Liqvd Digital India IPO: Issue subscribed 5.08 times on final day

The issue received bids of 3,86,12,000 equity shares against the offered 75,94,000 equity shares

by e4m Staff
Published: Sep 26, 2026 10:30 AM | 1 min read

Liqvd Digital India Limited's Initial Public Offering (IPO) was subscribed 5.08 times on the final bidding day, receiving bids for 3,86,12,000 equity shares against the offered 75,94,000 shares.
The retail and Qualified Institutional Buyers (QIB) portions were subscribed 1.43 times and 1.00 times, respectively, while the Non-Institutional Investors (NII) portion saw a subscription rate of 21.02 times.
Established in 2013, Liqvd Digital is a creative-first agency providing comprehensive marketing solutions, including content creation, media buying, and performance reporting.
Following its acquisition of AdLift, the agency has enhanced its services to include performance monitoring, SEO, and AI-driven content creation, with offices in Mumbai and Gurgaon.

The Initial Public Offering of Liqvd Digital India Limited was subscribed 5.08 times on the final day of bidding.

The issue received bids of 3,86,12,000 equity shares against the offered 75,94,000 equity shares, according to data available on the stock exchanges, the company said in a release.

Retail and Qualified Institutional Buyers (QIB) Portion were subscribed 1.43 times and 1.00 times, respectively. Non-Institutional Investors (NII) Portion was subscribed 21.02 times.

Incorporated in 2013, the company is positioned as a creative-first agency offering end-to-end marketing solutions. Its services encompass content creation and production, media buying, content marketing, and performance reporting. Following the acquisition of AdLift, the agency has expanded its capabilities to include performance monitoring, SEO, and AI-driven content creation.

The company and AdLift Marketing are present in India with offices in two cities - Mumbai and Gurgaon, and a compact in-house studio in Mumbai with a green screen set up, which is used for internal content (founder videos, interviews), and support basic production activities like green screen, editing and voiceover coordination.