IPO Details
IPO Open Date
12 Feb 2026
IPO Close Date
16 Feb 2026
Issue Size
Approx ₹26.97 Crores
Price Band
₹111 to ₹117 Per Share
Total Applications
7,152
Listing Price
₹120.00
Listing Percent
2.56%
Important Note
- "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
- The portion of anchor investors (or market makers) is not included in the total number of shares offered.
- Market Maker portion is not included to NII/HNI.
Marushika Technology IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares Bid For | Total Amount (₹ Cr) | Total Applications |
|---|---|---|---|---|---|
| Anchor | 1 | 6,51,600 | 6,51,600 | ₹ 7.624 | - |
| Market Maker | 1 | 1,16,400 | 1,16,400 | ₹ 1.362 | - |
| QIB (Ex Anchor) | 2.92 | 4,35,600 | 12,73,200 | ₹ 14.896 | 10 |
| NII | 41.00 | 3,31,200 | 1,35,78,000 | ₹ 158.863 | 1,842 |
| bNII (> ₹10L) | 50.69 | 2,19,600 | 1,11,31,200 | ₹ 130.235 | - |
| sNII (< ₹10L) | 21.92 | 1,11,600 | 24,46,800 | ₹ 28.628 | - |
| Individual Investors | 16.51 | 7,70,400 | 1,27,20,000 | ₹ 148.824 | 5,300 |
| Total | 17.94 | 15,37,200 | 2,75,71,200 | ₹ 322.583 | 7,152 |
Day-wise Subscription Details (Times)
| Date | QIB (Ex Anchor) | NII | sNII (> ₹10L) | bNII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| 16 Feb 2026 | 2.92 | 41.00 | 50.69 | 21.92 | 16.51 | 17.94 |
| 13 Feb 2026 | 0.00 | 0.95 | 0.87 | 1.10 | 1.13 | 0.77 |
| 12 Feb 2026 | 0.00 | 0.09 | 0.00 | 0.28 | 0.51 | 0.28 |
Note: QIB = Qualified Institutional Buyers, NII = Non-Institutional Investors, sNII = Small NII, bNII = Big NII
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 1,16,400 | ₹ 1.36 | 5.05% |
| QIB | 10,87,200 | ₹ 12.72 | 47.16% |
| Anchor | 6,51,600 | ₹ 7.62 | 28.27% |
| QIB (Ex Anchor) | 4,35,600 | ₹ 5.10 | 18.90% |
| NII | 3,31,200 | ₹ 3.88 | 14.37% |
| bNII (> ₹10L) | 2,19,600 | ₹ 2.57 | 9.53% |
| sNII (< ₹10L) | 1,11,600 | ₹ 1.31 | 4.84% |
| Retail | 7,70,400 | ₹ 9.01 | 33.42% |
| Total | 23,05,200 | ₹ 26.97 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 4,35,600 | 6,51,600 | 10,87,200 | 1,11,600 | 2,19,600 | 3,31,200 | 7,70,400 | 21,88,800 |
| Allotment price (Rs.) | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 |
| No.of applications | 7 | 5 | 12 | 673 | 1,171 | 1,844 | 5,245 | 7,101 |
| No.of shares applied | 12,56,400 | 6,51,600 | 19,08,000 | 24,50,400 | 1,12,57,200 | 1,37,07,600 | 1,25,88,000 | 2,82,03,600 |
| Amount collected (Rs.cr.) | 14.70 | 7.62 | 22.32 | 28.67 | 131.71 | 160.38 | 147.28 | 329.98 |
| No.of times subscribed | 2.88 | 1.00 | 1.75 | 21.96 | 51.26 | 41.39 | 16.34 | 12.89 |
| No.of shares allotted | 4,35,600 | 6,51,600 | 10,87,200 | 1,11,600 | 2,19,600 | 3,31,200 | 7,70,400 | 21,88,800 |
| Amount (Rs.cr.) | 5.10 | 7.62 | 12.72 | 1.31 | 2.57 | 3.88 | 9.01 | 25.61 |
| No.of allottees | 7 | 5 | 12 | 31 | 61 | 92 | 321 | 425 |
Anchor Investors Allocation
Anchor Bid Date: 11 Feb 2026
Anchor Price: ₹117.00
Anchor as % of QIBs: 59.93%
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
NAV CAPITAL VCC-NAV CAPITAL EMERGING STAR FUND
NAV CAPITAL
|
1,28,400 | ₹ 1.50 | 19.71 | 5.57 |
| 2 |
SAINT CAPITAL FUND
SAINT CAPITAL
|
2,11,200 | ₹ 2.47 | 32.41 | 9.16 |
| 3 |
STRATEGIC SIXTH SENSE CAPITAL FUND
STRATEGIC SIXTH SENSE
|
98,400 | ₹ 1.15 | 15.10 | 4.27 |
| 4 |
LONGTHRIVE CAPITAL VCC-TRENDVIEW CAPITAL FUND
LONGTHRIVE CAPITAL VCC
|
86,400 | ₹ 1.01 | 13.26 | 3.75 |
| 5 |
NAVBHARAT INVESTMENT TRUST-NAVBHARAT INVESTMENT OPPORTUNITIES FUND
NAVBHARAT
|
1,27,200 | ₹ 1.49 | 19.52 | 5.52 |
| Total | 651,600 | ₹ 7.62 | 100% | 28.27% |
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