Phychem Technologies IPO Subscription Status
Final figures at close of bidding: 7 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 4.31x |
| NII | 42.41x |
| sNII (₹2L–₹10L) | 27.2x |
| bNII (above ₹10L) | 50.19x |
| Retail (RII) | 20.76x |
| Total | 20.79x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 3.53x | 0.33x | 0.78x | 0.25x | 1.26x |
| Day 2 | 3.53x | 1.24x | 1.33x | 1.38x | 1.97x |
| Day 3 | 4.31x | 27.2x | 50.19x | 20.76x | 20.79x |
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
The Phychem Technologies book was built over 3 days: overall subscription stood at 1.26× at the close of day 1, read 1.97× at the end of day 2, and finished at 20.79× on day 3. On the final day it was non-institutional investors (NII) driving the book, at 42.41× 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 3, when the overall multiple moved from 1.97× to 20.79×.
Category detail
Qualified institutional buyers took their portion to 4.31×. Non-institutional investors came in at 42.41×, split 27.2× in the small-NII bucket (bids under ₹10 lakh) and 50.19× 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 20.76× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 42.41× and qualified institutional buyers (QIB) at the bottom at 4.31×.
What the multiple means for allotment
With retail subscription at 20.76×, applications in that category exceeded the shares available to it by a factor of about 20.76. 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 2000 shares — ₹1,08,000 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 Phychem Technologies IPO open and close?
- The Phychem Technologies IPO opens on 31 Aug 2026 and closes on 2 Sept 2026.
- How many times was the Phychem Technologies IPO subscribed?
- The Phychem Technologies IPO was subscribed 20.79 times in total across all investor categories.
- What is the reservation split in the Phychem Technologies IPO?
- Of the total shares offered, retail investors get 35.13%, QIBs 19.91% (plus 29.74% anchor), non-institutional investors 15.22%.