Pind Hospitality IPO Subscription Day 3: Issue Closes at 2.71x

Mumbai, September 30: Pind Hospitality IPO closed for subscription on Wednesday, September 30, 2026, after receiving bids for 46,38,000 shares against 17,08,800 shares offered to the public. The issue was subscribed 2.71 times overall.

The individual investors category was subscribed 4.31 times, while the NII category was subscribed 1.15 times. The QIB (Ex Anchor) portion was fully subscribed at 1.00 times.

The IPO opened on September 28, 2026, and is now closed for subscription.

Pind Hospitality IPO Subscription Status

The individual investors category received bids for 36,42,300 shares against 8,44,800 shares offered, resulting in a subscription of 4.31 times.

The NII category received bids for 9,76,800 shares against 8,46,000 shares available, taking the subscription to 1.15 times.

Within the NII segment, the bNII portion was subscribed 1.30 times, while the sNII portion was subscribed 0.86 times.

The QIB (Ex Anchor) category received bids for 18,000 shares against 18,000 shares offered, resulting in a subscription of 1.00 times.

The market maker portion of 91,200 shares was also fully subscribed.

Overall, Pind Hospitality IPO received bids for 46,38,000 shares against 17,08,800 shares offered to the public, resulting in an overall subscription of 2.71 times.

The total amount of bids stood at ₹45.916 crore, calculated at the upper end of the price band.

The issue received 1,624 applications as of the final subscription update.

Day-wise Pind Hospitality IPO Subscription

Date	QIB (Ex Anchor)	NII	NII (> ₹10L)	NII (< ₹10L)	Individual Investors	Total
Sep 28 (Day 1)	1.00x	0.00x	0.00x	0.00x	0.02x	0.02x
Sep 29 (Day 2)	1.00x	0.51x	0.76x	0.00x	0.03x	0.27x
Sep 30 (Day 3)	1.00x	1.15x	1.30x	0.86x	4.31x	2.71x

Pind Hospitality IPO Details

Pind Hospitality IPO is a ₹17.82 crore book-built issue comprising an entirely fresh issue of 18.00 lakh shares.

The IPO has a price band of ₹93 to ₹99 per share. The lot size is 1,200 shares, making the minimum investment for an individual investor ₹2,37,600 at the upper end of the price band.

For HNI investors, the minimum application size is 3 lots, or 3,600 shares, amounting to ₹3,56,400 at the upper price.

The IPO opened on September 28, 2026, and closed for subscription on September 30, 2026.

The shares are proposed to be listed on the BSE SME platform, with a tentative listing date of October 6, 2026.

Fedex Securities Pvt. Ltd. is the book-running lead manager, while Bigshare Services Pvt. Ltd. is the registrar to the issue. Bhansali Value Creations Pvt. Ltd. is the market maker.

Pind Hospitality IPO Issue Size

Particulars	Details
Total Issue Size	18,00,000 shares
Fresh Issue	18,00,000 shares
Issue Amount	₹17.82 crore
Market Maker Reservation	91,200 shares
Net Offered to Public	17,08,800 shares
Face Value	₹10 per share
Price Band	₹93 to ₹99
Lot Size	1,200 shares
Issue Type	Bookbuilding IPO
Sale Type	Fresh capital only
Listing Platform	BSE SME

Pind Hospitality IPO Reservation

Out of the total issue size of 18,00,000 shares, 18,000 shares were allocated to QIBs, representing 1.05% of the net issue. The NII category was allocated 8,46,000 shares, or 49.51% of the net issue, while 8,44,800 shares, or 49.44%, were allocated to individual investors.

A further 91,200 shares, representing 5.07% of the total issue, were reserved for the market maker.

Investor Category	Shares	% of Net Issue	% of Total Issue
QIB	18,000	1.05%	1.00%
NII	8,46,000	49.51%	47.00%
bNII (> ₹10L)	5,64,000	31.33%
sNII (< ₹10L)	2,82,000	15.67%
Retail	8,44,800	49.44%	46.93%
Market Maker	91,200		5.07%
Total	18,00,000	100.00%	100.00%

Pind Hospitality IPO Lot Size

Investors could bid for a minimum of 2,400 shares and in multiples of 1,200 shares.

Application	Lots	Shares	Amount
Individual Investors (Min)	2	2,400	₹2,37,600
Individual Investors (Max)	2	2,400	₹2,37,600
S-HNI (Min)	3	3,600	₹3,56,400
S-HNI (Max)	8	9,600	₹9,50,400
B-HNI (Min)	9	10,800	₹10,69,200

Pind Hospitality IPO Allotment and Listing

The Pind Hospitality IPO is now closed for subscription. The tentative allotment is scheduled for October 1, 2026.

Refunds are expected to begin on October 5, while shares are scheduled to be credited to successful applicants on the same day.

The Pind Hospitality IPO is tentatively scheduled to list on the BSE SME platform on October 6, 2026.

Pind Hospitality IPO Timeline

Event	Date
IPO Open	September 28, 2026
IPO Close	September 30, 2026
Allotment	October 1, 2026
Refund	October 5, 2026
Credit of Shares	October 5, 2026
Listing	October 6, 2026

About Pind Hospitality Ltd.

Incorporated on June 15, 2021, Pind Hospitality Limited is engaged in the hospitality sector, specifically hotels and restaurants. The company has completed over 5 lakh deliveries and is recognised as one of the long-standing restaurant partners in Pune by third-party food delivery apps.

Conclusion

Pind Hospitality IPO closed for subscription on September 30, 2026, after being subscribed 2.71 times overall. The individual investors category recorded a subscription of 4.31 times, while NII and QIB (Ex Anchor) were subscribed 1.15 times and 1.00 times, respectively.

The tentative allotment is scheduled for October 1, 2026, followed by refunds and credit of shares on October 5. The IPO is tentatively scheduled to list on the BSE SME platform on October 6, 2026.

Source:

• https://www.bseindia.com/markets/publicissues/displayipo?id=4861&type=IPO&idtype=1&status=L&IPONo=8012&startdt=28%2F09%2F2026