Twinkle Papers IPO Subscription Status

BSE SME
Offer Date: TBA - TBA
Minimum investment
₹ 2,76,000 4000 shares
View IPO details

Data sourced from BSE · Compiled by IPO Ji · IPO subscription data last updated

Total 0.29x·QIB 2.09x·NII 0.13x·Individual 0.26x

Individual allotment likelyhigh allotment chance

Individual is currently subscribed 0.26× by applications, so individual applicants are likely to receive a full allotment, subject to the issue achieving its minimum subscription.

Twinkle Papers Limited SME IPO was subscribed 0.29x in total when bidding closed on null, with 2.09x in the QIB category, 0.13x in NII, 0.26x in individual across BSE. The issue closed undersubscribed, with applications falling short of the shares on offer. The issue ran from null to null at a price band of ₹64–₹69 per share.

QIB2.09xNII0.13xIndividual0.26xTotal0.29x1x
Times subscribed by category against the 1× fully-subscribed line (bars capped at 10×).
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Subscription Details (No. of Shares)

Category Offer Applied Times
QIBs 190000 398000 2.09
NIIs 1798000 234000 0.13
BNIIs (>10L) 1198667 216000 0.18
SNIIs (<10L) 599333 18000 0.03
Individual 1800000 460000 0.26
Total 3788000 1092000 0.29
Total Applications122 approx.

Application Wise Breakup (Approx.)

Category Reserve Applied Times
BNIIs (>10L) 200 2 0.01
SNIIs (<10L) 100 3 0.03
Individual 450 115 0.26
Total Applications122 approx.

Subscription Details (In Crores)

Category Offered Demand Times
QIBs 1.31 2.75 2.09
FIIs - 1.26 -
DIIs - 0.00 -
Mutual Funds - 0.00 -
Others - 1.49 -
NIIs 12.41 1.61 0.13
BNIIs (>10L) 8.27 1.49 0.18
SNIIs (<10L) 4.14 0.12 0.03
Individual 12.42 3.17 0.26
TOTAL 26.14 7.53 0.29

Day-wise subscription

Total subscription trend0.08x to 0.29x+0.21x
0.00x1.00x1x0.08xDay 10.29xDay 2
As on QIB
NII
bHNI
sHNI
Individual Total
Day 1
29 Jun 2026
5:00 PM
0.00x
0.00x
0.00x
0.01x
0.17x 0.08x
Day 2
30 Jun 2026
5:00 PM
2.09x
0.13x
0.18x
0.03x
0.26x 0.29x

Subscription by number of applications

Anticipated subscription based on the number of applications received (an alternative to the shares-based figures above), sourced from BSE.

CategoryTimes (by applications)
bHNI0.01x
sHNI0.03x
Individual0.26x
Total applications~122

What this means for allotment & listing

As the issue closed below 1x, applicants who bid had a higher chance of receiving a full allotment, subject to the issue having achieved its minimum subscription. In oversubscribed issues, shares are allotted according to the applicable category and exchange rules, so applicants are not guaranteed full allotment once an issue is oversubscribed. The number of times each category is subscribed is one indicator of demand, alongside the company's fundamentals and the broader market.

A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice. Investors should read the company's prospectus and consult a SEBI-registered adviser before making any decision.

Listed at BSE SME · Registrar: Alankit Assignments Limited · Bidding data sourced from the BSE public-issue platform under SEBI ICDR regulations.

IPO subscription status shows how many times an issue has been applied for, compared with the shares on offer, broken down by Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and the Retail or SME Individual Investor category. A figure of "2x" means investors applied for twice the shares available. See how IPO subscription works and track all live IPOs →

Twinkle Papers IPO subscription FAQs

Twinkle Papers Limited IPO was subscribed 0.29x at close on null, with 2.09x in QIB, 0.13x in NII, 0.26x in individual.

Not yet. Twinkle Papers IPO was subscribed 0.29x, which is below 1x. Subscription often rises on the final day of bidding.

Twinkle Papers IPO has a price band of ₹64–₹69 per share, with a minimum individual investor application of ₹2,76,000 for 4000 shares.

It means investors have applied for X times the number of shares the company is offering. For example, 5x means demand was five times the shares available. A figure above 1x is called oversubscription; below 1x is undersubscription.

No. The higher an issue is oversubscribed, the lower each applicant’s chance of allotment. SME shares are allotted according to the applicable Individual Investor, NII and exchange rules, so oversubscription does not guarantee full allotment.

QIB covers qualified institutions. Under the current SME IPO framework, an Individual Investor applies for the minimum application size of two lots above ₹2 lakh, while applicants bidding for more than two lots are classified in the NII category. Each category has its own reserved portion and allotment rules.

IPO Ji updates subscription figures through the bidding day using data sourced from BSE. The "Last updated" time shown on the page reflects the most recent refresh.

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