Listed Price₹77.50
Listing Gain+31.36%
Price Band₹56 - ₹59
Lot Size2,000 shares
Min Bid₹1,18,000
Subscription131.89x
Listed Market Snapshot
₹77.50Listed price from market data
+31.36%listing gain
Issue Amount
₹35.22 Cr
Listed Price
₹77.50
Current Price
₹121.95
Registrar
Integrated Registry Management Services Private Limited
Timeline•Bookbuilding IPO
Open12 Jan 2026
Close14 Jan 2026
Allotment16 Jan 2026
Listing20 Jan 2026
Quota Reservation Portions
AnchorPortion: 16,90,000 shares
28.31%QIBPortion: 11,28,000 shares
18.89%HNIPortion: 8,64,000 shares
14.47%RetailPortion: 19,88,000 shares
33.3%Market MakerPortion: 3,00,000 shares
5.03%Minimum Application Bracket Matrix
Retail2 lots / 4,000 shares
₹2,36,000sHNI3 lots / 6,000 shares
₹3,54,000bHNI9 lots / 18,000 shares
₹10,62,000About the Company
Incorporated in 2010, Avana Electrosystems Limited is engaged in the manufacturing of customised control and relay panels used for power system monitoring, control, and protection applications such as transmission lines, power transformers, bus bars, and capacitor banks. The company offers control and relay panels ranging from 11 kV to 220 kV for both indoor and outdoor usage, along with MV and LV panels, protection relays, substation automation systems, relay test blocks, and test plugs. Avana Electrosystems operates two manufacturing units located at Peenya Industrial Estate, Bengaluru, Karnataka, focusing on industrial production supported by advanced engineering capabilities.
Company Promoters
Anantharamaiah PanishGururaj DambalS. Vinod KumarK. N. Sreenath
Lead Managers
Registrar
Integrated Registry Management Services Private Limited