Avana Electrosystems SME IPO Subscription Status
Avana Electrosystems SME IPO closed on 14 January 2026 with an overall subscription of 131.89x based on shares applied. QIB demand came in at 54.97x, NII at 219.37x, and retail at 137.52x.
Allotment will be finalised on 15 January 2026. The stock is scheduled to list on NSE and BSE on 19 January 2026.
Issue Price
Rs 59.00
GMP Today
Rs 11.00 (+18.64%)
Overall Subscription
131.89x
Issue Size
₹33.45 Cr
Allotment Date
15 Jan 2026
Listing Date
19 Jan 2026
Avana Electrosystems SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 59.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 6.66 Cr | Rs 365.84 Cr | 54.97x |
| FII | - | Rs 90.73 Cr | - |
| DFI | - | Rs 1.01 Cr | - |
| Mutual Funds | - | Rs 75.52 L | - |
| Other | - | Rs 273.34 Cr | - |
| NII | Rs 5.10 Cr | Rs 1,118.24 Cr | 219.37x |
| bNII (above Rs 10L) | Rs 3.40 Cr | Rs 878.83 Cr | 258.60x |
| Corporate | - | Rs 14.07 Cr | - |
| Individual | - | Rs 854.65 Cr | - |
| Other | - | Rs 10.11 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.70 Cr | Rs 239.41 Cr | 140.90x |
| Corporate | - | Rs 3.45 Cr | - |
| Individual | - | Rs 231.17 Cr | - |
| Other | - | Rs 4.79 Cr | - |
| IND | Rs 11.73 Cr | Rs 1,613.01 Cr | 137.52x |
| Total | Rs 23.48 Cr | Rs 3,097.09 Cr | 131.89x |
Avana Electrosystems SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 564 | 44 | 0.08x |
| FII | - | 14 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | 2 | - |
| Other | - | 27 | - |
| NII | 144 | 14,308 | 99.36x |
| bNII (above Rs 10L) | 96 | 8,044 | 83.79x |
| Corporate | - | 116 | - |
| Individual | - | 7,835 | - |
| Other | - | 93 | - |
| sNII (Rs 2L to Rs 10L) | 48 | 6,264 | 130.50x |
| Corporate | - | 96 | - |
| Individual | - | 6,037 | - |
| Other | - | 131 | - |
| IND | 497 | 68,348 | 137.52x |
| Total | 1,205 | 82,700 | 68.63x |
What Do These Subscription Numbers Mean?
A subscription of 131.89x by shares means the IPO received bids for 132 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 54.97x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 54.97x, it reflects serious institutional conviction.
NII at 99.36x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 83.79x and sNII at 130.50x by applications. Share subscription was 219.37x. Allotment uses application count, not share volume.
At 137.52x subscription by applications, approximately 1 in 138 retail applicants can expect an allotment (~1% per application). Retail allotment is done by lottery when oversubscribed.
Avana Electrosystems SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 137.52x.
- •Allotment odds: about 1 in 138 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 130.50x.
- •Allotment odds: about 1 in 131 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 140.90x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 83.79x.
- •Allotment odds: about 1 in 84 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 258.60x. Allotment uses application count, not share volume.
Check the Avana Electrosystems SME IPO Allotment Status page from 15 January 2026 for your allotment result.
Avana Electrosystems SME IPO GMP After Subscription
GMP for Avana Electrosystems SME stands at Rs 11.00 today, giving an estimated listing price of Rs 70.00 per share.
A subscription of 131.89x combined with a GMP of 18.64% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Avana Electrosystems SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Avana Electrosystems SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 12 Jan 2026 | 0.00x | 2.85x | 3.92x | 2.58x |
| Day 2 - 13 Jan 2026 | 2.02x | 31.66x | 28.55x | 21.71x |
| Day 3 - 14 Jan 2026 | 54.97x | 219.02x | 137.52x | 131.82x |
Avana Electrosystems SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 12 January 2026 |
| IPO Close Date | 14 January 2026 |
| Allotment Date | 15 January 2026 |
| Refund Initiation | 16 January 2026 |
| Share Credit to Demat | 16 January 2026 |
| Listing Date | 19 January 2026 |
| Minimum Investment | Rs 2,36,000.00 |
| Lot Size | 2000 shares |
About Avana Electrosystems SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Avana Electrosystems SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Avana Electrosystems SME IPO Allotment Status
Check allotment result on allotment date
Avana Electrosystems SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Avana Electrosystems SME IPO Subscription FAQs
What is Avana Electrosystems SME IPO subscription status today?
Avana Electrosystems SME IPO subscription closed on 14 January 2026 with overall subscription of 131.89x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 54.97x, NII 99.36x, IND 137.52x.
What is the overall subscription of Avana Electrosystems SME IPO?
Avana Electrosystems SME IPO is subscribed 131.89x overall by shares at close on 14 January 2026. QIB 54.97x, NII 99.36x, and IND 137.52x.
What is Avana Electrosystems SME IPO QIB subscription?
Avana Electrosystems SME IPO QIB (Qualified Institutional Buyers) subscription is 54.97x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Avana Electrosystems SME IPO IND subscription?
Avana Electrosystems SME IPO IND subscription is 137.52x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Avana Electrosystems SME IPO NII subscription?
Avana Electrosystems SME IPO NII (Non-Institutional Investors) subscription is 99.36x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Avana Electrosystems SME IPO for retail?
At 137.52x subscription by applications, approximately 1 in 138 retail applicants can expect an allotment (~1% per application). Allotment is done by lottery.
When is Avana Electrosystems SME IPO allotment date?
Avana Electrosystems SME IPO allotment date is 15 January 2026. Check Avana Electrosystems SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Avana Electrosystems SME IPO subscription close?
Avana Electrosystems SME IPO subscription closed on 14 January 2026. No new applications are accepted after the close.
What is Avana Electrosystems SME IPO GMP today?
Avana Electrosystems SME IPO GMP is ₹11 today (+18.64% over issue price ₹59). See live GMP on the Avana Electrosystems SME IPO GMP Today page.
What is Avana Electrosystems SME IPO issue price and lot size?
Avana Electrosystems SME IPO issue price is ₹59 per share. Lot size is 2000 shares. Minimum investment is ₹2,36,000 per lot (minimum 2 lots for SME). Issue size: ₹33.45 Cr.
When is Avana Electrosystems SME IPO listing date?
Avana Electrosystems SME IPO listing date is 19 January 2026 on NSE and BSE. Allotment is on 15 January 2026.
How does subscription affect Avana Electrosystems SME IPO allotment?
Allotment odds in Avana Electrosystems SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 99.36x by applications means roughly 1 in 99 for minimum-lot bids; bNII at 83.79x (~1 in 84). At 131.89x overall, competition is very high.
For allotment results from 15 January 2026, visit the Avana Electrosystems SME IPO Allotment Status page. For listing day updates on 19 January 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.