Live Rate
| Open | |
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| High | |
| Low | |
| Prev. Close | |
| Lower circuit | |
| Upper circuit | |
| 52w High | |
| 52w Low | |
| P/E Ratio |
Avana Electrosystems Subscription
Last updated on 14-Jan-2026 18:22:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1128000 | 62006000 | 54.97 |
| HNIs | 864000 | 189232000 | 219.02 |
| bHNI | 576000 | 148654000 | 258.08 |
| sHNI | 288000 | 40578000 | 140.9 |
| Individual | 1988000 | 273392000 | 137.52 |
| Total | 3980000 | 524630000 | 131.82 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 96 | 8044 | 83.79 |
| HNIs (3-10L) | 48 | 6264 | 130.5 |
| Individual | 497 | 68348 | 137.52 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 6.66 | 365.84 | 54.97 |
| FII | - | 90.73 | - |
| FI | - | 0 | - |
| IC | - | 1.01 | - |
| MF | - | 0.76 | - |
| OTH | - | 273.34 | - |
| HNIs | 5.1 | 1114.7 | 218.67 |
| bHNI | 3.4 | 877.06 | 258.08 |
| sHNI | 1.7 | 239.41 | 140.9 |
| Individual | 11.73 | 1613.01 | 137.52 |
| Total | 23.48 | 3093.55 | 131.74 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹4.4 | @8% ₹5 | @9% ₹5.6 | @10% ₹6.2 | @11% ₹6.8 | @12% ₹7.5 |
Avana Electrosystems Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| bHNI | 9 | 18000 | 1062000 | 96 |
Avana Electrosystems Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 1690000 | 28.31% |
| QIB | 1128000 | 18.89% |
| HNI | 864000 | 14.47% |
| INDIVIDUAL | 1988000 | 33.3% |
| Market Maker | 300000 | 5.03% |
| Total | 5970000 | 100% |
Avana Electrosystems About
IPO Details
| Total Issue Size | 59,70,000 shares (aggregating up to ₹ 35.22 Cr) |
| Fresh Issue | 51,76,000 shares (aggregating up to ₹ 30.53 Cr) |
| Offer For Sale | 7,94,000 shares (aggregating up to ₹ 4.69 Cr) |
| Face Value | ₹10/- Per Share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,74,69,408 shares |
| Share Holding Post Issue | 2,26,45,408 shares |
| Reserved for Market Maker | 3,00,000 shares (aggregating up to ₹1.77 Cr) |
| Market Maker | Asnani Stock Brokers |
Key Performance Indicator (KPI)
| KPI | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE | 22.79% | 47.11% | 35.07% |
| ROCE | 26.69% | 53.71% | 40.02% |
| RONW | 20.46% | 38.13% | 29.84% |
| EPS (basic) | 3.21 | 4.76 | 2.3 |
| P/E Pre IPO | 12.4 | ||
| P/E Post IPO | 16.07 |
Company Financial (In ₹Crore)
| Period Ended | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| 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 | 21.8 | 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 |
Peer Comparision (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Avana Electrosystems | - | 10.00 | |
| Danish Power | 22.07 | 644.95 | 10.00 |
| Aartech Solonics | 66.86 | 47.40 | 5.00 |
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Avana Electrosystems | 12.48 | 38.13 | 4.76 |
| Danish Power | 162.51 | 18 | 34.55 |
| Aartech Solonics | 19.8 | 8.74 | 0.87 |
About Company
Incorporated in 2010, Avana Electrosystems Limited manufactures customised Control and Relay Panels for power system monitoring, control, and protection.
Product range covers 11kV to 220kV applications for transmission lines, power transformers, bus bars, capacitor banks, suitable for indoor and outdoor, MV and LV installations.
Offers Protection Relays and Substation Automation Systems, catering to advanced grid and industrial requirements.
Operates two manufacturing units at Peenya Industrial Estate, Bengaluru (Karnataka), focused on industrial-scale production and engineering solutions.
IPO proceeds will be used for capex to set up an integrated manufacturing unit (₹11.55 cr), working capital requirements (₹8.40 cr), and general corporate purposes.
Strength
Strong customer relationships and broad client base – Long-standing associations support repeat orders and stability.
High customisation capability – Ability to deliver multi-configuration panels tailored to client specifications.
Quality certifications and testing standards – Robust QA/QC processes enhance reliability and compliance.
Weakness
KIADB lease and timeline risk – Failure to commence commercial production by May 22, 2026 at the new unit may lead to penalties or adverse consequences under lease terms.
Funding execution risk – No alternate funding identified; any delay or shortfall in IPO proceeds could postpone capex implementation.
Legal proceedings exposure – Ongoing litigations, if decided adversely, may impact operations and financial condition.
Avana Electrosystems Latest Announcements
| Date | Subject | Attachment Text |
|---|
Avana Electrosystems Financial Results
Avana Electrosystems Lead Manager(s)
Avana Electrosystems Address
No: 8, KAIDB, lot No. 35, 1st Main Road,
2nd Phase, Peenya Industrial Area,
Nelagadaranahalli Village, Peenya Small Industries
Bangalore Metropolitan Region, Karnataka, 560058
91 80 4123 3386
E-mail: cs@avanaelectrosystems.com
Website: https://avanaelectrosystems.com/