Prodocs Solutions IPO Shows Modest Response, Subscribed 2.66x on Day 3

Prodocs Solutions Limited's initial public offering (IPO) has demonstrated modest investor interest through its third day of subscription. The stock price band is set at ₹131-138 per share. The ₹27.60 crore IPO reached 2.66 times by 5:23:10 PM on day three. 
Prodocs Solutions IPO non-institutional investors segment leads with strong 4.61 times subscription. Individual investors demonstrate moderate participation at 2.38 times. Qualified institutional buyers display moderate interest at 1.59 times. 

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Prodocs Solutions IPO subscription reached modest 2.66 times on day three. It was led by Non-Institutional Investors (4.61x), Individual Investors (2.38x), and Qualified Institutional Buyers Ex-Anchor (1.59x). Total applications reached 921.

Subscription Status of Prodocs Solutions IPO:

Here are the subscription details for Prodocs Solutions IPO as of Day 3 (December 10, 2025, 5:23:10 PM):

Key Highlights - Day 3:

• Overall subscription reached modest 2.66 times, showing substantial improvement from day two's 0.54 times
• Individual investors showing moderate confidence at 2.38 times, building substantially from day two's 0.35 times, indicating improved retail interest for this SME IPO
• Qualified institutional buyers (ex-anchor) showing moderate performance at 1.59 times, improving from day two's 0.00 times, indicating measured institutional interest
• Total applications reached 921, showing limited investor participation for this SME IPO
• Cumulative bid amount reached ₹49.31 crores, exceeding the net offer size of ₹26.22 crores (excluding anchor and market maker portions) by approximately 1.9 times
• Market makers fully subscribed their allocation of ₹1.38 crores

Prodocs Solutions IPO - Day 2 Subscription at 0.54 Times

Key Highlights - Day 2:

• Overall subscription reached weak 0.54 times, showing modest improvement from day one's 0.35 times
• Non-institutional investors showing moderate performance at 1.64 times, marginally improving from day one's 1.38 times
• Individual investors displaying weak confidence at 0.35 times, building from day one's 0.09 times
• Qualified institutional buyers showing negligible participation at 0.00 times, maintaining from day one's 0.00 times

Prodocs Solutions IPO - Day 1 Subscription at 0.35 Times

Key Highlights - Day 1:

• Overall subscription reached weak 0.35 times, showing cautious initial investor interest
• Non-institutional investors showing moderate performance at 1.38 times, indicating measured HNI appetite
• Individual investors displaying negligible confidence at 0.09 times, showing very weak retail sentiment
• Qualified institutional buyers showing negligible participation at 0.00 times, indicating no institutional interest

About Prodocs Solutions Limited

Incorporated in March 2019, Prodocs Solutions Limited is engaged in the IT-enabled services (ITES/BPO) business, primarily operating in the non-voice BPO segment. The company is a diverse non-voice BPO, providing a wide spectrum of services ranging from indexing services, title services, e-publishing, and other business services comprising finance and accounting and litigation support. The company's workforce of over 1,000 employees is mainly located in Mumbai at its delivery facility. This infrastructure enables them to maintain operational excellence and efficiency while meeting clients' evolving demands. The company is certified with ISO 9001:2015 for Quality Management, ISO 14001:2015 for Environment Management and ISO 27001:2022 for Information Security Management, ensuring that all services comply with rigorous international standards of excellence, reliability, and data protection. Services include title services, e-publishing services, and indexing services.