IPO Details
IPO Open Date
01 Jun 2026
IPO Close Date
03 Jun 2026
Issue Size
Approx ₹70.03 Crores
Price Band
₹141 to ₹149 Per Share
Listing Price
₹283.10
Listing Percent
90%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 2,36,000 | ₹ 3.52 | 5.02% |
| QIB | 22,28,000 | ₹ 33.20 | 47.40% |
| Anchor | 13,36,000 | ₹ 19.91 | 28.43% |
| QIB (Ex Anchor) | 8,92,000 | ₹ 13.29 | 18.98% |
| NII* | 6,72,000 | ₹ 10.01 | 14.30% |
| bNII (> ₹10L) | 4,48,000 | ₹ 6.68 | 9.53% |
| sNII (< ₹10L) | 2,24,000 | ₹ 3.34 | 4.77% |
| Retail | 15,64,000 | ₹ 23.30 | 33.28% |
| Total | 47,00,000 | ₹ 70.03 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 8,92,000 | 13,36,000 | 22,28,000 | 2,24,000 | 4,48,000 | 6,72,000 | 15,64,000 | 44,64,000 |
| Allotment price (₹) | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 |
| No. of applications | 129 | 13 | 142 | 21,429 | 33,357 | 54,786 | 2,31,693 | 2,86,621 |
| No. of shares applied | 20,04,09,000 | 22,74,000 | 20,26,83,000 | 6,86,86,000 | 25,19,79,000 | 32,06,65,000 | 46,33,86,000 | 98,67,34,000 |
| Amount collected (₹ Cr.) | 2,986.09 Cr | 33.88 Cr | 3,019.98 Cr | 1,023.42 Cr | 3,754.49 Cr | 4,777.91 Cr | 6,904.45 Cr | 14,702.34 Cr |
| No. of times subscribed | 224.67 | 1.70 | 90.97 | 306.63 | 562.45 | 477.18 | 296.28 | 221.04 |
| No. of shares allotted | 8,92,000 | 13,36,000 | 22,28,000 | 2,24,000 | 4,48,000 | 6,72,000 | 15,64,000 | 44,64,000 |
| Amount allotted (₹ Cr.) | 13.29 Cr | 19.91 Cr | 33.20 Cr | 3.34 Cr | 6.68 Cr | 10.01 Cr | 23.30 Cr | 66.51 Cr |
| No. of allottees | 112 | 13 | 125 | 74 | 149 | 223 | 782 | 1,130 |
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