ListedSMEPower Generation/DistributionAVANA

Avana Electrosystems IPO

Avana Electrosystems IPO is an SME IPO raising ₹35 Cr at ₹56 – ₹59 a share. It listed on 19 Jan 2026 and trades at ₹160 today, +171.9% against its issue price of ₹59. It was subscribed 131× in total.

₹59
Issue price
₹160
Price now
+171.9%
Since issue price
19 Jan 2026
Listed on
131×Subscribed (final) · all exchanges

131.3 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

185 SME issues listed in 2026 that we can price today. This is the group this issue belongs to.

−2.7%
Median return since issue price
51.9%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidNot available from NSE for this issue
How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrar1 bank
Official documents3 documents
Listing-day priceNot published for this issue — the exchanges only began carrying it during 2024
Performance since listingComputed from our own daily closes

Led by Indcap Advisors Private Limited — median +96.8% across the 3 of its issues we can price. All lead managers →

What happens when

9 JanPre-apply
12 JanBidding opens
14 JanBidding closes
16 JanAllotment
16 JanRefunds
19 JanListing
25 FebMandate ends

Track AVANA ELECTROSYSTEMS LTD

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Open the company page

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.