Twinkle Papers IPO Day 2: Retail Leads Early Bids as Subscription Reaches 0.10x
Authored By HDFC SKY | Published at: Jun 30, 2026 11:35 AM IST
Twinkle Papers IPO entered Day 2 of bidding on June 30 with overall subscription at 0.10x, as retail investors showed early interest while institutional participation remained subdued.
Mumbai, June 30: The Twinkle Papers IPO moved into Day 2 of its subscription window on Tuesday, with investors continuing to place bids for the BSE SME public issue. Although the response remained modest in the early hours of trading, the retail category accounted for most of the demand seen so far.
According to exchange data available till 10:44 AM on June 30, the ₹27.52 crore IPO was subscribed 0.10 times overall. The retail (Individual Investors) portion received bids worth 0.20 times, while the NII category stood at 0.01 times. The QIB (Ex-Anchor) segment had not received any bids at the time of the latest update.
With the issue remaining open until July 1, investors will be watching whether subscription gathers pace over the remaining bidding sessions, as is often seen in SME IPOs.
Latest Twinkle Papers IPO Subscription Status (Day 2)
| Category | Subscription |
| Overall | 0.10x |
| Retail (Individual Investors) | 0.20x |
| QIB (Ex-Anchor) | 0.00x |
| NII | 0.01x |
| bNII | 0.00x |
| sNII | 0.03x |
Twinkle Papers IPO Details
The IPO is a book-built SME issue comprising a fresh issue of 39.88 lakh equity shares worth ₹27.52 crore.
- Issue Size: ₹27.52 crore
- Price Band: ₹64 to ₹69 per share
- Lot Size: 2,000 shares
- Listing: BSE SME
Minimum Investment
At the upper end of the price band, investors need:
- Retail: ₹2,76,000
- sHNI: ₹4,14,000
- bHNI: ₹11,04,000
Important Dates
- IPO Opens: June 29, 2026
- IPO Closes: July 1, 2026
- Expected Allotment: July 2, 2026
- Refund Initiation: July 3, 2026
- Credit of Shares: July 3, 2026
- Tentative Listing: July 6, 2026
About Twinkle Papers
Twinkle Papers manufactures and supplies paper-based products, catering to commercial and industrial customers. The company operates in the paper and packaging segment and plans to utilise the IPO proceeds to support its business expansion and working capital requirements.
What Investors Should Watch
With Day 2 underway, subscription trends over the next session will be closely tracked, particularly in the NII and QIB categories. SME IPOs often witness a sharp rise in bids on the final day, making the closing-day demand an important indicator before the allotment process begins.
Source:
- https://www.bsesme.com/download/359535/SME_IPO%20Open/TwinklePapers_RHP_20260623171445.pdf
Disclaimer
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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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