31 Mar 2023
Assets28.52
Total Income28.59
EBITDA1.92
Profit After Tax0.92
NET Worth9.46
Reserves and Surplus8.67
Total Borrowing7.33
At a glance
Updated 2026-08-24The shares listed at ₹77.50, a 31.36% move from the issue price. Avana Electrosystems is a SME IPO with an issue size of ₹35.22 crore, proposed for listing on NSE SME. The offer opens on 12th Jan 2026 and closes on 14th Jan 2026. The issue structure includes a fresh issue of ₹28.77 crore and an offer-for-sale component of ₹4.68 crore. The current listing schedule points to 20th Jan 2026.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹35.22 Cr
Fresh issue₹28.77 Cr
Offer for sale₹4.68 Cr
Face value₹10
Price band₹56.00–₹59.00
Allotment15th Jan 2026
Listing20th Jan 2026
Listing performance
Full performance ↗Issue price₹59.00
Listing price₹77.50
Current price—
Listing gain31.36%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹10.50
GMP / upper price17.80%
Est. listing₹69.50
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens12th Jan 2026
Closes14th Jan 2026
Allotment15th Jan 2026
Refund16th Jan 2026
Demat16th Jan 2026
Listing20th Jan 2026
Subscription demand
Full bidding ↗Total131.82×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | ₹236,000 |
Company
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit | ₹11.55 Cr |
| To Meet Working Capital Requirements of the Company | ₹8.60 Cr |
| General Corporate Purposes | ₹4.57 Cr |
| Issue Expenses | ₹6.71 Cr |
| Total | ₹31.43 Cr |
Financials
Full financials ↗31 Mar 2024
Assets38.07
Total Income53.26
EBITDA7.42
Profit After Tax4.02
NET Worth13.49
Reserves and Surplus12.69
Total Borrowing9.27
31 Mar 2025
Assets49.42
Total Income62.93
EBITDA12.52
Profit After Tax8.31
NET Worth21.80
Reserves and Surplus21.01
Total Borrowing5.69
30 Sep 2025
Assets53.91
Total Income36.28
EBITDA7.63
Profit After Tax5.61
NET Worth27.41
Reserves and Surplus9.94
Total Borrowing5.68
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 | Sep 30, 2025 |
|---|---|---|
| ROE | 47.11% | 22.79% |
| ROCE | 53.71% | 26.69% |
| Debt / Equity | 0.13% | |
| RoNW | 38.13% | 20.46% |
| PAT Margin | 13.52% | 15.69% |
| EBITDA Margin | 20.36% | 21.33% |
| Price to Book Value | 4.73 | 3.76 |
Valuation & shareholding
Pre-IPO EPS4.76
Post-IPO EPS4.95
Pre-IPO P/E12.4
Post-IPO P/E11.91
Promoter holding pre100%
Promoter holding post73.64%
Market cap₹133.61 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit | ₹11.55 Cr |
| To Meet Working Capital Requirements of the Company | ₹8.60 Cr |
| General Corporate Purposes | ₹4.57 Cr |
| Issue Expenses | ₹6.71 Cr |
| Total | ₹31.43 Cr |
Registrar & lead managers
Registrar
Integrated Registry Management Services...Lead managers
- Indcap Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.