IPO market

Munish Forge IPO is a SME book building IPO. Issue size is 73.92 Cr. Price band is ₹91 to ₹96 per share. Minimum investment is ₹2.30 L. Lot size is 1200 shares. Open from 30 Sept 2025 to 3 Oct 2025. Allotment on 6 Oct 2025. Listing on 8 Oct 2025 at NSE. Managed by Gretex Corporate Services Ltd. Registrar: Skyline Financial Services Private Ltd. Key details for GMP, subscription, price, allotment, and listing in one place.
Live IPO subscription for Munish Forge IPO across categories. Total demand ₹1.85 Cr vs offered ₹73.15 L.
| Category | Offered | Placed | Times |
|---|---|---|---|
| QII | 36,56,400 | 59,18,400 | 1.62 |
| NII | 10,98,000 | 57,40,800 | 5.23 |
| NII (>10L) | 7,32,000 | 47,25,600 | 6.46 |
| NII (<10L) | 3,66,000 | 10,15,200 | 2.77 |
| Retail | 25,60,800 | 68,01,600 | 2.66 |
| Total | 1,84,60,800 | 73,15,200 | 2.52 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 201 | 399 | 1.99 |
| HNI (3-10L) | 101 | 279 | 2.76 |
| Retail | 1,067 | 2,834 | 2.66 |
| Total | 3,512 | 1,369 | 2.57 |
How to read QIB / NII / Retail demand and what it implies.