Anubhav Plast IPO Day 2: Retail And HNI Demand Keeps Issue Fully Subscribed, sNII Segment Leads The Charge

Mumbai, June 22: The Anubhav Plast IPO continued to attract steady investor interest on the second day of bidding, with the SME public issue crossing full subscription and reaching 1.32 times overall by Monday morning.

The ₹24 crore IPO, which opened for subscription on June 19, has seen participation across all investor categories, with retail investors, non-institutional investors (NIIs) and qualified institutional buyers (QIBs) all subscribing their respective portions. The latest subscription figures suggest that investors are showing confidence in the issue as it heads into the final phase of bidding.

Anubhav Plast IPO Subscription Status Today

According to exchange data available as of 10:39 AM on June 22, 2026, the IPO received bids for 26.41 lakh shares against 20.01 lakh shares on offer, resulting in an overall subscription of 1.32 times.

The category-wise subscription stood at:

• QIB (Ex Anchor): 1.01x
• NII: 1.57x
• bNII: 1.42x
• sNII: 1.88x
• Retail Investors: 1.39x
• Overall Subscription: 1.32x

The issue had attracted nearly 500 applications at the time of the latest update.

Retail Investors Continue to Support the Issue

Retail participation remained healthy on Day 2, helping the IPO stay comfortably above the fully subscribed mark.

The retail portion was subscribed 1.39 times, indicating that individual investors continue to show interest in the issue despite broader volatility in the SME market.

Retail demand has improved from the opening day, reflecting growing participation as the IPO progresses toward its closing date.

HNI Investors Show Strong Interest

The strongest demand came from the non-institutional investor category.

The NII segment was subscribed 1.57 times, making it the most oversubscribed category in the issue. Within this segment, the small HNI portion emerged as the standout performer with subscription of 1.88 times, while the big HNI category was subscribed 1.42 times.

Such participation from HNI investors is often viewed positively because it indicates confidence from investors willing to commit larger amounts of capital.

QIB Portion Remains Fully Booked

Institutional participation also remained stable.

The QIB segment was subscribed 1.01 times, meaning the category continued to remain fully booked. While institutional demand has not surged significantly beyond the reserved quota, maintaining full subscription provides additional support to the overall issue.

The presence of bids across all major investor categories has helped Anubhav Plast maintain balanced demand rather than relying on a single segment.

Subscription Improves from Opening Day

The IPO has witnessed a gradual improvement in demand since bidding opened.

On Day 1, the issue was subscribed 1.21 times overall. By the morning of Day 2, overall subscription had climbed to 1.32 times.

Retail subscription improved from 1.20 times to 1.39 times, while the sNII category rose from 1.23 times to 1.88 times, highlighting increased investor participation over the weekend.

Anubhav Plast IPO Details

Anubhav Plast is looking to raise ₹24 crore through a fresh issue of 30 lakh equity shares.

Key issue details include:

• Issue Size: ₹24 crore
• Fresh Issue: 30 lakh equity shares
• Price Band: ₹77 to ₹80 per share
• Lot Size: 1,600 shares
• Minimum Retail Investment: ₹2.56 lakh
• IPO Closing Date: June 23, 2026
• Tentative Allotment Date: June 24, 2026
• Refund Initiation: June 25, 2026
• Tentative Listing Date: June 29, 2026
• Listing Platform: BSE SME

What Investors Will Watch Next

With the IPO already fully subscribed and one day of bidding still remaining, investors will now watch whether subscription levels accelerate further before the issue closes on June 23.

The focus is likely to remain on HNI participation, particularly the sNII category, which has emerged as the strongest contributor to demand so far. A sharp rise in bids during the final session could push overall subscription significantly higher.

Conclusion

Anubhav Plast IPO has maintained positive momentum on Day 2, with the issue subscribed 1.32 times overall. Demand has been broad-based, with retail investors, HNIs and institutional investors all fully subscribing their respective portions. With the subscription window closing on June 23, the final day of bidding will determine how strongly the issue finishes before moving toward allotment and listing.

Source:

• https://www.chittorgarh.net/reports/anchor-investor/anubhavplast_anchorallocationreport.pdf