SMEClosed

Grover Jewells Limited IPO Subscription Status

📅Offer Date: 04 Feb 2026 – 06 Feb 2026

Minimum investment
₹1,40,8001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total19.24x
QIB11.32x
NII37.92x
Retail15.74x

Grover Jewells Limited IPO was subscribed 19.24x in total when bidding closed on 06 Feb 2026, with 11.32x in the QIB category, 37.92x in NII, 15.74x in retail. The issue ran from 04 Feb 2026 to 06 Feb 2026 at a price band of ₹83.00–₹88.00 per share.

QIB11.32xNII37.92xRetail15.74xTotal19.24x1×

Times subscribed by category against the 1× line.

16
≈ 1 in 16 retail allotment
low allotment chance

Based on retail subscription (15.74x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs7,29,60082,59,07211.32x
NIIs5,48,8002,08,10,49637.92x
SNIIs (<10L)1,84,00043,35,04023.56x
BNIIs (>10L)3,64,8001,64,74,36845.16x
Retail12,80,0002,01,47,20015.74x
Total25,58,4004,92,23,61619.24x
QIB / NII7,29,60000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs6.4272.6811.32x
NIIs4.83183.1337.92x
Retail11.26177.3015.74x
QIB / NII6.42—0.00x
Total28.93433.1119.24x

Values derived from share count × issue price (₹88.00)

What this means for allotment & listing

Because Grover Jewells Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Grover Jewells Limited IPO subscription FAQs