Avana Electrosystems SME IPO
Avana Electrosystems IPO — date, price band, GMP & allotment 2026
Avana Electrosystems operates in electrical and electronic solutions, providing industrial automation, control systems, and power solutions. The IPO will help fund new technology initiatives, expand manufacturing, and strengthen service capabilities. With the growing demand for advanced electrical systems in India, Avana Electrosystems aims to deliver efficient solutions, making this IPO attractive for investors looking at the industrial technology sector
Stock price
Avana Electrosystems is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 11 September.
- Open 12 Jan 2026
- Close 14 Jan 2026
- Allotment 15 Jan 2026
- Refund/credit 16 Jan 2026
- Listing 19 Jan 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 12 to 14 Jan, 2026 |
|---|---|
| Price Band | ₹56 to 59 |
| Face Value | ₹10 |
| Lot Size | 2000 Shares |
| Issue Size | ₹₹35 Cr. Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE SME |
| Registrar | Integrated Registry Management Services Private Limited |
| Min Investment | ₹ 2,36,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 2000 shares at the ₹59 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 4,000 | ₹2,36,000 |
| Retail (max) | 2 | 4,000 | ₹2,36,000 |
| HNI (min) | 3 | 6,000 | ₹3,54,000 |
Three years of numbers
All figures in ₹ crore, as reported in the Avana Electrosystems offer document.
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 53.91 | 49.42 | 38.07 | 28.52 |
| Total Income | 36.28 | 62.93 | 53.26 | 28.59 |
| Profit After Tax | 5.61 | 8.31 | 4.02 | 0.92 |
| EBITDA | 7.63 | 12.52 | 7.42 | 1.92 |
| NET Worth | 27.41 | 21.80 | 13.49 | 9.46 |
| Reserves and Surplus | 9.94 | 21.01 | 12.69 | 8.67 |
| Total Borrowing | 5.68 | 5.69 | 9.27 | 7.33 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Avana Electrosystems RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Avana Electrosystems IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹4.95 |
| P/E Ratio (x) | 11.91 |
| Market Cap at Offer Price (₹ Cr) | ₹66.87 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹59 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹24.72 Cr of the issue is earmarked to named objects.
About the company
The company is engaged in the design, manufacturing, and supply of electrical panels, automation systems, and related components used in power distribution and industrial operations. Its business model revolves around customised solutions, project-based execution, and long-term client relationships. By catering to sectors such as infrastructure, manufacturing, and energy, Avana Electrosystems has positioned itself as a dependable player with a growing footprint in both domestic and select international markets.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
91 80 4123 3386
044-28140801/28140803
Check allotment status
The bankers & the filings
Who is running the book, and the documents this page is built from.
Company contact
Frequently asked
What is the GMP of Avana Electrosystems?
The current Grey Market Premium is ₹13, or 22% over the issue price.
What is the Avana Electrosystems IPO price band?
₹56 to ₹59, on a face value of ₹10.
When is the allotment?
The basis of allotment is 15 January 2026, with listing on 19 January 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Integrated Registry Management Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
