Avana Electrosystems Ltd IPO
Price Range
₹56 - ₹59
-
Min. Quantity
4,000 Shares
Closes on
14 January 2026
-
Min. investment
₹2,36,000
Avana Electrosystems Ltd IPO Timeline
| Event | Date |
|---|---|
| Avana Electrosystems Ltd IPO Opening Date | 12 January 2026 |
| Avana Electrosystems Ltd IPO Closing Date | 14 January 2026 |
| Basis of Allotment | 16 January 2026 |
| Initiation of Refunds | 19 January 2026 |
| Credit of Shares to Demat | 19 January 2026 |
| Avana Electrosystems Ltd IPO Listing Date | 20 January 2026 |
Avana Electrosystems Ltd IPO Details
| Avana Electrosystems Ltd IPO Date | 12 January 2026 to 14 January 2026 |
| Avana Electrosystems Ltd IPO Face Value | ₹10 per share |
| Avana Electrosystems Ltd IPO Price | ₹56 to ₹59 per share |
| Avana Electrosystems Ltd IPO Lot Size | 4,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹35.22 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹30.54 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹4.68 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 11,28,000 of the Net Offer |
| Retail Shares Offered | Not less than 19,88,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 11,64,000 of the Net Offer |
| Company Promoters | Anantharamaiah Panish, Vinod Kumar, Gururaj Dambal |
Avana Electrosystems Ltd IPO Lot Size
The Avana Electrosystems Ltd IPO lot size is 4,000 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4,000 | ₹2,36,000 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Strong customer relationships and wide customer base.
- Customisation & Multi - Product Portfolio.
- Quality Standard Certifications & Quality Tests.
- Experienced Promoters and Senior Management Team.
- Geographical reach.
- In-house R&D Team.
Company Financials
Avana Electrosystems Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 49.42 | 62.93 | 8.31 |
| 03-2024 | 38.07 | 53.26 | 4.02 |
| 03-2023 | 28.52 | 28.59 | 0.92 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding 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
Avana Electrosystems Ltd IPO Promoter Holding
| Pre Issue Share Holding | 25.43% |
| Post Issue Share Holding | 18.72% |
Avana Electrosystems Ltd IPO Subscription Status (Bidding Detail)
The Avana Electrosystems Ltd IPO is subscribed 122.6472 times on 14 January 2026 05:00:00 PM. The public issue subscribed 137.5211 times in the retail category, 54.9699 times in the QIB category, and 162.8282 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 54.9699 | 162.8282 | 137.5211 | - | 122.6472 |
Avana Electrosystems Ltd IPO Prospectus
Avana Electrosystems Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE1KU201016 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
No.8 Plot No.35 1st Main Road2nd Phase Peenya Ind.Area,Bengaluru-560058
Phone: +91 80 4123 3386
Email: cs@avanelectrosystems.com
Website: www.avanaelectrosystems.com
Avana Electrosystems Ltd IPO Registrar
Avana Electrosystems Ltd IPO Lead Manager(s)
- Indcap Advisors Pvt Ltd
How to Check the Allotment Status of Avana Electrosystems Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Avana Electrosystems Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Avana Electrosystems Ltd IPO
Avana Electrosystems Limited was originally incorporated as a Private Limited company under Companies Act, 1956, dated July 16, 2010 with the Registrar of Companies, Karnataka. Pursuant to a Special Resolution passed by the shareholders, Company has been converted into a Public Limited Company dated December 17, 2024 and a fresh Certificate of incorporation has been obtained from the Central Processing Centre.