Chanakya

IPO Subscription Status

ipo-subscription-status
Real time demand for an IPO | Retail, HNI & QIB Subscription Dashboard
Published: 20 July 2026 | 5.59 AM
Last Updated: 21 July 2026 | 7.00 PM

📊 IPO Subscription Pulse

  • Metalic Technoforge SME IPO (D-1): Subscription started on a steady note with healthy retail participation on Day 1. Stronger momentum from HNIs and QIBs over the next two days will be key to watch.
  • Gulf Lloyds SME IPO (D-2): The IPO witnessed robust retail demand, driving overall subscription sharply higher by Day 2. Continued retail interest is likely to keep sentiment positive into the final day.
  • Caliber Mining IPO (D-3): The IPO received an exceptional response across all investor categories, with overwhelming demand from QIBs and HNIs. Strong institutional participation reflects high confidence and positions the issue among the most sought-after IPOs of the year.
Metalic Technoforge SME IPO  | D-1 |
Size
Rs. 49.96 Cr  |
QIB NII x RII x Total x Applications
0.00 0.30 0.62 0.37 445
Outlook- Flow of subscriptions good on Day 1
Gulf Lloyds SME IPO  | D-2 |
Size
Rs. 18.19 Cr  |
QIB NII x RII x Total x Applications
2.13 14.43 8.28 5,612
Outlook- Flow of subscriptions good on Day 2
Caliber Mining IPO | Closed |
Size Rs 450 Cr. |
Open  17/07 Close 21/07
QIB S- HNI B HNI HNI RII Total
253.88 227.37 309.31 281.99 43.40 154.66
Applications received- 38,44,190
Outlook- Good flow of subscriptions on Day 3
Sotefin Bharat SME IPO  | Closed |
Size
Rs. 89.76 Cr  |
QIB NII x RII x Total x Applications
2.82 6.05 3.78 3.99 6,070
Outlook- Flow of subscriptions improved marginally on Day 3

SBI Fund Management IPO | Closed |
Size Rs 9812.91 Cr. |
Open  14/07 Close 16/07
QIB S- HNI B HNI HNI RII Total
140.11 15.51 26.01 22.51 3.76 41.73
Employee – 4.65x
Shareholders – 9.52 x

Applications received- 63,82,532

Millworks SME IPO  | Closed |
Size
Rs. 160.34 Cr  |
QIB NII x RII x Total x Applications
194.05 260.37 216.60 219.54 4.92.473
Outlook-strong subscription on the last day
Alpine Texworld IPO | Closed |  
Size Rs 126.25 Cr. |
Open  14/07 Close 16/07
QIB S- HNI B HNI HNI RII Total
1.09 1.48 0.90 1.09 1.54 1.40
Applications received- 76,891
Strong Subscription trend on the last day of subscription

Devson SME IPO  | Closed |
Size
Rs. 42.34 Cr  |
QIB NII x RII x Total x Applications
168.56 261.22 244.08 244.08 139,357
Outlook- Good trend on the second day of subscription
Laser Power IPO | Closed | 
Size Rs 742 Cr. |
Open  09/07 Close 13/07
QIB S- HNI B HNI HNI RII Total
97.25 36.43 50.32 45.69 6.95 41.05
Applications received- 10,53,140
Weak Subscription trend on the last day of subscription
Happy Steel SME IPO  | Closed |
Size
Rs. 25.00 Cr  |
QIB NII x RII x Total x Applications
59.01 113.60 73.25 77.81 28,384
Outlook- Very weak subscription trend on the last day
Kusumgar IPO | Closed | 
Size Rs 650 Cr. |
Open  08/07 Close 10/07
QIB S- HNI B HNI HNI RII Total
299.51 144.04 189.40 174.28 27.97 135.80
Applications received- 37.19,655
Strong Subscription trend on the last day of subscription
IC Electricals SME IPO  | Closed |
Size
Rs. 47.91 Cr  |
QIB NII x RII x Total x Applications
241.75 764.38 372.50 420.09 3,13,006
Outlook- Strong subscription trend on the last day
Knack Packaging IPO | Closed | 
Size Rs 439.50 Cr. |
Open  01/07 Close 03/07
QIB S- HNI B HNI HNI RII Total
160.22 112.09 163.11 146.64 21.09 87.17
Applications received- 19,86,651
Subscription trend improved on the last day.
Teja Engineering SME IPO  | Closed |
Size
Rs. 37.36 Cr  |
QIB NII x RII x Total x Applications
1.81 0.32 1.37 273
Outlook- Very weak subscription trend on the last day till now.
Atharva Polyplast SME IPO  | Closed |
Size Rs. 27.00 Cr  |
QIB NII x RII x Total x Applications
3.58 18.97 11.30 10.74 5202
Outlook-
Seemex Resources SME IPO  | Closed |
Size
Rs. 19.74 Cr  |
QIB NII x RII x Total x Applications
17.19 4.08 1.52 3.62 1025
Outlook- Few large amount applications from QIBs pushed up the subscription figure ,otherwise the trend is not so impressive.
Sampark India SME IPO  | Closed|
Size Rs. 27.22 Cr  |
QIB NII x RII x Total x Applications
1.55 10.11 4.65 4.95 2,110
Outlook- Not so impressive trend on the last day till now.
Vinit Mobile SME IPO  | Closed |
Size
Rs. 34.13 Cr  |
QIB NII x RII x Total x Applications
1.00 0.80 2.18 1.62 1,759
Outlook- Very weak trend on the last day till now.
Kratikal Technologies SME IPO  | Closed |
Size Rs. 39.69 Cr  |
QIB NII x RII x Total x Applications
145.85 324.64 218.48 220.71 130,220
Outlook- The IPO is crowned as Chanakya Pick and the subscription flow reflects the our IPO-review
Adon Agro SME IPO  | Closed |
Size Rs. 44.03 Cr  |
QIB NII x RII x Total x Applications
22.47 1.24 0.63 1.16 589
Outlook- Few high amount applications in QIB, has pushed up the subscription level, which otherwise is unimpressive.
Aastha Spintex IPO | D – 3 | CT
Size Rs 170 Cr. |
Open  29/06 Close 1/07
QIB S- HNI B HNI HNI RII Total
2.33 5.89 7.72 7.11 2.17 4.18
Applications received- 96,256
Not so impressive trend observed on the last day till now.
Crazy Snacks SME IPO  | D-3 |
Size
Rs. 94.51 Cr  |
QIB NII x RII x Total x Applications
4.75 1.08 1.26 1.21 790
Outlook- Very weak trend on the last day . With few large amount applications, the IPO could said through.
CSM Technologies IPO | Closed | 
Size Rs 145.78 Cr. |
Open  24/06 Close 29/06
QIB S- HNI B HNI HNI RII Total
1.02 1.33 1.65 1.54 1.63 1.37
Applications received- 45,809
Not so impressive trend observed on the last day till now.
Riyaasat LifeStyle SME IPO  | Closed |
Size
Rs. 30.77 Cr  |
QIB NII x RII x Total x Applications
20.33 0.09 0.44 1.32 312
Outlook- Very weak trend on the last day of Subscription
Jivial Industries SME IPO  | Closed |
Size
Rs. 31.99 Cr  |
QIB NII x RII x Total x Applications
1.57 0.22 0.93 330
Outlook- Very weak trend on the second day.
Shreedhar Spinners SME IPO  | Closed |
Size
Rs. 30.68 Cr  |
QIB NII x RII x Total x Applications
2.51 14.58 5.71 6.70 3,470
Outlook- Very weak trend on the lastday also.
Waterways Leisure IPO | Closed | 
Size Rs 585 Cr. |
Open  23/06 Close 25/06
QIB S- HNI B HNI HNI RII Total
0.72 1.83 0.94 1.23 4.40 1.53
Applications received- 1,15,405
Normal trend seen on Day 3
Advit Jewels IPO | Closed | 
Size Rs 165.16 Cr. |
Open  23/06 Close 25/06
QIB S- HNI B HNI HNI RII Total
174.98 502.07 554.12 536.32 95.11 212.52
Applications received- 32,02,097
Strong trend seen on Day 2
Turtel Fintech IPO | Closed | 
Size Rs 882.67 Cr. |
Open  19/06 Close 23/06
QIB S- HNI B HNI HNI RII Total
1.63 0.56 0.54 0.55 1.11 1.24
Applications received- 52,935
Normal trend seen on Day 3
Anubhav Plast SME IPO  | Closed |
Size
Rs. 24.00 Cr  |
QIB NII x RII x Total x Applications
1.23 2.49 2.60 2.18 919

 

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Recently Closed IPOs – Final Subscription Snapshot

IPO QIB HNI Retail Total Applications
Mehul Telecom 32.5 79.38 37.41 44.91 18,716
Om Power Transmission 3.41 6.66 1.29 3.05 36,186
Safety Controls – SME</t