Shreedhar Spinners IPO Subscription Status
Final figures at close of bidding: 15 Jul 2026, 12:00 am IST
| Category | Subscription |
|---|---|
| QIB | 2.51x |
| NII | 14.58x |
| Retail (RII) | 5.71x |
| Total | 6.7x |
Bidding day 3
Day-wise subscription
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.02x | 1.53x | 0.41x | 0.54x |
| Day 2 | 0.39x | 3.93x | 0.7x | 1.3x |
| Day 3 | 2.51x | 14.58x | 5.71x | 6.7x |
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 Shreedhar Spinners book was built over 3 days: overall subscription stood at 0.54× at the close of day 1, read 1.3× at the end of day 2, and finished at 6.7× on day 3. On the final day it was non-institutional investors (NII) driving the book, at 14.58× 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 1.3× to 6.7×.
Category detail
Qualified institutional buyers took their portion to 2.51×. Non-institutional investors came in at 14.58×. Retail investors put in bids for 5.71× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 14.58× and qualified institutional buyers (QIB) at the bottom at 2.51×.
What the multiple means for allotment
With retail subscription at 5.71×, applications in that category exceeded the shares available to it by a factor of about 5.71. 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 — ₹1,06,000 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 Shreedhar Spinners IPO open and close?
- The Shreedhar Spinners IPO opens on 23 Jun 2026 and closes on 25 Jun 2026.
- How many times was the Shreedhar Spinners IPO subscribed?
- The Shreedhar Spinners IPO was subscribed 6.7 times in total across all investor categories.
- What is the reservation split in the Shreedhar Spinners IPO?
- Of the total shares offered, retail investors get 35.02%, QIBs 19.99% (plus 29.95% anchor), non-institutional investors 15.03%.