
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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