Optimystix Entertainment India IPO Day 2 Subscription Status: Issue Booked 0.66x

Qualified institutional buyers have crossed the one-time subscription mark, while demand from retail investors stood at 0.70 times. The NII category remained comparatively subdued at 0.09 times.

The subscription calculation excludes the shares reserved for anchor investors and the market maker portion. The company plans to list its shares on the NSE SME platform.

What Happened

A further 6,20,000 shares are reserved for the market maker.

• The IPO has a price band of ₹166 to ₹175 per share.

• It comprises a fresh issue of 4.38 crore shares worth up to ₹77 crore and an offer for sale of 1.20 crore shares worth up to ₹21 crore.

• The QIB category received bids for 1,13,34,000 shares against 1,11,60,000 shares offered, taking its subscription to 1.02 times.

Key Details

Retail investors bid for 1,35,84,000 shares against 1,95,36,000 shares reserved for the category.

• The NII category saw bids for 72,000 shares against an offer of 84,00,000 shares.

• Optimystix Entertainment India IPO is a ₹108.50 crore bookbuilding issue with a price band of ₹166 to ₹175 per share.

• The issue opened on August 7 and is scheduled to close on August 11, 2026.

Why It Matters

The IPO consists of a fresh issue of 4.38 crore shares aggregating up to ₹77 crore and an offer for sale of 1.20 crore shares aggregating up to ₹21 crore.

• At the upper end of the price band, an individual investor needs to apply for a minimum of 1,600 shares, translating into an investment of ₹2.80 lakh.

• Of the net offer to the public, 27,86,400 shares, or 49.94%, are reserved for QIBs, 8,40,000 shares, or 15.05%, for NIIs and 19,53,600 shares, or 35.01%, for retail investors.

What Reports Say

Coverage of the story so far points to:

• Continued reporting by HDFC Sky as more details emerge