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Simca Advertising IPO Day 3 Subscription Status at 45.19 Times So Far

By HDFC SKY | Published at: May 12, 2026 03:47 PM IST

Simca Advertising IPO Subscribed 45.19 Times on Day 3 Led by QIB and NII Demand

Simca Advertising IPO Day 3 Subscription Status at 45.19 Times So Far
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Mumbai, May 12: Simca Advertising IPO witnessed robust investor demand on the final day of bidding on Tuesday, with the NSE SME issue subscribed 45.19 times.

The ₹58.04 crore book-built issue opened for subscription on May 8, 2026, and closes on today. The IPO is priced in the range of ₹174 to ₹183 per share with a lot size of 600 shares.

The issue comprises a fresh issue of 30.12 lakh shares aggregating up to ₹55 crore, excluding the market maker portion of 1.59 lakh shares.

Simca Advertising IPO Day 3 Subscription Status

Simca Advertising IPO was subscribed 45.19 times overall by Day 3, according to exchange data available at 2:19 PM on May 12, 2026.

Category Subscription (x) Shares Offered Shares Bid For
QIB (Ex Anchor) 52.56 4,87,800 2,56,37,400
NII/HNI 45.36 10,29,600 4,67,01,000
Retail Individual Investors 41.61 10,56,000 4,39,41,600
Total 45.19 25,73,400 11,62,80,000

Simca Chart

Category-wise Simca Advertising IPO Subscription Status

Institutional demand remained firm through the final day, while retail participation also accelerated sharply.

Investor Category Subscription Multiple
QIB (Ex Anchor) 52.56x
bNII (> ₹10 lakh) 51.03x
sNII (< ₹10 lakh) 34.02x
Overall NII/HNI 45.36x
Retail Investors 41.61x

Simca Advertising Day-wise Subscription Summary

Date QIB (Ex Anchor) NII/HNI Retail Total
May 8, 2026 (Day 1) 1.84x 0.52x 0.24x 0.65x
May 11, 2026 (Day 2) 6.50x 3.05x 4.24x 4.19x
May 12, 2026 (Day 3) 52.56x 45.36x 41.61x 45.19x

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

Simca Advertising IPO is a book-built NSE SME issue aggregating to ₹58.04 crore. The company has fixed the price band at ₹174 to ₹183 per share.

Investors can apply for a minimum of 1,200 shares, requiring an investment of ₹2,19,600 at the upper end of the price band. The minimum application size for S-HNI investors is 1,800 shares amounting to ₹3,29,400.

The IPO includes a market maker reservation of 1.59 lakh shares. Socradamus Capital Pvt. Ltd. is the book running lead manager to the issue, while MUFG Intime India Pvt. Ltd. is the registrar.

Incorporated in June 2022, Simca Advertising Limited operates in the out-of-home advertising segment. The company provides advertising solutions including hoardings, gantries, bus panels, shelters, kiosks and utility-based media formats across Mumbai and Maharashtra.

The company serves clients across sectors such as entertainment, real estate, fashion, insurance and government organisations.

Source:

  • https://www.nseindia.com/market-data/issue-information?symbol=SIMCA&series=SME&type=Active
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