NSB BPO Solutions IPO Sees Weak Demand, Subscribed 0.04x by Day 3

NSB BPO Solutions Limited's initial public offering (IPO) recorded weak investor interest through its final day of subscription. Priced at ₹140-147 per share, the IPO received bids worth ₹2.60 crore, reaching 0.04 times the total issue size of ₹77.91 crore as of September 25, 2025, 5:04:44 PM.

NSB BPO Solutions IPO Individual investors led with a minimal 0.06 times subscription, while non-institutional investors participated at just 0.01 times. Qualified institutional buyers recorded 0.00 times participation across all three days, whereas market makers showed full participation at 1.00 times.

IPO Subscription Status

Detailed Subscription (Day 3)

Key Highlights - Day 3:

• Overall subscription reached weak 0.04 times, showing marginal improvement from day two's 0.02 times but remaining extremely poor
• Individual investors displaying minimal confidence at 0.06 times, building slightly from day two's 0.03 times but indicating very weak retail sentiment
• Non-institutional investors showing minimal performance at 0.01 times, declining from day one's 0.11 times and remaining virtually absent
• Qualified institutional buyers showing no participation at 0.00 times throughout all three days, indicating complete institutional disinterest
• Total applications reached only 81, indicating extremely low investor participation for this SME IPO
• Cumulative bid amount reached ₹2.60 crores, representing only 3% of the issue size of ₹77.91 crores

Key Highlights - Day 2:

• Overall subscription reached weak 0.02 times, declining from day one's 0.06 times showing deteriorating investor interest
• Individual investors displaying minimal confidence at 0.03 times, building slightly from day one's 0.02 times
• Non-institutional investors showing minimal performance at 0.01 times, declining substantially from day one's 0.11 times
• Qualified institutional buyers showing no participation at 0.00 times, remaining unchanged from day one

Key Highlights - Day 1:

• Overall subscription reached weak 0.06 times, showing poor initial investor interest in this SME BPO IPO
• Non-institutional investors showing limited performance at 0.11 times, being the only category with some initial interest
• Individual investors displaying minimal confidence at 0.02 times, showing very weak retail sentiment
• Qualified institutional buyers showing no participation at 0.00 times from opening day

About NSB BPO Solutions Ltd.

Incorporated in 2005, NSB BPO Solutions Limited is a business process outsourcing company specialising in customer care, telesales, document digitisation, application processing, payroll management, and FMCG trading services, serving telecommunications, banking, financial services, insurance, e-retail, and government sectors.