
Value 360 Communications SME IPO Subscription Status
The Value 360 Communications SME IPO closed on 6 May 2026 with an overall subscription of 1.25x based on shares applied. QIB demand came in at 17.00x, NII at 1.43x, and retail at 0.77x.
Allotment will be finalised on 7 May 2026. The stock is scheduled to list on NSE and BSE on 11 May 2026.
Issue Price
Rs 98.00
GMP Today
-
Overall Subscription
1.25x
Issue Size
₹41.69 Cr
Allotment Date
7 May 2026
Listing Date
11 May 2026
Value 360 Communications SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 98.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 70.56 L | Rs 12.00 Cr | 17.00x |
| FII | - | Rs 12.00 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | - | - |
| NII | Rs 11.54 Cr | Rs 16.45 Cr | 1.43x |
| bNII (above Rs 10L) | Rs 7.69 Cr | Rs 12.34 Cr | 1.60x |
| Corporate | - | Rs 4.20 Cr | - |
| Individual | - | Rs 5.63 Cr | - |
| Other | - | Rs 2.50 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 3.85 Cr | Rs 4.12 Cr | 1.07x |
| Corporate | - | Rs 3.53 L | - |
| Individual | - | Rs 4.01 Cr | - |
| Other | - | Rs 7.06 L | - |
| IND | Rs 27.35 Cr | Rs 21.05 Cr | 0.77x |
| Total | Rs 39.60 Cr | Rs 49.50 Cr | 1.25x |
Value 360 Communications SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 60 | 1 | 0.02x |
| FII | - | 1 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | - | - |
| NII | 327 | 149 | 0.46x |
| bNII (above Rs 10L) | 218 | 56 | 0.26x |
| Corporate | - | 3 | - |
| Individual | - | 52 | - |
| Other | - | 1 | - |
| sNII (Rs 2L to Rs 10L) | 109 | 93 | 0.85x |
| Corporate | - | 1 | - |
| Individual | - | 90 | - |
| Other | - | 2 | - |
| IND | 1,163 | 895 | 0.77x |
| Total | 1,550 | 1,045 | 0.67x |
What Do These Subscription Numbers Mean?
A subscription of 1.25x means the IPO received bids for 1 times the number of shares available. For every 1 applications, only 1 can receive an allotment.
Here is what each category number tells you:
QIB at 17.00x: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 17.00x, it reflects serious institutional conviction.
NII at 1.43x: NII includes high net worth individuals applying above Rs 2 lakh. At 1.43x, allotment probability for NII applicants is very low. The bNII segment came in at 1.60x and sNII at 1.07x.
Retail at 0.77x: Retail investors applying up to Rs 2 lakh saw 0.77x subscription. Allotment in the retail category is done by lottery when oversubscription exceeds 1x. At 0.77x, the probability of allotment for a single retail application is roughly 1 in 1.
Value 360 Communications SME IPO Allotment Chances
Based on the final subscription data, here is a realistic view of allotment probability by category.
Retail Category: Retail subscription came in at 0.77x based on shares applied and 0.77x based on applications. In the retail category, SEBI mandates a minimum of one lot per applicant when possible. Allotment is done by lottery. Applying from multiple accounts does not improve individual chances but increases household probability if each account is eligible.
NII Category: NII allotment is proportional, not by lottery. At 1.43x, an NII applicant applying for the minimum NII lot can expect a very small proportional allotment. Larger NII applications receive proportionally more shares but the effective return per rupee invested is diluted significantly at this oversubscription level.
QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.
Check the Value 360 Communications SME IPO Allotment Status page from 7 May 2026 for your allotment result.
Value 360 Communications SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 4 May 2026 | 17.00x | 0.40x | 0.06x | 0.47x |
| Day 2 - 5 May 2026 | 17.00x | 0.51x | 0.17x | 0.57x |
| Day 3 - 6 May 2026 | 17.00x | 1.24x | 0.77x | 1.20x |
Value 360 Communications SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 4 May 2026 |
| IPO Close Date | 6 May 2026 |
| Allotment Date | 7 May 2026 |
| Refund Initiation | 8 May 2026 |
| Share Credit to Demat | 8 May 2026 |
| Listing Date | 11 May 2026 |
| Minimum Investment | Rs 2,35,200.00 |
| Lot Size | 1200 shares |
About Value 360 Communications 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.
Value 360 Communications SME IPO GMP Today
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Value 360 Communications SME IPO Allotment Status
Check allotment result on allotment date
Value 360 Communications SME IPO Details
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All IPO Subscription Status
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Value 360 Communications SME IPO Subscription FAQs
What is the current subscription status of Value 360 Communications SME?
Value 360 Communications SME IPO closed on 6 May 2026 with an overall subscription of 1.25x based on shares applied. QIB subscribed 17.00x, NII 1.43x, and retail 0.77x.
What are the allotment chances for retail investors?
Retail allotment chances depend on final oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When will Value 360 Communications SME allotment be finalised?
Allotment will be finalised on 7 May 2026. You can check your allotment status on the Value 360 Communications SME IPO Allotment Status page from that date.
What happens after subscription closes?
After the subscription closes, the registrar processes all applications and finalises allotment on 7 May 2026. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 11 May 2026.
Can I apply after subscription closes?
No. The subscription window closed on 6 May 2026. All applications must be submitted during the open period. Late applications are rejected automatically.
What is the difference between QIB, NII, and IND subscription?
QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. IND includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.
How does subscription affect allotment chances?
Higher oversubscription means fewer applicants receive allotment. In the retail category, allotment is by lottery. In the NII category, allotment is proportional. At 1.25x overall subscription, competition for shares is moderate.
What is the issue size and lot size for Value 360 Communications SME?
Issue size is ₹41.69 Cr. Lot size is 1200 shares. Minimum investment at the issue price of Rs 98.00 is Rs 2,35,200.00 per lot (minimum 2 lots for SME).
For allotment results from 7 May 2026, visit the Value 360 Communications SME IPO Allotment Status page. For listing day updates on 11 May 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.