Marushika Technology IPO Allotment Status: Check GMP, Subscription & How to Verify
Marushika Technology IPO: Quick Overview
| Detail | Information |
|---|---|
| Company Name | Marushika Technology Ltd. |
| IPO Category | SME IPO |
| Exchange | NSE SME |
| Issue Size | Approx. 23,05,200 shares (≈ ₹26.97 Cr) |
| Price Band | ₹111 – ₹117 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,200 shares |
| Minimum Bid | 2,400 shares (Retail: ₹280,800 at upper band) |
| Issue Type | Fresh Issue (Book Building) |
| IPO Open Date | February 12, 2026 |
| IPO Close Date | February 16, 2026 |
| Allotment Finalization | February 17, 2026 |
| Refunds Initiated | February 18, 2026 |
| Demat Credit Date | February 18, 2026 |
| Listing Date | February 19, 2026 |
| Registrar | Skyline Financial Services Pvt. Ltd. |
| GMP (Grey Market Premium) | ₹0 (indicative/flat) |
| Expected Listing Price | ₹117 (price band upper, GMP included) |
| Subscription (Overall) | ~0.71x (latest snapshot) |
Marushika Technology IPO GMP (Grey Market Premium)
What Is GMP?
The Grey Market Premium (GMP) shows how much the IPO shares are trading unofficially before listing.
For example:
- IPO Price: ₹100
- GMP: ₹20
- Estimated Listing Price: ₹120
GMP is unofficial and speculative. It changes daily based on demand.
Why GMP Matters
- Indicates market sentiment
- Helps estimate potential listing gains
- Reflects demand before listing
⚠️ Important: GMP is not guaranteed. Prices can change sharply before listing day.
For updated GMP, investors usually check trusted IPO tracking platforms like NSE India, BSE India, or reputed financial portals.
Marushika Technology IPO Subscription Status
| Category | Subscribed (x) | No. of Bids / Snapshot |
|---|---|---|
| QIB | – | – |
| NII | 1.03x | 48 bids |
| bNII (Bid > ₹10L) | 1.14x | 26 bids |
| sNII (Bid < ₹10L) | 0.81x | 22 bids |
| Individual Investors | 0.97x | 311 bids |
| Total Subscription | 0.71x | 407 bids |
What Subscription Numbers Mean
- 1x subscription → Fully subscribed
- 5x subscription → Applied 5 times more than available shares
- 10x+ subscription → Very high demand
High retail subscription usually reduces allotment chances in the retail category due to oversubscription.
How to Check Marushika Technology IPO Allotment Status
You can check your allotment through three main ways:
1. Check via IPO Registrar Website (Most Accurate Method)
Follow these steps:
- Visit the official registrar’s website (like Link Intime, KFin Technologies, Bigshare, etc.).
- Select Marushika Technology IPO from the dropdown.
- Choose your search method:
- PAN Number
- Application Number
- DP/Client ID
- Enter the required details.
- Click Submit.
Your allotment status will appear on the screen.
2. Check on NSE Website (For SME IPOs)
If listed on NSE SME:
- Visit NSE IPO allotment page.
- Select the issue name.
- Enter your PAN or application number.
- Submit to check status.
3. Check via Your Broker App
Most brokers like Lemonn, Groww, etc., show IPO allotment status directly in the app under:
Portfolio → IPO → Applied IPOs
This is the simplest method for many retail investors.
How Is IPO Allotment Decided?
IPO allotment depends on:
- Total subscription demand
- Retail quota availability
- Lottery system (in case of oversubscription)
- Minimum lot size
If retail is heavily oversubscribed, allotment is done through a computerized lottery system.
What Happens After Allotment?
If You Get Allotment:
- Shares are credited to your Demat account.
- Funds remain debited.
- You can sell on listing day.
If You Don’t Get Allotment:
- The blocked amount is released.
- Funds return to your bank account within a few days.
Should You Hold or Sell on Listing Day?
This depends on:
- GMP trend before listing
- Market conditions
- Company fundamentals
- Your risk appetite
If you’re investing for long-term growth, study the company’s financials and business model before deciding.
Risks to Consider
- SME IPOs can be highly volatile
- Low liquidity after listing
- GMP may not reflect actual listing price
- Broader market conditions impact listing gains
Always invest based on research-not just listing expectations.
Frequently Asked Questions (FAQs)
Q. When will Marushika Technology IPO allotment status be available?
Usually 1–2 days after IPO closing date.
Q. How will I know if I got allotment?
You’ll receive:
– SMS from the registrar
– Email confirmation
– Update in your broker app
– Shares in your Demat account
Q. Can I check IPO allotment without application number?
Yes. You can use your PAN number.
Q. Is GMP reliable?
No. It’s an unofficial indicator and should not be your only decision factor.
Final Thoughts
Checking the Marushika Technology IPO allotment status is simple and can be done online within minutes.
While GMP and subscription numbers give clues about market demand, smart investors also look at company fundamentals, risks, and long-term potential.
If you applied, keep your PAN or application number ready and check through the official registrar for accurate results.
Invest wisely-and always align IPO investments with your financial goals.
