Sri Priyanka Geo Commex IPO Day 3 Subscription Status: Issue Booked 0.29 Times So Far
Authored By HDFC SKY | Last Modified: Jun 29, 2026 04:28 PM IST
Mumbai, June 29: Sri Priyanka Geo Commex IPO has been subscribed 0.29 times as of 12:50 PM on Monday, the third and final day of bidding. Demand continued to be driven almost entirely by Qualified Institutional Buyers (QIBs), while the Non-Institutional Investor (NII) and Retail Individual Investor (RII) segments were yet to reach full subscription.
The SME public issue, valued at ₹94.51 crore, opened for subscription on June 24 and will close later today. It is a fresh issue of 44.58 lakh equity shares priced in the range of ₹207 to ₹212 per share. Investors can bid in lots of 600 shares.
Sri Priyanka Geo Commex IPO Day 3 Subscription Status
According to exchange data available at 12:50 PM, the IPO had received bids for 12.09 lakh shares against 42.35 lakh shares on offer, translating into an overall subscription of 0.29 times.
| Category | Subscription |
| QIB (Ex Anchor) | 13.14x |
| NII | 0.17x |
| Retail Individual Investors | 0.15x |
| Overall | 0.29x |
Category-wise Sri Priyanka Geo Commex IPO Subscription Status
Institutional investors remained the only category to see strong participation, with the QIB portion subscribed 13.14 times. In comparison, demand from both high-net-worth investors and retail applicants remained subdued.
| Category | Shares Offered | Shares Bid For | Subscription |
| QIB (Ex Anchor) | 41,400 | 5,44,200 | 13.14x |
| NII | 12,58,200 | 2,13,000 | 0.17x |
| • bNII (>₹10 lakh) | 8,38,800 | 2,01,600 | 0.24x |
| • sNII (<₹10 lakh) | 4,19,400 | 2,34,600 | 0.56x |
| Retail Individual Investors | 29,35,200 | 4,52,400 | 0.15x |
| Total | 42,34,800 | 12,09,600 | 0.29x |
Sri Priyanka Geo Commex IPO Day-wise Subscription Summary
Subscription levels changed only marginally over the course of the issue. The overall book moved from 0.11 times on Day 1 to 0.28 times on Day 2 before reaching 0.29 times by 12:50 PM on the final day.
| Date | QIB | NII | Retail | Total |
| June 24, 2026 (Day 1) | 0.00x | 0.20x | 0.07x | 0.11x |
| June 25, 2026 (Day 2) | 13.14x | 0.16x | 0.14x | 0.28x |
| June 29, 2026 (Day 3, 12:50 PM) | 13.14x | 0.17x | 0.15x | 0.29x |
Sri Priyanka Geo Commex IPO Timeline
| Event | Date |
| IPO Opens | June 24, 2026 |
| IPO Closes | June 29, 2026 |
| Basis of Allotment | June 30, 2026 |
| Initiation of Refunds | July 1, 2026 |
| Credit of Shares | July 1, 2026 |
| Listing | July 2, 2026 |
Brief Overview of the IPO
| Particular | Details |
| Issue Size | ₹94.51 crore |
| Fresh Issue | 44.58 lakh shares |
| Price Band | ₹207 to ₹212 per share |
| Lot Size | 600 shares |
| Issue Type | Bookbuilding IPO |
| Listing | NSE SME |
| Registrar | Cameo Corporate Services Ltd. |
| Book Running Lead Manager | Horizon Management Pvt. Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. |
Sri Priyanka Geo Commex is engaged in the trading and supply of geosynthetic products used across civil engineering, infrastructure and construction projects. Its product portfolio includes geotextiles, geomembranes, geogrids and other related materials.
The company aims to raise ₹94.51 crore through this fresh issue. Following the close of bidding on June 29, the basis of allotment is scheduled to be finalised on June 30, while the shares are expected to be listed on the NSE SME platform on July 2, 2026.
Source:
- https://www.nseindia.com/market-data/issue-information?symbol=SPGCL&series=SME&type=Active
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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