IPO Details
IPO Open Date
04 Feb 2026
IPO Close Date
06 Feb 2026
Issue Size
Approx ₹24.53 Crores
Price Band
₹52 to ₹55 Per Share
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 2,24,000 | ₹ 1.23 | 5.02% |
| QIB | 21,16,000 | ₹ 11.64 | 47.44% |
| Anchor | 12,68,000 | ₹ 6.97 | 28.43% |
| QIB (Ex Anchor) | 8,48,000 | ₹ 4.66 | 19.01% |
| NII | 6,36,000 | ₹ 3.50 | 14.26% |
| bNII (> ₹10L) | 4,26,000 | ₹ 2.34 | 9.55% |
| sNII (< ₹10L) | 2,10,000 | ₹ 1.16 | 4.71% |
| Retail | 14,84,000 | ₹ 8.16 | 33.27% |
| Total | 44,60,000 | ₹ 24.53 | 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