Simca Advertising IPO Day 2 Subscription Status at 1.99x
By HDFC SKY | Updated at: May 11, 2026 02:43 PM IST
Simca Advertising IPO subscribed 1.99 times on Day 2, with strong demand from QIB investors as of May 11, 2026.
Mumbai, May 11: Simca Advertising IPO, a ₹58.04 crore NSE SME issue, was subscribed 1.99 times so far on Day 2 of bidding, according to exchange data available.
The book-built issue opened for subscription on May 8, 2026, and will close on May 12, 2026. The IPO is priced in the range of ₹174 to ₹183 per share, with a lot size of 600 shares.
The public issue comprises a fresh issue of 30.12 lakh equity shares aggregating to ₹55 crore, excluding the market maker portion of 1.59 lakh shares worth around ₹3 crore.
Simca Advertising IPO Day 2 Subscription Status
Simca Advertising IPO received bids for 51,28,200 shares against 25,73,400 shares on offer, translating into an overall subscription of 1.99 times as of 12:20 PM on May 11, 2026.
Category-wise Simca Advertising IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares Bid For |
| QIB (Ex Anchor) | 6.50 | 4,87,800 | 31,70,400 |
| NII/HNI | 0.71 | 10,29,600 | 7,30,200 |
| bNII (> ₹10L) | 0.76 | 6,86,400 | 5,19,600 |
| sNII (< ₹10L) | 0.61 | 3,43,200 | 2,10,600 |
| Retail Individual Investors | 1.16 | 10,56,000 | 12,27,600 |
| Total | 1.99 | 25,73,400 | 51,28,200 |
Simca Advertising Day-wise Subscription Summary
| Date | QIB (Ex Anchor) | NII/HNI | bNII (> ₹10L) | sNII (< ₹10L) | Retail Investors | Total |
| May 8, 2026 (Day 1) | 1.84x | 0.52x | 0.69x | 0.17x | 0.24x | 0.65x |
| May 11, 2026 (Day 2) | 6.50x | 0.71x | 0.76x | 0.61x | 1.16x | 1.99x |
Simca Advertising IPO Timeline
| Event | Date |
| IPO Open Date | May 8, 2026 |
| IPO Close Date | May 12, 2026 |
| Basis of Allotment | May 13, 2026 |
| Initiation of Refunds | May 14, 2026 |
| Credit of Shares | May 14, 2026 |
| Listing Date | May 15, 2026 |
Brief Overview Of The IPO
| Particulars | Details |
| Issue Size | ₹58.04 crore |
| Fresh Issue | 31,71,600 shares |
| Price Band | ₹174 to ₹183 per share |
| Lot Size | 600 shares |
| IPO Dates | May 8 to May 12, 2026 |
| Listing Exchange | NSE SME |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Book Running Lead Manager | Socradamus Capital Pvt. Ltd. |
Simca Advertising Ltd. provides out-of-home advertising solutions across Mumbai and Maharashtra. The company offers advertising formats including hoardings, bus panels, shelters, kiosks, utilities and vinyl signage.
The company caters to clients across sectors such as entertainment, real estate, fashion and lifestyle, insurance, and government organisations. Simca Advertising is ISO 9001:2015 certified.
Source:
- https://www.nseindia.com/market-data/issue-information?symbol=SIMCA&series=SME&type=Active
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