IPO Details

IPO Open Date
18 Jun 2026
IPO Close Date
22 Jun 2026
Issue Size
Approx ₹30.24 Crores
Price Band
₹196 to ₹208 Per Share
Listing Price
₹395.20
Listing Percent
90%

IPO Shares Offered

Category Shares Offered Amount (₹ Cr) Size (%)
Market Maker 82,200 ₹ 1.71 5.65%
QIB 6,83,400 ₹ 14.21 47.01%
Anchor 4,09,800 ₹ 8.52 28.19%
QIB (Ex Anchor) 2,73,600 ₹ 5.69 18.82%
NII* 2,07,000 ₹ 4.31 14.24%
bNII (> ₹10L) 1,38,000 ₹ 2.87 9.49%
sNII (< ₹10L) 69,000 ₹ 1.44 4.75%
Retail 4,81,200 ₹ 10.01 33.10%
Total 14,53,800 ₹ 30.24 100%

Basis of Allotment

Category Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII Retail Total
Allocation (No. of shares) 2,73,600 4,09,800 6,83,400 69,000 1,38,000 2,07,000 4,81,200 13,71,600
Allotment price (₹) 208 208 208 208 208 208 208 208
No. of applications 85 4 89 15,251 16,545 31,796 1,58,284 1,90,169
No. of shares applied 5,33,95,800 4,56,400 5,38,52,200 3,09,55,200 9,27,72,000 12,37,27,200 18,99,40,800 36,75,20,200
Amount collected (₹ Cr.) 1,110.63 Cr 9.49 Cr 1,120.13 Cr 643.87 Cr 1,929.66 Cr 2,573.53 Cr 3,950.77 Cr 7,644.42 Cr
No. of times subscribed 195.16 1.11 78.80 448.63 672.26 597.72 394.72 267.95
No. of shares allotted 2,73,600 4,09,800 6,83,400 69,000 1,38,000 2,07,000 4,81,200 13,71,600
Amount allotted (₹ Cr.) 5.69 Cr 8.52 Cr 14.21 Cr 1.44 Cr 2.87 Cr 4.31 Cr 10.01 Cr 28.53 Cr
No. of allottees 74 4 78 38 76 114 401 593

Anchor Investors Allocation

Anchor Bid Date: 17 Jun 2026

Anchor Price: ₹208.00

Anchor as % of QIBs: 59.96%

S.No. Anchor Investor Shares Allotted Amount (₹ Cr) % within Anchor % of Issue
1
SANSHI FUND-I
SANSHI
1,44,600 ₹ 3.01 35.29 9.95
2
MERU INVESTMENT FUND PCC-CELL 1
MERU INVESTMENT
1,20,600 ₹ 2.51 29.43 8.30
3
FORTUNE HANDS GROWTH FUND-FORTUNE HANDS GROWTH FUND SCHEME I
FORTUNE HANDS
96,000 ₹ 2.00 23.43 6.60
4
SHINE STAR BUILD-CAP PVT.LTD.
SHINE STAR
48,600 ₹ 1.01 11.86 28.19
Total 409,800 ₹ 8.53 100% 53.04%

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