ListedSMEPackagingDHAVALPACK

Dhaval Packaging IPO

Dhaval Packaging IPO is an SME IPO raising ₹36 Cr at ₹92 – ₹97 a share. It listed on 6 Aug 2026 at ₹110, +13.4% against its issue price of ₹97, and trades at ₹116 today (+19.3% since issue). It was subscribed 46× in total.

97
Issue price
116
Price now
+19.3%
Since issue price
6 Aug 2026
Listed on
46×Subscribed (final) · all exchanges

46.4 times more demand than shares on offer

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

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
6,87,6003,87,66,00056×
Othersno separate quota3,35,26,800n/a
Foreign Institutional Investorsno separate quota50,34,000n/a
Domestic Financial Institutionsno separate quota2,05,200n/a
Mutual Fundsno separate quotan/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
7,05,6003,91,23,60055×
Corporatesno separate quota6,28,800n/a
Individualsno separate quota3,77,41,200n/a
Othersno separate quota7,53,600n/a
Retail
Ordinary investors bidding up to ₹2 lakh
12,04,8004,80,79,20040×
Cut Offno separate quotan/a
Price Bidsno separate quota4,80,79,200n/a
Employee Reserved1,20,00093,6000.78×
Employeeno separate quotan/a
Employeeno separate quota93,600n/a
Reservation PortionShareholderno separate quota0n/a
RPSno separate quotan/a
RPSno separate quotan/a
Total27,18,00012,60,62,40046×

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 4 Aug, 09:47 am IST.

How demand built

Our own series — the exchanges publish a running total and never a history.22 readings held.

30 Jul, 11:15 am0.00×
30 Jul, 12:15 pm0.26×
30 Jul, 02:15 pm0.36×
30 Jul, 03:15 pm0.41×
30 Jul, 04:15 pm0.48×
30 Jul, 04:51 pm0.55×
30 Jul, 11:37 pm0.56×
31 Jul, 11:15 am0.79×
31 Jul, 12:15 pm0.86×
31 Jul, 01:15 pm1.27×
31 Jul, 02:15 pm1.36×
31 Jul, 03:15 pm1.43×
31 Jul, 04:15 pm1.50×
31 Jul, 05:15 pm1.69×
3 Aug, 10:39 am5.20×
3 Aug, 11:39 am7.57×
3 Aug, 12:39 pm10×
3 Aug, 01:39 pm15×
3 Aug, 02:39 pm22×
3 Aug, 03:39 pm47×
3 Aug, 04:25 pm56×
3 Aug, 04:56 pm57×

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