Markets / IPO / Avana Electrosystems

Avana Electrosystems IPO

Updated 20:51

SME IPO on NSE Emerge · Heavy Electrical Equipment

Status
Listed
Price band
₹56–59
Lot size
2000 shares · ₹1,18,000
Subscribed
–

How it listed

Issue price
₹59
Listing price (open)
₹77.50 +31.36%
First-day close
₹80.30 +36.10%
Price now
₹142.25 +141.10%
Listing day20 Jan 2026
Open / high / low / close₹77.50 / ₹81.35 / ₹73.65 / ₹80.30
Shares traded on NSE34,82,000
Market value at the listing-day close₹182 cr

Closing prices since listing: 26 Oct ₹152.80, 27 Oct ₹160.40, 28 Oct ₹153.55, 29 Oct ₹157.00, 30 Oct ₹155.25, 2 Nov ₹150.00, 3 Nov ₹147.45, 4 Nov ₹140.10, 5 Nov ₹138.20, 6 Nov ₹140.00.

Avana Electrosystems share price, live chart and technicals →

Key dates

Bidding opens12 Jan 2026
Bidding closes14 Jan 2026
Allotment16 Jan 2026
Refunds and shares in demat19 Jan 2026
Listing20 Jan 2026

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)24,000₹2,36,000
HNI (minimum)36,000₹3,54,000

At ₹59 a share. In SME IPOs individuals must bid for at least 2 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)6,20,06,000
HNI / NII18,95,32,000
  HNI, above ₹10 lakh14,89,54,000
  HNI, ₹2–10 lakh4,05,78,000
Total25,15,38,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 14 Jan 2026 17:42.

Applications from individual investors

68,348 applications in the individual investors' category (bidding for the minimum 2 lots).

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹595,242.32 lakh shares99.9%
Lower prices ₹56–586.94 lakh shares0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date9 Jan 2026
Anchor shares16,90,000
Raised from anchors₹9.97 cr
Lock-in ends for the first 50% (30 days)14 Feb 2026
Lock-in ends for the remaining 50% (90 days)15 Apr 2026

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹134 cr₹322 cr
P/E (last 12 months' profit)––
Revenue, last 12 months–
Profit, last 12 months–
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Heavy Electrical Equipment

CompanyListedSubscribedOn listingSince IPO
Karamtara Engineering 17 Sept62.63×+25.98%+47.91%
Kanohar Electricals 16 Sept90.59×+8.47%+57.02%
Anawil Wire and Engineering SME10 Aug–+22.09%+36.11%
Powerica 2 Apr1.45×-7.34%+18.89%
Atlanta Electricals 29 Sept70.63×+13.66%+93.91%
Quality Power Electrical Equipments 24 Feb1.29×+1.18%+220.82%
Transrail Lighting 27 Dec80.80×+36.57%+1.93%

IPO details

Price band₹56–59
Final issue price₹59
Lot size2000 shares
Minimum investment₹2,36,000 (2 lots, the minimum for individuals)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
IndustryHeavy Electrical Equipment
Issue size₹35.22 crore (about 59.70 lakh shares) · Fresh issue + offer for sale: fresh ₹30.54 cr, offer for sale ₹4.68 cr
ISININE1KU201016
RegistrarIntegrated Registry Management Services Private Limited
Helpline: +91 80 23460815, smeipo@integratedindia.in
Lead managersIndcap Advisors Private Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 16 Jan 2026. Check it on the registrar's website (Integrated Registry Management Services Private Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Avana Electrosystems IPO price band and lot size?

The price band is ₹56–59 per share, and one lot is 2000 shares (₹1,18,000 at the upper price).

When is the Avana Electrosystems IPO allotment date?

Allotment was finalised on 16 Jan 2026, the next working day after bidding closed on 14 Jan 2026.

How many times was the Avana Electrosystems IPO subscribed?

Subscription figures are not available yet.

What is the Avana Electrosystems IPO listing date?

It listed on 20 Jan 2026 on NSE Emerge (SME).

When does the Avana Electrosystems anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 14 Feb 2026 and the 90-day lock-in on the rest ends on 15 Apr 2026; they can sell from the next trading day.

What was the Avana Electrosystems listing gain?

It opened at ₹77.50 against an issue price of ₹59, a gain of 31.36%. It is now up 141.10% from the issue price.