IPO Details

IPO Open Date
23 Jun 2026
IPO Close Date
25 Jun 2026
Issue Size
Approx ₹32 Crores
Price Band
₹196 per share
Listing Price
156.80
Listing Percent
-20%

IPO Shares Offered

Category Shares Offered Amount (₹ Cr) Size (%)
Market Maker 81,600 ₹ 1.60 5.00%
Other* 7,75,200 ₹ 15.19 47.50%
Retail 7,75,200 ₹ 15.19 47.50%
Total 16,32,000 ₹ 31.99 100%

Basis of Allotment

Category Total NII Retail Underwriter Total
Allocation (No. of shares) 7,75,200 7,75,200 - 15,50,400
Allotment price (₹) 196 196 196 196
No. of applications 188 143 2 333
No. of shares applied 12,75,600 1,71,600 1,03,200 15,50,400
Amount collected (₹ Cr.) 25.00 Cr 3.36 Cr 2.02 Cr 30.39 Cr
No. of times subscribed 1.65 0.22 - 1.00
No. of shares allotted 12,75,600 1,71,600 2.02 Cr 30.39 Cr
Amount allotted (₹ Cr.) 25.00 Cr 3.36 Cr 1,03,200 15,50,400
No. of allottees 188 143 2 333

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

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