Subscription Status · ₹64–69
The Twinkle Papers IPO subscription has recorded limited investor demand with an overall subscription of 0.24× as of Jun 30, 2026, indicating that investors applied for 0.24 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: Jun 30, 2026, 6:12 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
190,000 | 398,000 |
2.09×
|
- |
|
NII
Non-Institutional Investors
|
1,798,000 | 34,000 |
0.02×
|
- |
|
bNII
Bids above ₹10L
|
1,198,667 | 16,000 |
0.01×
|
- |
|
sNII
Bids below ₹10L
|
599,333 | 18,000 |
0.03×
|
- |
|
Individual
Individual Investors
|
1,800,000 | 460,000 |
0.26×
|
- |
|
Total
|
3,788,000 | 892,000 |
0.24×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 190,000 | - | - | - |
| NII | 1,798,000 | 6,000 | - | - |
| bNII | 1,198,667 | - | - | - |
| sNII | 599,333 | 6,000 | 0.01× | - |
| Individual Investors | 1,800,000 | 220,000 | 0.12× | - |
| Total | 3,788,000 | 226,000 | 0.06× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 190,000 | 398,000 | 2.09× | - |
| NII | 1,798,000 | 34,000 | 0.02× | - |
| bNII | 1,198,667 | 16,000 | 0.01× | - |
| sNII | 599,333 | 18,000 | 0.03× | - |
| Individual Investors | 1,800,000 | 460,000 | 0.26× | - |
| Total | 3,788,000 | 892,000 | 0.24× | - |
As of June 30, 2026, the Twinkle Papers IPO has been subscribed 0.24 times overall. The IPO subscription is below 1×.
The Twinkle Papers IPO has a price band of ₹64 to ₹69 per share, with a lot size of 2,000 shares. Minimum retail investment: ₹128,000 (lower band) or ₹138,000 (upper band).
The QIB category has been subscribed 2.09 times. QIBs were offered 190,000 shares.
Overall NII: 0.02×. bNII (>₹10L): 0.01×, sNII (<₹10L): 0.03×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Allotment date to be announced. Check via the registrar's website, Alankit Assignments 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.
Listing date will be announced after allotment. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 0.24× means investors have bid for 0.24 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 Twinkle Papers 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.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Twinkle Papers 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.
Applicants 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.