IPO Details
IPO Open Date
18 Jun 2026
IPO Close Date
25 Jun 2026
Issue Size
Approx ₹31 Crores
Price Band
₹102 to ₹108 Per Share
Listing Price
₹84.80
Listing Percent
-20%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 1,46,400 | ₹ 1.55 | 5.14% |
| QIB | 1,36,800 | ₹ 1.45 | 4.80% |
| NII* | 9,64,800 | ₹ 10.23 | 33.87% |
| bNII (> ₹10L) | 6,43,200 | ₹ 6.82 | 22.58% |
| sNII (< ₹10L) | 3,21,600 | ₹ 3.41 | 11.29% |
| Retail | 16,00,800 | ₹ 16.97 | 56.19% |
| Total | 28,48,800 | ₹ 30.20 | 100% |
Basis of Allotment
| Category | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 1,36,800 | 3,21,600 | 6,43,200 | 9,64,800 | 16,00,800 | 27,02,400 |
| Allotment price (₹) | 106 | 106 | 106 | 106 | 106 | 106 |
| No. of applications | 30 | 13 | 2 | 15 | 280 | 325 |
| No. of shares applied | 27,81,600 | 50,400 | 32,400 | 82,800 | 6,72,000 | 35,36,400 |
| Amount collected (₹ Cr.) | 29.48 Cr | 0.53 Cr | 0.34 Cr | 0.88 Cr | 7.12 Cr | 37.49 Cr |
| No. of times subscribed | 20.33 | 0.16 | 0.05 | 0.09 | 0.42 | 1.31 |
| No. of shares allotted | 19,47,600 | 50,400 | 32,400 | 82,800 | 6,72,000 | 27,02,400 |
| Amount allotted (₹ Cr.) | 20.64 Cr | 0.53 Cr | 0.34 Cr | 0.88 Cr | 7.12 Cr | 28.65 Cr |
| No. of allottees | 30 | 13 | 2 | 15 | 280 | 325 |
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