Our Products
Loans
Cards
Insurance
Investment
Stock Market
Electronics Mall
CIBIL Score
Knowledge Centre
Calculators
Our Services
My Account
Do not call
En
Explore how Marushika Technology Ltd.’s IPO performed during its subscription period, including investor participation, price band details, key dates, and the step-by-step process to apply through ASBA or UPI.
The Marushika Technology Ltd. IPO opened for subscription on February 12, 2026, marking the debut of the technology player in the primary market. The company is focusing on providing innovative tech solutions, and this IPO has drawn early interest from retail investors looking to participate in India's growing technology sector. The issue is valued at ₹26.97 crore and is a book-built issue, offering equity shares in the price range of ₹111 to ₹117 per share.
The Marushika Technology Ltd. IPO opened to moderate investor response on its debut day. The issue saw early traction from retail and non-institutional investors, indicating cautious optimism in the technology segment. Institutional participation remained muted, and expectations are that it will pick up over the remaining subscription days.
On the first day of bidding, the Marushika Technology Ltd. IPO recorded a subscription of 0.22× overall. While institutional participation remained absent, the issue saw interest from retail and non-institutional investors.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.00× |
Retail Individual Investors (RII) |
0.45× |
Non-Institutional Investors (NII) |
0.05× |
Total |
0.22× |
The IPO's initial response suggests that smaller investors are showing interest, with expectations of more momentum in the coming days as the subscription period progresses.
For detailed insights about the company, issue particulars, and the latest updates, visit the Marushika Technology IPO on Bajaj Markets.
On the second day of bidding, Marushika Technology Ltd. IPO recorded a subscription of 0.73× overall. While Qualified Institutional Buyers (QIB) continued to show no participation, the retail and non-institutional investor segments exhibited strong interest.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.00× |
Retail Individual Investors (RII) |
1.02× |
Non-Institutional Investors (NII) |
0.94× |
Total |
0.73× |
The second-day performance indicates growing interest from retail investors, with a notable rise in their subscription numbers, suggesting confidence in the company’s prospects. However, institutional participation remains limited at this point.
The price band for the Marushika Technology Ltd. IPO is set between ₹111 and ₹117 per share, with a face value of ₹10 per share. Investors can apply for a minimum of 2 lots (2,400 shares) and in multiples of 1,200 shares thereafter.
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Min/Max) |
1 |
2,00 |
₹2,80,800 |
S-HNI (Min) |
2 |
2,400 |
₹2,80,800 |
B-HNI (Min) |
10 |
12,000 |
₹14,04,000 |
The pricing structure caters to investors looking for an affordable entry point in the technology sector, with a relatively high lot size suitable for both retail and institutional investors.
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
The timeline below shows key milestones for the IPO from bidding to listing:
| Event | Date | Details |
|---|---|---|
IPO Open Date |
February 12, 2026 |
Issue opens for subscription |
IPO Close Date |
February 16, 2026 |
Final day to submit bids |
Basis of Allotment |
February 17, 2026 |
Finalisation of share allotment |
Refunds Initiation |
February 18, 2026 |
Refunds begin for unallotted investors |
Credit of Shares to Demat |
February 18, 2026 |
Shares credited to successful applicants |
Listing Date |
February 19, 2026 |
Shares to debut on NSE SME platform |
Investors can apply for the Marushika Technology Ltd. IPO using either the ASBA facility through your bank or via UPI on broker platforms.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Marushika Technology Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Marushika Technology Ltd. IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
You can check Upcoming Ipo’s Here : Upcoming Ipo
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner
250 Views
| 1min read
Posted on 19 Dec
Academy .jpeg "authour img"){kind=small}
.jpeg "image not found"){kind=small}
