IPOs closing tomorrow: 6 India issues, Sep 11 deadline
Why “IPOs closing tomorrow” is trending
Social feeds and IPO-tracking pages are crowded this week because multiple issues are ending on the same day. In the latest posts, several IPOs are marked “Closes tomorrow” with the close date set as 11 Sept 2026. The same pages also explain what status labels mean: “Open” for active bidding, “Last Day” for the final bidding day, and “Closed” once bidding ends. Investors are sharing reminders that bids can typically be placed until about 5 PM IST on the closing day. There is also a repeated warning about the UPI mandate step needing approval before the deadline. This cluster of closing dates is the reason “last day to apply” posts are getting heavy engagement. The overall conversation is practical rather than thematic, focused on deadlines, lot calculations, and subscription snapshots. As of 10 Sep 2026 at 12:06 PM, one tracker counted 17 IPOs open for subscription across BSE, NSE, and SME platforms.
The 6 IPOs that close on 11 Sep 2026
Across the shared tables, six mainboard IPOs are repeatedly shown as closing tomorrow. These are Rentomojo, LCC Projects, Karamtara Engineering, Asset Reconstruction Company (India), Manipal Payment and Identity Solutions, and Steamhouse India. Each of these issues is listed with offer dates of 9 Sept 2026 to 11 Sept 2026. The posts also circulate price bands and grey market premium (GMP) estimates for quick comparison. Where available, investors are also referencing live subscription multiples displayed on the same tracking pages. A few entries show “-” for some fields, which usually means the post snapshot did not include that specific data point. For Rentomojo and LCC Projects, separate cards also list lot sizes and an allotment date. The table below consolidates the numbers exactly as shared in those posts.
What subscription data is showing so far
Some users are relying on the “NSE Bid Details (Across all categories)” table shared in the same feed. In that table, Rentomojo shows a subscription of 3.37 times. LCC Projects is shown at 3.01 times, and Karamtara Engineering at 2.43 times. Steamhouse India appears at 1.28 times in the same snapshot. Asset Reconstruction Company (India) is listed at 0.60 times, while Manipal Payment and Identity Solutions is listed at 0.20 times. These figures are presented as live bid details, so they can change as the close approaches. The main takeaway investors are discussing is the wide spread between the highest and lowest subscription readings within the same closing-day cohort.
GMP numbers being shared for these issues
GMP is one of the most-screened columns in the circulating IPO tables. For the six closing tomorrow, the shared GMP figures range from single digits to triple digits in rupee terms. The same list shows Rentomojo at ₹143.5 and LCC Projects at ₹47, each with a mid-30% figure alongside. Karamtara Engineering is shown at ₹73.5, and Steamhouse India at ₹20 with a +24.69% tag. Asset Reconstruction Company (India) is shown at ₹24, while Manipal Payment and Identity Solutions is shown at ₹8 with +2.36%. These values are being used mainly as a sentiment snapshot in discussions, not as official company guidance. The posts treat GMP as a live indicator that can change quickly, which is why investors keep checking updated tables.
The key deadline: bids and UPI mandate by 5 PM
Multiple posts repeat the same operational rule: you can bid on IPOs marked “Last Day” until bidding closes, typically 5 PM IST for most IPOs. That timing matters because the UPI mandate step is a separate action that can be missed. One checklist states that investors must approve the blocking mandate in GPay, PhonePe, Paytm, or BHIM before 5:00 PM on closing day. Practically, that means submitting the application at 4:59 PM is risky if the UPI request arrives late or is not approved. The social chatter includes reminders to place bids well before the deadline. It also points investors back to the IPO prospectus for the exact closing time. This is why “last day” posts often read like deadline alerts rather than investment calls. If you are applying on 11 Sept 2026, the shared guidance is to treat 5 PM IST as the hard operational cut-off.
How applications are being done: ASBA and UPI
The most common step-by-step guide shared in the thread is built around ASBA or UPI. Investors are told to find an IPO through a live IPO calendar and then check price band and lot size to estimate application amount. The guide explains the calculation simply as lot size multiplied by the upper price band. It then instructs applicants to use their bank netbanking ASBA flow or a SEBI-registered broker app with a UPI mandate. A key point in the post is that funds remain blocked until allotment rather than being immediately debited. That operational detail is why many retail investors prefer applying through UPI, since the mandate is visible in the payments app. The same checklist also recommends checking allotment status on BSE or NSE using PAN or application number. Finally, it suggests monitoring listing day prices on the same tracking portal and deciding whether to exit or hold based on one’s thesis.
Details investors are quoting from the trackers
Rentomojo is shown with a price band of ₹384–₹404 and an offer window of Sep 09 to Sep 11. One card also shows lot size as 37 shares and lists an allotment date of Sep 15, 2026. LCC Projects is shown with a price band of ₹139–₹146 and an offer window of Sep 09 to Sep 11. That card lists lot size as 102 shares and also shows an allotment date of Sep 15, 2026. Karamtara Engineering is listed with a price band of ₹241–₹254 and appears with Sep 15, 2026 as the allotment date in the same set of cards. These are being used as quick-reference details for planning the last-day application. Investors are also comparing the “expected premium” shown on those cards to the GMP column shown elsewhere, noting that different pages can display different snapshots. The practical use is deadline planning and application sizing rather than deep fundamental analysis in the posts provided.
What happens after the issue closes
The shared explainers describe a simple sequence once bidding ends. Status typically moves from “Open” or “Last Day” to “Closed,” and then allotment becomes pending. Investors are advised to check allotment status a few days after the close through BSE or NSE tools using PAN or application number. In the same feeds, “Allot” is described as the stage where allotment results are available. “Listing” is described as the stage where shares will list on the exchange soon. The key operational point is that blocked funds remain blocked until allotment and release outcomes are known. The posts also remind investors to monitor listing day pricing and decide what to do based on their own plan. Because multiple issues are closing together, the conversation is also about managing multiple UPI mandates and ensuring each is approved. That checklist approach is dominating the “closing tomorrow” discussion.
The wider IPO calendar around Sep 10 to Sep 11
The same set of posts also lists IPOs closing today (10 Sept 2026) as Glass Wall Systems, Prasol Chemicals, and Kanohar Electricals. In that table, Kanohar Electricals is shown with a price band of ₹601–₹632 and a GMP entry of ₹223.5 with +35.36%. The NSE bid details snapshot in the feed shows very high subscription readings for Kanohar Electricals (69.53 times) and Glass Wall Systems (56.59 times), alongside Prasol Chemicals at 1.52 times. Separately, one “Open now” line lists SPEEDEX, RAKSAN, VEEGALAND, OMGL, LCCPROJECT, and AMTECH as open on 10 Sept 2026. Another note says MANIKA opens 11 Sept. Taken together, the context explains why IPO calendars are getting refreshed repeatedly throughout the day. With many issues active at once, the practical focus stays on closing dates, bid completion, and mandate approval timing.
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