Acme India Industries ₹122 crore IPO closes for bids today; it was 3.76 times subscribed after day 3
The Acme India Industries SME IPO takes bids until 5 PM on 6 October 2026. Issue size, price band, minimum application, key dates and category-wise subscription as of 5:04 PM on 5 October.
Acme India Industries Limited’s initial public offering (IPO, the first sale of its shares to the public) closes for bids on 6 October 2026, with bidding open until 5 PM. The issue is worth about ₹122 crore, with a price band of ₹186 to ₹196 per share, and individual investors must apply for at least 2 lots of 600 shares each, which is 1,200 shares or ₹2,35,200 at the top of the band. As of 5:04 PM on 5 October, the third day of bidding, the issue was 3.76 times subscribed overall, according to Chittorgarh and HDFC Sky. Final closing-day figures were not available when this article was written.
The shares will be listed on the SME platform of BSE, the section of the exchange for small and medium enterprises.
Issue terms
| Item | Detail |
|---|---|
| Total issue | Up to 62,08,800 shares of face value ₹10 each, about ₹121.69 crore at the top of the band |
| Fresh issue (new shares sold by the company) | 54,07,200 shares, about ₹105.98 crore at the top of the band |
| Offer for sale (existing shares sold by the promoter, Suraj Pandey) | 8,01,600 shares, about ₹15.71 crore at the top of the band |
| Reserved for the market maker (a firm that quotes buy and sell prices after listing) | 3,14,400 shares |
| Price band | ₹186 to ₹196 per share |
| Lot size | 600 shares |
| Lead manager / registrar | Hem Securities Limited / Bigshare Services Private Limited |
In the red herring prospectus (the offer document filed before the issue opens), the company said the shares on offer are allocated as: not more than 29,44,800 for qualified institutional buyers (QIBs, such as mutual funds and insurers), not less than 8,85,600 for non-institutional investors (other investors bidding above the individual limit), and not less than 20,64,000 for individual investors.
Subscription by category (as of 5:04 PM, 5 October 2026)
| Category | Times subscribed |
|---|---|
| Qualified institutional buyers (excluding anchor investors) | 5.70x |
| Non-institutional investors | 3.36x |
| Individual (retail) investors | 2.82x |
| Overall | 3.76x |
A subscription multiple compares the number of shares bid for with the number reserved for that category. The overall multiple was 1.76x after day 1 and 1.97x after day 2, per HDFC Sky. These are mid-issue figures and will change by the close.
Dates
| Step | Date |
|---|---|
| Anchor investor bidding (large investors who bid a day before the issue opens) | 29 September 2026 |
| Bidding opened | 30 September 2026 |
| Bidding closes | 6 October 2026 |
| Basis of allotment | 7 October 2026 |
| Refunds and credit of shares to demat accounts | 8 October 2026 |
| Listing on BSE SME | 9 October 2026 |
The anchor date and the opening and closing dates are from the prospectus; the allotment, refund, credit and listing dates are as reported by Chittorgarh.
Basis of these figures
The issue structure, share counts, category quotas and the opening, closing and anchor dates are from the company’s red herring prospectus dated 24 September 2026. The price band, lot size, rupee amounts, later dates and subscription figures come from Chittorgarh and HDFC Sky, which agree; the rupee amounts match the share counts multiplied by the ₹196 top of the band. The RHP states the minimum application for individual investors is two lots, but leaves the price and lot size blank. The exchange bid-detail page was not opened, so subscription is secondary reporting, and some other trackers showed slightly different mid-issue figures for the same day (for example 3.56x overall). The institutional multiple of 5.70x is unchanged from day 1 in Chittorgarh, HDFC Sky and IPO Watch; it excludes anchor investors, and the category multiples reproduce the 3.76x overall when weighted by the shares available to each category. This article carries no view on the company or its shares and no unofficial pre-listing price data.