| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹35.22 Cr |
| Reserved for Market Maker | ₹1.77 Cr |
| Net Issue Size | ₹35.22 Cr |
| Fresh Issue | ₹28.77 Cr |
| Offer for Sale | ₹4.68 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน56.00-59.00 per share |
| NSE Code | AVANA |
| Registrar | Integrated Registry Management Services... |
| Lead Managers |
Indcap Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 4,000 shares ยท Multiples of 2,000 shares
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:
As on August 31, 2025, the company had 129 employees.
Competitve Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 22.79% | 47.11% |
| ROCE | 26.69% | 53.71% |
| Debt / Equity | 0.13% | |
| RoNW | 20.46% | 38.13% |
| PAT Margin | 15.69% | 13.52% |
| EBITDA Margin | 21.33% | 20.36% |
| Price to Book Value | 3.76 | 4.73 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 4.76 | 4.95 |
| P/E (x) | 12.4 | 11.91 |
| Promoter Holding | 100% | 73.64% |
| Market Cap | โน133.61 Cr. | |