Aegeus Technologies IPO Day 2: Retail Investors Fully Subscribe Their Quota As Overall Issue Booked 0.62x

Mumbai, August 05: Retail investors continued to back the Aegeus Technologies IPO on the second day of bidding, taking their reserved portion past the fully subscribed mark. Even so, the overall response remained muted, with institutional investors yet to enter the issue in a meaningful way.

Exchange data available at 11:09 AM showed the ₹23.71 crore BSE SME IPO subscribed 0.62 times. Investors had bid for 8.44 lakh shares against the 13.61 lakh shares available for subscription, excluding the market maker portion.

With one more day of bidding left, the focus now shifts to whether demand from qualified institutional buyers (QIBs) and high-net-worth investors gathers pace before subscriptions close on August 6.

Retail Continues To Lead Demand

Retail investors remained the strongest pillar of the IPO on Day 2, subscribing their quota 1.07 times. Demand also improved in the non-institutional investor (NII) category, although it was still short of full subscription at 0.42 times.

The QIB portion, meanwhile, had not received any bids at the time of the latest update. That is not uncommon in IPOs, particularly SME issues, as institutional investors often place their bids closer to the final day.

Subscription Improves From Opening Day

The IPO has attracted more interest than it did on the opening day, although the pace remains measured.

Historically, a large share of IPO applications arrives during the final trading session, making the last day particularly important for overall subscription figures.

Aegeus Technologies IPO Details

Aegeus Technologies is raising ₹23.71 crore entirely through a fresh issue of 22.58 lakh equity shares. There is no offer for sale in the public issue.

The IPO is priced between ₹100 and ₹105 per share, with investors required to apply for a minimum of 1,200 shares. At the upper price band, a retail application requires an investment of ₹1.26 lakh.

Before opening the issue to the public, the company secured ₹6.01 crore from anchor investors.

Reservation Structure

The net issue has been reserved as follows:

• QIB: 49.91%
• NII: 15.08%
• Retail: 35.01%

Key Dates

• IPO closes: August 6, 2026
• Expected allotment: August 7, 2026
• Refunds: August 10, 2026
• Shares credited: August 10, 2026
• Tentative listing: August 11, 2026 on the BSE SME platform

About Aegeus Technologies

Founded in 2017, Aegeus Technologies develops robotic automation and intelligent software solutions for industrial clients. Its services span automation systems, software development, system integration, annual maintenance contracts and robotic solar panel cleaning solutions.

Conclusion

Retail participation has given the Aegeus Technologies IPO an early boost, but the issue still needs stronger support from institutional and non-institutional investors to comfortably cross the fully subscribed mark. With the final day of bidding approaching, all eyes will be on whether late institutional demand changes the trajectory of the issue.

Source:

• https://www.chittorgarh.com/ipo_subscription/aegeus-technologies-ipo/2837/