Avana Electrosystems IPO is to open on January 12, 2026. It is a SME IPO that will raise ₹35 crores. The Avana Electrosystems IPO price band is fixed at ₹56 to ₹59 with a market lot of 4,000 Shares.
Avana Electrosystems IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Gain |
| 6 Jan | ₹- | – | -% |
| 5 Jan | ₹- | – | -% |
Avana Electrosystems IPO Details
| IPO Open Date | January 12, 2026 |
| IPO Close Date | January 14, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹56 to ₹59 Per Share |
| Issue Size | Approx ₹35 Crores |
| Fresh Issue | Approx ₹33 Crores |
| Offer for Sale: | Approx 7,94,000 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Avana Electrosystems IPO 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 |
Business Overview
Established in 2010, Avana Electrosystems Limited manufactures customised control and relay panels. Its product portfolio comprises Indoor Type Control and Relay Panel, Numerical Protection Relays, Electromechanical Relays, Substation Automation Panel, and Relay Test Block and Test Plug.
The company makes control and relay panels spanning from 11kV to 220kV, which help monitor, control, and protect power systems. These panels are used in places like power transmission lines, transformers, substations, and capacitor banks. Moreover, the company also offers medium-voltage and low-voltage panels, protection relays, and automation systems. The company runs its 2 manufacturing units situated in Peenya Industrial Estate, Bengaluru, Karnataka.
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