
RFBL Flexi Pack IPO Subscription Status Day 1: Issue Subscribed 0.62x
RFBL Flexi Pack IPO subscribed 0.62x on Day 1. QIB portion crossed 1x subscription while retail investors subscribed 0.65x of the allocated quota.
RFBL Flexi Pack IPO Subscription Status – Day 1
RFBL Flexi Pack IPO opened for subscription on Tuesday, May 12, 2026, and received a muted response from investors on the first day of bidding. As of 1:50 PM on Day 1, the IPO was subscribed 0.62 times overall.
The IPO is a Book Building SME issue worth ₹35.33 crore and is proposed to be listed on the NSE SME platform. The public issue remains open for subscription until Thursday, May 14, 2026.
RFBL Flexi Pack IPO Day 1 Subscription Data
Category | Subscription Times |
|---|---|
QIB (Ex Anchor) | 1.12x |
NII | 0.48x |
Retail Individual Investors | 0.65x |
Total Subscription | 0.62x |
Investor Participation Overview
The Qualified Institutional Buyers (QIB) category showed the strongest demand on Day 1 with 1.12x subscription. Retail investors subscribed 0.65x of their allocated quota, while the Non-Institutional Investors (NII) portion was subscribed 0.48x.
The IPO received a total of 508 applications against 67.11 lakh shares available for subscription. Investors bid for approximately 41.58 lakh shares by midday on the opening day.
Category-wise Share Allocation
RFBL Flexi Pack IPO consists of a total issue size of 70.65 lakh equity shares. The allocation structure is as follows:
Retail Investors: 42.18 lakh shares (59.70%)
NII Category: 21.33 lakh shares (30.19%)
QIB Category: 3.60 lakh shares (5.10%)
Market Maker Portion: 3.54 lakh shares (5.01%)
NII Segment Breakdown
Within the NII category:
bNII (> ₹10 lakh applications): 0.69x subscribed
sNII (< ₹10 lakh applications): 0.06x subscribed
The stronger participation from bNII investors compared to sNII indicates higher interest from larger investors during the initial bidding session.
Key IPO Dates
Event | Date |
|---|---|
IPO Opening Date | May 12, 2026 |
IPO Closing Date | May 14, 2026 |
Listing Exchange | NSE SME |
Should Investors Watch RFBL Flexi Pack IPO?
The subscription trend on Day 1 suggests moderate investor interest so far. Market participants will closely monitor subscription momentum during the remaining bidding days, especially retail and HNI demand.
QIB participation crossing 1x on the opening day may provide some confidence, but stronger overall subscription numbers are generally preferred for positive listing expectations.
Investors should also keep an eye on GMP trends, company fundamentals, financial performance, and sector outlook before making investment decisions.
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