Marushika Technology IPO Allotment Today: Marushika Technology IPO Sees 17.94x Subscription as Investor Focus Shifts to Status Check

The spotlight is now firmly on the Marushika Technology IPO allotment.

After closing with strong investor participation, the Marushika Technology IPO has entered its most crucial phase — allotment. For many investors, today is about one simple question: Did I get the shares?

As a stock market analyst at Samco Securities, here’s a clear and practical breakdown of how the Marushika Technology IPO performed and what investors need to know next.

Market Performance: Marushika Technology IPO Draws Strong Response

The ₹27-crore Marushika Technology IPO opened for subscription from February 12 to February 16. By the time bidding closed, the issue was subscribed 17.94 times overall.

That number tells a story. A ₹27 crore issue attracting demand nearly 18 times shows solid interest across categories.

Here’s how the subscription played out:

• Overall Subscription: 17.94 times
• Qualified Institutional Buyers (QIBs): 2.92 times
• Non-Institutional Investors (NIIs): 41 times
• Retail Investors: 16.51 times

The strongest participation came from the non-institutional investor (NII) segment, which was subscribed 41 times. Retail investors also showed strong interest, booking their quota 16.51 times.

Institutional interest, while present, remained comparatively lower at 2.92 times.

These numbers underline one key takeaway — broad-based participation.

Marushika Technology IPO Price Band and Lot Size

The Marushika Technology IPO price band was fixed at:

• ₹111 to ₹117 per share

Investors were required to apply in lots of:

• 1,200 shares per lot

This means the minimum investment amount at the upper price band stood aligned with the lot requirement of 1,200 shares.

The structure was straightforward. No complicated bidding structure. Simple price band. Fixed lot size. SME platform listing.

Fresh Issue Structure: No Offer for Sale

One important structural detail of the Marushika Technology IPO is that it was entirely a fresh issue.

• Total Shares Offered: 0.23 crore shares
• Offer Type: 100% fresh issue
• No Offer for Sale (OFS) component

This matters.

Since there was no OFS, the entire IPO proceeds will go directly to the company. No promoter dilution through public selling.

Planned Utilisation of Funds:

The company has stated that it plans to use the IPO proceeds for:

• Repayment of debt
• Working capital requirements
• General corporate purposes

That’s a standard capital allocation mix — deleveraging and supporting operational requirements.

Marushika Technology IPO Allotment Date in Focus

The Marushika Technology IPO allotment date is February 17.

With oversubscription at 17.94 times, allotment will naturally be competitive, especially in the NII and retail segments.

When subscription goes beyond available shares, allotment is done as per regulatory norms. Investors who applied now need to check their status through official channels.

Let’s walk through that.

How to Check Marushika Technology IPO Allotment Status

Investors can track their Marushika Technology IPO allotment status through two official sources:

1. NSE SME website
2. Registrar – Skyline Financial Services

Below are step-by-step instructions.

Steps to Check Marushika Technology IPO Allotment on NSE

Follow these steps:

1. Visit the NSE IPO allotment page
2. Select Equity & SME IPO bid details
3. Choose the symbol “Marushika” from the dropdown
4. Enter your PAN Number and Application Number
5. Click Submit

Your allotment details will appear on the screen instantly.

Keep your PAN and application details ready for faster verification.

Steps to Check Marushika Technology IPO Allotment on Skyline Financial

Alternatively, investors can check directly with the registrar.

Follow these steps:

1. Visit the Skyline Financial IPO allotment page
2. Select Marushika Technology from the company dropdown
3. Enter any one of the following:
   • Client ID / Folio Number
   • CAF Number
   • PAN Number
4. Click Search

Your allotment details will appear if shares have been allocated.

Why Subscription Data Matters?

Whenever an IPO closes, subscription numbers become the first indicator of demand intensity.

In the case of the Marushika Technology IPO, the 17.94x overall subscription shows strong investor attention, especially in:

• Non-institutional segment (41x)
• Retail segment (16.51x)

The QIB subscription at 2.92x indicates moderate institutional participation.

High subscription does not change allotment rules — but it does reflect investor sentiment at the time of issue.

Company Snapshot: Marushika Technology IPO Overview

Here’s a concise breakdown of the key numbers:

• IPO Size: ₹27 crore
• Issue Type: Fresh issue only
• Shares Offered: 0.23 crore shares
• Price Band: ₹111–₹117 per share
• Lot Size: 1,200 shares
• Subscription Period: February 12–February 16
• Allotment Date: February 17
• Total Subscription: 17.94 times

These are the facts that define the Marushika Technology IPO.

What Happens Next?

After allotment:

• Successful applicants will receive shares in their demat accounts.
• Refunds will be processed for unallotted investors as per IPO timelines.
• Listing will follow on the NSE SME platform.

For investors, today is simply about checking status and planning the next step.

Summary: Marushika Technology IPO Closes Strong, All Eyes on Allotment

The Marushika Technology IPO has wrapped up with 17.94x subscription on a ₹27 crore issue.

• Strong NII and retail participation
• Moderate QIB interest
• ₹111–₹117 price band
• 1,200 share lot size
• Entirely fresh issue of 0.23 crore shares
• Funds aimed at debt repayment and working capital

Now, the action shifts from bidding to allocation.

If you applied, check your status today through NSE or Skyline Financial Services. Keep your PAN and application number handy.

In SME IPOs, numbers often tell the story. In this case, 17.94 times says investors were listening.

Source: Livemint