Marushika Technology IPO Subscription Status
The Marushika Technology IPO has been subscribed 18.01x times overall. Retail investors have shown interest with bids for 16.51x the shares available. The Non-Institutional Investor (NII) category has been subscribed 41.35x. Qualified Institutional Buyers (QIBs) have subscribed 2.92x. Data last updated on 09 Apr, 05:27 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 12 Feb, 2026 and closes on 16 Feb, 2026. The shares are expected to list on stock exchanges on 19 Feb, 2026.
Table of Contents
Live Bidding
| Category | Offered | Applied | Bid Details | TIMES |
|---|---|---|---|---|
|
QIB
|
4,35,600 | 12,73,200 |
12,73,200
of 4,35,600
|
2.92x |
|
NII
|
3,31,200 | 1,36,94,400 |
1,36,94,400
of 3,31,200
|
41.35x |
|
Retail
|
7,70,400 | 1,27,20,000 |
1,27,20,000
of 7,70,400
|
16.51x |
| TOTAL | 15,37,200 | 2,76,87,600 |
2,76,87,600
-
|
18.01x |
Last Updated: 09 Apr 2026, 05:27 PM
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 6.1% for a single lot.
Day-wise Subscription History
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
16 Feb 2026
DAY 3
|
18.01x
|
||
|
QIB
2.92x
NII
41.35x
Retail
16.51x
|
|||
|
13 Feb 2026
DAY 2
|
0.84x
|
||
|
QIB
-x
NII
1.3x
Retail
1.12x
|
|||
|
12 Feb 2026
DAY 1
|
0.27x
|
||
|
QIB
-x
NII
0.09x
Retail
0.49x
|
|||
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Marushika Technology IPO Allotment Probability
Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change 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:
- 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.
- 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.
- 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.
- 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 market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
What is the current subscription status of Marushika Technology IPO?
As of IPO close date (16 Feb, 2026), the Marushika Technology IPO is subscribed 18.01x times. Retail category is 16.51x, and NII is 41.35x subscribed.
When is the allotment date for Marushika Technology IPO?
The allotment for Marushika Technology IPO is expected to be finalized on 17 February, 2026.
When will Marushika Technology IPO list on the stock market?
Marushika Technology is scheduled to list on BSE and NSE on 19 February, 2026.
What are the chances of getting allotment in Marushika Technology IPO?
The retail category is oversubscribed at 16.51x, meaning allotment is by lottery. Statistically, approximately 1 in 17 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 2.92x mean for Marushika Technology IPO?
Moderate — QIBs have subscribed 2.92x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Marushika Technology IPO allotment status?
After the allotment date (17 Feb, 2026), you can check your Marushika Technology 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.
Explore Marushika Technology IPO Further
Track every stage of this IPO from subscription to listing:
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