
Dove Soft IPO Day 2: Subscription Status on 1 October 2026
Dove Soft IPO Day 2, 1 Oct 2026. Subscribed 0.85x at Day 1 close: NII 1.29x, Retail 0.44x, QIB 0.00x. Price band Rs 104-111. Closes 5 Oct.
Updated: 1 Oct 2026 • 12:33 am
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Quick Answer
The Dove Soft IPO is on Day 2 of bidding on 1 October 2026, after an NII-led opening day. The Dove Soft IPO closed Day 1 subscribed 0.85 times overall, with NII crossing full subscription at 1.29 times, while retail stood at 0.44 times and QIB had not placed bids. Bidding remains open until 5 October 2026, and investors should track the live category wise numbers on BSE through the day.
The Dove Soft IPO has entered Day 2 of its bidding window, which opened on 30 September 2026 and closes on 5 October 2026. Dove Soft Limited, a Mumbai-based cloud communications and CPaaS provider, is raising about Rs 73.26 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on the BSE SME platform. The latest full session data available is the Day 1 close of 28 September 2026.
Day 1 bidding for the issue closed with the issue subscribed 0.85 times overall, led by NII past full subscription at 1.29 times, while retail stood at 0.44 times and QIB had not placed bids. With several sessions still remaining before the 5 October close, QIB and retail have room to build.
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Dove Soft IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 30 September 2026 |
| Close Date | 5 October 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 104 to Rs 111 per share |
| Lot Size | 1,200 shares (minimum bid 2,400 shares) |
| Issue Size | Rs 73.26 crore |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 6 October 2026 |
| Listing Date | 8 October 2026 |
Dove Soft IPO Subscription Status Day 2
Bidding for the issue is updated through the trading session on BSE. The table below shows the position at the close of Day 1 along with the figure recorded so far on Day 2.
| Investor Category | Subscription at Day 1 Close (30 Sep, closing update) | Subscription So Far (Day 2, 1 Oct) |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 0.00 times | Updating |
| Non-Institutional Investors (NII) | 1.29 times | Updating |
| Retail Individual Investors | 0.44 times | Updating |
| Overall | 0.85 times | Updating through the session |
NII has led the issue past full subscription, while QIB and retail have room to build. Investors should check the live BSE numbers for the latest position ahead of the 5 October close.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Dove Soft IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 104 to Rs 111 band, with a minimum bid of 2,400 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 5 October.
Download the Univest iOS App or Univest Android App to apply for the issue before the 5 October close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue closed Day 1 at 0.85 times overall, led by NII past full subscription, with QIB and retail still to build before the 5 October close. Investors considering the issue should review the company financials and SME liquidity risks in the RHP on bseindia.com, and apply only after independent due diligence.
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).
FAQs
What is the Dove Soft IPO subscription status on Day 2?
Ans. The issue closed Day 1 subscribed 0.85 times overall, with NII crossing full subscription at 1.29 times, while retail stood at 0.44 times and QIB had not placed bids, and figures for Day 2, 1 October 2026, are updating through today's session on BSE.
When does the Dove Soft IPO close?
Ans. The issue closes for subscription on 5 October 2026, having opened on 30 September 2026.
What is the Dove Soft IPO price band and lot size?
Ans. The issue price band is Rs 104 to Rs 111 per share, with a lot size of 1,200 shares. Retail investors must apply for a minimum of 2 lots, or 2,400 shares, taking the minimum investment to about Rs 2,66,400 at the upper price band.
Which category led the Dove Soft IPO on Day 1?
Ans. Non-institutional investors led the issue on Day 1, crossing full subscription at 1.29 times, while retail stood at 0.44 times and QIB had not placed bids.
What is the Dove Soft IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Dove Soft IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 104 to Rs 111 band, with a minimum bid of 2,400 shares, then approving the UPI mandate before the daily cut off.
When will the Dove Soft IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 6 October 2026, with listing on the BSE SME platform tentatively scheduled for 8 October 2026.
What does Dove Soft Limited do?
Ans. Dove Soft Limited provides integrated cloud-communication solutions through SMS, RCS, Voice, WhatsApp, Email and other digital channels as a Communications Platform as a Service (CPaaS) provider.
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