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Avana Electrosystems IPO Subscription Status

Avana Electrosystems IPO was subscribed 87.93 times when bidding closed on 14 Jan 2026: QIB 22x, NII 219.37x, Retail 137.52x.

The Avana Electrosystems IPO has been subscribed 87.93x times overall. Retail investors have shown interest with bids for 137.52x the shares available. The Non-Institutional Investor (NII) category has been subscribed 219.37x. Within NII, Big HNI (B-HNI) subscribed 258.6x and Small HNI (S-HNI) subscribed 140.9x. Qualified Institutional Buyers (QIBs) have subscribed 22x. Data last updated on 25 Aug, 12:56 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 12 Jan, 2026 and closes on 14 Jan, 2026. The shares are expected to list on stock exchanges on 19 Jan, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 25 Aug 2026, 12:56 PM
Category Bid details Times
QIB 6,20,06,000 of 28,18,000 44 applications 22x
NII 18,95,32,000 of 8,64,000 14,308 applications 219.37x
bHNI — bid amount above ₹10 Lakh
14,89,54,000 258.60
sHNI — bid amount ₹2–10 Lakh
4,05,78,000 140.90
Retail 27,33,92,000 of 19,88,000 68,348 applications 137.52x
TOTAL 52,49,30,000 82,700 applications 87.93x
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Avana Electrosystems IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 138
~0.7% chance per PAN — based on 137.52x subscription. Winners get exactly 1 lot by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 141
~0.7% chance — based on 140.9x subscription. Lottery allots the minimum S-HNI application per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 259
~0.4% chance — based on 258.6x subscription. Lottery allots the minimum NII application per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
22x
Proportionate allotment — at 22x, institutions receive ~4.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 138 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 22x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
14 Jan 2026
Day 3
131.82x ▼
QIB54.97x NII219.02x Retail137.52x
13 Jan 2026
Day 2
21.71x ▼
QIB2.02x NII31.66x Retail28.55x
12 Jan 2026
Day 1
2.58x ▼
QIB0.00x NII2.85x Retail3.92x

Avana Electrosystems SME IPO dates

From the bidding window to listing. Today is 30 October.

Key dates Listed
  1. Open 12 Jan 2026
  2. Close 14 Jan 2026
  3. Allotment 15 Jan 2026
  4. Refund/credit 16 Jan 2026
  5. Listing 19 Jan 2026

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Avana Electrosystems IPO?

As of IPO close date (14 Jan, 2026), the Avana Electrosystems IPO is subscribed 87.93x times. Retail category is 137.52x, and NII is 219.37x subscribed.

When is the allotment date for Avana Electrosystems IPO?

The allotment for Avana Electrosystems IPO is expected to be finalized on 15 January, 2026.

What is the GMP of Avana Electrosystems?

The Grey Market Premium (GMP) for Avana Electrosystems is currently ₹13, indicating a potential listing gain of 22%.

When will Avana Electrosystems IPO list on the stock market?

Avana Electrosystems is scheduled to list on BSE and NSE on 19 January, 2026.

What are the chances of getting allotment in Avana Electrosystems IPO?

The retail category is oversubscribed at 137.52x, meaning allotment is by lottery. Statistically, approximately 1 in 138 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 22x mean for Avana Electrosystems IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 22x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Avana Electrosystems IPO allotment status?

After the allotment date (15 Jan, 2026), you can check your Avana Electrosystems IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
87.93x
QIB
22x
NII
219.37x
Retail
137.52x
Full IPO details
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