Paluck Technologies Initial Public Offering Day 2 Update: Subscribed 6.26x on Day 1, QIB Demand Leads at 10.49x
- August 31, 2026
- Posted by: Neeraj Pandey
- Category: IPO
Paluck Technologies IPO, Day 2 (Aug 31). Subscribed 6.26x on Day 1 (Aug 28): QIB 10.49x, Individual 5.70x, NII 1.93x. Closes Sep 1, 2026.
Quick Answer
Paluck Technologies initial public offering entered its second day of bidding on August 31, 2026, after being subscribed 6.26 times overall by the close of Day 1, August 28, 2026. The qualified institutional buyer (QIB) category led demand at 10.49 times, followed by individual investors at 5.70 times and the non-institutional investor (NII) category at 1.93 times.
Paluck Technologies Limited’s initial public offering entered its second day of bidding on August 31, 2026, a trading day after the issue opened on August 28. By the close of Day 1, the issue had been subscribed 6.26 times overall, with approximately 2,299 applications received.
The qualified institutional buyer (QIB) category recorded the strongest early demand, subscribing 10.49 times its reserved portion, an unusually strong Day 1 institutional response for an SME issue. Individual investors were subscribed 5.70 times, while the non-institutional investor (NII) category was booked 1.93 times, with Small HNI bidders leading within that category.
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About Paluck Technologies
Track Paluck Technologies’ live subscription status on the Univest Screener
Incorporated in 2010, Paluck Technologies Limited is a diversified engineering services and infrastructure-support company operating across automobile and engineering services, construction equipment rental, logistics and fleet management, and telecom engineering. The company runs a fleet of more than 190 specialised vehicles and has handled operations and maintenance across more than 7,500 telecom sites in India.
Paluck Technologies IPO: Key Details
| Parameter | Details |
|---|---|
| IPO Open Date | August 28, 2026 |
| IPO Close Date | September 1, 2026 |
| Price Band | Rs 46 to Rs 48 per share |
| Total Issue Size | ~Rs 33 crore (100% fresh issue) |
| Overall Subscription (Day 1) | 6.26x |
| QIB Subscription (Day 1) | 10.49x |
| Individual Subscription (Day 1) | 5.70x |
| NII Subscription (Day 1) | 1.93x |
| Applications Received (Day 1) | ~2,299 |
| Listing Platform | BSE SME |
| Tentative Allotment Date | September 2, 2026 |
| Tentative Listing Date | September 4, 2026 |
Why Strong Day 1 QIB Demand Stands Out
Qualified institutional buyers typically wait until the final day of an IPO’s bidding window to place the bulk of their bids, making Paluck Technologies’ Day 1 QIB subscription of 10.49 times a notably early and strong show of institutional confidence for an SME issue of this size. Combined with healthy individual investor participation, this suggests broad-based demand across investor categories heading into the remaining days of bidding.
Univest does not publish grey market premium figures. Grey market premium is an unofficial and unregulated indicator collected informally outside the stock exchanges. It is not published, verified, or endorsed by SEBI, NSE, or BSE, can vary widely between trackers, and is not always accurate. Investors interested in checking informally reported premium levels may refer to independent trackers such as InvestorGain.com or Chittorgarh.com, treating this data as supplementary only.
Conclusion
Paluck Technologies’ initial public offering enters Day 2 of bidding today, August 31, 2026, building on a strong Day 1 performance led by unusually early QIB demand. With two more days of bidding remaining before the September 1 close, investors should track the live subscription numbers on the BSE for updates. This article does not constitute subscription advice. Consult a SEBI-registered financial advisor before applying for any IPO.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
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FAQs on Paluck Technologies Initial Public Offering
What is the Paluck Technologies IPO subscription status on Day 2?
Ans. Paluck Technologies initial public offering entered Day 2 of bidding on August 31, 2026, after being subscribed 6.26 times overall on Day 1 (August 28), with QIB demand leading at 10.49 times.
When does the Paluck Technologies IPO close?
Ans. The Paluck Technologies initial public offering closes on September 1, 2026, giving investors two more days of bidding after today’s Day 2 session.
What does Paluck Technologies do?
Ans. Paluck Technologies is a diversified engineering services and infrastructure-support company operating in construction equipment rental, logistics and fleet management, and telecom engineering, with a fleet of over 190 specialised vehicles.
Why is strong QIB demand on Day 1 unusual?
Ans. Qualified institutional buyers typically place the bulk of their bids closer to the final day of an IPO’s bidding window, so Paluck Technologies’ Day 1 QIB subscription of 10.49 times reflects an early and notably strong show of institutional confidence.
What is the price band for the Paluck Technologies IPO?
Ans. The price band for the Paluck Technologies initial public offering is Rs 46 to Rs 48 per equity share, with a lot size of 3,000 shares.
Should I subscribe to the Paluck Technologies IPO on Day 2?
Ans. Whether to subscribe depends on individual risk tolerance, valuation assessment, and the live subscription trend. This article does not constitute subscription advice. Consult a SEBI-registered financial advisor before applying for any IPO.
