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Subscription Status · Oct 15 – Oct 19, 2026 · ₹170–179
The Shellz India IPO subscription status today (19 Oct 2026, 1:45 PM) is 10.56x times subscribed.
The Shellz India IPO subscription has recorded strong investor demand with an overall subscription of 10.56× as of Oct 19, 2026, indicating that investors applied for 10.56 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: Oct 19, 2026, 1:45 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
604,800 | 2,571,200 |
4.25×
|
- |
|
NII
Non-Institutional Investors
|
453,600 | 6,418,400 |
14.15×
|
- |
|
bNII
Bids above ₹10L
|
302,400 | 4,844,000 |
16.02×
|
- |
|
sNII
Bids below ₹10L
|
151,200 | 1,574,400 |
10.41×
|
- |
|
Individual
Individual Investors
|
1,057,600 | 13,364,800 |
12.64×
|
- |
|
Total
|
2,116,000 | 22,354,400 |
10.56×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 604,800 | - | - | - |
| NII | 453,600 | 592,800 | 1.31× | - |
| bNII | 302,400 | 468,000 | 1.55× | - |
| sNII | 151,200 | 124,800 | 0.83× | - |
| Individual Investors | 1,057,600 | 688,000 | 0.65× | - |
| Total | 2,116,000 | 1,280,800 | 0.61× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 604,800 | - | - | - |
| NII | 453,600 | 984,800 | 2.17× | - |
| bNII | 302,400 | 836,000 | 2.76× | - |
| sNII | 151,200 | 148,800 | 0.98× | - |
| Individual Investors | 1,057,600 | 902,400 | 0.85× | - |
| Total | 2,116,000 | 1,887,200 | 0.89× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 604,800 | 2,571,200 | 4.25× | - |
| NII | 453,600 | 6,418,400 | 14.15× | - |
| bNII | 302,400 | 4,844,000 | 16.02× | - |
| sNII | 151,200 | 1,574,400 | 10.41× | - |
| Individual Investors | 1,057,600 | 13,364,800 | 12.64× | - |
| Total | 2,116,000 | 22,354,400 | 10.56× | - |
As of October 19, 2026, the Shellz India IPO has been subscribed 10.56 times overall. The IPO is fully subscribed with strong investor demand.
The Shellz India IPO subscription window was open from October 15, 2026 to October 19, 2026. Investors could apply through their demat account or ASBA facility.
The Shellz India IPO has a price band of ₹170 to ₹179 per share, with a lot size of 800 shares. Minimum retail investment: ₹136,000 (lower band) or ₹143,200 (upper band).
The QIB category has been subscribed 4.25 times. QIBs were offered 604,800 shares.
Overall NII: 14.15×. bNII (>₹10L): 16.02×, sNII (<₹10L): 10.41×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on October 21, 2026. Check via the registrar's website, Bigshare Services Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Shellz India IPO is expected to list on October 23, 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 10.56× means investors have bid for 10.56 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 Shellz India 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 Oct 15 to Oct 19, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Shellz India 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
Oct 15, 2026Subscription Closes
Oct 19, 2026Basis of Allotment
Oct 21, 2026Listing on BSE
Oct 23, 2026Lottery-based allotment.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.
