Comparison between Avana Electrosystems IPO and M R Maniveni IPO.
Avana Electrosystems IPO is a SME Bookbuilding IPO proposed to list at NSE SME while M R Maniveni IPO is a SME Bookbuilding proposed to list at BSE SME.
| Avana Electrosystems IPO | M R Maniveni IPO | |
|---|---|---|
| Logo | ![]() | ![]() |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Indcap Advisors Pvt.Ltd. | Capital Square Advisors Pvt.Ltd. |
| Registrar | Integrated Registry Management Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Asnani Stock Broker Pvt.Ltd. | |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | |
| Final Prospectus | Final Prospectus ![]() | |
| Anchor Investor | Anchor Investor ![]() | |
| IPO Allotment URL | IPO Allotment URL ![]() |
The total issue size of Avana Electrosystems IPO is up to ₹33.45 Cr whereas the issue size of the M R Maniveni IPO is up to ₹0.00 Cr. The final issue price of Avana Electrosystems IPO is ₹59.00 per share and of M R Maniveni IPO is .
| Avana Electrosystems IPO | M R Maniveni IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹56.00 per share | |
| Issue Price (Upper) | ₹59.00 per share | |
| Issue Price (Final) | ₹59.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | |
| Fresh Issue Size | 48,76,000 shares | 65,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹28.77 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 7,94,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹4.68 Cr | up to ₹0.00 Cr |
| Issue Size Total | 56,70,000 shares | 65,00,000 shares |
| Issue Size Total (Amount) | up to ₹33.45 Cr | up to ₹0.00 Cr |
Avana Electrosystems IPO opens on Jan 12, 2026, while M R Maniveni IPO opens on . The closing date of Avana Electrosystems IPO and M R Maniveni IPO is Jan 14, 2026, and , respectively.
| Avana Electrosystems IPO | M R Maniveni IPO | |
|---|---|---|
| Anchor Bid Date | Jan 09, 2026 | |
| Issue Open | Jan 12, 2026 | |
| Issue Close | Jan 14, 2026 | |
| Basis Of Allotment (Tentative) | Jan 15, 2026 | |
| Initiation of Refunds (Tentative) | Jan 16, 2026 | |
| Credit of Share (Tentative) | Jan 16, 2026 | |
| Listing date (Tentative) | Jan 20, 2026 | |
| Anchor Lockin End date 1 | Feb 14, 2026 | |
| Anchor Lockin End date 2 | Apr 15, 2026 |
Avana Electrosystems IPO P/E ratio is 12.4, as compared to M R Maniveni IPO P/E ratio of .
| Avana Electrosystems IPO | M R Maniveni IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)M R Maniveni Foods Ltd.'s revenue increased by 31% and profit after tax (PAT) rose by 76% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 98.68 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹133.61 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 47.11 | 25.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 53.71 | 18.63 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.13 | 1.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 38.13 | 25.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Avana Electrosystems IPO Retail Individual Investors (RII) are offered 19,88,000 shares while in M R Maniveni IPO retail investors are offered 19,88,000 shares. Qualified Institutional Buyers (QIB) are offered 11,28,000 shares in Avana Electrosystems IPO and 0 shares in M R Maniveni IPO.
| Avana Electrosystems IPO | M R Maniveni IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,90,000 shares | 0 shares |
| Market Maker Reservation | 3,00,000 shares | 0 shares |
| QIB | 11,28,000 shares | 0 shares |
| NII | 8,64,000 shares | 0 shares |
| RII | 19,88,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 56,70,000 shares | 0 shares |
Avana Electrosystems IPO subscribed 131.82x in total, whereas M R Maniveni IPO subscribed .
| Avana Electrosystems IPO | M R Maniveni IPO | |
|---|---|---|
| QIB (times) | 54.97x | |
| NII (times) | 219.02x | |
| Big NII (times) | 258.08x | |
| Small NII (times) | 140.90x | |
| RII (times) | 137.52x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 131.82x |