IPO Details
IPO Open Date
08 Jul 2026
IPO Close Date
10 Jul 2026
Issue Size
Approx ₹650 Crores
Price Band
₹398 to ₹419 Per Share
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| QIB | 77,14,796 | ₹ 323.25 | 49.70% |
| Anchor | 46,28,877 | ₹ 193.95 | 29.82% |
| QIB (Ex Anchor) | 30,85,919 | ₹ 129.30 | 19.88% |
| NII | 23,14,439 | ₹ 96.97 | 14.91% |
| bNII (> ₹10L) | 15,42,960 | ₹ 64.65 | 9.94% |
| sNII (< ₹10L) | 7,71,479 | ₹ 32.32 | 4.97% |
| Retail | 54,00,358 | ₹ 226.28 | 34.79% |
| Employee | 92,105 | ₹ 3.86 | 0.59% |
| Total | 1,55,21,698 | ₹ 650.36 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Employee | Total |
|---|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 30,85,919 | 46,28,877 | 77,14,796 | 7,71,479 | 15,42,960 | 23,14,439 | 54,00,358 | 92,105 | 1,55,21,698 |
| Allotment price (₹) | 419 | 419 | 419 | 419 | 419 | 419 | 419 | 380 | 419 |
| No. of applications | 244 | 23 | 267 | 2,11,913 | 1,16,061 | 3,27,974 | 32,51,250 | 268 | 35,79,759 |
| No. of shares applied | 92,04,78,720 | 50,29,535 | 92,55,08,255 | 10,95,09,680 | 28,97,82,045 | 39,92,91,725 | 14,57,65,270 | 88,375 | 1,47,06,53,625 |
| Amount collected (₹ Cr.) | 38,568.06 Cr | 210.74 Cr | 38,778.80 Cr | 4,588.46 Cr | 12,141.87 Cr | 16,730.32 Cr | 6,107.56 Cr | 3.36 Cr | 61,587.73 Cr |
| No. of times subscribed | 298.28 | 1.09 | 119.97 | 141.95 | 187.81 | 172.52 | 26.99 | 0.96 | 94.75 |
| No. of shares allotted | 30,87,610 | 46,28,877 | 77,16,487 | 7,71,648 | 15,43,298 | 23,14,946 | 54,01,542 | 88,375 | 1,55,21,350 |
| Amount allotted (₹ Cr.) | 129.37 Cr | 193.95 Cr | 323.32 Cr | 32.33 Cr | 64.66 Cr | 97.00 Cr | 226.32 Cr | 3.36 Cr | 650.00 Cr |
| No. of allottees | 241 | 23 | 264 | 1,574 | 3,149 | 4,723 | 1,54,329 | 268 | 1,59,584 |
Anchor Investors Allocation
Anchor Bid Date: 07 Jul 2026
Anchor Price: ₹419.00
Anchor as % of QIBs: 60.00%
| S.No. | Anchor Investor |
|---|---|
| 1 |
NIPPON INDIA SMALL CAP FUND
NIPPON INDIA MUTUAL FUND
|
| Total |
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