IPO Details
IPO Open Date
17 Jun 2026
IPO Close Date
19 Jun 2026
Issue Size
Approx ₹110.11 Crores
Price Band
₹193 to ₹203 Per Share
Listing Price
₹211.00
Listing Percent
3.94%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 2,72,400 | ₹ 5.53 | 5.02% |
| QIB | 25,74,000 | ₹ 52.25 | 47.46% |
| Anchor | 15,43,800 | ₹ 31.34 | 28.46% |
| QIB (Ex Anchor) | 10,30,200 | ₹ 20.91 | 18.99% |
| NII* | 7,74,000 | ₹ 15.71 | 14.27% |
| bNII (> ₹10L) | 5,16,000 | ₹ 10.47 | 9.51% |
| sNII (< ₹10L) | 2,58,000 | ₹ 5.24 | 4.76% |
| Retail | 18,03,600 | ₹ 36.61 | 33.25% |
| Total | 54,24,000 | ₹ 110.11 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 10,30,200 | 15,43,800 | 25,74,000 | 2,58,000 | 5,16,000 | 7,74,000 | 18,03,600 | 51,51,600 |
| Allotment price (₹) | 203 | 203 | 203 | 203 | 203 | 203 | 203 | 203 |
| No. of applications | 94 | 18 | 112 | 12,042 | 17,389 | 29,431 | 1,06,245 | 1,35,788 |
| No. of shares applied | 12,26,59,200 | 22,24,800 | 12,48,84,000 | 2,33,31,600 | 9,62,42,400 | 11,95,74,000 | 12,74,94,000 | 37,19,52,000 |
| Amount collected (₹ Cr.) | 2,489.98 Cr | 45.16 Cr | 2,535.15 Cr | 473.63 Cr | 1,953.72 Cr | 2,427.35 Cr | 2,588.13 Cr | 7,550.63 Cr |
| No. of times subscribed | 119.06 | 1.44 | 48.52 | 90.43 | 186.52 | 154.49 | 70.69 | 72.20 |
| No. of shares allotted | 10,30,200 | 15,43,800 | 25,74,000 | 2,58,000 | 5,16,000 | 7,74,000 | 18,03,600 | 51,51,600 |
| Amount allotted (₹ Cr.) | 20.91 Cr | 31.34 Cr | 52.25 Cr | 5.24 Cr | 10.47 Cr | 15.71 Cr | 36.61 Cr | 104.58 Cr |
| No. of allottees | 91 | 18 | 109 | 143 | 286 | 429 | 1,503 | 2,041 |
Anchor Investors Allocation
Anchor Bid Date: 16 Jun 2026
Anchor Price: ₹203.00
Anchor as % of QIBs: 59.98%
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
MOTILAL OSWAL FINVEST LTD.
MOTILAL OSWAL
|
2,41,200 | ₹ 4.90 | 15.62 | 4.45 |
| 2 |
SANSHI FUND-I
SANSHI
|
2,41,200 | ₹ 4.90 | 15.62 | 4.45 |
| 3 |
SHUBHKAM VENTURES (INDIA) PVT.LTD.
SHUBHKAM VENTURES
|
2,41,200 | ₹ 4.90 | 15.62 | 4.45 |
| 4 |
NAVBHARAT INVESTMENT TRUST-NAVBHARAT INVESTMENT OPPORTUNITIES FUND
NAVBHARAT
|
74,400 | ₹ 1.51 | 4.82 | 1.37 |
| 5 |
TIGER STRATEGIES FUND 1
TIGER STRATEGIES
|
74,400 | ₹ 1.51 | 4.82 | 1.37 |
| 6 |
SMALL INDUSTRIES DEVELOPMENT BANK OF INDlA
SIDBI
|
73,800 | ₹ 1.50 | 4.78 | 1.36 |
| 7 |
EKAMYA PRAGATI SCHEME 1
EKAMYA
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 8 |
FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND
FINAVENUE
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 9 |
FINVESTA FIRST
FINVESTA FIRST
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 10 |
HEM GROWTH OPPORTUNITIES FUND
HEM GROWTH OPPORTUNITIES FUND
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 11 |
INDIA MAX INVESTMENT FUND LTD.
INDIA MAX INVESTMENT FUND LTD.
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 12 |
INNOVATIVE VISION FUND
INNOVATIVE VISION
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 13 |
KUBER INDIA FUND
KUBER INDIA
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 14 |
RAJASTHAN GLOBAL SECURITIES PVT.LTD.
RAJASTHAN GLOBAL SECURITIES
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 15 |
SB OPPORTUNITIES FUND II
SB OPPORTUNITIES FUND
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 16 |
SUNRISE INVESTMENT TRUST-SUNRISE INVESTMENT OPPORTUNITIES FUND
SUNRISE
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 17 |
TATTVAM AIF TRUST-Aanjay Ageless AIF Fund
TATTVAM
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| 18 |
VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES
VIKASA
|
49,800 | ₹ 1.01 | 3.23 | 0.92 |
| Total | 1,543,800 | ₹ 31.34 | 100% | 28.49% |
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