amount remains blocked until the Avana Electrosystems IPO allotment is finalized.
Avana Electrosystems IPO issue size is ₹35 crores.
Avana Electrosystems IPO allotment date is Wed, Jul 1, 2026.
The registrar for Avana Electrosystems IPO is Integrated Registry Management Services Private Limited. Investors can go to Integrated Registry Management Services Private Limited website to check Avana Electrosystems IPO allotment status, refund processing, and other IPO-related information.
The Avana Electrosystems IPO GMP (Grey Market Premium) is ₹16 as of Wed, Jan 14, 2026. Based on the upper price band of ₹59 per share, the estimated Avana Electrosystems IPO listing price is ₹75, indicating a potential listing gain of approximately 0% over the issue price.