Shakti Polytarp IPO Subscription Status
Final figures at close of bidding: 22 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 49.22x |
| NII | 5.43x |
| sNII (₹2L–₹10L) | 4.05x |
| bNII (above ₹10L) | 6.11x |
| Retail (RII) | 4.12x |
| Total | 11.87x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0x | 0.3x | 2.11x | 0.11x | 0.64x |
| Day 2 | 0x | 0.49x | 2.08x | 0.26x | 0.72x |
| Day 3 | 49.22x | 4.05x | 6.11x | 4.12x | 11.87x |
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 Shakti Polytarp IPO accumulated over 3 days of bidding: overall subscription stood at 0.64× at the close of day 1, read 0.72× at the end of day 2, and finished at 11.87× on day 3. On the final day it was qualified institutional buyers (QIB) driving the book, at 49.22× 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 0.72× to 11.87×.
Category detail
The QIB portion ended at 49.22×. Non-institutional investors came in at 5.43×, split 4.05× in the small-NII bucket (bids under ₹10 lakh) and 6.11× 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 4.12× the shares reserved for them. That puts qualified institutional buyers (QIB) at the top of the book at 49.22× and retail investors at the bottom at 4.12×.
What the multiple means for allotment
Retail bids ran to about 4.12 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 2000 shares — ₹1,18,000 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 Shakti Polytarp IPO open and close?
- The Shakti Polytarp IPO opens on 15 Sept 2026 and closes on 17 Sept 2026.
- How many times was the Shakti Polytarp IPO subscribed?
- The Shakti Polytarp IPO was subscribed 11.87 times in total across all investor categories.
- What is the reservation split in the Shakti Polytarp IPO?
- Of the total shares offered, retail investors get 36.46%, QIBs 13.01% (plus 18.97% anchor), non-institutional investors 31.56%.