GMP IPO Watch
Avana Electrosystems IPO: Powering Growth in the Relay & Control Panel Segment?
Avana Electrosystems Limited, a Bengaluru-based manufacturer of specialized power system p...
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A
SME IPO
LISTED
NSE, BSE
AVANAELECTROSYSTEMS
Avana Electrosystems IPO
Avana Electrosystems IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹18.5
+31.4%
Est. Listing: ₹77.50
Price Band
₹56 - ₹59
Per equity share
Lot Size
2000 Shares
Min Invest: ₹2,36,000
Issue Size
₹59 Cr
Total Public Offering
Issue Dates
11 January 2026 – 13 January 2026
Bidding period
Subscription
—
Total overall demand
Avana Electrosystems IPO Details
Key facts at a glance| IPO Open Date | 11 January 2026 | IPO Close Date | 13 January 2026 |
|---|---|---|---|
| Basis of Allotment | 14 January 2026 | Listing Date | 19 January 2026 |
| Price Band | ₹56 - ₹59 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,36,000 |
| Total Issue Size | ₹59 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Avana Electrosystems IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 11 January 2026 | Confirmed |
| IPO Close Date | 13 January 2026 | Confirmed |
| Basis of Allotment | 14 January 2026 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 19 January 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Avana Electrosystems IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,36,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,36,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹3,54,000 |
| S-HNI (Max) | 8 Lots | 16,000 Shares | ₹9,44,000 |
| B-HNI (Min) | 9 Lots | 18,000 Shares | ₹10,62,000 |
Avana Electrosystems IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹18.5 +31.4%
Estimated Listing Price
₹77.50
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 19 Jan 2026 | ₹12 | ₹71.00 | +20.34% |
| 16 Jan 2026 | ₹13 | ₹72.00 | +22.03% |
| 13 Jan 2026 | ₹16 | ₹75.00 | +27.12% |
| 12 Jan 2026 | ₹14 | ₹73.00 | +23.73% |
| 8 Jan 2026 | ₹4.5 | ₹63.50 | +7.63% |
| 7 Jan 2026 | ₹0 | ₹59.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Avana Electrosystems IPO Subscription Status
Demand breakdown by investor category
Retail
—
QIB
—
NII / HNI
—
Total
—
About Avana Electrosystems
Avana Electrosystems ₹35.22 crore book-build IPO is open from January 12 to January 14, 2026, with a price band of ₹56 to ₹59 per share and an NSE SME listing on January 19. The company’s profit more than doubled to ₹8.31 crores in 2025 on revenue of ₹62.93 crores, and with strong demand in the power infrastructure sector, the issue is recommended for long-term investors.
Avana Electrosystems IPO Market Lot
The Avana Electrosystems IPO minimum market lot is 4,000 shares with an application amount of ₹2,36,000.
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | 4,000 | ₹2,36,000 |
| Retail Maximum | 4,000 | ₹2,36,000 |
| S-HNI Minimum | 6,000 | ₹3,54,000 |
| S-HNI Maximum | 16,000 | ₹9,44,000 |
| B-HNI Minimum | 18,000 | ₹10,62,000 |
Avana Electrosystems IPO Reservation & Share Quotas
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor | – | – |
| QIB (Ex. Anchor) | – | 50% |
| NII Shares Offered | – | 15% |
| Retail Shares Offered | – | 35% |
Avana Electrosystems IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 12 Jan 2026 |
| IPO Close Date | 14 Jan 2026 |
| Basis of Allotment | 15 Jan 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 20 Jan 2026 |
Note: The timeline for Avana Electrosystems IPO is tentative and subject to change.
Avana Electrosystems IPO Important Dates
| IPO Open Date | January 12, 2026 |
| IPO Close Date | January 14, 2026 |
| Basis of Allotment | January 15, 2026 |
| Refunds | January 16, 2026 |
| Credit to Demat Account | January 16, 2026 |
| IPO Listing Date | January 19, 2026 |
| IPO Bidding Cut-off Time | January 14, 2026 – 5 PM |
Avana Electrosystems Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Avana Electrosystems Objects of the Issue & Utilisation of Proceeds
| Purpose | Amount (₹ in Crores) |
|---|---|
| Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit | ₹11.55 |
| To meet Working Capital requirements of the Company | ₹8.40 |
| General Corporate Purpose | – |
Avana Electrosystems Company Financial Report
To Be Updated Soon
Avana Electrosystems Company Valuation & Key Performance Indicators
To Be Updated Soon
Avana Electrosystems Peer Group Comparison
To Be Updated Soon
Avana Electrosystems Peer Group Comparison
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Danish Power Limited | 34.55 | 30.18 | 18.00% | 162.51 | ₹432.95 Cr. |
| Aartech Solonics Limited | 0.87 | 73.86 | 8.74% | 19.80 | ₹39.33 Cr. |
Avana Electrosystems IPO FAQs
Avana Electrosystems IPO opens for subscription on 11 January 2026 and closes on 13 January 2026.
The price band for Avana Electrosystems IPO is set at ₹56.00 to ₹59.00 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,36,000).
The latest Grey Market Premium (GMP) for Avana Electrosystems IPO is ₹18.50. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Avana Electrosystems IPO is tentatively scheduled for 14 January 2026, and shares are expected to list on the stock exchanges on 19 January 2026.
The registrar details will be confirmed in the official prospectus.
Avana Electrosystems IPO Analysis & Articles