Avana Electrosystems IPO GMP & Review: Apply or Avoid?

Avana Electrosystems IPO is open for bidding from 12th January 2026 to 14th January 2026. It is a bookbuilding IPO of ₹1,071.11 crore, an entirely fresh issue of 0.52 crore shares, and an offer for sale of 0.08 crore shares. The issue will be listed on NSE and SME on its tentative listing date, 19th January 2026. 

Avana Electrosystems IPO Details 

The Avana Electrosystems IPO date is fixed between 12th January 2026 and 14th January 2026. The face value of Avana Electrosystems shares stands at ₹10 per share, and the IPO Issue price band is set at ₹56 to ₹59 per share

Integrated Registry Management Services Private Limited is the registrar of the Avana Electrosystems IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Avana Electrosystems IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding issue of 0.52 crore shares worth ₹35.22 crore. Avana Electrosystems IPO Limited shares will be listed on the BSE and the NSE Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Avana Electrosystems IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Avana Electrosystems IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 12th January 2026, Avana Electrosystems IPO GMP stands at ₹0.00 per share, which means the share will likely list at ₹59.00 on its tentative listing date, 19th January 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Avana Electrosystems IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

Avana Electrosystems IPO GMP Review

Check out the detailed Avana Electrosystems GMP IPO review for a thorough understanding of its potential to report listing gains on 19th January 2026. The Avana Electrosystems IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Avana Electrosystems IPO.

Avana Electrosystems Limited’s revenue increased by 18% from ₹53.26 crores in March 2024 to ₹62.93 crores in March 2025. Moreover, the company’s PAT increased by 107% from ₹4.02 crores in March 2024 to ₹8.31 crores in March 2025.

Avana Electrosystems’ IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Avana Electrosystems IPO, with its tentative listing day set for 19th January 2026. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Avana Electrosystems IPO.

The PE ratio of Avana Electrosystems Limited shares is 12.4, and its Earnings Per Share (EPS) stands at 4.76. Thus, the Avana Electrosystems IPO can deliver gains on its tentative listing date, 19th January 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Avana Electrosystems Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Avana Electrosystems IPO Subscription Status

The Avana Electrosystems IPO will open for bidding on 12th January 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Avana Electrosystems IPO Subscription Status. 

About Avana Electrosystems Limited

Avana Electrosystems Limited was established in 2010. Avana Electrosystems Limited is engaged in the manufacturing of customised Control and Relay Panels. The company offers Control and Relay Panels ranging from 11kV to 220kV for Power System Monitoring, Control, and Protection Applications, Transmission Lines, Power Transformers, Bus Bars, Capacitor Banks, etc., for both indoor and outdoor use. The company also offers MV and LV Panels, Protection Relays, and Substation Automation Systems. The company operates two manufacturing units in Peenya Industrial Estate, Bengaluru, Karnataka, specialising in industrial production and advanced engineering solutions.

Avana Electrosystems Limited Financials

The company’s financial analysis is essential before applying for the Avana Electrosystems IPO. Look at the table to learn about Avana Electrosystems Limited’s financials. 

Explanation

Avana Electrosystems Limited’s revenue increased by 18% from ₹53.26 crores in March 2024 to ₹62.93 crores in March 2025. Moreover, the company’s PAT increased by 107% from ₹4.02 crores in March 2024 to ₹8.31 crores in March 2025.

Avana Electrosystems Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the Avana Electrosystems IPO

The primary aim of the Avana Electrosystems IPO is to raise ₹35.22 crores. On the other hand, Avana Electrosystems India has decided to utilise these funds in different ways.

• To Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit
• To General Corporate Expenses
• To meet the Working Capital requirements of the Company

Should I Invest in the Avana Electrosystems IPO?

Explore the pros and cons of Avana Electrosystems to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of the Avana Electrosystems IPO

• The company has Strong customer relationships and a broad customer base
• The company has an Experienced Promoters and Senior Management Team
• The company has Quality Standard Certifications & Quality Tests

Cons of the Avana Electrosystems IPO

• The company has a revenue concentration risk
•  The company has a high dependence on EPC Contractors and private players
• The company has a working capital-intensive operation

How to Apply for the Avana Electrosystems IPO?

Check the steps mentioned below to apply for Avana Electrosystems Ltd.

• Step 1: Conduct thorough research on the Avana Electrosystems IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 2 lots of 4,000 shares worth ₹2,36,000
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Avana Electrosystems IPO across multiple demat accounts to increase your chances of allotment. 

How to Check the Avana Electrosystems IPO Allotment Status?

You can check for the Avana Electrosystems IPO allotment in different ways. These include NSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

• Visit the NSE Official Site
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Avana Electrosystems IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Avana Electrosystems IPO allotment status.

Let’s Wrap

Avana Electrosystems IPO is a bookbuilding issue of shares worth ₹35.22 crores. The shares of Avana Electrosystems Limited will be listed on NSE and SME on its tentative listing date of 19th January 2026. Researching the Avana Electrosystems IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Avana Electrosystems IPO

How is the Avana Electrosystems IPO?

Ans. Currently, on 12th January 2026, the Avana Electrosystems GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹59 per share. It is a bookbuilding IPO of ₹35.22 shares. The face value of each Avana Electrosystems share is ₹10 per share. 

What is the Avana Electrosystems IPO price?

Ans. The Avana Electrosystems IPO issue price band is set at ₹56 to ₹59 per share. 

Is the Avana Electrosystems IPO a good investment?

Ans. Avana Electrosystems Limited’s revenue increased by 18% from ₹53.26 crores in March 2024 to ₹62.93 crores in March 2025. Moreover, the company’s PAT increased by 107% from ₹4.02 crores in March 2024 to ₹8.31 crores in March 2025.

Who is the registrar of the Avana Electrosystems IPO?

Ans. Integrated Registry Management Services Private Limited is the registrar for the Avana Electrosystems IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Avana Electrosystems allotment and refund, you can contact Integrated Registry Management Services Private Limited at smeipo@integratedindia.in or at 044 – 28140801 to 28140803.

What is the issue size of the Avana Electrosystems IPO? 

Ans. Avana Electrosystems IPO is a bookbuilding IPO of ₹35.22 crores. Moreover, the IPO is set to open on 12th January 2026 and close on 14th January 2026. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Avana Electrosystems IPO, download the Avana Electrosystems IPO RHP and Avana Electrosystems IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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