Hotels & Restaurants - QSR - Listed on 06 October 2026
Pind Hospitality (Hotels & Restaurants - QSR) closed its IPO window in 2026 and listed on NSE and BSE on 06 October 2026 at an upper band issue price of Rs 99, opening at Rs 79.2 for a listing gain of -20.0% and closing day one at Rs 75.24 (-24.0% on closing basis). The IPO was subscribed 2.71x overall - QIB 1.00x, HNI/NII 1.15x, Retail 4.31x. The total issue size was Rs 17.82 Cr (Fresh Issue Rs 16.92 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Hotels & Restaurants - QSR
Pind Hospitality operates in the Hotels & Restaurants - QSR space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Pind Hospitality issue was offered at an upper price of Rs 99 and raised approximately Rs 17.82 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 0 | 0.00% |
| Day 2 | Rs 0 | 0.00% |
| Day 3 | Rs 0 | 0.00% |
| Day 4 | Rs 0 | 0.00% |
| Day 5 | Rs 0 | 0.00% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 20.0 pp (Variance observed)
How the broader market moved around the Pind Hospitality IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Pind Hospitality IPO listed at -20.0% versus the upper issue price of Rs 99 on 06 October 2026.
Pind Hospitality IPO was subscribed 2.71x overall. QIB portion was subscribed 1.00x, HNI / NII 1.15x and Retail 4.31x.
IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.