IPO Details
IPO Open Date
23 Jun 2026
IPO Close Date
25 Jun 2026
Issue Size
Approx ₹31 Crores
Price Band
₹50 to ₹53 Per Share
Listing Price
54.40
Listing Percent
2.64%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 3,86,000 | ₹ 2.05 | 6.67% |
| QIB | 26,98,000 | ₹ 14.30 | 46.61% |
| Anchor | 16,18,000 | ₹ 8.58 | 27.95% |
| QIB (Ex Anchor) | 10,80,000 | ₹ 5.72 | 18.66% |
| NII* | 8,12,000 | ₹ 4.30 | 14.03% |
| bNII (> ₹10L) | 5,40,000 | ₹ 2.86 | 9.33% |
| sNII (< ₹10L) | 2,72,000 | ₹ 1.44 | 4.70% |
| Retail | 18,92,000 | ₹ 10.03 | 32.69% |
| Total | 57,88,000 | ₹ 30.68 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 10,80,000 | 16,18,000 | 26,98,000 | 2,72,000 | 5,40,000 | 8,12,000 | 18,92,000 | 54,02,000 |
| Allotment price (₹) | 53 | 53 | 53 | 53 | 53 | 53 | 53 | 53 |
| No. of applications | 9 | 5 | 14 | 336 | 421 | 757 | 2,686 | 3,457 |
| No. of shares applied | 26,92,000 | 16,18,000 | 43,10,000 | 21,04,000 | 97,32,000 | 1,18,36,000 | 1,07,44,000 | 2,68,90,000 |
| Amount collected (₹ Cr.) | 14.27 Cr | 8.58 Cr | 22.84 Cr | 11.15 Cr | 51.58 Cr | 62.73 Cr | 56.94 Cr | 142.52 Cr |
| No. of times subscribed | 2.49 | 1.00 | 1.60 | 7.74 | 18.02 | 14.58 | 5.68 | 4.98 |
| No. of shares allotted | 10,80,000 | 16,18,000 | 26,98,000 | 2,72,000 | 5,40,000 | 8,12,000 | 18,92,000 | 54,02,000 |
| Amount allotted (₹ Cr.) | 5.72 Cr | 8.58 Cr | 14.30 Cr | 1.44 Cr | 2.86 Cr | 4.30 Cr | 10.03 Cr | 28.63 Cr |
| No. of allottees | 9 | 5 | 14 | 45 | 90 | 135 | 473 | 622 |
Anchor Investors Allocation
Anchor Bid Date: 22 Jun 2026
Anchor Price: ₹53.00
Anchor as % of QIBs: 59.97%
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
NECTA BLOOM VCC-NECTA BLOOM ONE
NECTA BLOOM VCC
|
5,66,000 | ₹ 3.00 | 34.98 | 9.78 |
| 2 |
RAJASTHAN GLOBAL SECURITIES PVT.LTD.
RAJASTHAN GLOBAL SECURITIES
|
3,78,000 | ₹ 2.00 | 23.36 | 6.53 |
| 3 |
MONEYWISE FINANCIAL SERVICES PVT.LTD.
MONEYWISE FINANCIAL SERVICES
|
2,94,000 | ₹ 1.56 | 18.17 | 5.08 |
| 4 |
RESONANCE OPPORTUNITIES FUND
RESONANCE OPPORTUNITIES
|
1,90,000 | ₹ 1.01 | 11.74 | 3.28 |
| 5 |
KINGSMAN WEALTH FUND PCC-KIF II
KINGSMAN WEALTH FUND PCC
|
1,90,000 | ₹ 1.01 | 11.74 | 3.28 |
| Total | 1,618,000 | ₹ 8.58 | 100% | 27.95% |
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