ABH Healthcare IPO Subscription at 0.94x on Day 3; QIB Subscription at 8.37x

Mumbai, August 26: The ABH Healthcare IPO is heading into its final day of bidding with the issue yet to be fully subscribed overall. The ₹34.98 crore public issue was 0.94 times subscribed by the end of Day 3 on August 26, 2026.

The IPO has attracted stronger interest from qualified institutional buyers, with the QIB portion subscribed 8.37 times. Individual investors, meanwhile, subscribed 0.94 times, while the NII category was at 0.67 times.

The issue opened on August 24, 2026, and will close for subscription on August 27.

QIB Demand Stands Out on Day 3

The biggest interest in the ABH Healthcare IPO has come from the institutional side.

The QIB (Ex Anchor) portion was subscribed 8.37 times, with investors bidding for 16,66,800 shares against 1,99,200 shares available.

The individual investor category was subscribed 0.94 times, with bids received for 14,37,600 shares against 15,28,800 shares offered.

The NII category stood at 0.67 times. Within this segment, the bNII portion was subscribed only 0.03 times, while the sNII portion received 0.16 times subscription.

Overall, investors had bid for 32,18,400 shares against 34,29,600 shares offered to the public, with 624 applications recorded in the latest data.

ABH Healthcare IPO Subscription Status

The subscription figures are based on the latest data available for August 26, 2026.

Day-wise Subscription Details

The IPO has seen a gradual improvement in overall demand since opening, although the issue is still below full subscription after three days.

The overall subscription moved from 0.36x on Day 1 to 0.79x on Day 2, before reaching 0.94x on Day 3.

QIB demand was already strong on the opening day and climbed to 8.37x by Day 2. Individual investor participation has also picked up steadily, moving from 0.33x on Day 1 to 0.94x on Day 3.

ABH Healthcare IPO Details

The ABH Healthcare IPO is a ₹34.98 crore book-built issue comprising a fresh issue of shares.

The issue includes:

• Total Issue Size: 34,29,600 shares aggregating up to ₹34.98 crore
• Fresh Issue: 32,56,800 shares aggregating up to ₹33 crore, excluding the market maker portion
• Market Maker Reservation: 1,72,800 shares aggregating up to around ₹2 crore
• Price Band: ₹96 to ₹102 per share
• Lot Size: 1,200 shares
• Minimum Retail Investment: ₹1,22,400 at the upper price band

The shares are proposed to be listed on the NSE SME platform.

The company has appointed Fedex Securities Pvt. Ltd. as the book-running lead manager, while Bigshare Services Pvt. Ltd. is the registrar. Rikhav Securities Ltd. is acting as the market maker.

ABH Healthcare IPO Key Details

ABH Healthcare IPO Investor Reservation

The issue has allocated 10.49% of the net offer to QIBs, while 8.99% is reserved for NIIs and 80.52% for individual investors.

A separate 4.80% portion of the total issue has been reserved for the market maker.

The relatively large allocation to individual investors means retail participation will remain an important factor in determining the final subscription level on the last day.

What Happens After the ABH Healthcare IPO Closes?

The ABH Healthcare IPO will close on August 27, 2026. Once bidding ends, investors will move their attention to allotment and the subsequent listing.

The tentative IPO schedule is:

Investors who receive an allotment are expected to have the shares credited to their demat accounts on August 31, while refunds for unsuccessful applications are also scheduled around the same date.

The company is tentatively scheduled to list its shares on the NSE SME platform on September 1, 2026.

About ABH Healthcare Ltd.

ABH Healthcare Ltd., incorporated in 2021, operates Anil Baghi Hospital, a healthcare facility offering a range of medical and surgical services.

The hospital has 150 beds and provides treatment across around 25 medical specialities, including cardiac sciences, neurology, minimally invasive spine and brain surgeries, medical and surgical gastroenterology, laparoscopic and bariatric surgery, urology, pulmonology, nephrology, ENT, maxillofacial surgeries and other healthcare services.

The company has also been empanelled with 30 private and public health insurance providers and third-party administrators. Its hospital participates in government healthcare schemes, including the Ex-Servicemen Contributory Health Scheme, Railway-related healthcare programmes, Food Corporation of India schemes, Bharat Sanchar Nigam Limited and Ayushman Bharat – Sarbat Sehat Bima Yojana.

Conclusion

The ABH Healthcare IPO remains just short of full subscription after three days, with the ₹34.98 crore issue subscribed 0.94x as of August 26.

QIBs have been the clear standout, with their portion subscribed 8.37 times. Individual investors have also steadily increased their participation to 0.94x, while NII subscription remains lower at 0.67x.

With the IPO closing on August 27, the final day will be crucial. The focus will be on whether individual and NII demand picks up enough to push the overall issue beyond full subscription before bidding ends.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=ABH&series=SME&type=Active