IPO Snapshot
 
Avana Electrosystems Ltd.
Issue Open Date 12-Jan-26  
Issue Closing Date 14-Jan-26  
Application Money 100  
Allotment Money  
Price Band 56 - 59  
Minimium Application No. 4000  
Issue Size (Shares) 5970000  
Market Lot 1  
Objective
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; and4. To meet Offer Expenses.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
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.
Promoter's Holding
Total Share Capital   17469408  
Offered to Public   6090000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)    
Address
No. 8
Plot No. 35
1st Main Road
2nd Phase
Peenya Industrial Area
Nelagadaranahalli Village
Bengaluru ,
Karnataka ,
560058
Phone : 080-4123 3386
Email : cs@avanaelectrosystems.com
Website : www.avanaelectrosystems.com
Registrar
Integrated Registry Management Services Pvt Ltd.
House No. 12-13-829
18/AKimtee Colony
Tarnaka
Hyderabad
Listed at
NSE
Lead Manager
Indcap Advisors Pvt Ltd.
Promoters
Anantharamaiah Panish
Gururaj Dambal
K N Sreenath
S Vinod Kumar