Simca Advertising IPO Subscription Status Day 2: Issue Subscribed 4.10x So Far

IPO Subscription Updates
Simca Advertising IPO Subscription Status Day 2: Issue Subscribed 4.10x So Far
IPO Subscription Updates11 May 2026by IPOUP - Expert67 views

Simca Advertising IPO Subscription Status Day 2: Issue Subscribed 4.10x So Far

Simca Advertising IPO subscribed 4.10 times on Day 2, led by strong QIB demand of 6.50x and retail subscription of 4.06x. Check latest subscription details, issue size, and investor response.


Simca Advertising IPO Subscription Status

The Simca Advertising IPO has received a strong response from investors on Day 2 of bidding. As of May 11, 2026, 4:50 PM, the IPO was subscribed 4.10 times overall across all investor categories.

The SME IPO, which opened for subscription on May 8, 2026, will close on May 12, 2026. The issue size stands at approximately ₹58 crore and the shares will be listed on the NSE SME platform.

Simca Advertising IPO Subscription Details (Day 2)

Category

Subscription Times

QIB (Ex Anchor)

6.50x

NII

3.01x

Retail Investors

4.06x

Total Subscription

4.10x

The Qualified Institutional Buyers (QIBs) segment showed the highest demand with 6.50 times subscription, while retail investors subscribed their portion 4.06 times.

Day-wise Subscription Trend

Date

QIB

NII

Retail

Total

May 8, 2026 (Day 1)

1.84x

0.52x

0.24x

0.65x

May 11, 2026 (Day 2)

6.50x

3.01x

4.06x

4.10x

The subscription figures indicate growing investor interest on the second day of bidding, especially from institutional investors.

Simca Advertising IPO Issue Size

The IPO consists of approximately 0.30 crore equity shares worth ₹58.04 crore. The allocation is divided among retail investors, qualified institutional buyers, and non-institutional investors.

Share Allocation Breakdown

  • Retail Investors: 10.56 lakh shares

  • QIB Portion: 9.27 lakh shares

  • NII Portion: 10.29 lakh shares

  • Market Maker Portion: 1.59 lakh shares

Anchor Investor Details

Before the IPO opening, Simca Advertising raised funds from anchor investors by allotting 4,39,200 shares at ₹183 per share.

Some key anchor investors include:

  • Rajasthan Global Securities Pvt. Ltd.

  • LRSD Securities Pvt. Ltd.

  • Bridge India Fund

  • Vikasa India EIF I Fund

Simca Advertising IPO Key Dates

Event

Date

IPO Opening Date

May 8, 2026

IPO Closing Date

May 12, 2026

Basis of Allotment

Expected Soon

NSE SME Listing

Expected Soon

Should Investors Watch This IPO?

The strong QIB participation and improving retail demand suggest positive market sentiment towards the Simca Advertising IPO. However, investors should always evaluate company fundamentals, valuation, and risk factors before making investment decisions.

Stay tuned for the latest updates on Simca Advertising IPO allotment status, GMP, and listing performance.

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