IPO Details
IPO Open Date
28 Jan 2026
IPO Close Date
30 Jan 2026
Issue Size
Approx ₹66.42 Crores
Price Band
₹116 to ₹123 Per Share
Listing Price
₹144.00
Listing Percent
17.07%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 2,98,000 | ₹ 3.67 | 5.52% |
| QIB | 25,42,000 | ₹ 31.27 | 47.07% |
| Anchor | 15,25,000 | ₹ 18.76 | 28.24% |
| QIB (Ex Anchor) | 10,17,000 | ₹ 12.51 | 18.83% |
| NII | 7,74,000 | ₹ 9.52 | 14.33% |
| bNII (> ₹10L) | 5,16,000 | ₹ 6.35 | 9.56% |
| sNII (< ₹10L) | 2,58,000 | ₹ 3.17 | 4.78% |
| Retail | 17,86,000 | ₹ 21.97 | 33.07% |
| Total | 54,00,000 | ₹ 66.42 | 100% |
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