Emiac Technologies IPO Day 6: Issue Subscribed 1.48x
By HDFC SKY | Published at: Apr 7, 2026 05:05 PM IST
Emiac Technologies IPO draws gradual demand, subscribed 1.48x by Day 6 with NII and retail segments leading participation as of April 7, 2026.
Mumbai, April 7: Emiac Technologies’ IPO, a ₹31.75 crore bookbuilding issue, is nearing closure with a measured build-up in demand across categories. The issue, which opened on March 27, 2026, will close on Wednesday. It is priced in the range of ₹93 to ₹98 per share, with investors required to bid for a minimum of 1,200 shares per lot.
Emiac Technologies IPO Day 6 Subscription Status
As of April 7, 2026, 3:59 PM (Day 6), the IPO has been subscribed 1.48 times. The overall figure reflects a steady climb rather than a sharp spike, with incremental bids continuing to come in through the day.
Institutional participation has just moved past the full subscription mark. Meanwhile, non-institutional investors remain the most active segment.
Category-wise Emiac Technologies IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares Bid For |
| QIB (Ex Anchor) | 1.02 | 6,24,000 | 6,38,400 |
| NII (HNI) | 1.98 | 4,68,000 | 9,28,800 |
| bNII (> ₹10L) | 2.17 | 3,12,000 | 6,78,000 |
| sNII (< ₹10L) | 1.61 | 1,56,000 | 2,50,800 |
| Retail | 1.53 | 10,92,000 | 16,70,400 |
| Total | 1.48 | 21,84,000 | 32,37,600 |
The NII segment continues to lead with 1.98 times subscription, supported by stronger bidding in the higher ticket bNII portion at 2.17 times. Retail participation, at 1.53 times, has also held firm, while QIB interest stands at 1.02 times.
Emiac Technologies Day’s Wise Subscription Summary
Early demand remained subdued, with momentum building gradually as the issue progressed.
| Date | QIB (x) | NII (x) | Retail (x) | Total (x) |
| Mar 27 (D1) | 0.00 | 0.31 | 0.09 | 0.11 |
| Mar 30 (D2) | 0.00 | 0.29 | 0.15 | 0.14 |
| Apr 1 (D3) | 0.00 | 0.45 | 0.29 | 0.24 |
| Apr 2 (D4) | 0.00 | 0.52 | 0.48 | 0.35 |
| Apr 6 (D5) | 1.02 | 0.85 | 0.97 | 0.96 |
| Apr 7 (D6) | 1.02 | 1.98 | 1.53 | 1.48 |
A noticeable shift emerged from Day 5 onwards, when institutional bids entered and overall subscription crossed the 1x mark.
Emiac Technologies IPO Timeline
| Event | Date |
| Issue Open Date | March 27, 2026 |
| Issue Close Date | April 8, 2026 |
| Basis of Allotment | April 9, 2026 |
| Initiation of Refunds | April 10, 2026 |
| Credit of Shares | April 10, 2026 |
| Listing Date | April 13, 2026 |
Brief Overview Of The IPO
The IPO comprises a fresh issue of 32.40 lakh shares aggregating to ₹31.75 crore. At the upper price band, the minimum investment for retail investors stands at ₹2,35,200 for two lots.
The allocation mix remains standard for an SME offering, with 49.22 percent reserved for qualified institutional buyers, 15.23 percent for non-institutional investors, and 35.55 percent for retail investors.
Emiac Technologies operates within the technology solutions space and is set to list on the BSE SME platform. With one day left for subscription, the trajectory so far reflects a gradual yet broad-based participation pattern.
Source:
https://www.nseindia.com/market-data/all-upcoming-issues-ipo
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