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AVANA · NSE · Electrical Machinery & Equipment
Avana Electrosystems IPO listed on 19 Jan 2026 on NSE at ₹77.50, a gain of 31.36% over the issue price of ₹59.00. The IPO was subscribed 131.82x overall.
Avana Electrosystems IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 12 Jan 2026 |
| IPO Close Date | 14 Jan 2026 |
| Basis of Allotment | 15 Jan 2026 |
| Initiation of Refunds | 16 Jan 2026 |
| Credit of Shares to Demat | 16 Jan 2026 |
| Listing Date | 19 Jan 2026 |
Listing day gain
+31.36%
Listed at ₹77.5 (issue ₹59)
Issue
₹59
Listing
₹77.5
Current
₹80.3
+36.1% vs issue
Day range
₹73.65 – ₹81.35
Issue Size
5,970,000 shares
(aggregating up to ₹35.00 Cr)
Issue Price
₹56 – ₹59
Face Value
₹10/share
Market Lot
2,000 shares
Retail Min Investment
₹236,000
Listing At
NSE
Sale Type
both
Fresh Issue
[.]
Offer for Sale
794,000 shares
(aggregating up to ₹5 Cr)
Reserved for Market Maker
300,000 shares
(aggregating up to ₹1.77 Cr)
Issue Type
book building
Open Date
12 Jan
Close Date
14 Jan
Allotment
15 Jan
Listing
19 Jan
Last updated: 8 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 18 Jan 2026 Latest | ₹59 | ₹12 | ₹71 | ₹12 |
20.34%
|
5:43 PM |
| 17 Jan 2026 | ₹59 | ₹12 | ₹71 | ₹12 |
20.34%
|
6:43 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 16 Jan 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 54.97x | - |
| NII | 219.02x | - |
| bNII (bids above ₹10L) | 258.08x | - |
| sNII (bids below ₹10L) | 140.9x | - |
| Retail Investors | 137.52x | - |
| Total | 131.82x | - |
Showing the latest subscription snapshot.
View full subscription historyAnantharamaiah Panish, Gururaj Dambal, S Vinod Kumar and K N Sreenath are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹236,000 |
| Retail (Max) | 2 | 4,000 | ₹236,000 |
| S-HNI (Min) | 3 | 6,000 | ₹354,000 |
| S-HNI (Max) | 8 | 16,000 | ₹944,000 |
| B-HNI (Min) | 9 | 18,000 | ₹1,062,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 300,000 (5.03%) |
| QIB Shares Offered | 2,818,000 (47.20%) |
|
•
Anchor Investor Shares Offered
|
1,690,000 (28.31%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,128,000 (18.89%) |
| NII (HNI) Shares Offered | 864,000 (14.47%) |
|
•
bNII > ₹10L
|
576,000 (9.65%) |
|
•
sNII < ₹10L
|
288,000 (4.82%) |
| Retail Shares Offered | 1,988,000 (33.30%) |
| Total Shares Offered | 5,970,000 (100.00%) |
Avana Electrosystems Limited is a Karnataka-based company engaged in the manufacture and supply of electromechanical systems and electrical equipment intended for industrial clients and power sector applications. The company has evolved over the years and expanded its scope of operations in electrical engineering products and solutions, focusing on quality manufacturing and scalability.
Business Growth Highlights & Key Strengths
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 28.59 | 53.26 | 62.93 |
| Profit After Tax (PAT) | 0.92 | 4.02 | 8.31 |
| EBITDA | 1.92 | 7.42 | 12.52 |
| Total Assets | 28.52 | 38.07 | 49.42 |
| Net Worth | 9.46 | 13.49 | 21.8 |
| Reserves & Surplus | 8.67 | 12.69 | 21.01 |
| Total Borrowing | 7.33 | 9.27 | 5.69 |
Revenue & Profit Trend
The basis of allotment for Avana Electrosystems IPO was finalised on 15 Jan 2026. You can check your allotment status using your PAN number or application number on the Integrated Registry Management Services Private Limited portal or BSE.
The Avana Electrosystems IPO is expected to open in Jan 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Avana Electrosystems IPO is ₹56.00 - ₹59.00 per share.
As per market sources, Avana Electrosystems IPO GMP is currently ₹12.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Avana Electrosystems IPO stands at 131.82x overall.
The listing date for Avana Electrosystems IPO is 19 Jan 2026.
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