Tipco Engineering SME IPO Subscription Status
Tipco Engineering SME IPO closed on 25 March 2026 with an overall subscription of 1.95x based on shares applied. QIB demand came in at 3.20x, NII at 3.29x, and retail at 0.66x.
Allotment will be finalised on 27 March 2026. The stock is scheduled to list on NSE and BSE on 1 April 2026.
Issue Price
Rs 89.00
GMP Today
-
Overall Subscription
1.95x
Issue Size
₹51.46 Cr
Allotment Date
27 Mar 2026
Listing Date
1 Apr 2026
Tipco Engineering SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 89.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 10.30 Cr | Rs 32.98 Cr | 3.20x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 32.98 Cr | - |
| NII | Rs 7.78 Cr | Rs 25.59 Cr | 3.29x |
| bNII (above Rs 10L) | Rs 5.18 Cr | Rs 23.67 Cr | 4.57x |
| Corporate | - | Rs 9.09 Cr | - |
| Individual | - | Rs 58.38 L | - |
| Other | - | Rs 14.00 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 2.59 Cr | Rs 1.92 Cr | 0.74x |
| Corporate | - | - | - |
| Individual | - | Rs 1.88 Cr | - |
| Other | - | Rs 4.27 L | - |
| IND | Rs 18.08 Cr | Rs 12.02 Cr | 0.66x |
| Fixed price | - | Rs 12.02 Cr | - |
| Total | Rs 36.16 Cr | Rs 70.59 Cr | 1.95x |
Tipco Engineering SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 723 | 2 | 0.00x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 2 | - |
| NII | 182 | 48 | 0.26x |
| bNII (above Rs 10L) | 121 | 7 | 0.06x |
| Corporate | - | 1 | - |
| Individual | - | 5 | - |
| Other | - | 1 | - |
| sNII (Rs 2L to Rs 10L) | 61 | 41 | 0.67x |
| Corporate | - | - | - |
| Individual | - | 40 | - |
| Other | - | 1 | - |
| IND | 635 | 422 | 0.66x |
| Fixed price | - | 422 | - |
| Total | 1,540 | 472 | 0.31x |
What Do These Subscription Numbers Mean?
A subscription of 1.95x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 3.20x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 3.20x, it reflects serious institutional conviction.
NII at 0.26x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.06x and sNII at 0.67x by applications. Share subscription was 3.29x. Allotment uses application count, not share volume.
null Retail allotment is done by lottery when oversubscribed.
Tipco Engineering SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 0.66x.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 0.67x.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.06x.
- •Share subscription was 4.57x. Allotment uses application count, not share volume.
Check the Tipco Engineering SME IPO Allotment Status page from 27 March 2026 for your allotment result.
Tipco Engineering SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Mar 2026 | 1.00x | 0.01x | 0.01x | 0.29x |
| Day 2 - 24 Mar 2026 | 1.00x | 0.01x | 0.03x | 0.30x |
| Day 3 - 25 Mar 2026 | 3.20x | 2.12x | 0.66x | 1.70x |
Tipco Engineering SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 March 2026 |
| IPO Close Date | 25 March 2026 |
| Allotment Date | 27 March 2026 |
| Refund Initiation | 28 March 2026 |
| Share Credit to Demat | 28 March 2026 |
| Listing Date | 1 April 2026 |
| Minimum Investment | Rs 2,84,800.00 |
| Lot Size | 1600 shares |
About Tipco Engineering 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Tipco Engineering SME IPO Subscription FAQs
What is Tipco Engineering SME IPO subscription status today?
Tipco Engineering SME IPO subscription closed on 25 March 2026 with overall subscription of 1.95x (by shares) as of 13 July 2026, 11:47 AM IST. QIB 3.20x, NII 0.26x, IND 0.66x.
What is the overall subscription of Tipco Engineering SME IPO?
Tipco Engineering SME IPO is subscribed 1.95x overall by shares at close on 25 March 2026. QIB 3.20x, NII 0.26x, and IND 0.66x.
What is Tipco Engineering SME IPO QIB subscription?
Tipco Engineering SME IPO QIB (Qualified Institutional Buyers) subscription is 3.20x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Tipco Engineering SME IPO IND subscription?
Tipco Engineering SME IPO IND subscription is 0.66x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Tipco Engineering SME IPO NII subscription?
Tipco Engineering SME IPO NII (Non-Institutional Investors) subscription is 0.26x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Tipco Engineering SME IPO for retail?
Tipco Engineering SME IPO retail allotment chances depend on final application oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When is Tipco Engineering SME IPO allotment date?
Tipco Engineering SME IPO allotment date is 27 March 2026. Check Tipco Engineering SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Tipco Engineering SME IPO subscription close?
Tipco Engineering SME IPO subscription closed on 25 March 2026. No new applications are accepted after the close.
What is Tipco Engineering SME IPO GMP today?
GMP for Tipco Engineering SME IPO is not available yet. Track Tipco Engineering SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Tipco Engineering SME IPO issue price and lot size?
Tipco Engineering SME IPO issue price is ₹89 per share. Lot size is 1600 shares. Minimum investment is ₹2,84,800 per lot (minimum 2 lots for SME). Issue size: ₹51.46 Cr.
When is Tipco Engineering SME IPO listing date?
Tipco Engineering SME IPO listing date is 1 April 2026 on NSE and BSE. Allotment is on 27 March 2026.
How does subscription affect Tipco Engineering SME IPO allotment?
Allotment odds in Tipco Engineering SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.95x overall, competition is moderate.
For allotment results from 27 March 2026, visit the Tipco Engineering SME IPO Allotment Status page. For listing day updates on 1 April 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.