Foreign investors pulled ₹52,100 crore from Indian shares in October so far
Net selling this year has reached about ₹3.12 lakh crore, almost double the outflow for all of 2025.
Price band
₹275–289
Issue size
₹702 cr
Fresh ₹500 cr, offer for sale ₹202 cr
Lot size
51 shares
₹14,739 per lot
Subscribed
4.45x
As of 16-Oct-2026 19:00:00
Issue type
100% Book Building
Bidding opens
Wed, 14 Oct
Bidding closes
Fri, 16 Oct
Allotment finalised
Mon, 19 Oct
Expected (T+3)
Refunds and demat credit
Wed, 21 Oct
Expected (T+3)
Listing on exchange
Thu, 22 Oct
Expected (T+3)
Times the shares reserved for each category, NSE and BSE combined. As of 16-Oct-2026 19:00:00 IST.
Bar lengths use a log scale so small and large multiples can be read together.
₹14,739
51 shares at ₹289 (upper end of the band)
Retail applicants can bid up to ₹2 lakh: 13 lots at this price.
Initial Public Offer comprising of Fresh Issue aggregating upto Rs. 5000 million and Offer for Sale aggregating upto Rs.2020 million (including Anchor reservation portion of 1,09,30,795 Equity Shares)
Calculated at ₹289 per share from the issue size NSE publishes.
KFin Technologies Limited
Williams R, +91 40 6716 2222, fusion.ipo@kfintech.com
Source: NSE public issue data, fetched 20 Oct, 03:47 am IST; prices from NSE end-of-day files. Expected dates follow SEBI’s T+3 timetable and NSE’s trading holidays. This is information, not investment advice.
Net selling this year has reached about ₹3.12 lakh crore, almost double the outflow for all of 2025.
Investment grew 11.9%, about double the pace of a year earlier, while farm growth slowed.
Manufacturing rose 9% and electricity 12.3%, while mining shrank 5.6%.