Pind Hospitality IPO Subscription Status
Final figures at close of bidding: 6 Oct 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 1x |
| NII | 1.15x |
| sNII (₹2L–₹10L) | 0.86x |
| bNII (above ₹10L) | 1.3x |
| Retail (RII) | 4.31x |
| Total | 2.71x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 1x | 0x | 0x | 0.02x | 0.02x |
| Day 2 | 1x | 0x | 0.76x | 0.03x | 0.27x |
| Day 3 | 1x | 0.86x | 1.3x | 4.31x | 2.71x |
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 Pind Hospitality IPO accumulated over 3 days of bidding: overall subscription stood at 0.02× at the close of day 1, read 0.27× at the end of day 2, and finished at 2.71× on day 3. On the final day it was retail investors driving the book, at 4.31× 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 0.27× to 2.71×.
Category detail
The QIB portion ended at 1×. Non-institutional investors came in at 1.15×, split 0.86× in the small-NII bucket (bids under ₹10 lakh) and 1.3× 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 4.31× the shares reserved for them. That puts retail investors at the top of the book at 4.31× and qualified institutional buyers (QIB) at the bottom at 1×.
What the multiple means for allotment
Retail bids ran to about 4.31 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 — ₹1,18,800 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 Pind Hospitality IPO open and close?
- The Pind Hospitality IPO opens on 28 Sept 2026 and closes on 30 Sept 2026.
- How many times was the Pind Hospitality IPO subscribed?
- The Pind Hospitality IPO was subscribed 2.71 times in total across all investor categories.
- What is the reservation split in the Pind Hospitality IPO?
- Of the total shares offered, retail investors get 49.44%, QIBs 1.05%, non-institutional investors 49.51%.