Snapdeal opened for subscription on 25 Sept and closes on 29 Sept 2026. GMP is ₹2 (about 6.3% over the cap price), and the issue is 0.23x subscribed so far.
Snapdeal IPO Subscription Status
| Category | Subscribed (times) | Bids received |
|---|---|---|
| QIB | 1.03x | ₹411.93 cr |
| NII (HNI) | 1.2x | ₹246.29 cr |
| Retail | 1.34x | ₹184.22 cr |
| Total | 1.13x | ₹842.45 cr |
Updated through the bidding window; final numbers settle after the issue closes.
Snapdeal IPO GMP (Grey Market Premium)
The latest grey market premium for Snapdeal is ₹2 (about 6.3% over the cap price). GMP is an unofficial, over-the-counter figure that can change through the day and is not endorsed by SEBI or the exchanges.
Should You Apply to Snapdeal IPO?
As things stand, the grey market premium points to a listing near ₹34 (about 6.3%), the issue is subscribed 0.23x overall so far, retail is at 0.62x. Judge the price against the company's earnings and your holding period, not the GMP alone.
How to Apply for Snapdeal IPO
- Log in to your broker's IPO section and select Snapdeal.
- Bid at the cut-off price for the best chance of allotment (retail).
- Enter the number of lots (minimum 468 shares) and submit your UPI ID.
- Approve the mandate request in your UPI app before the cut-off time to block the funds.
Quick facts: Price band ₹30 – ₹32 · Lot 468 shares (~₹14,976) · Bidding 25 Sept – 29 Sept · Listing 5 Oct on NSE, BSE
More on Snapdeal IPO
- Snapdeal IPO — live GMP, subscription & allotment status
- Snapdeal IPO listing gain calculator
- All Mainboard IPOs
- Full IPO list with GMP
This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.
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