Subscription Status · Sep 25 – Sep 29, 2026 · ₹107–113
The Sai Urja Indo IPO subscription status today (25 Sep 2026, 6:18 PM) is 0.04x times subscribed.
The Sai Urja Indo IPO subscription has recorded limited investor demand with an overall subscription of 0.04× as of Sep 25, 2026, indicating that investors applied for 0.04 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 25, 2026, 6:18 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
392,400 | - | - | - |
|
NII
Non-Institutional Investors
|
302,400 | 20,400 |
0.07×
|
- |
|
bNII
Bids above ₹10L
|
201,600 | 9,600 |
0.05×
|
- |
|
sNII
Bids below ₹10L
|
100,800 | 10,800 |
0.11×
|
- |
|
Individual
Individual Investors
|
710,400 | 38,400 |
0.05×
|
- |
|
Total
|
1,405,200 | 58,800 |
0.04×
|
- |
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 392,400 | - | - | - |
| NII | 302,400 | 20,400 | 0.07× | - |
| bNII | 201,600 | 9,600 | 0.05× | - |
| sNII | 100,800 | 10,800 | 0.11× | - |
| Individual Investors | 710,400 | 38,400 | 0.05× | - |
| Total | 1,405,200 | 58,800 | 0.04× | - |
As of September 25, 2026, the Sai Urja Indo IPO has been subscribed 0.04 times overall. The IPO subscription is below 1×.
The Sai Urja Indo IPO subscription window was open from September 25, 2026 to September 29, 2026. Investors could apply through their demat account or ASBA facility.
The Sai Urja Indo IPO has a price band of ₹107 to ₹113 per share, with a lot size of 1,200 shares. Minimum retail investment: ₹128,400 (lower band) or ₹135,600 (upper band).
Overall NII: 0.07×. bNII (>₹10L): 0.05×, sNII (<₹10L): 0.11×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on September 30, 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.
Sai Urja Indo IPO is expected to list on October 05, 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 0.04× means investors have bid for 0.04 times the total shares available. The IPO is not yet fully subscribed, applicants have a higher probability of receiving full allotment.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is High. Applicants likely to get full allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Sai Urja Indo 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 25 to Sep 29, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Sai Urja Indo 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 Live
Sep 25, 2026Subscription Closes
Sep 29, 2026Basis of Allotment
Sep 30, 2026Listing on BSE
Oct 05, 2026Applicants likely to get full allotment.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.