TNA Solutions IPO Subscription Status
Final figures at close of bidding: 9 Oct 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 35.64x |
| NII | 102.14x |
| sNII (₹2L–₹10L) | 76.59x |
| bNII (above ₹10L) | 114.91x |
| Retail (RII) | 46.17x |
| Total | 55.2x |
Bidding day 7
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0x | 0.19x | 0.06x | 0.46x | 0.25x |
| Day 2 | 4.77x | 0.21x | 0.08x | 0.64x | 1.71x |
| Day 3 | 4.77x | 0.21x | 0.08x | 0.64x | 1.71x |
| Day 4 | 4.77x | 0.21x | 0.08x | 0.64x | 1.71x |
| Day 5 | 4.77x | 0.21x | 0.08x | 0.64x | 1.71x |
| Day 6 | 4.77x | 1.81x | 2x | 2.42x | 2.99x |
| Day 7 | 35.64x | 76.59x | 114.91x | 46.17x | 55.2x |
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 TNA Solutions book was built over 7 days: overall subscription stood at 0.25× at the close of day 1, read 1.71× at the end of day 2, read 1.71× at the end of day 3, read 1.71× at the end of day 4, read 1.71× at the end of day 5, read 2.99× at the end of day 6, and finished at 55.2× on day 7. On the final day it was non-institutional investors (NII) driving the book, at 102.14× 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 7, when the overall multiple moved from 2.99× to 55.2×.
Category detail
Qualified institutional buyers took their portion to 35.64×. Non-institutional investors came in at 102.14×, split 76.59× in the small-NII bucket (bids under ₹10 lakh) and 114.91× 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 46.17× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 102.14× and qualified institutional buyers (QIB) at the bottom at 35.64×.
What the multiple means for allotment
With retail subscription at 46.17×, applications in that category exceeded the shares available to it by a factor of about 46.17. 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 — ₹1,40,000 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 TNA Solutions IPO open and close?
- The TNA Solutions IPO opens on 30 Sept 2026 and closes on 6 Oct 2026.
- How many times was the TNA Solutions IPO subscribed?
- The TNA Solutions IPO was subscribed 55.2 times in total across all investor categories.
- What is the reservation split in the TNA Solutions IPO?
- Of the total shares offered, retail investors get 35.05%, QIBs 19.98% (plus 29.91% anchor), non-institutional investors 15.07%.