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Phychem Technologies IPO Subscription Status

Phychem Technologies IPO was subscribed 19.38 times when bidding closed on 2 Sep 2026: QIB 4.31x, NII 31.59x, Retail 20.76x.

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.

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. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 07 Sep 2026, 06:30 PM
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
bHNI — bid amount above ₹10 Lakh
1,30,88,000 644 applications 50.73
sHNI — bid amount ₹2–10 Lakh
35,90,000 578 applications 27.2
Retail 1,86,88,000 of 9,00,000 4,644 applications 20.76x
TOTAL 3,75,66,000 5,868 applications 19.38x

Phychem Technologies IPO Basis of Allotment

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

Applications
5,872
Allottees
296
Overall odds
1 out of 19
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 out of 18
bNII >₹10L
644 43 1 out of 14
sNII <₹10L
578 22 1 out of 26
Retail 20.64x subscribed 4,644 225 1 out of 19
TOTAL 15.15x subscribed 5,872 296 1 out of 19

Phychem Technologies IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 10
~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 out of 16
~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 out of 10
~9.9% chance — 644 applicants for 64 allotment slots. Lottery allots the minimum NII application of 2 lots (₹2.2 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
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 = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

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 21 applicants will be successful.

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
02 Sep 2026
Day 3
19.38x ▼
QIB4.31x NII31.59x Retail20.76x
01 Sep 2026
Day 2
1.9x ▼
QIB3.53x NII1.22x Retail1.38x
31 Aug 2026
Day 1
1.17x ▼
QIB3.53x NII0.46x Retail0.25x

Phychem Technologies SME IPO dates

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

Key dates Listed
  1. Open 31 Aug 2026
  2. Close 02 Sep 2026
  3. Allotment 03 Sep 2026
  4. Refund/credit 04 Sep 2026
  5. Listing 07 Sep 2026

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 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.

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

Total
19.38x
QIB
4.31x
NII
31.59x
Retail
20.76x
Full IPO details