ListedSMELIQVD

Liqvd Digital India IPO

Liqvd Digital India IPO is an SME IPO raising ₹39 Cr at ₹51 – ₹54 a share. It listed on 30 Sept 2026 at ₹54, −0.5% against its issue price of ₹54, and trades at ₹28 today (−48.9% since issue). It was subscribed 5.08× in total.

₹54
Issue price
₹28
Price now
−48.9%
Since issue price
30 Sept 2026
Listed on
5.08×Subscribed (final) · all exchanges

5.1 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
21,62,00021,62,0001.00×
Othersno separate quota21,62,000n/a
Foreign Institutional Investorsno separate quota—n/a
Domestic Financial Institutionsno separate quota—n/a
Mutual Fundsno separate quota—n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
14,64,0003,07,70,00021×
Corporatesno separate quota13,04,000n/a
Individualsno separate quota2,90,10,000n/a
Othersno separate quota4,56,000n/a
Retail
Ordinary investors bidding up to ₹2 lakh
39,68,00056,80,0001.43×
Cut Offno separate quota—n/a
Price Bidsno separate quota56,80,000n/a
Employee Reservedno separate quota0n/a
Employeeno separate quota—n/a
Employeeno separate quota—n/a
Reservation PortionShareholderno separate quota0n/a
RPSno separate quota—n/a
RPSno separate quota—n/a
Total75,94,0003,86,12,0005.08×

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 25 Sept, 05:19 pm IST.

How demand built

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

23 Sept, 10:50 am0.00×
23 Sept, 11:50 am0.19×
23 Sept, 12:50 pm0.26×
23 Sept, 01:50 pm0.63×
23 Sept, 02:50 pm0.77×
23 Sept, 03:51 pm1.07×
23 Sept, 04:50 pm1.13×
23 Sept, 05:50 pm1.21×
24 Sept, 11:15 am1.31×
24 Sept, 12:12 pm1.33×
24 Sept, 01:12 pm1.34×
24 Sept, 02:12 pm1.38×
24 Sept, 03:12 pm1.40×
24 Sept, 04:12 pm1.41×
24 Sept, 05:12 pm1.44×
25 Sept, 11:15 am1.75×
25 Sept, 12:15 pm2.09×
25 Sept, 01:15 pm2.52×
25 Sept, 02:15 pm3.11×
25 Sept, 03:15 pm4.71×
25 Sept, 04:15 pm5.88×
25 Sept, 05:00 pm5.91×

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