Papadmalji Agro Foods IPO Subscription Status
Final figures at close of bidding: 7 Oct 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 86.85x |
| NII | 1.32x |
| sNII (₹2L–₹10L) | 0.64x |
| bNII (above ₹10L) | 1.66x |
| Retail (RII) | 1.59x |
| Total | 2.54x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 86.85x | 0.02x | 0x | 0.51x | 1.4x |
| Day 2 | 86.85x | 0.15x | 0.41x | 0.8x | 1.7x |
| Day 3 | 86.85x | 0.64x | 1.66x | 1.59x | 2.54x |
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
Bidding in the Papadmalji Agro Foods IPO ran across 3 recorded days: overall subscription stood at 1.4× at the close of day 1, read 1.7× at the end of day 2, and finished at 2.54× on day 3. On the final day it was qualified institutional buyers (QIB) driving the book, at 86.85× of the shares set aside for the category. The largest single-day addition came on day 3, when the overall multiple moved from 1.7× to 2.54×.
Category detail
Institutional demand closed at 86.85× of the QIB quota. Non-institutional investors came in at 1.32×, split 0.64× in the small-NII bucket (bids under ₹10 lakh) and 1.66× 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 1.59× the shares reserved for them. That puts qualified institutional buyers (QIB) at the top of the book at 86.85× and non-institutional investors (NII) at the bottom at 1.32×.
What the multiple means for allotment
A retail multiple of 1.59× means bids in the category outnumbered the shares set aside for it roughly 1.59 times over. 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 1600 shares — ₹1,15,200 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 Papadmalji Agro Foods IPO open and close?
- The Papadmalji Agro Foods IPO opens on 29 Sept 2026 and closes on 1 Oct 2026.
- How many times was the Papadmalji Agro Foods IPO subscribed?
- The Papadmalji Agro Foods IPO was subscribed 2.54 times in total across all investor categories.
- What is the reservation split in the Papadmalji Agro Foods IPO?
- Of the total shares offered, retail investors get 69.19%, QIBs 1.2%, non-institutional investors 29.6%.