Avana Electrosystems Ltd IPO Day 1 Subscriptions Status: Check Bidding Details

Summary of IPO:

Avana Electrosystems Ltd IPO consists of an offer for sale of 4.68 shares and a fresh issue of ₹30.54. The IPO’s price band is ₹56 – ₹59 per share. The company’s shares will be listed on NSE - SME on 19 Jan 26

The initial public offering of Avana Electrosystems Ltd ended the first day with investors bidding - times the available shares. The retail investor portion of the IPO was subscribed - times the available shares on offer. Retail investors have -/- (-%) shares of the total issue reserved for them.

At the end of bidding on day 1, the qualified institutional buyers -/- (-%) portion of the IPO got bids for - times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for - times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Avana Electrosystems Ltd IPO

Offer for sale: 4.68 shares 

Fresh issue: 30.54 

Price Band: ₹56 – ₹ 59 per share 

Bid open dates: 12 Jan 26 

Allotment date: 15 Jan 26 

Listing date: 19 Jan 26