Avana Electrosystems Limited
NNSE:AVANA161.55
INR
+7.65
(+4.97%)
ISIN
INE1KU201016
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Panish Anantharamaiah
- Full Time Employees
- 154
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Bangalore India
- IPO Date
- Jan 19, 2026
- Website
- avanaelectrosystems.com
- Similar Companies
- Business
- Avana Electrosystems Limited is an India-based engineering and manufacturing company that specializes in the design, development, and manufacture of control, monitoring, protection, and automation systems for electrical power networks. Founded in 2010 and headquartered in Bengaluru, Karnataka, the company provides turnkey electrical protection and substation automation solutions for state electricity boards, power transmission and distribution utilities, private power producers, renewable energy developers, engineering, procurement, and construction (EPC) contractors, and heavy industrial enterprises across India, as well as select overseas markets including Kuwait. The company operates through integrated product manufacturing and technical service lines. Its primary product offerings include custom-engineered Control and Relay Panels (CRP) designed for 11 kV to 220 kV voltage systems covering transmission lines, power transformers, busbars, and capacitor banks; numerical protection relays, such as numerical frequency relays, overcurrent relays, and earth fault relays; electromechanical auxiliary, tripping, and supervision relays; substation automation systems featuring Supervisory Control and Data Acquisition (SCADA) integration, Bay Control Units (BCU), Remote Terminal Units (RTU), and human-machine interfaces (HMI); medium-voltage (MV) and low-voltage (LV) control panels; and specialized secondary equipment including relay test blocks, test plugs, and annunciator units. Its technical services portfolio includes power system protection engineering and consulting; relay coordination studies; complete on-site testing, calibration, and commissioning of control and relay panels up to 220 kV; retrofitting and modernization of legacy electromechanical protection systems with modern numerical units; and comprehensive substation integration and support services. In recent corporate developments, the company underwent a corporate restructuring and converted from a private limited company into a public limited entity in December 2024. In January 2026, Avana Electrosystems Limited completed its Initial Public Offering (IPO) and successfully listed its equity shares on the National Stock Exchange of India (NSE Emerge platform), raising INR 35.22 crore in fresh capital to fund infrastructure development and fulfill operational requirements. As part of its strategic expansion and consolidation plan, the company has undertaken the construction of a new centralized and integrated manufacturing facility situated in the Avverahalli Industrial Area at Dabaspete, Bengaluru Rural District, on land allocated by the Karnataka Industrial Areas Development Board (KIADB), consolidating operations from its existing manufacturing facilities in the Peenya Industrial Area to enhance production capacity, optimize supply chain logistics, and accommodate growing demand in the utility and renewable energy sectors.