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Avana Electrosystems Ltd

Avana Electrosystems Ltd

    Registered Office : No.8 Plot No.35 1st Main Road,2nd Phase Peenya Ind.Area,Bengaluru Karnataka 560058 Phone : +91 80 4123 3386
    Fax :

    Email : cs@avanelectrosystems.com

    Website : www.avanaelectrosystems.com

Initial public offer up to 59,70,000 equity shares of face value Rs, 10 each ("Equity Sharese") of Avana Electrosystems Ltd ( The "Company" or The "Issuer") for cash at a price of Rs.59 per equity share including a share premium of Rs.49 per equity share (The"Offer Price") Aggregating to Rs.35.22 Crores ("The Offer") Comprising of a fresh issue of up to 51,76,000 equity shares aggregating to Rs.30.54 Crores (The"Fresh Issue") and an offer for sale of up to 7,94,000 equity shares by the promoter selling shareholders ("Offer for Sale") aggregating to Rs.4.68 Crores of which up to 3,00,000 equity shares aggregating to Rs. 1.77 Crores will be reserved for subscription by market maker to the offer (The"Market Maker Reservation Portion"). The Offer less the market maker reservation portion i.e. Net offer of up to 56,70,000 equity share aggregating to Rs. 33.45 Crores (The"Net Offer"). The Fresh offer and the net offer will constitute 26.36% and 25.04% respectively of the post offer paid-up equity share capital of the company. Price Band: Rs. 59 per equity share of face value Rs. 10/- each. The floor price is 5.9 times of the face value of the equity shares. Bids can be made for a minimum of 4000 equity shares and in multiples of 2000 equity shares thereafter.

Issue

Opens On

Closes On

12-Jan-2026

14-Jan-2026

Money Payable On

Application

Allotment

59.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

24.72

35.22

22.65

59.00

Indcap Advisors Pvt Ltd

Projects
  • Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit
  • To meet Working Capital requirements of the Company
  • General Corporate Purposes
Promoted By
  • Anantharamaiah Panish
  • Vinod Kumar
  • Gururaj Dambal
Listing At
  • NSE - SME
Registrar to the Issue
  • Integrated Registry Mgt Ser.Pv