Paluck Technologies IPO Subscription Day 1: Issue Subscribed 0.95 Times

Mumbai, August 28: The Paluck Technologies IPO opened for subscription on August 28, 2026, but the initial response has been fairly measured.

As of 10:34 AM on the opening day, the ₹33 crore issue was subscribed 0.95 times, with investors bidding for 14.91 lakh shares against 15.75 lakh shares on offer.

The Paluck Technologies IPO will remain open until September 1, giving investors more time to place their bids. So, the current subscription figures are still an early snapshot and can change through the remaining days.

Paluck Technologies has fixed the price band at ₹46 to ₹48 per share. The issue is entirely a fresh issue of 68.76 lakh shares.

Paluck Technologies IPO Subscription Status

Retail investors have led the bidding activity so far. The retail portion was subscribed 0.58 times, with bids received for 13.32 lakh shares against 22.86 lakh shares reserved for the category.

The NII portion stood at 0.16 times. Within this category, the bNII segment was subscribed 0.03 times, while the sNII portion reached 0.43 times.

The QIB (Ex Anchor) category was still at 0.00 times in the latest update.

The issue had received 270 applications as of 10:34 AM.

Day-wise Subscription Details

With only Day 1 underway, there is currently one completed entry in the subscription trend.

The numbers are based on the 10:34 AM update and are subject to change as more bids come in during the session.

Paluck Technologies IPO Details

Paluck Technologies is raising ₹33 crore through a fresh issue of 68.76 lakh shares.

The price band is ₹46 to ₹48 per share, while the IPO lot size is 3,000 shares. At the upper end of the price band, the minimum retail application works out to ₹2.88 lakh for two lots.

The IPO opened on August 28 and will close on September 1, 2026. The company is proposed to list on the BSE SME platform, with September 4 as the tentative listing date.

Paluck Technologies IPO Issue Reservation

The IPO has reserved 49.98% of the net issue for QIBs, 15.02% for NIIs and 35% for retail investors.

The QIB allocation stands at 32.64 lakh shares, including 19.56 lakh shares allotted to anchor investors. The non-anchor QIB portion is 13.08 lakh shares.

NIIs have been allocated 9.81 lakh shares, split between 6.57 lakh shares for bNII investors and 3.24 lakh shares for sNII investors. Retail investors have 22.86 lakh shares reserved for them.

A separate 3.45 lakh shares have been set aside for the market maker.

Paluck Technologies IPO Lot Size

The minimum bid is 3,000 shares, with applications allowed in multiples of 3,000.

For a retail investor, the minimum application requires two lots, or 6,000 shares. At ₹48 per share, that means ₹2.88 lakh.

Paluck Technologies IPO Anchor Investors

Paluck Technologies raised ₹9.39 crore from anchor investors ahead of the public issue.

The anchor bidding took place on August 27, 2026, with 19.56 lakh shares allotted to anchor investors.

According to the IPO schedule, the 30-day lock-in for 50% of the anchor shares ends on October 2, while the remaining shares are subject to a 90-day lock-in ending on December 1.

About Paluck Technologies Ltd.

Paluck Technologies Ltd. was incorporated in April 2010 and provides engineering services and infrastructure support across several business areas.

Its operations cover Automobile & Engineering Services, Construction Equipment Rental, Logistics & Fleet Management and Telecom Engineering Services. The company began as a proprietorship business offering diesel generator services and later expanded into other engineering and infrastructure activities.

Paluck Technologies IPO Important Dates

• IPO Open: August 28, 2026
• IPO Close: September 1, 2026
• Allotment: September 2, 2026
• Refund: September 3, 2026
• Credit of Shares: September 3, 2026
• Listing: September 4, 2026

The IPO is still open, so investors can continue to bid until September 1. The allotment is expected on September 2, followed by refunds and share credit on September 3.

Conclusion

Paluck Technologies IPO has started on a fairly cautious note, with the issue subscribed 0.95 times in the Day 1 morning update. Retail investors are currently driving the activity at 0.58 times, while NII subscription stands at 0.16 times and the non-anchor QIB portion has yet to receive bids.

There is still plenty of time left before the IPO closes on September 1. The subscription numbers can therefore move significantly over the next few sessions, making the closing-day data more useful for judging the final demand.

Source:

• https://www.bseindia.com/markets/publicissues/displayipo?id=4773&type=IPO&idtype=1&status=L&IPONo=7919&startdt=28%2F08%2F2026