Propshop Events & Exhibitions IPO Subscribed 1.51 Times on Day 3
Last Updated: 29th July 2026 - 04:37 pm
Propshop Events & Exhibitions Limited’s initial public offering (IPO) was subscribed 1.51 times by 5:24 PM on Day 3, July 29, 2026. The public issue received bids for 59.20 lakh shares against 39.24 lakh shares available for subscription. Individual Investors led the demand with a subscription of 1.73 times, while both Qualified Institutional Buyers (QIBs), excluding anchor investors, and Non-Institutional Investors (NIIs) subscribed 1.37 times each.
Subscription Status of Propshop Events & Exhibitions IPO
| Date | QIB (EX Anchor) | NII | Individual Investors | Total |
|---|---|---|---|---|
| Day 1 (July 27) | 0.00 | 0.00 | 0.10 | 0.04 |
| Day 2 (July 28) | 0.80 | 0.04 | 0.36 | 0.39 |
| Day 3 (July 29) | 1.37 | 1.37 | 1.73 | 1.51 |
Here are the subscription details for Propshop Events & Exhibitions IPO Day 3, as of 5:24 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Market Maker | 1 | 2,16,000 | 2,16,000 | 1.490 |
| QIB (Ex-Anchor) | 1.37 | 11,82,000 | 16,14,000 | 11.137 |
| NII | 1.37 | 12,06,000 | 16,50,000 | 11.385 |
| Individual Investors | 1.73 | 15,36,000 | 26,56,000 | 18.326 |
| Total | 1.51 | 39,24,000 |
59,20,000 |
40.848 |
Key Highlights – Day 3
- Overall subscription reached 1.51 times on Day 3, compared with 0.39 times on Day 2.
- Qualified Institutional Buyers (excluding anchor investors) subscribed 1.37 times, bidding for 16.14 lakh shares.
- Individual Investors subscribed 1.73 times, placing bids for 26.56 lakh shares.
- Non-Institutional Investors (NIIs) subscribed 1.37 times, with bids for 16.50 lakh shares.
- Overall, investors bid for 59.20 lakh shares against 39.24 lakh shares available in the public issue.
Key Highlights – Day 2
- Overall subscription reached 0.39 times on Day 2, compared with 0.04 times on the opening day.
- Qualified Institutional Buyers (excluding anchor investors) subscribed 0.80 times.
- Individual Investors subscribed 0.36 times.
- Non-Institutional Investors (NIIs) subscribed 0.04 times.
- Overall, investors bid for around 39% of the shares available in the public issue.
Key Highlights – Day 1
- Overall subscription stood at 0.04 times on Day 1 (July 27, 2026).
- Qualified Institutional Buyers (excluding anchor investors) did not place bids on the opening day, with the category subscribed 0.00 times.
- Individual Investors subscribed 0.10 times.
- Non-Institutional Investors (NIIs) did not receive any bids on the opening day, with the category subscribed 0.00 times.
- Overall, investors bid for around 4% of the shares available in the public issue.
About Propshop Events & Exhibitions Limited
Incorporated in August 2019, Propshop Events and Exhibitions Limited is an exhibition and trade show solutions company engaged in designing, managing, and delivering custom-built and modular exhibition booths for domestic and international events. The company provides end-to-end exhibition services, including concept design, 3D visualization, project management, fabrication, logistics, installation, on-site supervision, and post-event dismantling for clients across diverse industries.
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