IPO Details
IPO Open Date
27 Jan 2026
IPO Close Date
29 Jan 2026
Issue Size
Approx ₹17.61 Crores
Price Band
₹61 to ₹64 Per Share
Listing Price
₹64.00
Listing Percent
0%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 1,38,000 | ₹ 0.88 | 5.01% |
| QIB | 13,04,000 | ₹ 8.35 | 47.38% |
| Anchor | 7,82,000 | ₹ 5.00 | 28.42% |
| QIB (Ex Anchor) | 5,22,000 | ₹ 3.34 | 18.97% |
| NII | 3,94,000 | ₹ 2.52 | 14.32% |
| bNII (> ₹10L) | 2,62,000 | ₹ 1.68 | 9.52% |
| sNII (< ₹10L) | 1,32,000 | ₹ 0.84 | 4.80% |
| Retail | 9,16,000 | ₹ 5.86 | 33.28% |
| Total | 27,52,000 | ₹ 17.61 | 100% |
Anchor Investors Allocation
Anchor Bid Date: 23 Jan 2026
Anchor Price: ₹64.00
Anchor as % of QIBs: 59.97%
| S.No. | Anchor Investor | Shares Allotted |
|---|---|---|
| 1 |
LRSD SECURITIES PVT.LTD.
LRSD SECURITIES
|
1,96,000 |
| 2 |
RAJASTHAN GLOBAL SECURITIES PVT.LTD.
RAJASTHAN GLOBAL SECURITIES
|
1,96,000 |
| 3 |
TIGER STRATEGIES FUND 1
TIGER STRATEGIES
|
1,96,000 |
| 4 |
INNOVATIVE VISION FUND
INNOVATIVE VISION
|
1,94,000 |
| Total | 782,000 |
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