ListedSMETextileTNA

TNA Solutions IPO

TNA Solutions IPO is an SME IPO raising ₹38 Cr at ₹66 – ₹70 a share. It listed on 9 Oct 2026 at ₹56, −20.0% against its issue price of ₹70, and trades at ₹42 today (−39.9% since issue). It was subscribed 51× in total.

₹70
Issue price
₹42
Price now
−39.9%
Since issue price
9 Oct 2026
Listed on
51×Subscribed (final) · all exchanges

51.4 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
10,26,0003,65,66,00036×
Othersno separate quota3,24,62,000n/a
Foreign Institutional Investorsno separate quota40,98,000n/a
Domestic Financial Institutionsno separate quota6,000n/a
Mutual Fundsno separate quota—n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
10,46,0007,93,28,00076×
Corporatesno separate quota18,12,000n/a
Individualsno separate quota7,58,92,000n/a
Othersno separate quota16,24,000n/a
Retail
Ordinary investors bidding up to ₹2 lakh
18,00,0008,31,00,00046×
Cut Offno separate quota—n/a
Price Bidsno separate quota8,31,00,000n/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
Total38,72,00019,89,94,00051×

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 7 Oct, 08:15 am IST.

How demand built

Our own series — the exchanges publish a running total and never a history.29 readings held.

30 Sept, 11:15 am0.00×
30 Sept, 12:26 pm0.06×
30 Sept, 01:26 pm0.08×
30 Sept, 02:26 pm0.11×
30 Sept, 03:26 pm0.17×
30 Sept, 04:26 pm0.18×
30 Sept, 05:26 pm0.25×
1 Oct, 11:15 am0.27×
1 Oct, 12:15 pm0.35×
1 Oct, 01:15 pm0.37×
1 Oct, 02:15 pm0.49×
1 Oct, 03:15 pm1.76×
1 Oct, 04:15 pm1.77×
1 Oct, 05:15 pm1.78×
5 Oct, 10:54 am1.98×
5 Oct, 11:54 am2.16×
5 Oct, 12:54 pm2.35×
5 Oct, 01:54 pm2.38×
5 Oct, 02:54 pm2.55×
5 Oct, 03:54 pm2.68×
5 Oct, 04:54 pm3.00×
5 Oct, 05:54 pm3.06×
6 Oct, 11:15 am6.01×
6 Oct, 12:15 pm9.49×
6 Oct, 01:15 pm17×
6 Oct, 02:15 pm22×
6 Oct, 03:15 pm35×
6 Oct, 04:15 pm54×
6 Oct, 05:15 pm55×

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