Bidding closedSMEChemicalsAMTECH

Amtech Esters IPO

Amtech Esters IPO is an SME IPO raising ₹18 Cr at ₹71 – ₹75 a share. The smallest application you can make is 1600 shares, costing ₹1,20,000 at the top of the band. Bidding has closed; the shares list on 17 Sept 2026. So far it has been subscribed 23× in total.

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₹71 – ₹75

Price band

₹1,20,000

Minimum to apply (1600 shares)

₹18 Cr

Issue size

11 Sept 2026

Bidding closes

23×Subscribed · all exchanges

23.4 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor category	Shares offered	Shares bid for	Subscribed
QIB Banks, funds and other large institutions	4,52,800	68,22,400	15×
Others	no separate quota	68,22,400	n/a
Foreign Institutional Investors	no separate quota	—	n/a
Domestic Financial Institutions	no separate quota	—	n/a
Mutual Funds	no separate quota	—	n/a
Non-institutional Wealthy individuals and companies bidding above ₹2 lakh	4,60,800	1,10,33,600	24×
Corporates	no separate quota	2,89,600	n/a
Individuals	no separate quota	1,05,08,800	n/a
Others	no separate quota	2,35,200	n/a
Retail Ordinary investors bidding up to ₹2 lakh	7,93,600	2,21,69,600	28×
Cut Off	no separate quota	—	n/a
Price Bids	no separate quota	2,21,69,600	n/a
Employee Reserved	no separate quota	0	n/a
Employee	no separate quota	—	n/a
Employee	no separate quota	—	n/a
Reservation PortionShareholder	no separate quota	0	n/a
RPS	no separate quota	—	n/a
RPS	no separate quota	—	n/a
Total	17,07,200	4,00,25,600	23×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 11 Sept, 04:15 pm IST.

How demand built

Our own series — the exchanges publish a running total and never a history.23 readings held.

9 Sept, 11:23 am0.00×

9 Sept, 12:14 pm0.59×

9 Sept, 01:28 pm0.73×

9 Sept, 02:28 pm0.85×

9 Sept, 03:28 pm1.17×

9 Sept, 04:28 pm1.26×

9 Sept, 05:28 pm1.32×

10 Sept, 10:15 am1.35×

10 Sept, 11:15 am1.85×

10 Sept, 12:15 pm1.94×

10 Sept, 01:15 pm2.30×

10 Sept, 02:15 pm2.53×

10 Sept, 03:15 pm2.69×

10 Sept, 04:15 pm2.91×

10 Sept, 05:15 pm3.38×

11 Sept, 10:15 am3.51×

11 Sept, 11:15 am5.83×

11 Sept, 12:15 pm7.55×

11 Sept, 01:15 pm11×

11 Sept, 02:15 pm14×

11 Sept, 03:15 pm19×

11 Sept, 04:15 pm29×

11 Sept, 05:15 pm30×

Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.