Emiac Technologies IPO: Issue Subscribed 0.95x on Day 5
By HDFC SKY | Published at: Apr 6, 2026 05:12 PM IST
Emiac Technologies IPO edges closer to full subscription, reaches 0.95x on Day 5

Mumbai, April 6: Emiac Technologies IPO, a ₹31.75 crore book-built issue, has been steadily drawing bids since it opened on March 27, 2026. The issue, which closes on April 8, 2026, is priced in the ₹93 to ₹98 per share band.
It is a pure fresh issue of 32,40,000 shares. Listing is scheduled on the BSE SME platform, with April 13, 2026 indicated as the tentative debut date.
Emiac Technologies IPO Day 5 Subscription Status
As of 4:14 PM on April 6, 2026 (Day 5), the issue was subscribed 0.95 times.
The trajectory has been gradual rather than sharp. Demand built incrementally over the first few days, and by Day 5, the book is nearly filled. Institutional participation has finally crossed the one-time mark, while retail demand is almost at par. NII interest, though trailing slightly, has shown a late pick-up.
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) | 0.85 | 4,68,000 | 3,96,000 |
| bNII (> ₹10L) | 0.70 | 3,12,000 | 2,18,400 |
| sNII (< ₹10L) | 1.14 | 1,56,000 | 1,77,600 |
| Retail | 0.95 | 10,92,000 | 10,36,800 |
| Total | 0.95 | 21,84,000 | 20,71,200 |
Emiac Technologies Day’s Wise Subscription Summary
| Date | QIB (Ex Anchor) | NII | bNII | sNII | Retail | Total |
| March 27, 2026 (Day 1) | 0.00 | 0.31 | 0.37 | 0.18 | 0.09 | 0.11 |
| March 30, 2026 (Day 2) | 0.00 | 0.29 | 0.31 | 0.25 | 0.15 | 0.14 |
| April 1, 2026 (Day 3) | 0.00 | 0.45 | 0.47 | 0.40 | 0.29 | 0.24 |
| April 2, 2026 (Day 4) | 0.00 | 0.52 | 0.47 | 0.61 | 0.48 | 0.35 |
| April 6, 2026 (Day 5) | 1.02 | 0.85 | 0.70 | 1.14 | 0.95 | 0.95 |
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
Emiac Technologies IPO is a ₹31.75 crore offering comprising entirely a fresh issue of 32,40,000 shares. The price band is fixed between ₹93 and ₹98 per share.
Bids can be placed in lots of 1,200 shares. For retail investors, the minimum application is 2 lots, translating to ₹2,35,200 at the upper band. NII participation begins at 3 lots, which amounts to ₹3,52,800.
From the net offer of 30,72,000 shares, allocation remains tilted towards institutional investors with 49.22% reserved for QIBs. Retail investors account for 35.55%, while 15.23% is earmarked for NIIs.
Source:
- https://www.nseindia.com/market-data/all-upcoming-issues-ipo
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