IPO Details
IPO Open Date
06 Feb 2026
IPO Close Date
10 Feb 2026
Issue Size
Approx ₹31.26 Crores
Price Band
₹102 to ₹108 Per Share
Listing Price
₹111.00
Listing Percent
2.78%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 1,51,200 | ₹ 1.63 | 5.22% |
| QIB | 6,86,400 | ₹ 7.41 | 23.71% |
| NII | 10,94,400 | ₹ 11.82 | 37.81% |
| bNII (> ₹10L) | 7,29,600 | ₹ 7.88 | 25.21% |
| sNII (< ₹10L) | 3,64,800 | ₹ 3.94 | 12.60% |
| Retail | 9,62,400 | ₹ 10.39 | 33.25% |
| Total | 28,94,400 | ₹ 31.26 | 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