Avana Electrosystems IPO GMP today is Rs 18.5. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
AVANAELECTROSYSTEMS
Avana Electrosystems IPO GMP & Allotment
Avana Electrosystems ₹35.22 crore book-build IPO is open from January 12 to January 14, 2026, with a price band of ₹56 to ₹59 per share and an NSE SME listing on January 19. The company’s profit more than doubled to ₹8.31 crores in 2025 on revenue of ₹62.93 crores, and with strong demand in the power infrastructure sector, the issue is recommended for long-term investors.
- IPO Price Band
- ₹56.00 - ₹59.00
- Lot Size
- 2,000 Shares
- Bidding Closes
- 14 Jan 2026
- Listing Date
- 20 Jan 2026
Quick Answer & Highlights
Avana Electrosystems IPO GMP Today & Key Takeaways
Last updated: 19 Jan 2026
Avana Electrosystems IPO officially listed on 20 Jan 2026 at Rs 77.50, delivering a +31.36% listing gain compared to its issue price of Rs 59.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹18.5.
Avana Electrosystems IPO officially listed on 20 Jan 2026 at ₹77.50, delivering a +31.36% listing gain compared to its issue price of ₹59.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹18.5.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹18.5 | +31.36% vs upper band (19 Jan 2026) |
| Est. Listing Price | ₹77.50 | +31.36% Est. Listing Gain |
| Price Band | ₹56.00 - ₹59.00 | SME IPO |
| Retail Minimum Investment | ₹2,36,000 | 2 Lot (2,000 Shares) |
| Bidding Window | 12 Jan 2026 – 14 Jan 2026 | Listed |
| Allotment & Listing Dates | Allotment: 15 Jan 2026 | Listing: 20 Jan 2026 |
Current GMP Status
₹18.5
+31.36% vs upper band
Est. Listing Gain
+31.36%
Last Trend
19 Jan 2026
Listing Price
₹77.50
Retail Entry
₹2,36,000
IPO Details
Complete IPO information
| IPO Open Date | 12 Jan 2026 |
|---|---|
| IPO Close Date | 14 Jan 2026 |
| IPO Price Band | ₹56.00 - ₹59.00 |
| Lot Size | 2,000 Shares |
| Current GMP | ₹18.5 |
| Estimated Listing Gain | +31.36% |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | 35% |
| Registrar | TBA |
| Overall Subscription | TBA |
| Minimum Investment | ₹2,36,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Avana Electrosystems is priced at ₹59 per share. With a minimum lot size of 2,000 shares, a retail investor applying for one lot would need approximately ₹2,36,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Avana Electrosystems stands at ₹18.5, implying an estimated listing gain of around 31.36% over the issue price if it holds until listing. This is down ₹1 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
12 Jan 2026
✓
Bidding Closes
14 Jan 2026
✓
Allotment
15 Jan 2026
✓
Listing
20 Jan 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 12 Jan 2026 | Completed |
| Bidding Closes | 14 Jan 2026 | Completed |
| Allotment | 15 Jan 2026 | Completed |
| Listing | 20 Jan 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 19 Jan 2026 | ₹12.00 | -₹1.00 | 20.34% |
| 16 Jan 2026 | ₹13.00 | -₹3.00 | 22.03% |
| 13 Jan 2026 | ₹16.00 | +₹2.00 | 27.12% |
| 12 Jan 2026 | ₹14.00 | +₹9.50 | 23.73% |
| 08 Jan 2026 | ₹4.50 | +₹4.50 | 7.63% |
| 07 Jan 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 4,000 | ₹2,36,000 |
| Retail Maximum | 2 Lot | 4,000 | ₹2,36,000 |
| S-HNI Minimum | 3 Lot | 6,000 | ₹3,54,000 |
| S-HNI Maximum | 8 Lot | 16,000 | ₹9,44,000 |
| B-HNI Minimum | 9 Lot | 18,000 | ₹10,62,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Avana Electrosystems IPO Market Lot
The Avana Electrosystems IPO minimum market lot is 4,000 shares with an application amount of ₹2,36,000.
| Application | Shares | Amount |
|---|---|---|
| Retail Minimum | 4,000 | ₹2,36,000 |
| Retail Maximum | 4,000 | ₹2,36,000 |
| S-HNI Minimum | 6,000 | ₹3,54,000 |
| S-HNI Maximum | 16,000 | ₹9,44,000 |
| B-HNI Minimum | 18,000 | ₹10,62,000 |
Analysis
IPO Reservation
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor | – | – |
| QIB (Ex. Anchor) | – | 50% |
| NII Shares Offered | – | 15% |
| Retail Shares Offered | – | 35% |
Analysis
Avana Electrosystems IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 12 Jan 2026 |
| IPO Close Date | 14 Jan 2026 |
| Basis of Allotment | 15 Jan 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 20 Jan 2026 |
Note: The timeline for Avana Electrosystems IPO is tentative and subject to change.
Analysis
Avana Electrosystems IPO Dates
| IPO Open Date | January 12, 2026 |
| IPO Close Date | January 14, 2026 |
| Basis of Allotment | January 15, 2026 |
| Refunds | January 16, 2026 |
| Credit to Demat Account | January 16, 2026 |
| IPO Listing Date | January 19, 2026 |
| IPO Bidding Cut-off Time | January 14, 2026 – 5 PM |
Analysis
Avana Electrosystems Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
Objects of the Issue & Utilisation of Proceeds
| Purpose | Amount (₹ in Crores) |
|---|---|
| Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit | ₹11.55 |
| To meet Working Capital requirements of the Company | ₹8.40 |
| General Corporate Purpose | – |
Analysis
Avana Electrosystems Company Financials
To Be Updated Soon
Analysis
Avana Electrosystems Company Valuation – FY2026
To Be Updated Soon
Analysis
Avana Electrosystems IPO Peer Group Comparison
To Be Updated Soon
Analysis
Peer Group Comparison
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Danish Power Limited | 34.55 | 30.18 | 18.00% | 162.51 | ₹432.95 Cr. |
| Aartech Solonics Limited | 0.87 | 73.86 | 8.74% | 19.80 | ₹39.33 Cr. |
Comparison
Compare Avana Electrosystems IPO with similar IPOs
FAQ
Avana Electrosystems IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 18.5 and an issue price of Rs 59, the estimated listing price for Avana Electrosystems IPO is Rs 77.50 (approx 31.36% listing gain). Actual listing price is determined by market demand on the listing day.
Avana Electrosystems IPO price band is Rs 56.00 to Rs 59.00. Check the latest issue price, lot size and GMP together before applying.
Avana Electrosystems IPO open date is 12 Jan 2026, close date is 14 Jan 2026, and listing date is 20 Jan 2026.
Avana Electrosystems IPO lot size is 2,000 shares. The minimum retail investment is Rs 2,36,000.
Avana Electrosystems is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Avana Electrosystems IPO subscription status currently shows Subscription data is currently awaited.
Avana Electrosystems ₹35.22 crore book-build IPO is open from January 12 to January 14, 2026, with a price band of ₹56 to ₹59 per share and an NSE SME listing on January 19. The company’s profit more than doubled to ₹8.31 crores in 2025 on revenue of ₹62.93 crores, and with strong demand in the power infrastructure sector, the issue is recommended for long-term investors.
Avana Electrosystems IPO issue size is TBA and the expected allotment date is 15 Jan 2026.
In our empirical study of 104 Indian IPO listings, positive GMP was followed by a positive listing gain 69.9% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 7.8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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