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Tipco Engineering IPO logo

Tipco Engineering IPO Subscription History

BSE SME

Subscription Status  ·  Mar 23 – Mar 25, 2026  ·  ₹84–89

The Tipco Engineering IPO subscription has recorded adequate investor demand with an overall subscription of 1.95× as of Mar 25, 2026, indicating that investors applied for 1.95 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.

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  • QIB subscribed 3.20×, institutional investors have fully covered their reserved quota, reflecting measured confidence in the company's fundamentals.
  • HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 4.57× and Small NII (below ₹10 lakh) subscribed 0.74×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
  • Retail investors subscribed 0.66×, below 1×; all retail applicants are likely to receive full allotment if they applied.
QIB
3.20×
Qualified Institutional Buyers
NII
3.29×
Non-Institutional Investors
bNII
4.57×
Bids above ₹10L
sNII
0.74×
Bids below ₹10L
Retail
0.66×
Retail Individual Investors
Total
1.95×
Fully Subscribed

Live Subscription Data

Last updated: Mar 25, 2026, 6:57 PM IST

Overall
1.95×
Category Shares Offered Shares Bid For Times Subscribed Applications
QIB
Qualified Institutional Buyers
1,156,800 3,705,600
3.20×
-
NII
Non-Institutional Investors
873,600 2,875,200
3.29×
-
bNII
Bids above ₹10L
582,400 2,659,200
4.57×
-
sNII
Bids below ₹10L
291,200 216,000
0.74×
-
Retail
Retail Individual Investors
2,032,000 1,350,400
0.66×
-
Total
4,062,400 7,931,200
1.95×
-
Fully Subscribed — 1.95× overall Allotment probability may be lower due to high demand

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Mon, Mar 23, 2026
0.29×
Category Offered Bid For Times Applications
QIB 1,156,800 1,156,800 1.00× -
NII 873,600 4,800 0.01× -
bNII 582,400 - - -
sNII 291,200 4,800 0.02× -
Retail 2,032,000 28,800 0.01× -
Total 4,062,400 1,190,400 0.29× -
Tue, Mar 24, 2026
0.55×
Category Offered Bid For Times Applications
QIB 1,156,800 1,156,800 1.00× -
NII 873,600 1,025,600 1.17× -
bNII 582,400 1,020,800 1.75× -
sNII 291,200 4,800 0.02× -
Retail 2,032,000 64,000 0.03× -
Total 4,062,400 2,246,400 0.55× -
Wed, Mar 25, 2026
1.95×
Category Offered Bid For Times Applications
QIB 1,156,800 3,705,600 3.20× -
NII 873,600 2,875,200 3.29× -
bNII 582,400 2,659,200 4.57× -
sNII 291,200 216,000 0.74× -
Retail 2,032,000 1,350,400 0.66× -
Total 4,062,400 7,931,200 1.95× -

Frequently Asked Questions

What is the current subscription status of Tipco Engineering IPO?

As of March 25, 2026, the Tipco Engineering IPO has been subscribed 1.95 times overall. The IPO is fully subscribed.

When was the Tipco Engineering IPO subscription window open?

The Tipco Engineering IPO subscription window was open from March 23, 2026 to March 25, 2026. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Tipco Engineering IPO?

The Tipco Engineering IPO has a price band of ₹84 to ₹89 per share, with a lot size of 1,600 shares. Minimum retail investment: ₹134,400 (lower band) or ₹142,400 (upper band).

What is the QIB subscription for Tipco Engineering IPO?

The QIB category has been subscribed 3.20 times. QIBs were offered 1,156,800 shares.

What is the Retail subscription for Tipco Engineering IPO?

Retail investors subscribed 0.66 times. Retail was offered 2,032,000 shares. Below 1× indicates moderate retail interest.

What is the NII subscription for Tipco Engineering IPO?

Overall NII: 3.29×. bNII (>₹10L): 4.57×, sNII (<₹10L): 0.74×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Tipco Engineering IPO allotment status?

Basis of allotment is on March 27, 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.

When will Tipco Engineering IPO be listed?

Tipco Engineering IPO is expected to list on April 01, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.

What does 1.95× subscription mean for Tipco Engineering IPO?

A subscription multiple of 1.95× means investors have bid for 1.95 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.

What is the allotment probability for Tipco Engineering IPO retail investors?

Based on the current retail subscription of 0.66×, 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.

How to apply for Tipco Engineering IPO?

You can apply for Tipco Engineering 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 Mar 23 to Mar 25, 2026.

What is the grey market premium (GMP) for Tipco Engineering IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Tipco Engineering 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.

IPO Details

Open Date
Mar 23, 2026
Close Date
Mar 25, 2026
Allotment
Mar 27, 2026
Listing Date
Apr 01, 2026
Price Band
₹84 – ₹89
Lot Size
1,600 shares
Min. Investment
₹142,400
Exchange
BSE
Registrar
Maashitla Securities Pvt. ltd.
View Full IPO Details

What Happens Next

  1. Subscription Opens Done

    Mar 23, 2026
  2. Subscription Closes Done

    Mar 25, 2026
  3. Basis of Allotment Done

    Mar 27, 2026
  4. Listing on BSE Done

    Apr 01, 2026

Allotment Probability

High

Applicants likely to get full allotment. Based on retail subscription of 0.66×.

Share Allocation

QIB 28.5%
NII 21.5%
Retail 50%
Total Shares 4,062,400

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Subscription Guide

≥ 10× Heavily Oversubscribed
1× – 10× Subscribed / Oversubscribed
0.5× – 1× Partially Subscribed
< 0.5× Under-subscribed

Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.