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Phychem Technologies IPO Subscription Status

The Phychem Technologies IPO has been subscribed 19.38x times overall. Retail investors have shown interest with bids for 20.76x the shares available. The Non-Institutional Investor (NII) category has been subscribed 31.59x. Within NII, Big HNI (B-HNI) subscribed 50.73x and Small HNI (S-HNI) subscribed 27.2x. Qualified Institutional Buyers (QIBs) have subscribed 4.31x. Data last updated on 07 Sep, 06:30 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 31 Aug, 2026 and closes on 02 Sep, 2026. The shares are expected to list on stock exchanges on 07 Sep, 2026.

Total Subscription
19.38 x

5,868 applications

QIB 4.31x
NII 31.59x
Retail 20.76x

Live Bidding

Category Bid Details TIMES
QIB
22,00,000
of 5,10,000
2 applications
4.31x
NII
1,66,78,000
of 5,28,000
1,222 applications
31.59x
Retail
1,86,88,000
of 9,00,000
4,644 applications
20.76x
TOTAL
3,75,66,000
5,868 applications
-
19.38x

Last Updated: 07 Sep 2026, 06:30 PM

Phychem Technologies IPO Basis of Allotment

Final figures published by the registrar, after technical rejections. Allotment price ₹54.

FINAL
Applications
5,872
Allottees
296
Overall Odds
1 in 20
Amount Collected
₹209 Cr
Category Apps Got Odds
QIB
2.90x subscribed
6 6 All
Ex. Anchor
2 2 All
Anchor
4 4 All
NII (HNI)
42.43x subscribed
1,222 65 1 in 19
bNII >₹10L
644 43 1 in 15
sNII <₹10L
578 22 1 in 26
Retail
20.64x subscribed
4,644 225 1 in 21
TOTAL
15.15x subscribed
5,872 296 1 in 20
Subscription Insights

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 21 applicants will be successful.

Day-wise Subscription History

Subscription trends over the last 3 days

Date Total
02 Sep 2026 DAY 3
19.38x
QIB 4.31x
NII 31.59x
Retail 20.76x
01 Sep 2026 DAY 2
1.9x
QIB 3.53x
NII 1.22x
Retail 1.38x
31 Aug 2026 DAY 1
1.17x
QIB 3.53x
NII 0.46x
Retail 0.25x
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Phychem Technologies IPO Allotment Probability

Retail (up to ₹2 L)
1 in 11
~9.7% chance per PAN — 4,644 applicants for 450 allotment slots. Winners get exactly 1 lot (₹1.1 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 18
~5.7% chance — 578 applicants for 33 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 54
~1.9% chance — 644 applicants for 12 allotment slots. Lottery allots the minimum B-HNI application of 10 lots (₹10.8 L) per winner; the rest is proportionate.
QIB (institutions)
4.31x
Proportionate allotment — at 4.31x, institutions receive ~23.2% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

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:

  • 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 Phychem Technologies IPO?

As of IPO close date (02 Sep, 2026), the Phychem Technologies IPO is subscribed 19.38x times. Retail category is 20.76x, and NII is 31.59x subscribed.

When is the allotment date for Phychem Technologies IPO?

The allotment for Phychem Technologies IPO is expected to be finalized on 03 September, 2026.

What is the GMP of Phychem Technologies?

The Grey Market Premium (GMP) for Phychem Technologies is currently ₹1, indicating a potential listing gain of 1.85%.

When will Phychem Technologies IPO list on the stock market?

Phychem Technologies is scheduled to list on BSE and NSE on 07 September, 2026.

What are the chances of getting allotment in Phychem Technologies IPO?

The retail category is oversubscribed at 20.76x, meaning allotment is by lottery. Statistically, approximately 1 in 21 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 4.31x mean for Phychem Technologies IPO?

Moderate — QIBs have subscribed 4.31x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Phychem Technologies IPO allotment status?

After the allotment date (03 Sep, 2026), you can check your Phychem Technologies 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 Phychem Technologies IPO Further

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