IPO Details
IPO Open Date
05 Jun 2026
IPO Close Date
09 Jun 2026
Issue Size
Approx ₹138.87 Crores
Price Band
₹42 to ₹45 Per Share
Listing Price
₹48.25
Listing Percent
7.22%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| QIB | 1,54,29,851 | ₹ 69.43 | 50.00% |
| Anchor | 92,57,696 | ₹ 41.66 | 30.00% |
| QIB (Ex Anchor) | 61,72,155 | ₹ 27.77 | 20.00% |
| NII | 46,28,956 | ₹ 20.83 | 15.00% |
| bNII (> ₹10L) | 30,85,971 | ₹ 13.89 | 10.00% |
| sNII (< ₹10L) | 15,42,985 | ₹ 6.94 | 5.00% |
| Retail | 1,08,00,897 | ₹ 48.60 | 35.00% |
| Total | 3,08,59,704 | ₹ 138.87 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 61,72,155 | 92,57,696 | 1,54,29,851 | 15,42,985 | 30,85,971 | 46,28,956 | 1,08,00,897 | 3,08,59,704 |
| Allotment price (₹) | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 |
| No. of applications | 41 | 5 | 46 | 36,891 | 24,689 | 61,580 | 6,92,178 | 7,53,804 |
| No. of shares applied | 11,85,59,322 | 1,15,55,781 | 13,01,15,103 | 17,96,01,885 | 56,28,84,219 | 74,24,86,104 | 28,38,48,867 | 1,15,64,50,074 |
| Amount collected (₹ Cr.) | 533.52 Cr | 52.00 Cr | 585.52 Cr | 808.21 Cr | 2,532.98 Cr | 3,341.19 Cr | 1,277.32 Cr | 5,204.03 Cr |
| No. of times subscribed | 19.21 | 1.25 | 8.43 | 116.40 | 182.40 | 160.40 | 26.28 | 37.47 |
| No. of shares allotted | 61,72,155 | 92,57,696 | 1,54,29,851 | 15,42,985 | 30,85,971 | 46,28,956 | 1,08,00,897 | 3,08,59,704 |
| Amount allotted (₹ Cr.) | 27.77 Cr | 41.66 Cr | 69.43 Cr | 6.94 Cr | 13.89 Cr | 20.83 Cr | 48.60 Cr | 138.87 Cr |
| No. of allottees | 41 | 5 | 46 | 330 | 661 | 991 | 32,435 | 33,472 |
Anchor Investors Allocation
Anchor Bid Date: 04 Jun 2026
Anchor Price: ₹45.00
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
BANDHAN SMALL CAP FUND
BANDHAN MUTUAL FUND
|
26,66,664 | ₹ 12.00 | 28.80 | 8.64 |
| 2 |
AMPERSAND GROWTH OPPORTUNITIES FUND SCHEME-I
AMPERSAND
|
22,22,225 | ₹ 10.00 | 24.00 | 7.20 |
| 3 |
CP Capital Ltd.
CP CAPITAL
|
21,44,367 | ₹ 9.65 | 23.16 | 6.95 |
| 4 |
VISIONARY VALUE FUND
VISIONARY VALUE FUND
|
11,12,220 | ₹ 5.00 | 12.01 | 3.60 |
| 5 |
INNOVATIVE VISION FUND
INNOVATIVE VISION
|
11,12,220 | ₹ 5.00 | 12.01 | 3.60 |
| Total | 9,257,696 | ₹ 41.65 | 100% | 29.99% |
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