Avana Electrosystems IPO Allotment Status: The basis of allotment for the Avana Electrosystems IPO will be finalised on January 16, Friday, as the markets remain closed on Thursday. Once finalised, investors
will receive bank debit messages. Investors can also check the IPO allotment status on the websites of the BSE, the NSE, as well as on the portal of registrar Integrated Registry Management Services.
Its listing will take place on Monday, January 19. According to market observers, the grey market premium (GMP) of the IPO currently stands at 22.03 per cent, which signals decent listing gains for investors.
The IPO was open for public subscription between January 12 and January 14. It received a whopping overall subscription of 131.82 times subscription. Its retail category received 137.52x subscription, its non-institutional investor (NII) category received 219.02 times subscription, and its qualified institutional buyer (QIB) portion got 54.97 times bidding.
Avana Electrosystems IPO Listing Date
The shares of Avana Electrosystems Ltd, which is a manufacturing of customised control and relay panels, will be listed on both the NSE’s SME platform on January 19, Monday.
Avana Electrosystems IPO Allotment Status
Once the Avana Electrosystems IPO allotment is finalised, the allotment status can be checked online by following these steps:
1) Visit registrar Integrated Registry Management Services’ portal – https://www.integratedregistry.in/IRMS_V2/IPOlink_v2.aspx.
2) Under ‘Select Company’, select ‘Avana Electrosystems Limited’ from the drop box.
3) Enter your application number, demat account, or permanent account number (PAN).
5) Then, click on the ‘Submit’ button.
Your share application status will appear on your screen.
Via NSE’s Website
The allotment status can also be checked on the NSE’s website at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.
Avana Electrosystems IPO: More Details
The initial public offering of Avana Electrosystems is a book-built issue aggregating Rs 35.22 crore. The issue comprises a fresh issue of 0.52 crore equity shares worth Rs 30.54 crore, along with an offer for sale of 0.08 crore shares amounting to Rs 4.68 crore.
The IPO opened for subscription on January 12, 2026, and closed on January 14, 2026. Shares of Avana Electrosystems are proposed to be listed on the NSE SME platform, with the tentative listing date set for January 19, 2026.
The price band for the issue has been fixed at Rs 56-Rs 59 per share.
Indcap Advisors Pvt Ltd is acting as the book-running lead manager to the issue, Integrated Registry Management Services Pvt Ltd has been appointed as the registrar, and Asnani Stock Broker Pvt Ltd will serve as the market maker.
Founded in 2010, Avana Electrosystems Ltd is involved in the manufacture of customised control and relay panels. The company designs and supplies control and relay panels with voltage ratings ranging from 11 kV to 220 kV for power system monitoring, control and protection applications. These solutions are used across transmission lines, power transformers, bus bars, capacitor banks and other installations, and are suitable for both indoor and outdoor environments. Its product portfolio also includes medium- and low-voltage panels, protection relays and substation automation systems.
