
₹56-₹59 Issue Size
₹35.22 Cr.
₹2,24,000.00 Max Bid
₹5,00,000.00
5970000 Min Qty
4000
About AVANA ELECTROSYSTEMS LIMITED
Avana Electrosystems IPO is a book build issue of Rs 35.22 crores. The issue is a combination of fresh issue of 0.52 crore shares aggregating to Rs 30.54 crores and offer for sale of 0.08 crore shares aggregating to Rs 4.68 crores.
Avana Electrosystems IPO opens for subscription on Jan 12, 2026 and closes on Jan 14, 2026. The allotment for the Avana Electrosystems IPO is expected to be finalized on Jan 15, 2026. Avana Electrosystems IPO will list on NSE SME with a tentative listing date fixed as Jan 19, 2026.
Avana Electrosystems IPO price band is set at Rs 56 to Rs 59 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is Rs 2,36,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to Rs 3,54,000.
Indcap Advisors Pvt.Ltd. is the book running lead manager and Integrated Registry Management Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Asnani Stock Broker Pvt.Ltd..
AVANA ELECTROSYSTEMS LIMITED Timeline
| Issue open date | 12 Jan 2026 10 AM |
| Issue close date | 14 Jan 2026 5 PM |
| Allotment finalization | 15 Jan 2026 |
| Refund initiation | 16 Jan 2026 |
| Share credit | 16 Jan 2026 |
| Listing date | 19 Jan 2026 |