
Simca Advertising IPO Subscription Status Day 3 Live – Subscribed 41.88x
Simca Advertising IPO subscribed 41.88 times on Day 3. QIB portion subscribed 49.70x, NII 41.53x, and retail investors 38.60x ahead of NSE SME listing.
Simca Advertising IPO Subscription Status Live Updates
The Simca Advertising IPO received a strong response from investors on Day 3 of bidding. As of May 12, 2026, 2:04 PM, the IPO was subscribed 41.88 times overall.
The Qualified Institutional Buyers (QIB) category led the demand with subscriptions reaching 49.70x, while the Non-Institutional Investors (NII/HNI) portion was subscribed 41.53x. Retail investors also showed solid participation with subscriptions of 38.60x.
Simca Advertising IPO Subscription Breakdown
Category | Subscription (x) |
|---|---|
QIB (Ex Anchor) | 49.70x |
NII/HNI | 41.53x |
Retail Investors | 38.60x |
Total Subscription | 41.88x |
The IPO received bids for more than 10.77 crore shares against the 25.73 lakh shares on offer. Total applications crossed 44,603 by the final day of subscription.
Day-wise Subscription Trend
Date | Total Subscription |
|---|---|
Day 1 – May 8 | 0.65x |
Day 2 – May 11 | 4.19x |
Day 3 – May 12 | 41.88x |
The sharp jump in subscriptions on the final day indicates strong institutional and HNI interest in the SME IPO segment.
IPO Size and Allocation
The Simca Advertising IPO is worth approximately ₹58.04 crore and consists of a fresh issue of around 31.71 lakh equity shares.
Category-wise Share Allocation
Retail Portion: 10.56 lakh shares
NII Portion: 10.29 lakh shares
QIB Portion: 9.27 lakh shares
Market Maker Portion: 1.59 lakh shares
Anchor Investor Details
Ahead of the IPO opening, anchor investors invested approximately ₹8.04 crore at the upper price band of ₹183 per share.
Some of the anchor investors include:
Rajasthan Global Securities Pvt. Ltd.
LRSD Securities Pvt. Ltd.
Bridge India Fund
Vikasa India EIF I Fund
Simca Advertising IPO Key Highlights
IPO Size: ₹58.04 crore
Price Band: ₹183 per share
Listing Exchange: NSE SME
IPO Opening Date: May 8, 2026
IPO Closing Date: May 12, 2026
Total Subscription: 41.88x
Investors will now closely watch the allotment status and listing performance of the IPO.
Comments
No comments yet
Be the first to share your thoughts!