Avana Electrosystems IPO
The Avana Electrosystems IPO was a ₹35.22 crore SME issue (fresh issue and offer for sale), open for bidding from 12 Jan to 14 January 2026 at a price band of ₹56 to ₹59. The final issue price was ₹59. Investors bid for 52,49,30,000 shares through 82,700 applications. Shares listed on NSE SME on 20 January 2026 at ₹77.50, 31.4% above the issue price, and closed the first day at ₹80.30.
- Listing gain at open
- +31.4%₹77.50 vs ₹59
- Issue price
- ₹59Band ₹56 to ₹59
- Lot size
- 2,000 sharesMinimum ₹2,36,000
- Issue size
- ₹35.22 crore
- Subscribed
- Not available
- Listed
- 20 Jan 2026NSE SME
Price and lots
Avana Electrosystems IPO details
NSE issue details| Bidding dates | 12 Jan 2026 to 14 Jan 2026 |
| Listing date | 20 January 2026 |
| Price band | ₹56 to ₹59 |
| Final issue price | ₹59 |
| Face value | ₹10 per share |
| Lot size | 2,000 shares, minimum 2 lots for individuals |
| Minimum investment | ₹2,36,000 (4,000 shares, our calculation) |
| Issue size | ₹35.22 crore (our calculation from the NSE issue details) |
| Type of issue | 100 % Book Building, Fresh issue and offer for sale |
| Listed on | NSE SME |
| NSE symbol | AVANA |
| ISIN | INE1KU201016 |
| Lead managers | Indcap Advisors Private Limited |
| Registrar | Integrated Registry Management Services Private Limited |
Subscription and listing
Avana Electrosystems IPO subscription and listing
NSE and BSEFinal subscription
NSE issue details| Category | Shares bid | Applications |
|---|---|---|
| QIBs | 6,20,06,000 | 44 |
| Non-institutional | 18,95,32,000 | 14,308 |
| Individual investors | 27,33,92,000 | 68,348 |
| Total | 52,49,30,000 | 82,700 |
For this SME issue NSE publishes shares bid and applications by category, not times subscribed.
Listing day
Our calculation: gains vs issue price| NSE | |
|---|---|
| Open | ₹77.50 |
| High | ₹81.35 |
| Low | ₹73.65 |
| Close | ₹80.30 |
| Gain at open | +31.4% |
| Gain at close | +36.1% |
| Shares traded | 34,82,000 |
Latest: closed at ₹142.25 on NSE on 6 November 2026, +141.1% vs the issue price (our calculation). Past returns say nothing about future returns.
How it compares
How the Avana Electrosystems IPO compares
Our calculation: 2026 SME IPOs on IPO24by7Among 78 SME IPOs of 2026 on our tracker, its listing gain of 31.4% at open ranks 13th of 75. By issue size it ranks 56th. The median listing-day gain at open for SME IPOs this year is +1.0%. See all 2026 IPOs with listing gains or the IPO calendar for January 2026.
Other SME IPOs listed in January 2026
| IPO | Listed | Issue price | Subscribed | Gain at open |
|---|---|---|---|---|
| KRM Ayurveda | 29 Jan 2026 | ₹135 | - | +27.5% |
| Armour Security (India). | 22 Jan 2026 | ₹57 | - | −20.0% |
| Victory Electric Vehicles International | 14 Jan 2026 | ₹41 | - | −16.0% |
Allotment
Avana Electrosystems IPO allotment status
- Open the registrar's pageIntegrated Registry Management Services Private Limited is the registrar. See registrar links.
- Select Avana Electrosystems LimitedOlder issues may move to an archive list on the registrar's site.
- Enter your PAN, application number or DP IDUse the details you applied with.
- Or check your demat accountAllotted shares were credited before the listing day.
Documents
Questions
Avana Electrosystems IPO FAQs
What was the Avana Electrosystems IPO price band?
The price band was ₹56 to ₹59 per share and the final issue price was ₹59. The face value is ₹10 per share.
What was the Avana Electrosystems IPO lot size?
One lot was 2,000 shares. Individual investors had to apply for at least 2 lots, so the minimum was ₹2,36,000.
What was the Avana Electrosystems IPO listing price?
It opened at ₹77.50 on NSE SME on 20 January 2026, a gain of 31.4% over the issue price of ₹59 (our calculation). It closed the day at ₹80.30.
How do I check Avana Electrosystems IPO allotment status?
Integrated Registry Management Services Private Limited is the registrar. Select Avana Electrosystems Limited on its allotment page and enter your PAN, application number or DP ID. You can also check on the NSE or BSE application status page.
Was the Avana Electrosystems IPO a fresh issue or an offer for sale?
Fresh issue and offer for sale, as stated in the NSE issue details.
Who were the lead managers of the Avana Electrosystems IPO?
Indcap Advisors Private Limited.
Sources: NSE public issue information and IPO detail pages; NSE and BSE end-of-day bhavcopy files. Gains, issue size and minimum investment are our calculations. This page is information only, not a recommendation.