Subscription Status · Sep 09 – Sep 11, 2026 · ₹71–75
The Amtech Esters IPO subscription has recorded strong investor demand with an overall subscription of 25.70× as of Sep 11, 2026, indicating that investors applied for 25.70 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Sep 11, 2026, 6:15 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
452,800 | 6,822,400 |
15.07×
|
- |
|
NII
Non-Institutional Investors
|
340,800 | 11,016,000 |
32.32×
|
- |
|
bNII
Bids above ₹10L
|
230,400 | 7,747,200 |
33.63×
|
- |
|
sNII
Bids below ₹10L
|
110,400 | 3,268,800 |
29.61×
|
- |
|
Individual
Individual Investors
|
793,600 | 22,956,800 |
28.93×
|
- |
|
Total
|
1,587,200 | 40,795,200 |
25.70×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 452,800 | 452,800 | 1.00× | - |
| NII | 340,800 | 729,600 | 2.14× | - |
| bNII | 230,400 | 696,000 | 3.02× | - |
| sNII | 110,400 | 33,600 | 0.30× | - |
| Individual Investors | 793,600 | 624,000 | 0.79× | - |
| Total | 1,587,200 | 1,806,400 | 1.14× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 452,800 | 452,800 | 1.00× | - |
| NII | 340,800 | 1,184,000 | 3.47× | - |
| bNII | 230,400 | 936,000 | 4.06× | - |
| sNII | 110,400 | 248,000 | 2.25× | - |
| Individual Investors | 793,600 | 2,838,400 | 3.58× | - |
| Total | 1,587,200 | 4,475,200 | 2.82× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 452,800 | 6,822,400 | 15.07× | - |
| NII | 340,800 | 11,016,000 | 32.32× | - |
| bNII | 230,400 | 7,747,200 | 33.63× | - |
| sNII | 110,400 | 3,268,800 | 29.61× | - |
| Individual Investors | 793,600 | 22,956,800 | 28.93× | - |
| Total | 1,587,200 | 40,795,200 | 25.70× | - |
As of September 11, 2026, the Amtech Esters IPO has been subscribed 25.70 times overall. The IPO is fully subscribed with strong investor demand.
The Amtech Esters IPO subscription window was open from September 09, 2026 to September 11, 2026. Investors could apply through their demat account or ASBA facility.
The Amtech Esters IPO has a price band of ₹71 to ₹75 per share, with a lot size of 1,600 shares. Minimum retail investment: ₹113,600 (lower band) or ₹120,000 (upper band).
The QIB category has been subscribed 15.07 times. QIBs were offered 452,800 shares. Strong QIB subscription indicates high institutional confidence.
Overall NII: 32.32×. bNII (>₹10L): 33.63×, sNII (<₹10L): 29.61×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on September 15, 2026. Check via the registrar's website, Maashitla Securities Pvt. ltd. using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Amtech Esters IPO is expected to list on September 17, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 25.70× means investors have bid for 25.70 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Amtech Esters IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Sep 09 to Sep 11, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Amtech Esters IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Sep 09, 2026Subscription Closes Done
Sep 11, 2026Basis of Allotment Done
Sep 15, 2026Listing on BSE Done
Sep 17, 2026Lottery-based allotment.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.