• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Equity | News | Hot Pursuit
Hot Pursuit
NSE SME Avana Electrosystems powers a strong debut
(11:25, 20 Jan 2026)
The scrip was listed at Rs 77.50, a premium of 31.36% compared with the initial public offer (IPO) price. The stock is currently down 1.94% over its listing price.

The counter hit a high of Rs 81.35 and a low of Rs 73.65. About 31.62 lakh shares of the company changed hands at the counter.

Avana Electrosystems' IPO was subscribed 122.64 times. The issue opened for bidding on 12 January 2026 and it closed on 14 January 2026. The price band of the IPO was set at Rs 56 to Rs 59 per share.

The IPO comprised 59,70,000 equity shares, including a fresh issue of 51,76,000 equity shares and offer for sale (OFS) of 7,94,000 equity shares.

The company intends to utilize the net proceeds for 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 and general corporate purposes.

Ahead of the IPO, Avana Electrosystems on 9 January 2026, raised Rs 9.97 crore from anchor investors. The board allotted 16.90 lakh shares at Rs 59 per share to 5 anchor investors.

Avana Electrosystems is a manufacturer of customised control and relay panels ranging from 11 kV to 220 kV for power system monitoring, control, and protection applications, including transmission lines, power transformers, bus bars, capacitor banks, and more, for both indoor and outdoor use. The company also manufactures MV and LV panels, protection relays, and substation automation systems. These panels are used across various sectors and industries to facilitate the transmission and distribution of electrical power. As of 30 November 2025, the company had 137 permanent employees.

The company recorded revenue from operations of Rs 35.75 crore and net profit of Rs 5.61 crore for the period ended 30 September 2025.

Powered by Capital Market - Live News

.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY)
Unit No. 210/211/211A at 2nd floor, Dalal Street Commercial Cooperative Society Ltd, Block No.53, Zone 5, Gift City, Gandhinagar, Gujarat-382355 Head Office – 114, New Delhi House, 27 Barakhamba Road, Delhi 110001 011-43606162 compliance@dbonline.in
51, Mini Market T/F Mandir Wali Gali, Yusaf Sarai, New Delhi 110016 011-35936102 greenpark@dbonline.in
C-12, DB Plaza, RDC Raj Nagar, Ghaziabad 201002 0120-4150393 ghaziabad@dbonline.in
Plot No 4, Wasme House, Film City Sector 16A, Noida – 201301 0120-4823200 compliance@dbonline.in
Out Side Jassusar Gate, Bikaner, Rajasthan – 334001 9001643408 bikaner@dbonline.in
Office No 101, City Center, Opp. High Court, M G Road, Indore 452001 9424083019 brajeshsadani@dbonline.in
203, Marshal House 25, Strand Road, Kolkata 700001 033-40055270 b032@dbonline.in
Shop No.-7, 2nd Floor, Amar Complex, Opp. Hanumaan Mandir, The Mall, Solan- 173212 6230604596 parwanoo@dbonline.in
Daga Commodities Private Limited INZ000028833 114, New Delhi House, 27 Barakhamba Road, Delhi 110001- 0120-4823200 compliance@dbonline.in
Daga Business (International) Stock Brokers (IFSC) Private Limited INZ000202436 Unit No. 228, Signature Building, Second Floor, Block 13B, Zone-1, Gift SEZ, Gandhinagar, Gujarat 382355 - 0120-4823200 compliance@dbonline.in

Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

Investor Grievances Email ID: investorgrievance@dbonline.in


Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries | Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020. | Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. | Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month........... Issued in the interest of Investors"