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.
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 category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 6,04,800 | 2,53,52,000 | 42× |
| Others | no separate quota | 2,24,22,400 | n/a |
| Foreign Institutional Investors | no separate quota | 28,50,400 | n/a |
| Domestic Financial Institutions | no separate quota | 76,800 | n/a |
| Mutual Funds | no separate quota | 2,400 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 7,83,200 | 3,95,27,200 | 50× |
| Corporates | no separate quota | 11,04,800 | n/a |
| Individuals | no separate quota | 3,77,72,000 | n/a |
| Others | no separate quota | 6,50,400 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 10,57,600 | 5,93,23,200 | 56× |
| Cut Off | no separate quota | — | n/a |
| Price Bids | no separate quota | 5,93,23,200 | 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 | 24,45,600 | 12,42,02,400 | 51× |
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.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.