IPO Details
IPO Open Date
17 Jun 2026
IPO Close Date
19 Jun 2026
Issue Size
Approx ₹18 Crores
Price Band
₹112 Per Share
Listing Price
₹114.50
Listing Percent
2.23%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 81,600 | ₹ 0.91 | 5.11% |
| Other* | 7,58,400 | ₹ 8.49 | 47.45% |
| Retail | 7,58,400 | ₹ 8.49 | 47.45% |
| Total | 15,98,400 | ₹ 17.90 | 100% |
Basis of Allotment
| Category | Total NII | Retail | Total |
|---|---|---|---|
| Allocation (No. of shares) (No. of shares)of shares) | 7,58,400 | 7,58,400 | 15,16,800 |
| Allotment price (₹) | 112 | 112 | 112 |
| No. of applications | 522 | 991 | 1,513 |
| No. of shares applied | 19,93,200 | 23,78,400 | 43,71,600 |
| Amount collected (₹ Cr.) | 22.32 Cr | 26.64 Cr | 48.96 Cr |
| No. of times subscribed | 2.63 | 3.14 | 2.88 |
| No. of shares allotted | 6,91,200 | 8,25,600 | 15,16,800 |
| Amount allotted (₹ Cr.) | 7.74 Cr | 9.25 Cr | 16.99 Cr |
| No. of allottees | 192 | 344 | 536 |
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