IPO Details
IPO Open Date
19 Jun 2026
IPO Close Date
23 Jun 2026
Issue Size
Approx ₹883 Crores
Price Band
₹144 to ₹152 Per Share
Listing Price
₹134.90
Listing Percent
-11.25%
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| QIB | 4,35,52,800 | ₹ 662.00 | 75.00% |
| Anchor | 2,61,31,680 | ₹ 397.20 | 45.00% |
| QIB (Ex Anchor) | 1,74,21,120 | ₹ 264.80 | 30.00% |
| NII | 87,10,559 | ₹ 132.40 | 15.00% |
| bNII (> ₹10L) | 58,07,040 | ₹ 88.27 | 10.00% |
| sNII (< ₹10L) | 29,03,519 | ₹ 44.13 | 5.00% |
| Retail | 58,07,039 | ₹ 88.27 | 10.00% |
| Total | 5,80,70,398 | ₹ 882.67 | 100% |
Basis of Allotment
| Category | Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 1,74,21,120 | 2,61,31,680 | 4,35,52,800 | 29,03,519 | 58,07,040 | 87,10,559 | 58,07,039 | 5,80,70,398 |
| Allotment price (₹) | 152 | 152 | 152 | 152 | 152 | 152 | 152 | 152 |
| No. of applications | 16 | 32 | 48 | 1,023 | 279 | 1,302 | 50,831 | 52,181 |
| No. of shares applied | 2,82,88,876 | 2,85,16,824 | 5,68,05,700 | 15,98,576 | 31,56,874 | 47,55,450 | 63,39,816 | 6,79,00,966 |
| Amount collected (₹ Cr.) | 429.99 Cr | 433.46 Cr | 863.45 Cr | 24.30 Cr | 47.98 Cr | 72.28 Cr | 96.37 Cr | 1,032.09 Cr |
| No. of times subscribed | 1.62 | 1.09 | 1.30 | 0.55 | 0.54 | 0.55 | 1.09 | 1.17 |
| No. of shares allotted | 2,09,10,923 | 2,61,31,680 | 4,70,42,603 | 15,98,576 | 31,56,874 | 47,55,450 | 62,72,345 | 5,80,70,398 |
| Amount allotted (₹ Cr.) | 317.85 Cr | 397.20 Cr | 715.05 Cr | 24.30 Cr | 47.98 Cr | 72.28 Cr | 95.34 Cr | 882.67 Cr |
| No. of allottees | 15 | 32 | 47 | 1,023 | 279 | 1,302 | 50,831 | 52,180 |
Anchor Investors Allocation
Anchor Bid Date: 18 Jun 2026
Anchor Price: ₹152.00
Anchor as % of QIBs: 60.00%
| S.No. | Anchor Investor | Shares Allotted | Amount (₹ Cr) | % within Anchor | % of Issue |
|---|---|---|---|---|---|
| 1 |
ICICI PRUDENTIAL EQUITY & DEBT FUND
ICICI PRUDENTIAL MUTUAL FUND
|
29,44,116 | ₹ 44.75 | 11.27 | 5.07 |
| 2 |
MIRAE ASSET MULTICAP FUND
MIRAE ASSET MUTUAL FUND
|
9,81,372 | ₹ 14.92 | 3.76 | 1.69 |
| 3 |
MIRAE ASSET AGGRESSIVE HYBRID FUND
MIRAE ASSET MUTUAL FUND
|
19,62,744 | ₹ 29.83 | 7.51 | 3.38 |
| 4 |
BORDER TO COAST EMERGING MARKETS EQUITY FUND,A SUB FUND OF BORDER TO COAST AUTHORISED CONTRACTUAL SCHEME
BORDER TO COAST
|
19,57,256 | ₹ 29.75 | 7.49 | 3.37 |
| 5 |
AMANSA HOLDINGS PVT.LTD.
AMANSA
|
16,28,368 | ₹ 24.75 | 6.23 | 2.80 |
| 6 |
TURNAROUND OPPORTUNITIES FUND
TURNAROUND OPPORTUNITIES
|
12,99,284 | ₹ 19.75 | 4.97 | 2.24 |
| 7 |
360 ONE HIGH GROWTH COMPANIES FUND
360 ONE
|
6,57,972 | ₹ 10.00 | 2.52 | 1.13 |
| 8 |
ICICI PRUDENTIAL LIFE INSURANCE CO.LTD.
ICICI PRUDENTIAL LIFE INSURANCE
|
12,99,382 | ₹ 19.75 | 4.97 | 2.24 |
| 9 |
EDELWEISS RECENTLY LISTED IPO FUND
EDELWEISS MUTUAL FUND
|
19,57,256 | ₹ 29.75 | 7.49 | 3.37 |
| 10 |
AXIS MAX LIFE INSURANCE LTD.-ULIF 00225/06/04 LIFEBALANC 104-BALANCED FUND
AXIS MAX LIFE INSURANCE
|
2,59,896 | ₹ 3.95 | 0.99 | 0.45 |
| 11 |
AXIS MAX LIFE INSURANCE LTD.-SUSTAINABLE EQUITY FUND-ULIF02505/10/21 SUSTAINEQU104
AXIS MAX LIFE INSURANCE
|
3,24,870 | ₹ 4.94 | 1.24 | 0.56 |
| 12 |
AXIS MAX LIFE INSURANCE LTD.-DIVERSIFIED EQUITY FUND-ULIF02201/01/20 LIFEDIVEQF104
AXIS MAX LIFE INSURANCE
|
6,49,740 | ₹ 9.88 | 2.49 | 1.12 |
| 13 |
AXIS MAX LIFE INSURANCE LTD.-SMART INNOVATION FUND
AXIS MAX LIFE INSURANCE
|
64,876 | ₹ 0.99 | 0.25 | 0.11 |
| 14 |
BNP PARIBAS FINANCIAL MARKETS-ODI
BNP PARIBAS
|
20,38,792 | ₹ 30.99 | 7.80 | 3.51 |
| 15 |
BANK OF INDIA MID & SMALL CAP EQUITY & DEBT FUND
BANK OF INDIA MUTUAL FUND
|
11,36,898 | ₹ 17.28 | 4.35 | 1.96 |
| 16 |
BANK OF INDIA BANKING & FINANCIAL SERVICES FUND
BANK OF INDIA MUTUAL FUND
|
1,62,484 | ₹ 2.47 | 0.62 | 0.28 |
| 17 |
SUSQUEHANNA PACIFIC PTY.LTD.
SUSQUEHANNA
|
13,15,846 | ₹ 20.00 | 5.04 | 2.27 |
| 18 |
BAJAJ LIFE INSURANCE LTD.
BAJAJ LIFE INSURANCE
|
9,73,728 | ₹ 14.80 | 3.73 | 1.68 |
| 19 |
BAJAJ GENERAL INSURANCE LTD.
BAJAJ GENERAL INSURANCE
|
3,29,548 | ₹ 5.01 | 1.26 | 0.57 |
| 20 |
BAJAJ FINSERV CONSUMPTION FUND
BAJAJ FINSERV MUTUAL FUND
|
3,89,550 | ₹ 5.92 | 1.49 | 0.67 |
| 21 |
BAJAJ FINSERV HEALTHCARE FUND
BAJAJ FINSERV MUTUAL FUND
|
2,59,602 | ₹ 3.95 | 0.99 | 0.45 |
| 22 |
BAJAJ FINSERV BANKING & FINANCIAL SERVICES FUND
BAJAJ FINSERV MUTUAL FUND
|
3,24,576 | ₹ 4.93 | 1.24 | 0.56 |
| 23 |
ITI BANKING & FINANCIAL SERVICES FUND
ITI MUTUAL FUND
|
4,93,430 | ₹ 7.50 | 1.89 | 0.85 |
| 24 |
ITI BUSINESS CYCLE FUND
ITI MUTUAL FUND
|
1,64,542 | ₹ 2.50 | 0.63 | 0.28 |
| 25 |
SOCIETE GENERALE-ODI
SOCIETE GENERAL
|
5,77,744 | ₹ 8.78 | 2.21 | 0.99 |
| 26 |
BANDHAN FINANCIAL SERVICES FUND
BANDHAN MUTUAL FUND
|
3,30,098 | ₹ 5.02 | 1.26 | 0.57 |
| 27 |
CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD.
CITIGROUP
|
3,29,542 | ₹ 5.01 | 1.26 | 0.57 |
| 28 |
NOMURA SINGAPORE LTD.
NOMURA
|
3,29,542 | ₹ 5.01 | 1.26 | 0.57 |
| 29 |
LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SF1
LC PHAROS
|
3,29,542 | ₹ 5.01 | 1.26 | 0.57 |
| 30 |
ASAS GLOBAL FUND INCORPORATED VCC SUB FUND
ASAS GLOBAL
|
3,29,542 | ₹ 5.01 | 1.26 | 0.57 |
| 31 |
ASHIKA GLOBAL FINANCE PVT.LTD.
ASHIKA GLOBAL SECURITIES
|
3,29,542 | ₹ 5.01 | 1.26 | 0.57 |
| Total | 26,131,680 | ₹ 397.21 | 100% | 45.02% |
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