Paluck Technologies IPO Subscription Day 2: Issue Booked 99.42x

Mumbai, August 31: The Paluck Technologies IPO continued to draw heavy investor interest on the second day of bidding, with subscription numbers rising sharply. By the end of August 31, 2026, the ₹33 crore issue had been subscribed 99.42 times overall.

The issue received bids for 15,65,85,000 shares against 15,75,000 shares offered to the public. Individual investors accounted for a significant portion of the demand, with their category subscribed 47.45 times.

The NII segment was subscribed 34.89 times, while the QIB portion, excluding anchor investors, was subscribed 10.62 times. The IPO had received 20,615 applications by the latest available update.

The Paluck Technologies IPO opened on August 28, 2026, and will close on September 1, 2026. The shares are proposed to list on the BSE SME platform, with September 4, 2026, set as the tentative listing date.

Paluck Technologies IPO Details

The Paluck Technologies IPO is a ₹33 crore bookbuilding issue comprising entirely of a fresh issue. The company is offering 68,76,000 shares through the IPO.

The price band has been fixed at ₹46 to ₹48 per share, while the lot size is 3,000 shares. At the upper end of the price band, a retail investor needs ₹2,88,000 to apply for two lots, or 6,000 shares.

The IPO opened on August 28, 2026, and will close on September 1, 2026. According to the tentative timetable, the allotment is expected on September 2, followed by refunds and share credit on September 3.

Paluck Technologies IPO Subscription Status

The Paluck Technologies IPO saw a major jump in demand on Day 2, taking the overall subscription to 99.42 times. Bids came in strongly from individual investors as well as NII and QIB participants.

The individual investor category was subscribed 47.45 times, with bids received for 10,84,62,000 shares against 22,86,000 shares available. This made retail participation one of the key drivers of the overall subscription.

The NII category received bids for 3,42,30,000 shares against 9,81,000 shares on offer, translating into a subscription of 34.89 times. Within NII, the bNII and sNII portions were subscribed 34.14 times and 36.43 times, respectively.

The QIB portion, excluding anchor investors, also crossed the 10-times mark. It received bids for 1,38,93,000 shares against 13,08,000 shares available, resulting in a subscription of 10.62 times.

Overall, the public issue received bids for 15,65,85,000 shares against 15,75,000 shares offered to investors, taking the total subscription to 99.42 times.

Shares offered and total amount are calculated based on the upper price of the issue price range.

Note: The anchor investor and market maker portions are not included in the total public subscription figures.

Day-wise Subscription Details

The Paluck Technologies IPO opened on August 28, 2026, and had already received a strong response on the first day, when the issue was subscribed 18.18 times.

Demand accelerated further on the second day. The overall subscription climbed to 99.42 times, while individual investor participation rose from 5.70 times on Day 1 to 47.45 times on Day 2.

NII subscription also increased sharply from 1.93 times to 34.89 times. The QIB category, excluding anchor investors, moved from 10.49 times on the first day to 10.62 times by the end of Day 2.

About Paluck Technologies

The provided IPO snapshot does not contain detailed information about Paluck Technologies’ business operations, products or services.

The available details identify Paluck Technologies as the company raising ₹33 crore through the IPO. Further company information is referred to in the Paluck Technologies IPO RHP mentioned in the provided details.

Conclusion

The Paluck Technologies IPO has seen a sharp rise in demand during the first two days of bidding. The issue was subscribed 99.42 times overall by August 31, 2026, with individual investors leading at 47.45 times, followed by NII at 34.89 times and QIB at 10.62 times.

The IPO will remain open until September 1, 2026. Investors can continue to place their bids during the final session, while the tentative allotment is scheduled for September 2. Refunds and share credit are expected on September 3, with the shares scheduled to list on the BSE SME platform on September 4, 2026.

Source:

• https://www.chittorgarh.com/ipo/paluck-technologies-ipo/2702/