Clay Craft India IPO Subscription Status Day 2: Issue Booked 3.54 Times as Demand Surges Across Categories

Mumbai, June 18: Clay Craft India IPO witnessed strong investor interest on the second day of bidding, with the issue subscribed 3.54 times as of 11:39 AM on Thursday. Demand remained healthy across all investor categories, with institutional investors leading the subscription momentum.

The ₹110.11 crore NSE SME issue opened for subscription on June 17, 2026, and will close on June 19, 2026. The public issue comprises a fresh issue of 54.24 lakh equity shares and is being offered in a price band of ₹193 to ₹203 per share.

Clay Craft India IPO Subscription Status Today

According to exchange data available as of 11:39 AM on Day 2, the Clay Craft IPO received bids for 1,27,89,600 shares against 36,07,800 shares available for subscription, taking the overall subscription to 3.54 times.

The strong response was supported by healthy participation from institutional investors, non-institutional investors and retail applicants, with all three categories comfortably crossing the one-time subscription mark.

The category-wise subscription stood at:

• QIB (Ex Anchor): 4.56x
• NII: 3.36x
• Retail Individual Investors: 3.04x
• Overall Subscription: 3.54x

The issue had received more than 5,200 applications at the time of the latest update.

Institutional Investors Lead Demand

Qualified Institutional Buyers emerged as the strongest segment on Day 2.

The QIB portion, excluding anchor investors, was subscribed 4.56 times, receiving bids for 46.98 lakh shares against 10.30 lakh shares reserved for the category.

Strong institutional participation is often viewed as a positive indicator during the subscription period, particularly in SME public offerings where QIB allocations are relatively limited.

Retail Investors Continue to Show Strong Interest

Retail participation remained robust throughout the subscription period.

The retail category was subscribed 3.04 times, attracting bids for 54.81 lakh shares against 18.03 lakh shares available for retail investors.

The continued inflow of retail applications helped the issue maintain strong momentum heading into the final day of bidding.

NII Category Sees Healthy Participation

The non-institutional investor segment was subscribed 3.36 times on Day 2.

Within the category, the bNII portion was booked 3.89 times, while the sNII category was subscribed 2.29 times. The segment received bids for 26.10 lakh shares against 7.77 lakh shares reserved for NIIs.

The healthy response from high-net-worth investors further strengthened the overall subscription figures.

Subscription Improves Sharply from Day 1

Investor interest accelerated on the second day of the offer.

On Day 1, the IPO was subscribed 2.42 times, with the retail category subscribed 1.62 times, NII portion 1.76 times and QIB segment 4.32 times.

By Day 2, overall subscription had climbed to 3.54 times, reflecting stronger participation across all investor categories.

Clay Craft India IPO Details

Clay Craft India is looking to raise ₹110.11 crore through a book-built SME public issue.

The issue comprises:

• Fresh Issue: 54,24,000 equity shares aggregating ₹110.11 crore
• Offer For Sale: Nil

The company has fixed a price band of ₹193 to ₹203 per share.

Key issue details include:

• Issue Size: ₹110.11 crore
• Price Band: ₹193 to ₹203 per share
• Lot Size: 600 shares
• Minimum Retail Application: 1,200 shares
• Minimum Investment: ₹2,43,600
• IPO Closing Date: June 19 2026
• Tentative Allotment Date: June 22 2026
• Tentative Listing Date: June 24 2026
• Listing Platform: NSE SME

Clay Craft India IPO Reservation Details

The net issue has been allocated across investor categories as follows:

• QIB Portion: 25.74 lakh shares (49.94% of net issue)
• NII Portion: 7.77 lakh shares (15.07% of net issue)
• Retail Portion: 18.03 lakh shares (34.99% of net issue)

Additionally, 2.72 lakh shares have been reserved for the market maker.

About Clay Craft India

Clay Craft India is engaged in the manufacturing and marketing of tableware and related products. The company operates in the organised ceramics and lifestyle products segment and caters to both domestic and international markets.

The company is tapping the capital markets through the SME route to support its growth plans and business expansion initiatives.

Conclusion

Clay Craft India IPO continued to witness strong demand on Day 2, with the issue subscribed 3.54 times and all investor categories comfortably oversubscribed. With only one day of bidding remaining, market participants will closely watch whether subscription levels build further before the issue closes on June 19 2026.

Source:

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