IPO Details
IPO Open Date
03 Jun 2026
IPO Close Date
05 Jun 2026
Issue Size
Approx ₹631 Crores
Price Band
₹182 to ₹192 Per Share
Listing Price
₹268
Listing Percent
39.58%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| QIB | 1,63,57,322 | ₹ 314.06 | 49.78% |
| Anchor | 98,14,393 | ₹ 188.44 | 29.87% |
| QIB (Ex Anchor) | 65,42,929 | ₹ 125.62 | 19.91% |
| NII | 49,07,197 | ₹ 94.22 | 14.93% |
| bNII (> ₹10L) | 32,71,465 | ₹ 62.81 | 9.96% |
| sNII (< ₹10L) | 16,35,732 | ₹ 31.41 | 4.98% |
| Retail | 1,14,50,126 | ₹ 219.84 | 34.85% |
| Employee | 1,43,678 | ₹ 2.76 | 0.44% |
| Total | 3,28,58,323 | ₹ 630.88 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Employee | Total |
|---|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 65,42,929 | 98,14,393 | 1,63,57,322 | 16,35,732 | 32,71,465 | 49,07,197 | 1,14,50,126 | 1,43,678 | 3,28,58,323 |
| Allotment price (₹) | 192 | 192 | 192 | 192 | 192 | 192 | 192 | 174 | 192 |
| No. of applications | 228 | 18 | 246 | 1,97,978 | 1,12,816 | 3,10,794 | 29,16,310 | 441 | 32,27,791 |
| No. of shares applied | 1,76,55,99,576 | 1,09,38,096 | 1,77,65,37,672 | 22,92,87,006 | 60,99,59,922 | 83,92,46,928 | 29,82,74,106 | 2,64,420 | 2,91,43,23,126 |
| Amount collected (₹ Cr.) | 33,899.51 Cr | 210.01 Cr | 34,109.52 Cr | 4,402.31 Cr | 11,711.23 Cr | 16,113.54 Cr | 5,726.86 Cr | 4.60 Cr | 55,932.07 Cr |
| No. of times subscribed | 269.85 | 1.11 | 108.61 | 140.17 | 186.45 | 171.02 | 26.05 | 1.84 | 88.69 |
| No. of shares allotted | 65,42,929 | 98,14,393 | 1,63,57,322 | 16,35,732 | 32,71,465 | 49,07,197 | 1,14,50,126 | 1,43,678 | 3,28,58,323 |
| Amount allotted (₹ Cr.) | 125.62 Cr | 188.44 Cr | 314.06 Cr | 31.41 Cr | 62.81 Cr | 94.22 Cr | 219.84 Cr | 2.50 Cr | 630.62 Cr |
| No. of allottees | 226 | 18 | 244 | 1,497 | 2,995 | 4,492 | 1,46,796 | 410 | 1,51,942 |
Anchor Investors Allocation
Anchor Bid Date: 02 Jun 2026
Anchor Price: ₹192.00
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
SBI COMMA FUND
SBI MUTUAL FUND
|
10,41,690 | ₹ 20.00 | 10.61 | 3.17 |
| 2 |
ICICI PRUDENTIAL MULTICAP FUND
ICICI PRUDENTIAL MUTUAL FUND
|
10,41,690 | ₹ 20.00 | 10.61 | 3.17 |
| 3 |
HDFC CHILDREN'S FUND
HDFC MUTUAL FUND
|
8,41,386 | ₹ 16.15 | 8.57 | 2.56 |
| 4 |
HDFC MANUFACTURING FUND
HDFC MUTUAL FUND
|
2,00,304 | ₹ 3.85 | 2.04 | 0.61 |
| 5 |
NIPPON INDIA SMALL CAP FUND
NIPPON INDIA MUTUAL FUND
|
10,41,690 | ₹ 20.00 | 10.61 | 3.17 |
| 6 |
KOTAK SPECIAL OPPORTUNITIES FUND
KOTAK MAHINDRA MUTUAL FUND
|
10,41,690 | ₹ 20.00 | 10.61 | 3.17 |
| 7 |
GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO
GOLDMAN SACHS
|
10,41,690 | ₹ 20.00 | 10.61 | 3.17 |
| 8 |
360 ONE EQUITY OPPORTUNITY FUND-SERIES IV
360 ONE
|
5,20,884 | ₹ 10.00 | 5.31 | 1.59 |
| 9 |
EDELWEISS EQUITY SAVINGS FUND
EDELWEISS MUTUAL FUND
|
2,51,007 | ₹ 4.82 | 2.56 | 0.76 |
| 10 |
EDELWEISS RECENTLY LISTED IPO FUND
EDELWEISS MUTUAL FUND
|
1,50,675 | ₹ 2.89 | 1.54 | 0.46 |
| 11 |
ABAKKUS GROWTH FUND
ABAKKUS
|
5,20,884 | ₹ 10.00 | 5.31 | 1.59 |
| 12 |
BANK OF INDIA MID CAP FUND
BANK OF INDIA MUTUAL FUND
|
3,66,600 | ₹ 7.04 | 3.74 | 1.12 |
| 13 |
BANK OF INDIA BUSINESS CYCLE FUND
BANK OF INDIA MUTUAL FUND
|
1,54,284 | ₹ 2.96 | 1.57 | 0.47 |
| 14 |
BNP PARIBAS FUNDS EMERGING MARKETS CLIMATE SOLUTIONS
BNP PARIBAS
|
4,01,683 | ₹ 7.71 | 4.09 | 1.22 |
| 15 |
BAJAJ LIFE INSURANCE CO.LTD.
BAJAJ LIFE INSURANCE
|
3,38,520 | ₹ 6.50 | 3.45 | 1.03 |
| 16 |
KOTAK MAHINDRA LIFE INSURANCE CO.LTD.
KOTAK LIFE INSURANCE
|
3,38,520 | ₹ 6.50 | 3.45 | 1.03 |
| 17 |
CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD.
CITIGROUP
|
2,60,598 | ₹ 5.00 | 2.66 | 0.79 |
| 18 |
SUSQUEHANNA PACIFIC PTY.LTD.
SUSQUEHANNA
|
2,60,598 | ₹ 5.00 | 2.66 | 0.79 |
| Total | 9,814,393 | ₹ 188.42 | 100% | 29.87% |
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