IPO Details
IPO Open Date
03 Jul 2026
IPO Close Date
07 Jul 2026
Issue Size
Approx ₹48 Crores
Price Band
₹94 to ₹99 Per Share
Listing Price
₹166.00
Listing Percent
67.68%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 2,42,400 | ₹ 2.40 | 5.01% |
| QIB | 22,86,000 | ₹ 22.63 | 47.24% |
| Anchor | 13,68,000 | ₹ 13.54 | 28.27% |
| QIB (Ex Anchor) | 9,18,000 | ₹ 9.09 | 18.97% |
| NII* | 6,98,400 | ₹ 6.91 | 14.43% |
| bNII (> ₹10L) | 4,64,400 | ₹ 4.60 | 9.60% |
| sNII (< ₹10L) | 2,34,000 | ₹ 2.32 | 4.84% |
| Retail | 16,12,800 | ₹ 15.97 | 33.33% |
| Total | 48,39,600 | ₹ 47.91 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 9,18,000 | 13,68,000 | 22,86,000 | 2,34,000 | 4,64,400 | 6,98,400 | 16,12,800 | 45,97,200 |
| Allotment price (₹) | 99 | 99 | 99 | 99 | 99 | 99 | 99 | 99 |
| No. of applications | 112 | 5 | 117 | 24,066 | 38,252 | 62,318 | 2,45,127 | 3,07,562 |
| No. of shares applied | 22,07,02,800 | 15,46,800 | 22,22,49,600 | 9,79,59,600 | 43,36,69,200 | 53,16,28,800 | 58,83,04,800 | 1,34,21,83,200 |
| Amount collected (₹ Cr.) | 2,184.96 Cr | 15.31 Cr | 2,200.27 Cr | 969.80 Cr | 4,293.33 Cr | 5,263.13 Cr | 5,824.22 Cr | 13,287.61 Cr |
| No. of times subscribed | 240.42 | 1.13 | 97.22 | 418.63 | 933.83 | 761.21 | 364.77 | 291.96 |
| No. of shares allotted | 9,18,000 | 13,68,000 | 22,86,000 | 2,34,000 | 4,64,400 | 6,98,400 | 16,12,800 | 45,97,200 |
| Amount allotted (₹ Cr.) | 9.09 Cr | 13.54 Cr | 22.63 Cr | 2.32 Cr | 4.60 Cr | 6.91 Cr | 15.97 Cr | 45.51 Cr |
| No. of allottees | 100 | 5 | 105 | 65 | 129 | 194 | 672 | 971 |
Anchor Investors Allocation
Anchor Bid Date: 02 Jul 2026
Anchor Price: ₹99.00
Anchor as % of QIBs: 59.84%
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
PINE OAK GLOBAL FUND-CLASS B
PINE OAK
|
2,01,600 | ₹ 2.00 | 14.74 | 4.17 |
| 2 |
SAGEONE-FLAGSHIP GROWTH OE FUND
SAGEONE-FLAGSHI
|
4,03,200 | ₹ 3.99 | 29.47 | 8.33 |
| 3 |
BENGAL FINANCE & INVESTMENT PVT.LTD.
BENGAL FINANCE & INVESTMENT
|
5,04,000 | ₹ 4.99 | 36.84 | 10.41 |
| 4 |
AKALPYA INDIA INVESTMENT TRUST
AKALPYA INDIA
|
1,57,200 | ₹ 1.56 | 11.49 | 3.25 |
| 5 |
ARTHASANCHAY INVESTMENT TRUST-ARTHASANCHAY GROWTH FUND
ARTHASANCHAY
|
1,02,000 | ₹ 1.01 | 7.46 | 2.11 |
| Total | 1,368,000 | ₹ 13.55 | 100% | 28.27% |
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