Madhur Knit IPO Subscription Status
Final figures at close of bidding: 1 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 1.01x |
| NII | 0.74x |
| sNII (₹2L–₹10L) | 0.8x |
| bNII (above ₹10L) | 0.86x |
| Retail (RII) | 2.3x |
| Total | 1.5x |
Bidding day 4
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.99x | 0.03x | 0.56x | 0.25x | 0.32x |
| Day 2 | 1.01x | 0.08x | 0.38x | 0.55x | 0.42x |
| Day 3 | 1.01x | 0.15x | 0.42x | 1.1x | 0.7x |
| Day 4 | 1.01x | 0.8x | 0.86x | 2.3x | 1.5x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Demand in the Madhur Knit IPO accumulated over 4 days of bidding: overall subscription stood at 0.32× at the close of day 1, read 0.42× at the end of day 2, read 0.7× at the end of day 3, and finished at 1.5× on day 4. On the final day it was retail investors driving the book, at 2.3× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 4, when the overall multiple moved from 0.7× to 1.5×.
Category detail
The QIB portion ended at 1.01×. Non-institutional investors came in at 0.74×, split 0.8× in the small-NII bucket (bids under ₹10 lakh) and 0.86× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 2.3× the shares reserved for them. That puts retail investors at the top of the book at 2.3× and non-institutional investors (NII) at the bottom at 0.74×.
What the multiple means for allotment
Retail bids ran to about 2.3 times the shares earmarked for the category. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1200 shares — ₹1,20,000 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Madhur Knit IPO open and close?
- The Madhur Knit IPO opens on 24 Aug 2026 and closes on 27 Aug 2026.
- How many times was the Madhur Knit IPO subscribed?
- The Madhur Knit IPO was subscribed 1.5 times in total across all investor categories.
- What is the reservation split in the Madhur Knit IPO?
- Of the total shares offered, retail investors get 45.01%, QIBs 4.01% (plus 5.98% anchor), non-institutional investors 45.01%.