Subscription Status · Sep 21 – Sep 23, 2026 · ₹32–37
The Vivekanand Cotspin IPO subscription has recorded adequate investor demand with an overall subscription of 1.79× as of Sep 23, 2026, indicating that investors applied for 1.79 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 23, 2026, 5:12 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
1,143,000 | 1,440,000 |
1.26×
|
- |
|
NII
Non-Institutional Investors
|
855,000 | 2,064,000 |
2.41×
|
- |
|
bNII
Bids above ₹10L
|
570,000 | 1,704,000 |
2.99×
|
- |
|
sNII
Bids below ₹10L
|
285,000 | 360,000 |
1.26×
|
- |
|
Individual
Individual Investors
|
2,001,000 | 3,648,000 |
1.82×
|
- |
|
Total
|
3,999,000 | 7,152,000 |
1.79×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 1,143,000 | - | - | - |
| NII | 855,000 | 225,000 | 0.26× | - |
| bNII | 570,000 | 174,000 | 0.31× | - |
| sNII | 285,000 | 51,000 | 0.18× | - |
| Individual Investors | 2,001,000 | 96,000 | 0.05× | - |
| Total | 3,999,000 | 321,000 | 0.08× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 1,143,000 | - | - | - |
| NII | 855,000 | 297,000 | 0.35× | - |
| bNII | 570,000 | 204,000 | 0.36× | - |
| sNII | 285,000 | 93,000 | 0.33× | - |
| Individual Investors | 2,001,000 | 402,000 | 0.20× | - |
| Total | 3,999,000 | 699,000 | 0.17× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 1,143,000 | 1,440,000 | 1.26× | - |
| NII | 855,000 | 2,064,000 | 2.41× | - |
| bNII | 570,000 | 1,704,000 | 2.99× | - |
| sNII | 285,000 | 360,000 | 1.26× | - |
| Individual Investors | 2,001,000 | 3,648,000 | 1.82× | - |
| Total | 3,999,000 | 7,152,000 | 1.79× | - |
As of September 23, 2026, the Vivekanand Cotspin IPO has been subscribed 1.79 times overall. The IPO is fully subscribed.
The Vivekanand Cotspin IPO subscription window was open from September 21, 2026 to September 23, 2026. Investors could apply through their demat account or ASBA facility.
The Vivekanand Cotspin IPO has a price band of ₹32 to ₹37 per share, with a lot size of 3,000 shares. Minimum retail investment: ₹96,000 (lower band) or ₹111,000 (upper band).
The QIB category has been subscribed 1.26 times. QIBs were offered 1,143,000 shares.
Overall NII: 2.41×. bNII (>₹10L): 2.99×, sNII (<₹10L): 1.26×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on September 24, 2026. Check via the registrar's website, MUFG Intime India 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.
Vivekanand Cotspin IPO is expected to list on September 28, 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 1.79× means investors have bid for 1.79 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 Good. Decent chance of full allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Vivekanand Cotspin 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 21 to Sep 23, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Vivekanand Cotspin 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 21, 2026Subscription Closes Done
Sep 23, 2026Basis of Allotment Done
Sep 24, 2026Listing on BSE Done
Sep 28, 2026Decent chance of full allotment.
Share Subscription Card
Download a branded image to share on WhatsApp, Twitter, or Telegram
Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.