Here you can see online IPO Subscription Status Live Data, On this page you can see daily subscription, then click on IPO name, and see complete IPO Subscription status.
Subscription data is automatically saved by day when the subscription expires after 7:00 pm in the table below.
MainBoard IPO Subscription Status 2025
| Current IPO | Status | QIB | NII | RII | Total |
|---|---|---|---|---|---|
| Kabra Jewels 15-17 Jan | Closes Today | 154.53 | 556.9 | 384.9 | 356.02 |
| Rikhav Securities 15-17 Jan | Closes Today | 170.92 | 616.42 | 251.36 | 307 |
| Landmark Immigration 16-20 Jan | Open | 1.13 | 5.54 | 10.29 | 6.28 |
| Stallion India 16-20 Jan | Open | 0.31 | 77.11 | 31.1 | 32.17 |
| EMA Partners 17-21 Jan | Open | 0.00 | 0.62 | 0.78 | 0.52 |
| Capital Numbers Infotech 20-22 Jan | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
| Denta Water 22-24 Jan | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
| Rexpro Enterprises 22-24 Jan | Upcoming | – | 0.00 | 0.00 | 0.00 |
| CLN Energy 23-27 Jan | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
| GB Logistics 24-28 Jan | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
| Arisinfra Solutions 3-5 Feb | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
| JSW Cement TBA | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
| Vikram Solar TBA | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
| Solar91 Cleantech TBA | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
| Avanse Financial TBA | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
| Rosmerta Digital Services TBA | Upcoming | 0.00 | 0.00 | 0.00 | 0.00 |
IPO Subscription refers to the process of investors subscribing to shares of a company during its Initial Public Offering (IPO) before the shares are officially listed on the stock exchange. Subscription plays a critical role in determining the demand for the IPO and the allocation of shares to investors. Let’s dive deeper into understanding IPO subscription, its types, and how it impacts the overall IPO process.
What is IPO Subscription?
An IPO Subscription is a method by which investors express their interest in purchasing shares of a company during its initial offering to the public. When a company decides to go public, it offers shares through an IPO to raise capital for its growth, expansion, or other corporate activities. Investors can apply for shares in the IPO at the offer price or within the price band (if it’s a book-building issue). The IPO subscription determines how much demand there is for the company’s shares, which, in turn, helps determine the IPO’s success.
In simple terms, when an IPO is open for subscription, investors can apply for shares, and depending on how many shares are applied for in comparison to the number of shares offered by the company, the subscription status is determined. If there is an oversubscription (more applications than available shares), the shares are allotted on a pro-rata basis, meaning that investors receive a proportion of their requested shares.
Types of IPO Subscription
There are mainly three categories of subscription for IPOs, which are determined based on the type of investor applying:
Retail Investors (RI):
- Retail Investors are individual investors who apply for IPO shares for their personal accounts, typically in amounts that do not exceed a specified limit (usually ₹2 lakh).
- This category is highly important for IPOs, as retail investors often comprise a significant portion of the total demand.
- If the IPO is oversubscribed in this category, the allotment is done via a lottery system, where each retail investor has an equal chance of receiving shares.
Qualified Institutional Buyers (QIBs):
- QIBs are institutional investors such as mutual funds, insurance companies, and pension funds. They are typically large entities with significant capital to invest in the IPO.
- The QIB category often gets a significant portion of the overall offering, and it’s considered a critical factor for the success of an IPO.
- The subscription rate for QIBs is usually higher than for retail investors, and they generally receive priority in allotment.
Non-Institutional Investors (NIIs):
- NIIs include high-net-worth individuals (HNIs) or corporates that apply for IPO shares in larger quantities, typically exceeding ₹2 lakh.
- Like QIBs, the NII category is a significant driver of an IPO’s success, especially if the retail category is under-subscribed.
- They are generally allocated shares after the retail and QIB categories have been allotted, and sometimes the shares allotted to this category may be on a pro-rata basis if there is oversubscription.
How is IPO Subscription Status Measured?
IPO subscription is usually expressed in terms of oversubscription, which refers to the number of times the IPO has been subscribed by investors. Here’s how subscription works:
- Total Subscription: This is the overall demand for the IPO shares, measured in terms of the total number of shares subscribed to by all investors (retail, QIBs, and NIIs).
- Example: If an IPO offers 1,000,000 shares and investors apply for 3,000,000 shares, the subscription ratio is 3x (3 times).
- Category-wise Subscription: IPO subscription is also measured separately for each investor category:
- Retail Subscription: The number of shares applied by retail investors divided by the number of shares allocated to the retail category.
- QIB Subscription: The number of shares applied by institutional investors divided by the shares allocated for QIBs.
- NII Subscription: The number of shares applied by non-institutional investors divided by the number of shares allocated for NIIs.
- Oversubscription: If more applications are received than the number of shares available, it results in an oversubscription. For example, if the IPO offers 1,000,000 shares and 5,000,000 shares are applied for, the IPO is oversubscribed by 5x.
- Under-subscribed: If fewer applications are received than the number of shares offered, the IPO is considered under-subscribed. This is rare but can happen if the market sentiment is negative or if investors do not show interest in the company.
What is the difference between retail, QIB, and NII categories in an IPO?
Retail Investors (RI): Individual investors applying for shares worth up to ₹2 lakh.
Qualified Institutional Buyers (QIBs): Large entities like mutual funds and banks with significant investment capital.
Non-Institutional Investors (NIIs): High-net-worth individuals (HNIs) applying for shares worth over ₹2 lakh.
IPO Subscription Status
The subscription status of an IPO is an important indicator of its demand. It is updated regularly on the official website of the stock exchanges (BSE, NSE) or on the company’s IPO webpage during the offer period.
- Day-wise Subscription: During the IPO offer period, subscription details are released on a day-by-day basis, showing how many times the IPO has been subscribed in each category.
- Final Subscription Status: After the IPO closes, the final subscription status is announced, which provides the exact subscription numbers and the final allotment process.
Importance of IPO Subscription
- Indicates Demand: The level of oversubscription indicates investor demand for the shares. A highly oversubscribed IPO indicates a strong demand and positive market sentiment towards the company.
- Example: A 10x oversubscription could signal strong investor confidence and may lead to a higher listing price post-IPO.
- Pricing and Listing: IPO subscription also impacts the pricing and listing of the shares on the stock exchange. If the subscription rate is low, the company may be forced to lower the issue price or delay the listing.
- A higher subscription rate typically leads to higher listing gains for investors.
- Allotment Process: The subscription data helps the company’s registrar in deciding the allotment process. For oversubscribed IPOs, the shares are allotted based on a pro-rata basis or lottery system depending on the category of investors.
- Investor Sentiment: The subscription rate is a good indicator of how investors perceive the company’s future prospects. A higher subscription often reflects trust and a positive outlook on the company’s business model.
How to Track IPO Subscription?
To track the IPO subscription, you can visit the official website of the BSE (Bombay Stock Exchange) or NSE (National Stock Exchange). They provide daily updates on the IPO subscription status, breaking it down by investor category. Additionally, financial news websites also cover IPO updates and provide the latest subscription data.
Conclusion
IPO subscription plays a vital role in shaping the outcome of an IPO. It helps investors gauge the demand for shares and understand the level of interest in a company. For potential investors, understanding the subscription data can provide insights into the company’s market sentiment and help decide whether to apply for the IPO or not. Always monitor the subscription rate and the category-wise allocation to make an informed decision.
FAQs about IPO Subscription
What is an IPO subscription?
An IPO subscription is the process by which investors apply for shares of a company during its Initial Public Offering (IPO) before the shares are listed on the stock exchange.
How can I apply for an IPO?
You can apply for an IPO through your Demat account by using the ASBA (Application Supported by Blocked Amount) feature provided by your bank or stockbroker.
What does oversubscription mean in an IPO?
Oversubscription occurs when the number of applications for an IPO exceeds the number of shares available. For example, if an IPO offers 1,000,000 shares and investors apply for 5,000,000 shares, the IPO is oversubscribed by 5x.
What happens if an IPO is under-subscribed?
If an IPO is under-subscribed (fewer applications than shares offered), the company may lower the issue price, extend the subscription period, or withdraw the IPO altogether.
How are shares allotted in case of oversubscription?
In case of oversubscription, shares are allotted on a pro-rata basis or via a lottery system, depending on the category of investors.
Where can I check the IPO subscription status?
You can check the subscription status on the official websites of stock exchanges (BSE or NSE) or through financial news platforms.
How does IPO subscription affect the listing price?
A higher subscription rate indicates strong demand, often leading to a higher listing price when the shares are traded on the stock exchange.
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