Vivekanand Cotspin IPO Subscription Status Day 3: Issue Subscribed 1.79 Times

Authored By HDFC SKY | Published at: Sep 23, 2026 06:30 PM IST

Vivekanand Cotspin IPO Day 3 subscription status showed the issue subscribed 1.79 times, with NII at 2.41x, retail at 1.82x and QIB at 1.26x as of September 23, 2026.

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Mumbai, September 23: Vivekanand Cotspin IPO remained open for subscription on its third and final day on September 23, 2026. The bookbuilding issue opened on September 21 and closed on September 23. The IPO comprises a fresh issue of 60 lakh shares aggregating up to ₹22.20 crore. The price band is fixed at ₹32 to ₹37 per share. The lot size is 3,000 shares, with retail investors required to apply for a minimum of two lots. At the upper price band, the minimum investment is ₹22,200.

Vivekanand Cotspin IPO Day 3 Subscription Status

As of 5:48 PM on September 23, 2026, the Vivekanand Cotspin IPO was subscribed 1.79 times in total. The NII category was subscribed 2.41 times, while individual investors subscribed 1.82 times. The QIB category, excluding the anchor portion, was subscribed 1.26 times.

Subscription Category	Shares Offered	Shares Bid For	Subscription
QIB	28,53,000	36,00,000	1.26x
NII/HNI	8,55,000	20,64,000	2.41x
Retail	20,01,000	36,48,000	1.82x
Total	39,99,000	71,52,000	1.79x

The cumulative subscription data was last updated at 5:48 PM on September 23, 2026. The subscription multiples exclude the anchor investor and market maker portions.

Category-wise Vivekanand Cotspin IPO Subscription Status

Category	Shares Offered/Reserved	Shares Bid For	Subscription
QIB (Ex Anchor)	11,43,000	14,40,000	1.26x
NII/HNI	8,55,000	20,64,000	2.41x
bNII (>₹10L)	5,70,000	17,04,000	2.99x
sNII (<₹10L)	2,85,000	3,60,000	1.26x
Retail	20,01,000	36,48,000	1.82x

The IPO also had an anchor investor allocation of 17,10,000 shares. The market maker portion stood at 3,00,000 shares and is not included in the NII/HNI category.

Vivekanand Cotspin Day-wise Subscription Summary

The IPO saw subscription of 0.08 times on Day 1, 0.17 times on Day 2 and 1.79 times by the end of Day 3.

Date	QIB (Ex Anchor)	NII	NII (>₹10L)	NII (<₹10L)	Individual Investors	Total
September 21, 2026 (Day 1)	0.00x	0.26x	0.31x	0.18x	0.05x	0.08x
September 22, 2026 (Day 2)	0.00x	0.35x	0.36x	0.33x	0.20x	0.17x
September 23, 2026 (Day 3)	1.26x	2.41x	2.99x	1.26x	1.82x	1.79x

Vivekanand Cotspin IPO Timeline

IPO Milestone	Date
Issue Open Date	September 21, 2026
Issue Close Date	September 23, 2026
Basis of Allotment Date	September 24, 2026
Initiation of Refunds	September 25, 2026
Credit of Shares	September 25, 2026
Listing Date	September 28, 2026

Brief Overview Of The Vivekanand Cotspin IPO

Vivekanand Cotspin IPO is a ₹22.20 crore bookbuilding issue comprising a fresh issue of 60 lakh shares. The IPO opened for subscription on September 21, 2026, and closed on September 23, 2026.

The price band is ₹32 to ₹37 per share, with a lot size of 3,000 shares. The minimum retail application is two lots, or 6,000 shares, amounting to ₹22,200 at the upper price band.

The IPO is scheduled to list on the BSE SME platform, with the tentative listing date set for September 28, 2026. Swastika Investmart Ltd. is the book running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar to the issue. Sunflower Broking Pvt. Ltd. is the market maker.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4832&type=IPO&idtype=1&status=L&IPONo=7981&startdt=21%2F09%2F2026

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