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Shree TNB Polymers IPO Subscription Status Day 1: Issue Subscribed 0.29 Times

Authored By HDFC SKY | Last Modified: Sep 28, 2026 06:46 PM IST

Shree TNB Polymers IPO was subscribed 0.29x on Day 1, with QIB at 0.41x, NII at 0.66x and retail at 0.05x as of 5:06 PM on September 28 2026.

Shree TNB Polymers IPO Subscription Status Day 1

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Mumbai, September 28: Shree TNB Polymers IPO, a bookbuilding issue of ₹31.80 crore, opened for subscription on September 28 2026 and will close on October 5 2026. The issue comprises an entirely fresh issue of 60 lakh shares, with the price band fixed at ₹50 to ₹53 per share. On the first day of bidding, the Shree TNB Polymers IPO was subscribed 0.29 times as of 5:06 PM on September 28 2026, according to the subscription data.

Shree TNB Polymers IPO Day 1 Subscription Status

The IPO received bids for 11,42,000 shares against 39,94,000 shares offered to the public, taking the overall subscription to 0.29 times as of 5:06 PM on September 28 2026.

Category Subscription (x) Shares Offered Shares Bid For
QIB (Ex Anchor) 0.41x 11,40,000 4,72,000
NII 0.66x 8,58,000 5,70,000
bNII (>₹10L) 0.94x 5,76,000 5,40,000
sNII (<₹10L) 0.11x 2,82,000 30,000
Individual Investors 0.05x 19,96,000 1,00,000
Total 0.29x 39,94,000 11,42,000

The anchor portion of 17,06,000 shares was subscribed 1.00 times.

Shree TNB Polymers Day-Wise Subscription Summary

As Day 1 is the first day of bidding, the subscription data for September 28 2026 represents the opening-day position.

Date QIB (Ex Anchor) NII bNII (>₹10L) sNII (<₹10L) Individual Investors Total
September 28 2026 (Day 1) 0.41x 0.66x 0.94x 0.11x 0.05x 0.29x

Shree TNB Polymers IPO Timeline

IPO Milestone Date
Issue Open Date September 28 2026
Issue Close Date October 5 2026
Basis of Allotment Date October 6 2026
Initiation of Refunds October 7 2026
Credit of Shares October 7 2026
Listing Date October 8 2026

Brief Overview Of The IPO

Shree TNB Polymers IPO is a bookbuilding issue of ₹31.80 crore, comprising a fresh issue of 60,00,000 shares. The price band is fixed at ₹50 to ₹53 per share. The IPO lot size is 2,000 shares. Retail investors can apply for a minimum of 4,000 shares, requiring an investment of ₹2,12,000 at the upper price band. The minimum application for S-HNI investors is three lots, or 6,000 shares, amounting to ₹3,18,000. The IPO closes on October 5 2026. The basis of allotment is expected on October 6, followed by refunds and credit of shares on October 7. The shares are scheduled to list on the BSE SME platform on October 8 2026.

Source:

  • https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4854&type=IPO&idtype=1&status=L&IPONo=8004&startdt=28%2F09%2F2026
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