Shree TNB Polymers IPO Subscription Status Day 2: Issue Subscribed 0.42 Times

Authored By HDFC SKY | Last Modified: Sep 29, 2026 06:13 PM IST

Shree TNB Polymers IPO Day 2 subscription status stood at 0.42x, with QIB at 0.75x, NII at 0.73x and individual investors at 0.10x as of September 29, 2026.

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Mumbai, September 29: Shree TNB Polymers IPO remained open for subscription on its second day on September 29, 2026. The bookbuilding issue opened on September 28 and will close on October 5. The IPO comprises an entirely fresh issue of 60.00 lakh shares aggregating up to ₹31.80 crore. The price band is fixed at ₹50 to ₹53 per share. The lot size is 2,000 shares, with individual investors required to apply for a minimum of two lots, or 4,000 shares. At the upper price band, the minimum investment is ₹2,12,000.

Shree TNB Polymers IPO Day 2 Subscription Status

As of 5:07:02 PM on September 29, 2026, the cumulative subscription stood at 0.42 times. The QIB portion excluding anchor allocation was subscribed 0.75 times, while NII demand stood at 0.73 times. Individual investors subscribed 0.10 times.

Subscription Category	Shares Offered	Shares Bid For	Subscription
QIB (Ex Anchor)	11,40,000	8,52,000	0.75x
NII	8,58,000	6,24,000	0.73x
bNII (>₹10L)	5,76,000	5,60,000	0.97x
sNII (<₹10L)	2,82,000	64,000	0.23x
Individual Investors	19,96,000	2,00,000	0.10x
Total	39,94,000	16,76,000	0.42x

The cumulative subscription data was updated at 5:07:02 PM on September 29, 2026, marking Day 2 of the issue.

Shree TNB Polymers Day-wise Subscription Summary

The cumulative subscription increased from 0.29 times on Day 1 to 0.42 times on Day 2.

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
September 29, 2026 (Day 2)	0.75x	0.73x	0.97x	0.23x	0.10x	0.42x

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 Shree TNB Polymers IPO

Shree TNB Polymers IPO is a ₹31.80 crore bookbuilding issue comprising an entirely fresh issue of 60.00 lakh shares. The IPO opened for subscription on September 28, 2026, and will close on October 5, 2026. The price band has been fixed at ₹50 to ₹53 per share, with a lot size of 2,000 shares. Individual investors need to apply for a minimum of two lots, or 4,000 shares, amounting to ₹2,12,000 at the upper price band. The minimum HNI application is three lots, or 6,000 shares, requiring ₹3,18,000 at the upper price band. The IPO is scheduled to list on the BSE SME platform, with the tentative listing date set for October 8, 2026. Corporate Makers Capital Ltd. is the book running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar to the issue.

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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