Sri Priyanka Geo Commex IPO Subscription Status Day 1 Live: Issue Opens for Bidding, Investor Participation Yet to Pick Up

Mumbai, June 24: Sri Priyanka Geo Commex IPO opened for subscription today, with early subscription figures indicating a cautious start from investors. As of 10:49 AM on the opening day, the NSE SME issue was subscribed 0.00 times overall, with only limited bids emerging from the retail segment.

The ₹94.51 crore book-built public issue will remain open for subscription until June 29, 2026. The IPO is entirely a fresh issue of 44,58,000 equity shares and is being offered in a price band of ₹207 to ₹212 per share.

Like many SME offerings during the initial hours of bidding, investor activity remained subdued, with retail investors accounting for the only bids received so far. Both non-institutional investors (NIIs) and qualified institutional buyers (QIBs) were yet to place bids at the time of reporting.

Sri Priyanka Geo Commex IPO Subscription Status Day 1

According to exchange data available at 10:49 AM on June 24, 2026, the IPO was subscribed 0.00 times overall.

The retail category received bids for 8,400 shares against 29,35,200 shares reserved for investors. However, the demand was not sufficient to push subscription levels above the one-hundredth mark.

The NII segment, which has been allocated 12,58,200 shares, had not received any bids at the time of reporting.

Similarly, the QIB portion remained unsubscribed, with no institutional bids recorded during the early hours of Day 1.

Early Bidding Remains Muted

The opening-day figures suggest investors are adopting a wait-and-watch approach towards the issue. Such trends are not uncommon in SME IPOs, where a significant portion of bids often arrives during the final days of the subscription period.

With several days of bidding still remaining, subscription levels could change materially as participation from high-net-worth investors and institutional investors begins to build.

Issue Structure

Sri Priyanka Geo Commex IPO is entirely a fresh issue of 44,58,000 equity shares aggregating ₹94.51 crore.

The net offer comprises 42,34,800 shares after accounting for the market maker reservation of 2,23,200 shares.

The issue allocation includes:

• QIB: 41,400 shares
• NII: 12,58,200 shares
• Retail: 29,35,200 shares

Sri Priyanka Geo Commex IPO Key Details

• IPO Open Date: June 24, 2026
• IPO Close Date: June 29, 2026
• Price Band: ₹207 to ₹212 per share
• Issue Size: ₹94.51 crore
• Fresh Issue: 44,58,000 equity shares
• Lot Size: 600 shares
• Listing Platform: NSE SME

Sri Priyanka Geo Commex IPO Timeline

About Sri Priyanka Geo Commex Limited

Sri Priyanka Geo Commex Limited is tapping the capital markets through a book-built SME public issue. The company is raising funds entirely through a fresh issue of equity shares and proposes to list its shares on the NSE SME platform following the completion of the IPO process.

Conclusion

Sri Priyanka Geo Commex IPO has begun its subscription journey on a subdued note, with overall subscription standing at 0.00x as of 10:49 AM on June 24 2026. While retail investors have placed the first bids, participation from NII and QIB investors is yet to emerge. Market participants will closely track subscription trends over the coming sessions as the issue remains open until June 29 2026.

Source:

• https://www.chittorgarh.net/reports/ipo_notes/sripriyankarhp.pdf