Robokidz Eduventures IPO Final Day: GMP ₹51

Well folks, it’s the final stretch for Robokidz Eduventures’ SME IPO on the BSE, and it’s been a rather quiet affair as we enter Day 3, the closing day. The IPO, which opened on September 21st and closes today, September 23rd, 2026, has offered shares at an issue price of ₹106. We’ve been tracking the Grey Market Premium (GMP) and subscription numbers closely, and today’s update is crucial for any lingering investors deciding whether to jump in.

Subscription Status

As of the closing bell on Day 3, the subscription numbers for Robokidz Eduventures are showing a 0x across all categories: Retail, Non-Institutional Investors (NII), and Qualified Institutional Buyers (QIB). This is quite unusual, especially on the closing day of an SME IPO. Typically, you’d expect to see some level of interest, even if it’s modest, by this stage. A zero subscription across the board doesn’t necessarily mean a complete lack of interest, but it could indicate that most potential investors are waiting until the very last moment to place their bids, or perhaps the marketing and outreach for this particular IPO haven’t quite hit the mark yet. For SME IPOs, this kind of low initial subscription can sometimes be overcome in the final hours if there’s a last-minute surge, but it’s definitely something to watch. It could also suggest that the market sentiment for this specific sector or company isn’t as strong as anticipated. We’ll need to see if any last-minute bids come in before the window closes.

GMP Update

Interestingly, the Grey Market Premium (GMP) for Robokidz Eduventures has remained steady at ₹51. This is the same figure we saw yesterday. While it hasn’t moved, the fact that it’s holding firm at ₹51 is a positive sign, suggesting that the demand in the unlisted market is consistent. Based on this GMP, the expected listing price is around ₹157 (₹106 issue price + ₹51 GMP). This indicates a potential listing gain of approximately 48%. A healthy GMP like this, even with subdued subscription numbers, can sometimes attract investors who are primarily looking for listing gains. It signals that market participants believe the stock is undervalued at the issue price. However, it’s important to remember that GMP is an unofficial indicator and can be volatile.

Should You Apply?

So, the million-dollar question: should you apply for Robokidz Eduventures IPO? That’s a tough one given the current scenario. On one hand, the consistent GMP of ₹51, pointing towards a potential listing gain of nearly 48%, is certainly attractive. This suggests that the market has a favorable view of the company’s prospects post-listing. The lot size is 1200 shares, meaning a minimum investment of ₹127,200 (1200 x ₹106). However, the zero subscription across all categories on the closing day is a significant point of concern. It’s unusual and might indicate a lack of broad-based interest or a wait-and-watch approach from investors. The bottom line is that while the GMP offers a glimmer of hope for listing gains, the subscription data paints a picture of cautious sentiment, or perhaps a lack of widespread awareness. As always, remember that SEBI-registered investment advisors recommend thorough due diligence before investing. You can View Full Robokidz Eduventures IPO Details to help you make an informed decision. It’s a balancing act between the potential upside suggested by the GMP and the current lack of subscription momentum. Tread carefully.