Avana Electrosystem IPO is a book-building issue of ₹35.22 cr, which is a mix of a fresh issue of 0.52 cr and an offer for sale of 0.08 cr. The price band is set at ₹56 to ₹59 per share and the lot size for an application is 2,000. The minimum investment required by an individual investor is ₹2,36,000 (4,000 shares). The IPO opens for subscription on Jan 12, 2026 and closes on Jan 14, 2026. Their IPO will list on the NSE SME with a tentative listing date fixed as Jan 19, 2026.

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