AVANA
Avana Electrosystems IPO, a SME IPO was listed on the exchange on January 19, 2026. The price band is set between ₹56 –59 , with a face value of ₹10 . Retail investors can apply with a minimum of 2 lots, each comprising 2,000 shares — amounting to ₹236,000 at the upper price.
Avana Electrosystems IPO has been successfully listed on the exchange. Track the listing performance, current stock price, and post-listing trends. This information is for education only—not investment advice.
Avana Electrosystems IPO SME Important Dates
Get important updates regarding Avana Electrosystems IPO SME tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.
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
Open Date
Jan 12
Close Date
Jan 14
Allotment
Jan 15
Listing
Jan 19
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
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
Last updated: 2 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 |
| 16 Jan 2026 | ₹59 | ₹13 | ₹72 | ₹13 |
22.03%
|
5:24 PM |
| 15 Jan 2026 | ₹59 | ₹13 | ₹72 | ₹13 |
22.03%
|
6:24 PM |
| 14 Jan 2026 | ₹59 | ₹13 | ₹72 | ₹13 |
22.03%
|
3:23 PM |
| 13 Jan 2026 | ₹59 | ₹16.1 | ₹75.1 | ₹16.1 |
27.29%
|
5:02 PM |
| 12 Jan 2026 | ₹59 | ₹16 | ₹75 | ₹16 |
27.12%
|
5:02 PM |
| 11 Jan 2026 | ₹59 | ₹14 | ₹73 | ₹14 |
23.73%
|
5:01 PM |
| 10 Jan 2026 | ₹59 | ₹14 | ₹73 | ₹14 |
23.73%
|
4:22 PM |
| 09 Jan 2026 | ₹59 | ₹8 | ₹67 | ₹8 |
13.56%
|
1:01 PM |
| 08 Jan 2026 | ₹59 | ₹8 | ₹67 | ₹8 |
13.56%
|
12:13 PM |
| 07 Jan 2026 | ₹59 | ₹4.5 | ₹63.5 | ₹4.5 |
7.63%
|
12:24 PM |
Latest snapshot: Jan 16, 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 | — |
Anantharamaiah Panish, Gururaj Dambal, S Vinod Kumar and K N Sreenath are the promoters of the company.
IPO investment limits, also referred to as application limits or bidding limits, define the minimum and maximum number of shares, lots, and investment amount that investors can apply for in an IPO based on their category (Retail, HNI, or Institutional). These limits are calculated as per SEBI guidelines and help ensure fair distribution of shares. Retail investors typically have lower minimum and maximum limits compared to High Net Worth Individuals (HNI) and Non-Institutional Investors (NII). Understanding IPO application limits is essential for investors to determine how much they can invest, calculate the number of lots they can apply for, and plan their investment strategy accordingly. The investment limits table shows the lot size, number of shares, and total amount in rupees for each investor category.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹236,000 |
| Retail (Max) | 1 | 2,000 | ₹118,000 |
| 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 |
The IPO reservation structure, also known as share allocation breakdown, details how the total issue size is distributed among different investor categories as mandated by SEBI (Securities and Exchange Board of India) regulations. This reservation table shows the exact percentage and number of shares allocated to Qualified Institutional Buyers (QIB), Retail Individual Investors (RII), High Net Worth Individuals (HNI), Non-Institutional Investors (NII), and other reserved categories like employees and shareholders. Understanding IPO reservation percentages is crucial for investors to evaluate their probability of share allotment, as each category has different subscription levels and competition. The maximum allottees column indicates the cap on the number of investors who can receive shares in each category, helping you assess the likelihood of getting an allotment based on your investor category.
| 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 Latest |
|---|---|---|---|
| Total Revenue | 28.59 | 53.26 |
62.93
↑ 18.2%
|
| Profit After Tax (PAT) | 0.92 | 4.02 |
8.31
↑ 106.7%
|
| EBITDA | 1.92 | 7.42 |
12.52
↑ 68.7%
|
| Total Assets | 28.52 | 38.07 |
49.42
↑ 29.8%
|
| Net Worth | 9.46 | 13.49 |
21.8
↑ 61.6%
|
| Reserves & Surplus | 8.67 | 12.69 |
21.01
↑ 65.6%
|
| Total Borrowing | 7.33 | 9.27 |
5.69
↓ 38.6%
|
Revenue & Profit Trend
The Avana Electrosystems IPO is expected to open in January, 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 January 19, 2026.
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