Vivekanand Cotspin IPO Subscription Status
Final figures at close of bidding: 28 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 1.26x |
| NII | 2.41x |
| sNII (₹2L–₹10L) | 1.26x |
| bNII (above ₹10L) | 2.99x |
| Retail (RII) | 1.82x |
| Total | 1.79x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0x | 0.18x | 0.31x | 0.05x | 0.08x |
| Day 2 | 0x | 0.33x | 0.36x | 0.2x | 0.17x |
| Day 3 | 1.26x | 1.26x | 2.99x | 1.82x | 1.79x |
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
Demand in the Vivekanand Cotspin IPO accumulated over 3 days of bidding: overall subscription stood at 0.08× at the close of day 1, read 0.17× at the end of day 2, and finished at 1.79× on day 3. On the final day it was non-institutional investors (NII) driving the book, at 2.41× 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 0.17× to 1.79×.
Category detail
The QIB portion ended at 1.26×. Non-institutional investors came in at 2.41×, split 1.26× in the small-NII bucket (bids under ₹10 lakh) and 2.99× 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 1.82× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 2.41× and qualified institutional buyers (QIB) at the bottom at 1.26×.
What the multiple means for allotment
Retail bids ran to about 1.82 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 3000 shares — ₹1,11,000 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 Vivekanand Cotspin IPO open and close?
- The Vivekanand Cotspin IPO opens on 21 Sept 2026 and closes on 23 Sept 2026.
- How many times was the Vivekanand Cotspin IPO subscribed?
- The Vivekanand Cotspin IPO was subscribed 1.79 times in total across all investor categories.
- What is the reservation split in the Vivekanand Cotspin IPO?
- Of the total shares offered, retail investors get 35.26%, QIBs 19.89% (plus 29.84% anchor), non-institutional investors 15%.