IPO Details
IPO Open Date
28 Jan 2026
IPO Close Date
30 Jan 2026
Issue Size
Approx ₹24.77 Crores
Price Band
₹122 to ₹129 Per Share
Listing Price
₹191.00
Listing Percent
48.06%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 96,000 | ₹ 1.24 | 5.00% |
| QIB | 9,08,000 | ₹ 11.71 | 47.29% |
| Anchor | 5,46,000 | ₹ 7.04 | 28.44% |
| QIB (Ex Anchor) | 3,62,000 | ₹ 4.67 | 18.85% |
| NII | 2,76,000 | ₹ 3.56 | 14.38% |
| bNII (> ₹10L) | 1,84,000 | ₹ 2.37 | 9.58% |
| sNII (< ₹10L) | 92,000 | ₹ 1.19 | 4.79% |
| Retail | 6,40,000 | ₹ 8.26 | 33.33% |
| Total | 19,20,000 | ₹ 24.77 | 100% |
Understanding IPO Subscription Status
What is Subscription Times?
Subscription times indicate how many times the IPO has been subscribed. For example, if subscription is 5x, it means the IPO received 5 times more applications than shares available.
Investor Categories
- QIB (Qualified Institutional Buyers): Large institutional investors like mutual funds, insurance companies, banks
- NII (Non-Institutional Investors): High net-worth individuals and corporates
- sNII: Small NII with investment above ₹2 lakhs but below ₹10 lakhs
- bNII: Big NII with investment above ₹10 lakhs
- Retail: Individual investors investing up to ₹2 lakhs
- Anchor Investors: Selected institutional investors who get allocation before IPO opens
How to Interpret the Data?
- Higher subscription times generally indicate strong demand
- Retail and NII oversubscription shows interest from individual investors
- QIB subscription reflects institutional confidence
- Day-wise data helps track momentum during the IPO period