Grover Jewells SME IPO Subscription
ListedUpdated 11 February 2026, 9:15 AM IST· NSE SME
Grover Jewells SME IPO subscription closed on 6 February 2026 at 19.24x overall by shares. QIB demand came in at 11.32x, NII at 37.92x, and retail at 15.74x. See Retail, SHNI, and BHNI allotment chances in the table…
Grover Jewells SME IPO subscription closed on 6 February 2026 at 19.24x overall by shares. QIB demand came in at 11.32x, NII at 37.92x, and retail at 15.74x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 9 February 2026. Listing date on NSE and BSE is 11 February 2026.
Grover Jewells SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 4 Feb 2026 | 0.00x | 2.46x | 1.18x | 1.12x |
| Day 2 - 5 Feb 2026 | 0.00x | 3.24x | 2.10x | 1.75x |
Grover Jewells SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Grover Jewells SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 15.74x | 1 in 16 |
| SHNI (Rs 2L to Rs 10L) | 23.53x | 1 in 24 |
| BHNI (above Rs 10L) | 16.28x | 1 in 16 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Grover Jewells SME IPO Allotment Status page from 9 February 2026 for your result.
Grover Jewells SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 88.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 6.42 Cr | Rs 72.65 Cr | 11.32x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 72.65 Cr | - |
| NII | Rs 4.83 Cr | Rs 183.12 Cr | 37.92x |
| bNII (above Rs 10L) | Rs 3.22 Cr | Rs 144.98 Cr | 45.03x |
| Corporate | - | Rs 4.84 Cr | - |
| Individual | - | Rs 135.06 Cr | - |
| Other | - | Rs 5.08 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.61 Cr | Rs 38.14 Cr | 23.69x |
| Corporate | - | Rs 1.44 Cr | - |
| Individual | - | Rs 34.47 Cr | - |
| Other | - | Rs 2.24 Cr | - |
| IND | Rs 11.26 Cr | Rs 177.30 Cr | 15.74x |
| Total | Rs 22.51 Cr | Rs 433.07 Cr | 19.24x |
Grover Jewells SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 456 | 7 | 0.02x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 7 | - |
| NII | 114 | 2,131 | 18.69x |
| bNII (above Rs 10L) | 76 | 1,237 | 16.28x |
| Corporate | - | 43 | - |
| Individual | - | 1,163 | - |
| Other | - | 31 | - |
| sNII (Rs 2L to Rs 10L) | 38 | 894 | 23.53x |
| Corporate | - | 34 | - |
| Individual | - | 807 | - |
| Other | - | 53 | - |
| IND | 400 | 6,296 | 15.74x |
| Total | 970 | 8,434 | 8.69x |
What Do These Subscription Numbers Mean?
19.24x overall by shares means bids covered about 19 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 11.32x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (18.69x by applications). Split: SHNI 23.53x, BHNI 16.28x by applications. SHNI and BHNI allotment is by lottery.
At 15.74x subscription by applications, about 1 in 16 retail applicants may get allotment (~6% chance per application). Retail allotment is also by lottery.
Grover Jewells SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 4 February 2026 |
| IPO Close Date | 6 February 2026 |
| Allotment Date | 9 February 2026 |
| Refund Initiation | 10 February 2026 |
| Share Credit to Demat | 10 February 2026 |
| Listing Date | 11 February 2026 |
| Minimum Investment | Rs 2,81,600.00 |
| Lot Size | 1600 shares |
About Grover Jewells SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Grover Jewells SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Grover Jewells SME Details
Issue size, price, financials, and company info
Grover Jewells SME GMP
Live grey market premium and listing estimate
Grover Jewells SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Grover Jewells SME Allotment
Allotment date, chances, and check by PAN
Grover Jewells SME Review
SWOT, strengths, risks, and IPO review
Grover Jewells SME FAQ
Common questions on dates, GMP, and allotment
Grover Jewells SME Registrar
Registrar website and how to check allotment
Grover Jewells SME Timeline
Open, close, allotment, and listing dates
Grover Jewells SME News
Updates, blogs, and latest IPO news
Grover Jewells SME IPO Subscription FAQs
What is Grover Jewells SME IPO subscription status today?
Grover Jewells SME IPO subscription closed on 6 February 2026 with overall subscription of 19.24x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 11.32x, NII 18.69x, IND 15.74x.
What is the overall subscription of Grover Jewells SME IPO?
Grover Jewells SME IPO is subscribed 19.24x overall by shares at close on 6 February 2026. QIB 11.32x, NII 18.69x, and IND 15.74x.
What is Grover Jewells SME IPO QIB subscription?
Grover Jewells SME IPO QIB (Qualified Institutional Buyers) subscription is 11.32x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Grover Jewells SME IPO IND subscription?
Grover Jewells SME IPO IND subscription is 15.74x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Grover Jewells SME IPO NII, SHNI, and BHNI subscription?
Grover Jewells SME IPO NII subscription is 18.69x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 23.53x and BHNI (above Rs 10L) at 16.28x.
What are Grover Jewells SME IPO retail allotment chances?
At 15.74x subscription by applications, about 1 in 16 retail applicants may get allotment (~6% chance per application). Allotment is by lottery.
What are Grover Jewells SME IPO SHNI allotment chances?
At 23.53x subscription by applications, about 1 in 24 SHNI applicants may get allotment (~4% chance per application). Allotment is by lottery.
What are Grover Jewells SME IPO BHNI allotment chances?
At 16.28x subscription by applications, about 1 in 16 BHNI applicants may get allotment (~6% chance per application). Allotment is by lottery. Share subscription was 45.03x. Allotment chances use applications, not share volume.
When is Grover Jewells SME IPO allotment date?
Grover Jewells SME IPO allotment date is 9 February 2026. Check Grover Jewells SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Grover Jewells SME IPO subscription close?
Grover Jewells SME IPO subscription closed on 6 February 2026. No new applications are accepted after the close.
What is Grover Jewells SME IPO GMP today?
GMP for Grover Jewells SME IPO is not available yet. Track Grover Jewells SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Grover Jewells SME IPO issue price and lot size?
Grover Jewells SME IPO issue price is ₹88 per share. Lot size is 1600 shares. Minimum investment is ₹2,81,600 per lot (minimum 2 lots for SME). Issue size: ₹32.13 Cr.
When is Grover Jewells SME IPO listing date?
Grover Jewells SME IPO listing date is 11 February 2026 on NSE and BSE. Allotment is on 9 February 2026.
How does subscription affect Grover Jewells SME IPO allotment?
In Grover Jewells SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 19.24x overall, competition is high.
For allotment results from 9 February 2026, visit the Grover Jewells SME IPO Allotment Status page. For listing day updates on 11 February 2026, download the IPOwiz App.
Sources
We match Grover Jewells SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.