IPO - Initial Public Offerings

 AVANA

  

AVANA ELECTROSYSTEMS LTD IPO.

12 Jan, 10:00 AM

Issue Open

14 Jan, 05:00 PM

Issue Close

2000

Lot Size

₹ 56.00 – ₹ 59.00

Price Range

IPO Issue Details

Issue size 35.00 Cr
Market Price 59.00
Registrar Integrated Registry Management Services Pvt.Ltd.
Face Value RS.10 /- Per share
Listing at NSE

About

AVANA ELECTROSYSTEMS LTD IPO.
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 Panel Numerical Protection Relays Electromechani cal Relays Substation Automation Panel Relay Test Block and Test Plug As on August 31, 2025, the company had 129 employees.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 4000 ₹ 2,36,000.00
Retail (Max) 2 4000 ₹ 2,36,000.00
S-HNI (Min) 3 6000 ₹ 3,54,000.00
S-HNI (Max) 8 16000 ₹ 9,44,000.00
B-HNI (Min) 9 18000 ₹ 10,62,000.00

IPO TimeLine

Open Date 12-Jan-2026
Close Date 14-Jan-2026
Basis of Allotment Date 15-Jan-2026
Initiation of Refunds 16-Jan-2026
Credit Shares to Demat A/c 16-Jan-2026
IPO Listing Date 19-Jan-2026