Avana Electrosystems
19 Jan '26SME
Min. Investment
₹2,24,000
Issue size
₹35.22 Cr
GMP
Locked
Overall subscription: 2.32x
Expert verdict
IPO dates
12 Jan
Opening
14 Jan
Closing
15 Jan
Allotment
19 Jan
Listing
*Refunds will be initiated on 16 Jan '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4000 | ₹2,36,000 |
Subscription (as on 12 January 2026, 06:30 PM)
Overall2.32x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2010|MD: Mr Anantharamaiah Panish
- Avana Electrosystems Limited manufactures control and relay panels and relays for power system monitoring, control, and protection applications. Its products include customised control and relay panels ranging from 11 kV to 220 kV for transmission lines, power transformers, bus bars, and capacitor banks, along with MV and LV panels, protection relays, and substation automation systems, including SCADA and BCU-based panels. The portfolio encompasses high-voltage and extra-high-voltage panels, medium-voltage indoor and outdoor panels, low-voltage systems such as AC/DC distribution boxes, on-load tap changer panels, metering panels, and protection and electromechanical relays.
- The company serves governmental power utilities and private energy producers, and operates two manufacturing units in Peenya, Bengaluru, Karnataka.
Issue Details & Objective
Lot size
2000 Shares
Price band
₹56 to 59
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.31%
QIB - 18.89%
HNI - 14.47%
Retail - 33.30%
Download DRHP (IPO Doc)FAQs
Should I apply for the Avana Electrosystems IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Avana Electrosystems IPO?
The issue size of Avana Electrosystems IPO is ₹35.22 Cr
What are the open and close dates for Avana Electrosystems IPO?
The Avana Electrosystems IPO will be open for applications from 12 Jan '26 to 14 Jan '26
What is the lot size and minimum order quantity of Avana Electrosystems IPO?
The lot size of Avana Electrosystems IPO is 2000 Shares and its minimum investment amount is ₹2,24,000.
What is the GMP value of Avana Electrosystems IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Avana Electrosystems IPO is 11.02
