Symbiotec Pharmalab IPO
Symbiotec Pharmalab IPO is a mainboard IPO raising ₹1,757 Cr at ₹938 – ₹988 a share. It listed on 1 Sept 2026 at ₹988, 0.0% against its issue price of ₹988, and trades at ₹1,139 today (+15.3% since issue). It was subscribed 71× in total.
71.3 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 | 37,39,872 | 64,33,59,195 | 172× |
| Foreign Institutional Investors | no separate quota | 12,59,47,230 | n/a |
| Domestic Financial Institutions | no separate quota | 36,76,69,110 | n/a |
| Mutual funds | no separate quota | 3,49,90,815 | n/a |
| Others | no separate quota | 11,47,52,040 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 28,04,904 | 20,65,35,120 | 74× |
| Non Institutional Investors | 18,69,936 | 15,50,46,495 | 83× |
| Corporates | no separate quota | 12,53,805 | n/a |
| Individuals | no separate quota | 14,63,23,875 | n/a |
| Others | no separate quota | 74,68,815 | n/a |
| Non Institutional Investors | 9,34,968 | 5,14,88,625 | 55× |
| Corporates | no separate quota | 1,44,720 | n/a |
| Individuals | no separate quota | 4,95,61,725 | n/a |
| Others | no separate quota | 17,82,180 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 65,44,776 | 8,48,10,330 | 13× |
| Cut Off | no separate quota | 7,22,08,140 | n/a |
| Price bids | no separate quota | 1,26,02,190 | n/a |
| Employees | 35,377 | 5,45,055 | 15× |
| Cut Off | no separate quota | 4,55,625 | n/a |
| Price Bids | no separate quota | 89,430 | n/a |
| Total | 1,31,24,929 | 93,52,49,700 | 71× |
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 27 Aug, 05:16 pm IST.
Where the bids landed
Demand falls about 18% from the bottom of the band to the top. 8% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.34 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.