Avana Electrosystems IPO Date, Price, GMP & Review 2026

Avana Electrosystems IPO has become one of the most closely monitored SME IPOs in the first quarter of 2026. Avana Electrosystems IPO date will be launched between 12th and 14th January 2026 and priced between a ₹56 to ₹59 per share price band, so that it becomes affordable to investors seeking emerging growth prospects.

The IPO also gained attention because of its health as it pertains to its healthy grey market premium (GMP) of more than 20, which means the pre-listing sentiment is very strong. Nevertheless, the figures are promising, and investors should know that SME IPOs are significantly different in terms of liquidity and flexibility of exit, as compared with mainboard IPOs.

In this step-by-step guide, we have deconstructed the dates, Avana Electrosystems IPO price, Avana Electrosystems IPO GMP, financials, risks and a realistic checklist of Avana Electrosystems Pvt Ltd IPO so that you can make a wise decision.

Avana Electrosystems IPO Dates

Particulars	Details
IPO Open Date	12 January 2026
IPO Close Date	14 January 2026
Basis of Allotment	15 January 2026
Refund Initiation	16 January 2026
Listing Date (Tentative)	19 January 2026
Stock Exchange	NSE SME

About Avana Electrosystems Pvt Ltd

Avana Electrosystems Pvt Ltd is an engineering-oriented firm that deals with designing and production of control panels, relay panels and electrical protective devices. Its solutions are mainly applied in power transmission, power distribution networks, and electrical infrastructure in industries.

The company serves both government and the private sector customers in need of reliable power and automation systems to support the increasing power needs of India. Avana Electrosystems has over the years concentrated on product portfolio development and operational effectiveness as can be seen through its improving financial performance.

Key Highlights

Conducts business in electricity and power infrastructure
Manufactures control and relay panels
Supplies to utilities, EPC contractors, and industrial clients
Focus on quality, compliance, and customised engineering solutions

Avana Electrosystems IPO Key Details

Particulars	Details
IPO Name	Avana Electrosystems Pvt Ltd
Avana Electrosystems IPO Date	Jan 12-14, 2026
Avana Electrosystems IPO Price Band	₹56 – ₹59 per share
Face Value	₹10 per share
Lot Size	2,000 shares
Minimum Investment	Approx. ₹1.18 lakh
Issue Size	₹35.22 crore
Issue Type	Book Built Issue

Avana Electrosystems IPO Price Band

Avana Electrosystems Pvt Ltd launched its IPO in January 2026 with a price band fixed between ₹56 and ₹59 per share, as part of its book-built issue on the NSE EMERGE platform. The offer comprised around 60.9 lakh equity shares, including fresh issuance and offer-for-sale components, aimed at raising approximately ₹35 crore to support expansion of its manufacturing capabilities and meet working capital requirements.

Investors showed early interest in the issue, reflected by a positive grey market premium during the subscription period, indicating expectations of a healthy debut once trading begins.

The minimum application for individual investors was set at 4,000 shares (two lots), aligning with the company’s SME-oriented approach and positioning it to attract both retail and high-net-worth participants seeking exposure to an established electrical systems manufacturer.

Avana Electrosystems IPO GMP

As of the latest updates, the Avana Electrosystems IPO GMP is trading around ₹13-₹14 per share, indicating an estimated listing premium of approximately 23-24% over the upper price band.

GMP Snapshot

IPO Price: ₹59
GMP: ₹14
Estimated Listing Price: ₹73
Expected Gain: 23.7%

Important Note: GMP is an unofficial indicator and reflects market sentiment only. It does not guarantee listing gains or future performance.

Financial Performance Overview

A company’s fundamentals play a crucial role in IPO evaluation. Avana Electrosystems has shown consistent improvement in revenue and profitability over recent financial years.

Financial Year	Revenue	Profit After Tax
FY23	28.59	0.92
FY24	53.26	4.02
FY25	62.93	8.31

Key Financial Insights

Revenue has more than doubled over three years
Profitability has improved significantly
Net worth has strengthened, supporting future growth
Operating margins have expanded steadily

How to apply for Avana Electrosystems IPO?

Step-by-Step Application Process

Login to Your Trading/Demat Platform
Open your broker’s app or website (e.g., Zerodha, Groww, Angel One).
Go to the IPO Section
Find the IPO section where active issues are listed.
Choose the Avana Electrosystems IPO
Select the Avana Electrosystems IPO (open subscription date Avana Electrosystems IPO Date: Jan 12-14, 2026).
Enter Quantity & Price Band
Pick the number of lots you want to apply for within the Avana Electrosystems IPO price band ₹56-₹59 per share.
Submit Your UPI ID
Enter your UPI ID – this triggers a payment mandate in your UPI app.
Approve the UPI Mandate
Open your UPI app (like Google Pay/PhonePe/BHIM), and approve the mandate to block funds in your bank account.

Confirmation & Allotment
Once submitted, you’ll get a success message. After the IPO closes, check allotment status via your broker or the registrar site.

Notes

Funds aren’t debited immediately – they’re blocked via UPI/ASBA until allotment is finalized.
If you’re not allotted any shares, the block is released automatically.

Why Are Investors Interested in Avana Electrosystems IPO?

Strong Earnings Growth: The company has demonstrated a sharp rise in profits, indicating improving operational efficiency and scale.
Presence in a Critical Sector: Electrical and power infrastructure remains a long-term growth sector due to increasing energy demand and grid modernisation.
Positive Market Sentiment: A GMP above 20% suggests strong interest from short-term and listing-gain-focused investors.
SME Growth Potential: SME IPOs can deliver strong returns when backed by solid fundamentals and sustainable business models.

Important Warning: Risks in SME IPOs

While the Avana Electrosystems IPO appears attractive, investors must clearly understand SME-specific risks.

Low Liquidity Risk

SME stocks usually trade with limited volumes after listing, which means:

Selling shares quickly can be difficult
Partial selling is often not possible
Exit may require patience even during market rallies

Higher Volatility

SME stocks can witness sharp price movements due to low participation and thin order books.

Business Concentration Risk

Smaller firms are more exposed to client concentration, industry stagnation or implementation problems. Investors taking long-term swings in the market are most likely to get the best out of SME IPO.

IPO Application Checklist (Must-Check Before Applying)

Before applying to any IPO, including Avana Electrosystems, run through this checklist:

Avana Electrosystems IPO GMP above 20%
Strong or healthy subscription response
Consistent revenue and profit growth
Improving net worth and margins
Clear business model and sector visibility
Management credibility and experience
Comfort with low liquidity post-listing
Valuation reasonable compared to peers

Conclusion

Avana Electrosystems IPO is one of the promising SME issues with promising financial growth, good market sentiment, and relevance to the sector. Having price band of ₹56-59, and GSM of above 20%, it can appeal to investors who want both listing returns, and also those who want medium term exposure.

SME IPOs are less liquid with a lot of volatility, which is not suitable in case of investors requiring an immediate exit or partial sale option. In case you are not apprehensive about these risks and consider the IPO with a systematic checklist, Avana Electrosystems IPO can be viewed as the part of some diversified portfolio.

Disclaimer

The article is educational and informational in nature. The investments in IPOs are exposed to the risks of the market such as the risk of capital loss. Before investing, the readers should do their own research or hire a certified financial advisor.

Also Read : Amagi Media Labs IPO date, Price, GMP, Reviews 2026.