ListedSMEConsumer FoodSHELLZ

Shellz India IPO

Shellz India IPO is an SME IPO raising ₹60 Cr at ₹170 – ₹179 a share. It listed on 23 Oct 2026 at ₹179, 0.0% against its issue price of ₹179, and trades at ₹162 today (−9.8% since issue). It was subscribed 51× in total.

₹179
Issue price
₹162
Price now
−9.8%
Since issue price
23 Oct 2026
Listed on
51×Subscribed (final) · all exchanges

50.8 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
6,04,8002,53,52,00042×
Othersno separate quota2,24,22,400n/a
Foreign Institutional Investorsno separate quota28,50,400n/a
Domestic Financial Institutionsno separate quota76,800n/a
Mutual Fundsno separate quota2,400n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
7,83,2003,95,27,20050×
Corporatesno separate quota11,04,800n/a
Individualsno separate quota3,77,72,000n/a
Othersno separate quota6,50,400n/a
Retail
Ordinary investors bidding up to ₹2 lakh
10,57,6005,93,23,20056×
Cut Offno separate quota—n/a
Price Bidsno separate quota5,93,23,200n/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
Total24,45,60012,42,02,40051×

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 20 Oct, 08:15 am IST.

How demand built

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

15 Oct, 11:15 am0.00×
15 Oct, 12:15 pm0.13×
15 Oct, 01:15 pm0.21×
15 Oct, 02:15 pm0.27×
15 Oct, 03:15 pm0.48×
15 Oct, 04:15 pm0.51×
15 Oct, 05:15 pm0.61×
16 Oct, 11:15 am0.78×
16 Oct, 12:15 pm0.81×
16 Oct, 12:31 pm0.91×
16 Oct, 01:31 pm0.92×
16 Oct, 02:31 pm0.96×
16 Oct, 03:31 pm0.97×
16 Oct, 04:31 pm0.98×
16 Oct, 05:31 pm1.05×
19 Oct, 11:25 am3.24×
19 Oct, 12:25 pm5.63×
19 Oct, 01:25 pm9.79×
19 Oct, 02:25 pm17×
19 Oct, 03:25 pm33×
19 Oct, 04:25 pm57×
19 Oct, 05:25 pm58×

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