IPO Details
IPO Open Date
01 Jun 2026
IPO Close Date
03 Jun 2026
Issue Size
Approx ₹70.03 Crores, 47,00,000 Equity Shares
Price Band
₹141 to ₹149 Per Share
Anchor Investors Allocation
Anchor Bid Date: 29 May 2026
Anchor Price: ₹149.00
Anchor as % of QIBs: 59.96%
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
SMALL INDUSTRIES DEVELOPMENT BANK OF INDlA
SIDBI
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 2 |
HDFC BANK LTD.
HDFC BANK
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 3 |
SANSHI FUND-I
SANSHI
|
2,26,000 | ₹ 3.37 | 16.92 | 4.81 |
| 4 |
MERU INVESTMENT FUND PCC-CELL 1
MERU INVESTMENT
|
3,62,000 | ₹ 5.39 | 27.10 | 7.70 |
| 5 |
EMERGE CAPITAL OPPORTUNITIES SCHEME
EMERGE CAPITAL OPPORTUNITIES SCHEME
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 6 |
TIGER STRATEGIES FUND 1
TIGER STRATEGIES
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 7 |
SHINE STAR BUILD-CAP PVT.LTD.
SHINE STAR
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 8 |
VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES
VIKASA
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 9 |
RMS GROWTH FUND SCHEME I
RMS
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 10 |
SMART HORIZON OPPORTUNITY FUND
SMART HORIZON
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 11 |
FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND
FINAVENUE
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 12 |
Ashika Global Finance Pvt. Ltd.
ASHIKA GLOBAL SECURITIES
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| 13 |
VISIONARY VALUE FUND
VISIONARY VALUE FUND
|
68,000 | ₹ 1.01 | 5.09 | 1.45 |
| Total | 1,336,000 | ₹ 19.87 | 100% | 28.46% |
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