Avana electrosystems limited IPO Overview
Avana electrosystems limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹35 Cr. The IPO price band is set at ₹56 to ₹59 per share, and retail investors can apply with a minimum investment of ₹2.36 L as per IPO guidelines.
The Avana electrosystems limited IPO opens on 12 Jan 2026 and closes on 14 Jan 2026. The IPO allotment is expected to be finalized on 15 Jan 2026, and the equity shares are proposed to be listed on NSE on 19 Jan 2026.
Investors can refer to the Avana electrosystems limited IPO RHP-DRHP for detailed information. The issue is managed by Indcap Advisors Pvt.Ltd. as the book running lead manager, while Integrated Registry Management Services Pvt.Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About avana electrosystems limited
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.
Investment Objective
To meet Working Capital requirements of the Company
General Corporate Purposes