IPO Details
IPO Open Date
23 Jun 2026
IPO Close Date
25 Jun 2026
Issue Size
Approx ₹165.16 Crores
Price Band
₹130 to ₹138 Per Share
Listing Price
₹190.00
Listing Percent
37.68%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| QIB | 59,81,300 | ₹ 82.54 | 49.98% |
| Anchor | 35,88,700 | ₹ 49.52 | 29.99% |
| QIB (Ex Anchor) | 23,92,600 | ₹ 33.02 | 19.99% |
| NII | 17,96,700 | ₹ 24.79 | 15.01% |
| bNII (> ₹10L) | 11,97,800 | ₹ 16.53 | 10.01% |
| sNII (< ₹10L) | 5,98,900 | ₹ 8.26 | 5.00% |
| Retail | 41,90,000 | ₹ 57.82 | 35.01% |
| Total | 1,19,68,000 | ₹ 165.16 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 23,92,600 | 35,88,700 | 59,81,300 | 5,98,900 | 11,97,800 | 17,96,700 | 41,90,000 | 1,19,68,000 |
| Allotment price (₹) | 138 | 138 | 138 | 138 | 138 | 138 | 138 | 138 |
| No. of applications | 130 | 6 | 136 | 1,85,648 | 87,891 | 2,73,539 | 28,43,921 | 31,17,596 |
| No. of shares applied | 41,47,40,300 | 35,90,700 | 41,83,31,000 | 29,72,94,600 | 66,04,41,900 | 95,77,36,500 | 38,95,84,100 | 1,76,56,51,600 |
| Amount collected (₹ Cr.) | 5,723.42 Cr | 49.55 Cr | 5,772.97 Cr | 4,102.67 Cr | 9,114.10 Cr | 13,216.76 Cr | 5,376.26 Cr | 24,365.99 Cr |
| No. of times subscribed | 173.34 | 1.00 | 69.94 | 496.40 | 551.38 | 533.05 | 92.98 | 147.53 |
| No. of shares allotted | 23,92,600 | 35,88,700 | 59,81,300 | 5,98,900 | 11,97,800 | 17,96,700 | 41,90,000 | 1,19,68,000 |
| Amount allotted (₹ Cr.) | 33.02 Cr | 49.52 Cr | 82.54 Cr | 8.26 Cr | 16.53 Cr | 24.79 Cr | 57.82 Cr | 165.16 Cr |
| No. of allottees | 130 | 6 | 136 | 399 | 798 | 1,197 | 41,900 | 43,233 |
Anchor Investors Allocation
Anchor Bid Date: 22 Jun 2026
Anchor Price: ₹138.00
Anchor as % of QIBs: 60.00%
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
TAURUS MUTUAL FUND
TAURUS MUTUAL FUND
|
11,00,000 | ₹ 15.18 | 30.65 | 9.19 |
| 2 |
HOLANI VENTURE CAPITAL FUND-HOLANI VENTURE CAPITAL FUND I
HOLANI VENTURE
|
9,63,700 | ₹ 13.30 | 26.85 | 8.05 |
| 3 |
MINT FOCUSED GROWTH FUND PCC-CELL 1
MINT FOCUSED
|
7,75,000 | ₹ 10.70 | 21.60 | 6.48 |
| 4 |
VENUS INVESTMENTS VCC-VENUS STELLAR FUND
VENUS INVESTMENTS
|
7,50,000 | ₹ 10.35 | 20.90 | 6.27 |
| Total | 3,588,700 | ₹ 49.53 | 100% | 29.99% |
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