IPO Details

IPO Open Date
17 Jun 2026
IPO Close Date
19 Jun 2026
Issue Size
Approx ₹36.02 Crores
Price Band
₹321 Per Share
Listing Price
₹257.00
Listing Percent
-19.94%

IPO Shares Offered

Category Shares Offered Amount (₹ Cr) Size (%)
Market Maker 58,000 ₹ 1.86 5.17%
Other* 5,32,000 ₹ 17.08 47.42%
Retail 5,32,000 ₹ 17.08 47.42%
Total 11,22,000 ₹ 36.02 100%

Basis of Allotment

Category Total NII Retail Total
Allocation (No. of shares) 5,32,000 5,32,000 10,64,000
Allotment price (₹) 321 321 321
No. of applications 264 1,950 2,214
No. of shares applied 4,51,600 15,60,000 20,11,600
Amount collected (₹ Cr.) 14.50 Cr 50.08 Cr 64.57 Cr
No. of times subscribed 0.85 2.93 1.89
No. of shares allotted 4,51,600 6,12,800 10,64,400
Amount allotted (₹ Cr.) 14.50 Cr 19.67 Cr 34.17 Cr
No. of allottees 264 766 1,030

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