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Bajaj
Listed SME

Dhaval Packaging IPO Subscription Status

Dhaval Packaging IPO was subscribed 46.56 times when bidding closed on 3 Aug 2026: QIB 56.38x, NII 55.5x, Retail 40.28x.

The Dhaval Packaging IPO has been subscribed 46.56x times overall. Retail investors have shown interest with bids for 40.28x the shares available. The Non-Institutional Investor (NII) category has been subscribed 55.5x. Within NII, Big HNI (B-HNI) subscribed 89.44x and Small HNI (S-HNI) subscribed 48.36x. Qualified Institutional Buyers (QIBs) have subscribed 56.38x. Data last updated on 03 Sep, 02:49 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 30 Jul, 2026 and closes on 03 Aug, 2026. The shares are expected to list on stock exchanges on 06 Aug, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Last updated 03 Sep 2026, 02:49 PM
Category Bid details Times
QIB 3,87,66,000 of 6,87,600 27 applications 56.38x
NII 3,91,58,400 of 7,05,600 5,043 applications 55.5x
Retail 4,85,30,400 of 12,04,800 20,093 applications 40.28x
Employee 93,600 of 1,20,000 21 applications 0.78x
TOTAL 12,65,48,400 25,184 applications 46.56x

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 41 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 56.38x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
03 Aug 2026
Day 3
46.56x ▼
QIB56.38x NII55.5x Retail40.28x
31 Jul 2026
Day 2
1.36x ▼
QIB1.05x NII1.31x Retail1.67x
30 Jul 2026
Day 1
0.45x ▼
QIB- NII0.76x Retail0.56x

Dhaval Packaging SME IPO dates

From the bidding window to listing. Today is 23 October.

Key dates Listed
  1. Open 30 Jul 2026
  2. Close 03 Aug 2026
  3. Allotment 04 Aug 2026
  4. Refund/credit TBA
  5. Listing 06 Aug 2026

Dhaval Packaging IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 in 21
~5% chance per PAN — 20,093 applicants for 1,004 allotment slots. Winners get exactly 1 lot (₹1.2 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 32
~3.2% chance — 2,270 applicants for 72 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.3 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 90
~1.1% chance — 2,773 applicants for 31 allotment slots. Lottery allots the minimum B-HNI application of 9 lots (₹10.5 L) per winner; the rest is proportionate.
QIB (institutions)
56.38x
Proportionate allotment — at 56.38x, institutions receive ~1.8% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Dhaval Packaging IPO?

As of IPO close date (03 Aug, 2026), the Dhaval Packaging IPO is subscribed 46.56x times. Retail category is 40.28x, and NII is 55.5x subscribed.

When is the allotment date for Dhaval Packaging IPO?

The allotment for Dhaval Packaging IPO is expected to be finalized on 04 August, 2026.

What is the GMP of Dhaval Packaging?

The Grey Market Premium (GMP) for Dhaval Packaging is currently ₹12, indicating a potential listing gain of 12.37%.

When will Dhaval Packaging IPO list on the stock market?

Dhaval Packaging is scheduled to list on BSE and NSE on 06 August, 2026.

What are the chances of getting allotment in Dhaval Packaging IPO?

The retail category is oversubscribed at 40.28x, meaning allotment is by lottery. Statistically, approximately 1 in 41 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 56.38x mean for Dhaval Packaging IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 56.38x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Dhaval Packaging IPO allotment status?

After the allotment date (04 Aug, 2026), you can check your Dhaval Packaging IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
46.56x
QIB
56.38x
NII
55.5x
Retail
40.28x
Full IPO details