Msafe SME IPO
Alloted
No company information available
Issue Price
123
Current GMP
₹26 (21.14%)
Overall Subscription
166.81x
Issue Size
₹62.75 Cr
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Live Subscription by Application
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,017 | 103 | 0.10x |
FII | - | 27 | - |
DFI | - | 4 | - |
MF | - | 0 | - |
Other | - | 72 | - |
| NII | 258 | 33,712 | 130.67x |
bNII | 172 | 21,095 | 122.65x |
Corporate | - | 213 | - |
Individual | - | 20,622 | - |
Other | - | 260 | - |
sNII | 86 | 12,617 | 146.71x |
Corporate | - | 61 | - |
Individual | - | 12,409 | - |
Other | - | 147 | - |
| IND | 893 | 1,18,910 | 133.16x |
Fixed price | - | 1,18,910 | - |
| Total | 2,168 | 1,52,725 | 70.45x |
Live Subscription by Shares
| Category | Shares Offered | Shares Applied | Subscription |
|---|---|---|---|
| QIB | 10.17 L | 12.00 Cr | 117.97x |
FII | - | 2.65 Cr | - |
DFI | - | 74.56 L | - |
MF | - | 0 | - |
Other | - | 8.60 Cr | - |
| NII | 7.74 L | 23.89 Cr | 308.61x |
bNII | 5.16 L | 19.68 Cr | 381.43x |
Corporate | - | 22.37 L | - |
Individual | - | 19.22 Cr | - |
Other | - | 24.17 L | - |
sNII | 2.58 L | 4.20 Cr | 162.98x |
Corporate | - | 1.98 L | - |
Individual | - | 4.14 Cr | - |
Other | - | 4.90 L | - |
| IND | 17.86 L | 23.78 Cr | 133.16x |
Fixed price | - | 23.78 Cr | - |
| Total | 35.77 L | 59.67 Cr | 166.81x |
Subscription Summary
QIB
Shares Applied:117.97x
Applications Offered:0.10x
NII
Shares Applied:308.61x
Applications Offered:130.67x
IND
Shares Applied:133.16x
Applications Offered:133.16x
Quick Stats
Total Categories3
IPO TypeSME
StatusAllotment Out
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Join NowData Last Updated
2 Feb 2026, 10:50 am
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Understanding Subscription Categories
QIB
Qualified Institutional Buyers
Includes FII, DFI, Mutual Funds, and other qualified institutions.
NII
Non-Institutional Investors
High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).
IND
Individual Investors
Individual investors in SME IPOs up to ₹2 lakh.
Frequently Asked Questions
What is the current subscription status of Msafe SME?
The current overall subscription for Msafe SME is 166.81x. This indicates the total demand relative to the shares offered. Higher subscription typically suggests strong investor interest.
How to check Msafe SME subscription status?
You can check Msafe SME subscription status on IPOwiz, BSE website, NSE website, or your broker's platform. Subscription data is updated regularly during the IPO period from 28 January 2026 to 30 January 2026.
What do subscription numbers mean?
Subscription numbers show how many times the IPO is oversubscribed. For example, 166.81x means the IPO received 166.81x times more applications than shares available. Higher subscription in retail category generally means lower allotment chances.
When does Msafe SME subscription close?
The subscription for Msafe SME closes on 30 January 2026. Applications must be submitted before the closing time on this date. Late applications will not be accepted.
What is the difference between QIB, NII, and Individual (IND) subscription?
QIB (Qualified Institutional Buyers) includes mutual funds, FIIs, and other institutions. NII (Non-Institutional Investors) includes high net-worth individuals investing above ₹2 lakh. Individual (IND) includes individual investors with applications up to ₹2 lakh. Each category has separate subscription quotas.
How does subscription affect allotment chances?
Higher subscription in your category means lower allotment chances. For example, if retail subscription is 166.81x, it means there are 166.81x times more applications than shares available, making allotment competitive.
When will Msafe SME allotment be finalized?
The allotment for Msafe SME will be finalized and announced on 2 February 2026. You can check your allotment status on the registrar's website, BSE, NSE, or your demat account after this date.
What happens after subscription closes?
After subscription closes on 30 January 2026, the company and registrar process all applications. Allotment is finalized by 2 February 2026, and shares are credited to successful applicants' demat accounts before the listing date on 4 February 2026.
Can I apply after subscription closes?
No, you cannot apply after the subscription closes on 30 January 2026. All IPO applications must be submitted during the subscription period from 28 January 2026 to 30 January 2026. Late applications are automatically rejected.
What is the issue size and lot size for Msafe SME?
The issue size for Msafe SME is ₹62.75 Cr, and the lot size is 1000 shares. The price range is ₹116.0 - ₹123.0. You must apply in multiples of the lot size.