Oneindig Technologies IPO Subscription Status Day 3: Issue Crosses Full Subscription As Retail Investors Lift Demand
Authored By HDFC SKY | Published at: Aug 3, 2026 12:09 PM IST
Oneindig Technologies IPO crossed full subscription on the final day of bidding, with retail investors driving the issue past the 1x mark while QIB demand also remained above full subscription.

Mumbai, August 03: TheOneindig Technologies IPO moved into fully subscribed territory on the final day of bidding as steady buying from retail investors helped the SME public issue cross the 1x mark. While institutional participation remained measured, retail demand ensured the overall subscription stayed above full coverage ahead of the close of the issue later today.
According to exchange data available till 11:29 AM, the ₹27.65 crore IPO was subscribed 1.01 times, receiving bids for 19.38 lakh shares against 19.20 lakh shares on offer. The issue had attracted 488 applications at the time of the latest update.
With bidding set to conclude this evening, investors will now look for the final subscription figures before the allotment process begins this week.
Oneindig Technologies IPO Subscription Status Day 3
As of 11:29 AM on August 03, the subscription stood at:
| Category | Subscription |
| QIB (Ex Anchor) | 1.04x |
| NII | 0.71x |
| • bNII | 0.63x |
| • sNII | 0.87x |
| Retail | 1.12x |
| Overall | 1.01x |
The retail portion emerged as the strongest segment, crossing full subscription at 1.12 times, while the QIB category also remained above the one-times mark. Demand from non-institutional investors, however, continued to trail with subscription below full coverage.
Subscription Trend
The IPO gathered momentum gradually over the three-day bidding window, moving from partial subscription on the opening day to crossing the fully subscribed mark on the final day.
| Day | Overall Subscription |
| Day 1 | 0.42x |
| Day 2 | 0.79x |
| Day 3 (11:29 AM) | 1.01x |
Oneindig Technologies IPO Details
Oneindig Technologies is raising ₹27.65 crore through a fresh issue of 27.36 lakh equity shares. The company has also reserved 1.44 lakh shares for the market maker, taking the total issue size to 28.80 lakh shares.
The IPO is priced in a band of ₹91 to ₹96 per share. Investors can apply in lots of 1,200 shares, requiring a minimum investment of ₹2,30,400 for retail applicants.
Ahead of the public issue, the company mobilised ₹7.83 crore from anchor investors.
Reservation Break-Up
The net issue has been allocated as follows:
- Qualified Institutional Buyers (QIBs): 49.78%
- Non-Institutional Investors (NIIs): 15.13%
- Retail Individual Investors (RIIs): 35.09%
Key IPO Dates
- IPO Opens: July 30, 2026
- IPO Closes:August 03, 2026 (Today)
- Expected Allotment: August 4, 2026
- Refunds/Unblocking: August 5, 2026
- Shares Credited To Demat Accounts: August 5, 2026
- Tentative Listing: August 6, 2026 on the BSE SME platform
About Oneindig Technologies Ltd.
Incorporated in 2016, Oneindig Technologies provides engineering, procurement and commissioning (EPC) services for solar power projects. Its operations span residential, commercial and industrial rooftop installations, ground-mounted solar projects, operation and maintenance services, and independent power producer activities.
The company has executed projects across multiple states and also supplies a range of solar products, including PV modules, inverters, batteries, energy storage systems, mounting structures and solar pumping solutions.
Conclusion
The Oneindig Technologies IPO has edged past full subscription on the final day of bidding, supported primarily by retail investors and steady institutional participation. Although NII demand remains below the fully subscribed level, the issue has already crossed the overall 1x mark. The market will now await the final subscription figures after bidding closes later today, followed by the allotment process scheduled this week.
Source:
- https://www.chittorgarh.net/reports/anchor-investor/oneindig-technologies-ipo-anchor-allocation-letter.pdf
Disclaimer
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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