IPO Details
IPO Open Date
28 Jan 2026
IPO Close Date
30 Jan 2026
Issue Size
Approx ₹29.20 Crores
Price Band
₹73 Per Share
Listing Price
₹58.40
Listing Percent
-20%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 2,00,000 | ₹ 1.46 | 5.00% |
| Other | 18,99,200 | ₹ 13.86 | 47.48% |
| Retail | 19,00,800 | ₹ 13.88 | 47.52% |
| Total | 40,00,000 | ₹ 29.20 | 100% |
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