Avana Electrosystems IPO
Avana Electrosystems IPO
Avana Electrosystems IPO, a SME IPO has closed for subscription. The price band is set between ₹56 –59 , with a face value of ₹10 . Retail investors can apply with a minimum of 1 lot, each comprising 2,000 shares — amounting to ₹118,000 at the upper price. The listing date on the exchange (NSE) is January 19, 2026.
The Avana Electrosystems IPO subscription has closed. Investors who applied for shares can now check their IPO allotment status online. The basis of allotment for Avana Electrosystems IPO has been finalized, and you can verify whether you have been allotted shares by checking the registrar's website using your PAN number, application number, or DP ID. If you have been allotted shares, they will be credited to your demat account before the listing date. If not allotted, the refund amount will be processed to your bank account as per the timeline.
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.
IPO Timeline & Key Dates
* Tentative; subject to confirmation.
Price Band & Investment Details
| 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 | ₹118,000 |
| Listing At | NSE |
| Sale Type | both |
| Offer for Sale |
794,000 shares (aggregating up to ₹5 Cr) |
| Reserved for Market Maker | ₹1.77 Cr |
| Issue Type | book building |
Avana Electrosystems IPO Grey Market Premium (GMP) - Current & Historical Rates
Last updated: 1 day ago
Avana Electrosystems IPO Grey Market Premium (GMP) History - Track Record & Historical Data
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 13 Jan 2026 Latest | ₹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 |
Subscription (Latest Snapshot)
View Detailed SubscriptionLatest snapshot: Jan 13, 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 2x | — |
| NII | 29.59x | — |
| bNII (bids above ₹10L) | 31.88x | — |
| sNII (bids below ₹10L) | 25.01x | — |
| Retail Investors | 26.73x | — |
| Total | 20.34x | — |
Registrar
- Registrar
- Integrated Registry Management Services Private Limited
- Registrar Phone
- +91 80 23460815/816/817/818
- Registrar Email
- smeipo@integratedindia.in
- Registrar Address
- No. 30 Ramana Residency, 4th Cross, Sampige Road, Malleswaram, Bengaluru – 560003, Karnataka, India
Avana Electrosystems IPO Investment Limits
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) | 1 | 2,000 | ₹118,000 |
| Retail (Max) | 1 | 2,000 | ₹118,000 |
| S-HNI (Min) | 2 | 4,000 | ₹236,000 |
| S-HNI (Max) | 8 | 16,000 | ₹944,000 |
| B-HNI (Min) | 9 | 18,000 | ₹1,062,000 |
Promoter Holding
Anantharamaiah Panish, Gururaj Dambal, S Vinod Kumar and K N Sreenath are the promoters of the company.
IPO Reservation
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 | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 300,000 (5.03%) | NA |
| QIB Shares Offered | 2,818,000 (47.20%) | NA |
|
•
Anchor Investor Shares Offered
|
1,690,000 (28.31%) | NA |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,128,000 (18.89%) | NA |
| NII (HNI) Shares Offered | 864,000 (14.47%) | NA |
|
•
bNII > ₹10L
|
576,000 (9.65%) | NA |
|
•
sNII < ₹10L
|
288,000 (4.82%) | NA |
| Retail Shares Offered | 1,988,000 (33.30%) | NA |
| Total Shares Offered | 5,970,000 (100.00%) | — |
Avana Electrosystems IPO Overview
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
- Steady Financial Growth: Growing revenue and profitability over recent fiscal years as evidenced by increasing income and profit figures.
- Product & Market Expansion: Diversified product offerings in electrical equipment with a presence across industrial applications.
- Experienced Promoter Team: Promoters with industry experience guiding strategic growth.
- Founded In
- 2010
- Managing Director
- Amrutha Naveen
- Headquarters
- 8, KAIDB, lot No. 35, 1st Main Road, 2nd Phase, Peenya Industrial Area, Nelagadaranahalli Village, Peenya Small Industries, Bengaluru – 560 058,
- Website
- avanaelectrosystems.com
- Industry
- Electrical Machinery & Equipment
Financials
| Year | Revenue (₹ Cr) | Profit After Tax (₹ Cr) | Net Worth (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2025 | 62.93 | — | 21.8 | 49.42 |
| 2024 | 53.26 | — | 13.49 | 38.07 |
| 2023 | 28.59 | — | 9.46 | 28.52 |
Frequently Asked Questions (FAQs)
You may also like
