The NFP Sampoorna Foods SME IPO closed on May 20, 2026, with an overall subscription of 1.56 times, reflecting moderate investor participation in the public issue.

On the final day of bidding (Day 3), the IPO saw strong traction from retail investors, while interest from high net-worth individuals (HNIs) remained muted.

Final Subscription Breakdown (Day 3)

• Overall Subscription: 1.56×

• Retail Investors (RII): 2.79×

• Qualified Institutional Buyers (QIB): 1.00×

• Non-Institutional Investors (NII/HNI): 0.34×

Retail investors led the demand, subscribing nearly 3 times their allotted quota, indicating decent participation from individual investors. However, the relatively weak response from the NII segment and just fully subscribed QIB portion suggest cautious sentiment among larger investors.

Day-wise Subscription Trend

• Day 1: 0.47×

• Day 2: 1.04×

• Day 3: 1.56×

The IPO witnessed steady growth in subscriptions over the three days, with a noticeable pickup in retail demand toward the closing day.

IPO Details

• Issue Size: ₹24.53 crore

• Price Band: ₹52–₹55 per share

• Exchange: NSE SME

• Lot Size: As per SME norms

Investor Sentiment

Despite decent retail participation, overall sentiment remained mixed due to:

• Weak HNI demand (0.34×)

• Flat GMP at ₹0, indicating no expected listing gains

What This Means for Investors

The IPO’s closing subscription suggests:

• Limited institutional confidence

• Strong but not overwhelming retail interest

• Potential for flat or muted listing performance

Investors should closely track the allotment status and listing-day market conditions before making further decisions.