NFP Sampoorna Foods IPO GMP Day 2 19 May 2026: GMP Rises to Rs 8, QIB Fully Subscribed, Retail at 0.65x — Closes Tomorrow

The NFP Sampoorna Foods IPO is on Day 2 of its subscription window on 19 May 2026 with two notable developments: the grey market premium (GMP) has risen to Rs 8, implying a potential listing price of approximately Rs 63, a 14.5 to 15 percent premium over the Rs 55 upper band, and the QIB category has been fully subscribed at 1x as of Day 1 close (18 May, 5:40 PM). Overall subscription stands at 0.44 times on Day 2 morning data, with retail at 0.65 times and NII at 0.22 times. The NFP Sampoorna Foods IPO closes tomorrow, 20 May 2026, and this is the penultimate day to apply.

The Day 2 GMP of Rs 8 is a positive surprise. Pre-subscription and during Day 1, the grey market showed no premium (Rs 0 GMP). The emergence of Rs 8 GMP on Day 2 suggests that the QIB subscription at 1x has provided a credibility signal to grey market participants, who are now pricing in a modest listing gain. If NII participation builds on Day 2 and Day 3, the GMP could strengthen further before the 25 May listing.

NFP Sampoorna Foods IPO: Day 2 Key Data

• IPO Open Date: 18 May 2026
• IPO Close Date: 20 May 2026 (TOMORROW — last day to apply)
• Allotment Date: 21 May 2026
• Credit of Shares: 22 May 2026
• Listing Date: 25 May 2026 (NSE SME)
• Price Band: Rs 52 to Rs 55 per share
• Issue Size: Rs 24.53 crore (44.60 lakh shares, 100% fresh issue)
• Net Public Offer: 42.36 lakh shares (after 2.24 lakh market maker reservation)
• Lot Size: 2,000 shares per lot
• Minimum Retail Application: 2 lots (4,000 shares) at Rs 2,20,000
• Day 1 Overall Subscription (18 May close): 0.42 times (Business Standard) / 0.44 times (IPOGuru Day 2 data)
• Retail Category (Day 2): 0.65 times (undersubscribed, full allotment likely for retail applicants)
• NII Category (Day 2): 0.22 times
• QIB Category (Day 2): 1.00 times (fully subscribed — positive signal)
• Total Bids Day 1 (18 May): 18.80 lakh shares bid vs 44.60 lakh shares offered
• GMP on Day 2 (19 May 2026): Rs 8 (15% implied listing premium, expected listing price ~Rs 63)
• Previous GMP: Rs 0 (nil) pre-subscription and Day 1
• Category Split: QIB 0.99%, NII 49.43%, Retail 49.58% (unusual — near-zero QIB allocation)
• Lead Manager: 3Dimension Capital Services Ltd
• Registrar: Skyline Financial Services Pvt Ltd
• Market Maker: Anant Securities (changed from original market maker)

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NFP Sampoorna Foods IPO Day 2 Analysis

The Rs 8 GMP Surprise: What Changed

The emergence of an Rs 8 GMP on Day 2 after Rs 0 GMP on Day 1 is typically driven by QIB subscription reaching 1x. When institutional investors (even at the minimal 0.99 percent QIB allocation that NFP Sampoorna Foods has) fully subscribe their category, it sends a credibility signal to grey market participants that the issue has institutional backing. This is a small but positive data point that has moved the GMP from zero to Rs 8 (15 percent implied listing premium).

IPOGuru notes that the Day 2 GMP of Rs 8 implies an expected listing price of approximately Rs 63. At the Rs 55 upper band, this would be a gain of Rs 8 per share or Rs 32,000 on the minimum retail application of 4,000 shares (Rs 2,20,000 capital outlay), representing a 14.5 percent effective return on capital blocked.

Day 1 Subscription at 0.42x: Context and Expectations

NFP Sampoorna Foods IPO was subscribed 0.42 times as of Day 1 close on 18 May 2026 per Business Standard real-time BSE data. At 18.80 lakh shares bid versus 44.60 lakh shares offered, this is clearly below 1x on Day 1. However, for a Rs 24.53 crore NSE SME issue with an unusual category structure (NII 49.43 percent and Retail 49.58 percent with near-zero QIB at 0.99 percent), Day 1 below 1x is not unusual.

The key to watch on Day 2 and Day 3 is the NII category at 0.22x. NFP Sampoorna Foods has allocated 49.43 percent to NII investors. If HNIs begin applying on Day 2, the overall subscription can cross 1x quickly given the large NII allocation. The retail category at 0.65x is actually healthy given it needs to reach just 1x for the issue to be technically oversubscribed in retail.

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QIB at 1x: The Bright Spot

Despite the unusual near-zero QIB allocation of only 0.99 percent (42,000 shares), the QIB category being fully subscribed at 1x is the most positive data point in the NFP Sampoorna Foods IPO Day 2 update. Institutional investors, even with a small allocation, completing their subscription signals that the Rs 55 issue price at 12.76x PE is fair value for the dry fruit processing sector. This institutional validation is what moved the GMP from Rs 0 to Rs 8 between Day 1 and Day 2.

Full Allotment Very Likely for Retail Investors at Day 2

With retail subscription at 0.65x on Day 2 (below 1x), the NFP Sampoorna Foods IPO allotment for retail investors is currently on track for full allotment. When retail subscription remains below 1x at close, every retail applicant receives their full applied quantity without going through a computerised lottery. This means applying for 2 lots (4,000 shares) today or tomorrow gives a very high probability of receiving all 4,000 shares, provided the retail category stays below 1x by the 20 May close. Monitor final subscription numbers.

NFP Sampoorna Foods: Business and Financials Recap

NFP Sampoorna Foods Limited is a Delhi-based dry fruit processor specialising in cashew nuts (imported from Africa), almonds, makhana and walnuts. The company processes and distributes through Amazon, Flipkart and offline B2B channels from its Neemrana, Rajasthan facility. ISO 9001:2015 and ISO 22000:2018 certified.

• Q3 FY26 Total Income: Rs 18.70 crore | Q3 FY26 PAT: Rs 1.08 crore
• FY25 EPS: Rs 4.31 | PE at issue price: 12.76x vs peers Krishival Food 37.89x, Prospect Consumer 17.21x
• RoNW: 29.65% (highest among comparable listed peers)
• Use of Proceeds: Working capital Rs 7.25 crore + debt repayment Rs 9.50 crore
• Key Flag: IPO postponed from February 2026, market maker changed, underwriter added

Should You Apply for NFP Sampoorna Foods IPO on Day 2

The emergence of Rs 8 GMP on Day 2 has improved the near-term listing gain case. At Rs 8 GMP, the expected gain on 4,000 shares (Rs 2,20,000 investment) is Rs 32,000 or 14.5 percent return on capital blocked. Given the high probability of full allotment at current subscription levels (retail 0.65x), the effective capital allocation risk is modest.

However, the structural concerns flagged in our NFP Sampoorna Foods IPO review remain: the February 2026 postponement, market maker change, near-zero QIB allocation (0.99%) and customer concentration (top 10 customers contribute 65%+ of revenue). The GMP is still unofficial and can change. Consult a SEBI-registered advisor and apply by 20 May close only if you understand and accept these risks.

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Conclusion

The NFP Sampoorna Foods IPO on Day 2 (19 May 2026) shows an encouraging Rs 8 GMP (up from Rs 0), QIB category fully subscribed at 1x, retail at 0.65x and NII at 0.22x. The issue closes tomorrow 20 May. Full retail allotment is likely at current subscription levels. The Rs 8 GMP implies an expected listing price of Rs 63, representing a 14.5 percent potential gain on the Rs 55 issue price. Monitor Day 3 NII and final retail numbers before making a final decision. Consult a SEBI-registered advisor before applying.

Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.

FAQs on NFP Sampoorna Foods IPO GMP Day 2

What is the NFP Sampoorna Foods IPO GMP on 19 May 2026?

Ans. The NFP Sampoorna Foods IPO GMP on Day 2 (19 May 2026) stands at Rs 8 per share, implying an expected listing price of approximately Rs 63 against the upper band of Rs 55, a 14.5 to 15 percent potential listing premium. This is up from Rs 0 GMP on Day 1 and pre-subscription. GMP is unofficial and can change before the 25 May listing.

What is the NFP Sampoorna Foods IPO subscription status on 19 May?

Ans. As of Day 2 morning data (19 May 2026), the NFP Sampoorna Foods IPO is subscribed 0.44 times overall. Retail investors have subscribed 0.65 times, NIIs have subscribed 0.22 times and QIBs have subscribed 1.00 times. The issue is undersubscribed overall but QIB being at 1x is a positive institutional signal.

What are the allotment chances in the NFP Sampoorna Foods IPO for retail investors?

Ans. With retail subscription at 0.65x on Day 2 (below 1x), retail investors currently have a very high probability of full allotment in the NFP Sampoorna Foods IPO — meaning every retail applicant is likely to receive all 4,000 shares they applied for (minimum retail application). This changes if retail crosses 1x before close on 20 May.

Is today (19 May) the last day to apply for NFP Sampoorna Foods IPO?

Ans. No, 20 May 2026 is the last day to apply for the NFP Sampoorna Foods IPO. The subscription window closes at 5 PM on 20 May. Today (19 May) is Day 2. Allotment is on 21 May, share credit on 22 May and listing on NSE SME is on 25 May 2026.