Issue Price
₹59
Per Share
GMP
+₹15
+25.42% Grey Market
Est. Listing
₹74
Expected Price
Min. Application
₹236,000
2 lots × 2000 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:Indoor Type Control and Relay PanelNumerical Protection RelaysElectromechani cal RelaysSubstation Automation PanelRelay Test Block and Test PlugAs on August 31, 2025, the company had 129 employees.Competitve Strengths:Strong customer relationships and wide customer baseCustomisation & MultiQuality Standard Certifications & Quality TestsExperienced Promoters and Senior Management TeamGeographical reach
Avana Electrosystems Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 300,000 | — | ₹1.77 Cr | — |
| TOTAL | 5,970,000 | 100.00% | ₹35.22 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹118,000 |
| Retail (Max) | 13 | 26,000 | ₹1,534,000 |
| sNII (Min) | 14 | 28,000 | ₹1,652,000 |
| bNII (Min) | 68 | 136,000 | ₹8,024,000 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 62.93 | 53.26 | 28.59 |
| EBITDA | 12.52 | 7.42 | 1.92 |
| Profit After Tax (PAT) | 8.31 | 4.02 | 0.92 |
| Net Worth | 21.80 | 13.49 | 9.46 |
| Total Assets | 49.42 | 38.07 | 28.52 |
| Reserves & Surplus | 21.01 | 12.69 | 8.67 |
| Total Borrowings | 5.69 | 9.27 | 7.33 |