Avana Electrosystems SME IPO GMP History
Avana Electrosystems SME IPO has been listed on January 19, 2026 at a listing price of ₹77.50, against the issue price of ₹59 — a gain of ₹18.5 (+31.36%). The GMP peaked at ₹16 on 14 January 2026 and reached a low of ₹8 on 10 January 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Avana Electrosystems SME IPO raised ₹₹35 Cr. Cr. through its IPO at a price band of ₹56 to 59 per share, with a lot size of 2000 Shares shares. The IPO was open for subscription from 12 Jan 2026 to 14 Jan 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 25 Aug, 12:56 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 15 Jan 2026 | ₹ 13 | ▼ | 22% | — | ₹ 19800 |
| 14 Jan 2026 | ₹ 16 | — | 27% | — | ₹ 24300 |
| 13 Jan 2026 | ₹ 16 | ▲ | -- | — | ₹ 24300 |
| 12 Jan 2026 | ₹ 14 | ▲ | -- | — | ₹ 21300 |
| 10 Jan 2026 | ₹ 8 | — | -- | — | ₹ 12200 |
| 09 Jan 2026 | ₹ 8 | ▼ | -- | — | ₹ 12200 |
| 08 Jan 2026 | ₹ 9 | — | -- | — | — |
Avana Electrosystems SME IPO dates
Key dates from opening to listing. Today is 30 October.
- Open 12 Jan 2026
- Close 14 Jan 2026
- Allotment 15 Jan 2026
- Refund/credit 16 Jan 2026
- Listing 19 Jan 2026
Avana Electrosystems SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹59 |
|---|---|
| GMP-based estimate (pre-listing) | ₹69 (+23.2%) |
| Listing gain / loss | +₹18.5 per share |
| Listing date | 19 Jan, 2026 |
| Actual listing price | ₹77.50 (+31.36%) |
Is Avana Electrosystems SME IPO GMP reliable?
Grey market premium for Avana Electrosystems SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Avana Electrosystems SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Avana Electrosystems SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Avana Electrosystems SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹19800. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Avana Electrosystems SME IPO
Avana Electrosystems Limited was established with a vision to provide reliable and efficient electrical and automation solutions to various industries. Over the years, the company has built a strong foundation by delivering quality-driven products and services. Promoted by experienced professionals with technical and industry expertise, the company has focused on innovation and customer-centric solutions, helping it gradually expand its presence across different industrial segments in India.
The company is engaged in the design, manufacturing, and supply of electrical panels, automation systems, and related components used in power distribution and industrial operations. Its business model revolves around customised solutions, project-based execution, and long-term client relationships. By catering to sectors such as infrastructure, manufacturing, and energy, Avana Electrosystems has positioned itself as a dependable player with a growing footprint in both domestic and select international markets.
Frequently asked
What is the GMP of Avana Electrosystems SME IPO?
The current Grey Market Premium (GMP) of Avana Electrosystems SME IPO is ₹ 13.
What is the Kostak Price of Avana Electrosystems SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Avana Electrosystems SME IPO is not available.
What is the Subject to Sauda Price of Avana Electrosystems SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is Retail: ₹19800.
What was the actual listing price of Avana Electrosystems SME IPO?
Avana Electrosystems SME IPO listed on January 19, 2026 at ₹77.50, against the issue price of ₹59 — a gain of +31.36%.
How did the GMP of Avana Electrosystems SME IPO trend before listing?
The GMP of Avana Electrosystems SME IPO was falling in its final days before listing. The GMP peaked at ₹16 on 14 January 2026. View the day-wise table above for the complete GMP history.
Explore Avana Electrosystems SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
