SME • IPO

Avana Electrosystems IPO (NSE SME) IPO

Minimum Investment

₹236,000

Price Range

₹56 to ₹59

Lot Size

2000 shares

Issue Size

₹35 Cr

About the Company

Incorporated in 2010, Avana Electrosystems Limited is engaged in manufacturing of customised Control and Relay Panels.

Issue Type

Bookbuilding IPO

IPO Objectives

  • Capital expenditure towards civil construction, internal electric work and internal plumbing to set up an integrated manufacturing unit
  • To meet Working Capital requirements of the Company
  • General Corporate Purposes

Important Dates

Bid/Offer Opens On12-01-2026
Bid/Offer Closes On14-01-2026
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat
IPO Listing Date

Grey Market Premium (GMP)

₹16.00 per share

Last updated 14-01-2026 12:20

Registrar

Integrated Registry Management Services Pvt.Ltd.

Lead Managers

  • Indcap Advisors Pvt.Ltd

Company Promoters

  • Anantharamaiah Panish
  • Gururaj Dambal
  • S Vinod Kumar and K N Sreenath are the promoters of the company.\r\n