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Avana Electrosystems Ltd. IPO
IPO Timeline
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12 Jan 2026Bidding Starts
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14 Jan 2026Bidding Ends
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15 Jan 2026Allotment Finalization
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19 Jan 2026Listing
About Avana Electrosystems Ltd.
Our Company is promoted by Anantharamaiah Panish, Gururaj Dambal, S Vinod Kumar and K N Sreenath, each of whom has an experience of over two decades.
Broadly, we are engaged in the manufacturing of:
a. Control and Relay Panels, and
b. Relays
We are a manufacturer of customised 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. These panels are used across various sectors and industries to facilitate the transmission and distribution of electrical power such as in solar power plants, wind power farms, other power generation plants, power transmission stations, electricity board sub-stations, power utilities companies etc.
We also manufacture relays, which is a device used in electrical systems to detect faults and protect equipment by analysing electrical parameters and executing protective actions.
Avana Electrosystems Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 16,90,000 (28.31%) |
| Market Makers | 3,00,000 (5.03%) |
| Non Institutional Investors | 8,64,000 (14.47%) |
| Qualified Institutional Buyers (QIBs) | 11,28,000 (18.89%) |
| Retail Individual Investors (RIIs) | 19,88,000 (33.3%) |
Avana Electrosystems Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 84.83 Cr | 11.72 Cr | 36.43 Cr |
| 31 Mar 2025 | 62.93 Cr | 9.07 Cr | 21.01 Cr |
| 31 Mar 2024 | 53.26 Cr | 4.04 Cr | 12.54 Cr |
Avana Electrosystems Ltd. Background
Our Company was incorporated as a Private Limited Company under the name and style of ‘Avana Electrosystems Private Limited’ under the Companies Act, 1956, pursuant to a Certificate of Incorporation dated July 16, 2010 issued by the Deputy Registrar of Companies, Bengaluru, Karnataka (RoC). Pursuant to a special resolution passed by our shareholders in the Extra Ordinary General Meeting held on December 09, 2024. our Company has been converted into a Public Limited Company and the name of our Company was changed to ‘Avana Electrosystems Limited’ and a fresh Certificate of Incorporation dated December 17, 2024 has been issued to our Company by the Central Processing Centre. The Corporate Identification Number of our Company is: U31400KA2010PLC054508.
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2010Incorporation of the Company on July 16, 2010
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2014Purchase of vacant land measuring 6,492.50 sq. ft. at Peenya Industrial Area
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2016Purchase of freehold land of 4,020 Sq. Mt. of KIADB land
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2018Accredited with ISO 9001:2015 certification for our Quality Management Systems for design, manufacture, supply, testing and commissioning of control & protection panels, protective relays, substation automation systems up to 400kv and switchgear and its associated accessories.
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2019Received an order from Uttar Pradesh Power Transmission Corporation Limited (UPPTCL) worth Rs. 7 Crore
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2024Conversion of the Company from Private Limited to Public Limited
1. Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit
2. To meet Working Capital requirements of the Company
3. General Corporate Purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 59.00 |
| Open | - | ₹ 77.50 |
| Low | - | ₹ 73.65 |
| High | - | ₹ 81.35 |
| Last Trade | - | ₹ 80.30 |
1. Anantharamaiah Panish
2. Gururaj Dambal
3. S Vinod Kumar
4. K N Sreenath
Power is among the most critical components of infrastructure, crucial for the economic growth and welfare of nations. The existence and development of adequate power infrastructure is essential for sustained growth of the Indian economy. The fundamental principle of India’s power industry ... Read more
Phone no:41233386
FAQs
When does Avana Electrosystems Ltd. IPO opens and closes?
Avana Electrosystems Ltd. IPO opens from 12th January to 14th January 2026.What is the size of Avana Electrosystems Ltd. IPO?
The size of the Avana Electrosystems Ltd. IPO is ₹35.22 Cr.What is the price range of Avana Electrosystems Ltd. IPO?
The price range of Avana Electrosystems Ltd. IPO is at ₹56 to ₹59 per share.What is the minimum investment and lot size required for the Avana Electrosystems Ltd. IPO?
The minimum investment required is ₹1,18,000 and minimum lot size is 2000 shares.When is Avana Electrosystems Ltd. IPO listing date?
The Avana Electrosystems Ltd. IPO will be listed on 19th January 2026.What is the objective of Avana Electrosystems Ltd. IPO?
1. Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit2. To meet Working Capital requirements of the Company
3. General Corporate Purposes
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
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