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Avana Electrosystems Limited IPO Subscription

NSE EmergeListed

Heavy Electrical Equipment · Listed on NSE · 12 Jan 2026 - 14 Jan 2026

Jagat JoshiJagat Joshi
October 30, 2026
Issue Size
35.00 Cr
Price Band
₹56.00 - ₹59.00
Lot Size
2000 Shares
Min Investment
₹2,36,000
GMP
₹11
Subscription
131.82x
₹3,095.29 Cr
IPO Timeline
IPO OpensDONE
12 Jan 2026
IPO ClosesDONE
14 Jan 2026
Basis of AllotmentDONE
15 Jan 2026
RefundsDONE
16 Jan 2026
Demat CreditDONE
16 Jan 2026
ListingDONE
20 Jan 2026

About Avana Electrosystems Limited IPO

Avana Electrosystems IPO open date is January 12, 2026 and the IPO will close on January 14, 2026. Avana Electrosystems IPO is a Book Build Issue. The company to raise around ₹35 crores via IPO that comprises fresh issue of ₹33 crores and offer for sale up to 7,94,000 equity shares with face value of ₹10 each.

Avana Electrosystems IPO price band is ₹56 to ₹59 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Avana Electrosystems IPO to list on NSE on January 19, 2026. The allotment of Avana Electrosystems IPO date is January 15, 2026.

The company reported revenue of ₹62.93 crores in 2025 against ₹53.26 crores in 2024. The company reported profit of ₹8.31 crores in 2025 against profit of ₹4.02 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

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Avana Electrosystems Limited IPO Subscription Status

QIB
54.97x
NII
219.02x
bNII
258.08x
sNII
140.90x
Retail
137.52x
Total
131.82x

Subscription Status

CategorySubscription (x)Shares OfferedShares bid forTotal Amount (₹ Cr)
QIB (Ex. Anchor)54.97x11,28,0006,20,06,000₹365.84 Cr
NII219.02x8,64,00018,92,32,000₹1,116.47 Cr
bNII > ₹10L258.08x5,76,00014,86,54,000₹877.06 Cr
sNII < ₹10L140.90x2,88,0004,05,78,000₹239.41 Cr
Retail137.52x19,88,00027,33,88,000₹1,612.99 Cr
Total131.82x39,80,00052,46,26,000₹3,095.29 Cr

IPO Reservation

Investor CategoryShares Offered% of Net Issue
QIB28,18,00049.70%
- Anchor16,90,0000.00%
- QIB (Ex. Anchor)11,28,0000.00%
NII8,64,00015.24%
- bNII > ?10L5,76,0000.00%
- sNII < ?10L2,88,0000.00%
Retail19,88,00035.06%
Share HoldersTBA0.00%
Total56,70,000100.00%

IPO Anchor Investors

Anchor Investors Letter (PDF)
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Frequently Asked Questions (FAQ)

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