Avana Electrosystems is entering the public markets through SME IPO with an issue size of ₹35.22 crore. The issue consists of a fresh issue of ₹30.54 crore and an offer for sale of ₹4.68 crore. The shares are proposed to be listed on NSE & SME.
The IPO subscription window opens on January 12, 2026 and will remain open until January 14, 2026. The company plans to list its shares on January 19, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
Avana Electrosystems Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Avana Electrosystems that investors generally review before applying.
IPO Details at a Glance
| Company Name | Avana Electrosystems |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue + Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Price | ₹56 – ₹59 Per Share |
| Lot Size | 2,000 Shares |
| Face Value | ₹10 Per Share |
| Exchange | NSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 300,000 | 5.03% |
| Qualified Institutional Buyers (QIB) | 2,818,000 | 47.20% |
| — Anchor Investor | 1,690,000 | 28.31% |
| — QIB (Ex Anchor) | 1,128,000 | 18.89% |
| NII (HNI) | 864,000 | 14.47% |
| Retail | 1,988,000 | 33.30% |
| Total Shares Offered | 5,970,000 | 100.00% |
Avana Electrosystems IPO Important Dates
The following table highlights the key dates for the Avana Electrosystems IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 12 Jan 2026 |
|---|---|
| IPO Closing Date | 14 Jan 2026 |
| Allotment Finalization | 15 Jan 2026 |
| Initiation of Refunds | 16 Jan 2026 |
| Credit of Shares | 16 Jan 2026 |
| IPO Listing Date | 19 Jan 2026 |
Avana Electrosystems IPO Size
| Total IPO Size | ₹35.22 Crore |
|---|---|
| Offer For Sale | ₹4.68 Crore |
| Fresh Issue | ₹30.54 Crore |
Avana Electrosystems IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Avana Electrosystems IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹56 to ₹59 per share.
Note: Retail investors generally apply at the cut-off price, which is ₹59 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹59 | ₹236,000 |
| Retail (Max) | 2 | 4,000 | ₹59 | ₹236,000 |
| S-HNI (Min) | 3 | 6,000 | ₹59 | ₹354,000 |
| S-HNI (Max) | 8 | 16,000 | ₹59 | ₹944,000 |
| B-HNI | 9 | 18,000 | ₹59 | ₹1,062,000 |
Avana Electrosystems IPO Promoter Holding
| Promoter(s) | Anantharamaiah Panish, Gururaj Dambal, S Vinod Kumar and K N Sreenath |
|---|---|
| Pre-Issue Holding | 100% |
| Post-Issue Holding | 73.64% |
Avana Electrosystems IPO FAQs
The Avana Electrosystems IPO is a SME Bookbuilding IPO with a total issue size of ₹35.22 crore.
The IPO will open for subscription on Mon, 12 Jan 2026 and will close on Wed, 14 Jan 2026.
The shares are being offered at a price band of ₹56 to ₹59 per equity share.
Investors can apply for the IPO with a minimum lot size of 2,000 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹236,000.
The shares of Avana Electrosystems are expected to be listed on NSE & SME on Mon, 19 Jan 2026.
Each equity share in the IPO has a face value of ₹10.
The IPO consists of a Fresh Issue + Offer For Sale, where shares are being offered by existing shareholders.
How to Apply for Avana Electrosystems IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
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