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IPO Subscription Status Live

Real-time IPO subscription data for all current and recent IPOs. Track QIB, NII, and Retail investor participation to gauge market demand.

Open IPOs

1

Highest Subscription

0.1x

Avg Subscription

0.1x

50x+ Success Rate

100%

Live Subscription Data

Updates every hour
IPO NameDay
QIB
NII
Retail
TotalStatus

BSE SME | 2026-04-08

Day 60.14x0.18x0.12x0.15xLast Day

QIB (50% Quota)

Qualified Institutional Buyers - Mutual funds, FIIs, insurance companies, banks, and other institutional investors.

  • Minimum investment: Rs 2 Cr+
  • Cannot withdraw application
  • Indicates institutional confidence

NII/HNI (15% Quota)

Non-Institutional Investors or High Net Worth Individuals investing more than Rs 2 lakh.

  • Investment: Rs 2L - Rs 2 Cr
  • Often leverage with IPO funding
  • Higher competition = lower allotment

Retail (35% Quota)

Retail Individual Investors applying for up to Rs 2 lakh worth of shares in the IPO.

  • Maximum investment: Rs 2 lakh
  • Allotment by lottery if oversubscribed
  • Best odds for small investors

Recent IPO Final Subscription

IPO NameQIBNIIRetailTotalGMPStatus

BSE SME

22.1x35.4x68.2x42.50x+Rs 8Allotment

Mainboard

1.48x1.24x1.82x1.53x+Rs 1Listing

NSE SME

124.2x142.6x198.4x156.80x+Rs 28Closed

Mainboard

26.4x24.8x35.2x28.60x+Rs 42Closed

BSE SME

86.2x98.4x145.8x112.50x+Rs 18Closed

NSE SME

68.8x72.5x118.2x89.40x+Rs 12Closed

Subscription vs Listing Gain Correlation

Our analysis of 32+ IPOs shows a strong correlation between subscription levels and listing performance. Higher oversubscription generally indicates stronger demand and better listing prospects.

100x+ Subscription~85% positive listing
50-100x Subscription~75% positive listing
10-50x Subscription~65% positive listing
Below 10x Subscription~50% positive listing

Key Insights

  • QIB subscription is the most reliable indicator - institutions have better research capabilities
  • Retail rush on last day often indicates FOMO rather than fundamental analysis
  • SME IPOs typically see higher subscription but also higher volatility in listing
  • Subscription alone shouldn't drive decisions - always check GMP, financials, and market conditions

Data Sources

Subscription data is sourced from BSE and NSE official updates released at 10 AM, 12 PM, 3 PM, 5 PM, and 7 PM (final) on each IPO day. We update our platform with each release. Minor discrepancies may occur between our data and exchange websites due to timing of updates.

Frequently Asked Questions

What is IPO subscription status?

IPO subscription status shows how many times an IPO has been subscribed compared to the shares offered. For example, '10x subscribed' means applications were received for 10 times the available shares. Higher subscription indicates stronger demand and typically better listing prospects.

What are QIB, NII, and Retail categories in IPO?

QIB (Qualified Institutional Buyers) includes mutual funds, FIIs, and banks. NII (Non-Institutional Investors) or HNI are investors applying for more than Rs 2 lakh. Retail Individual Investors (RII) apply for up to Rs 2 lakh. Each category has a reserved quota - typically 50% QIB, 15% NII, and 35% Retail.

Does high subscription guarantee listing gains?

High subscription indicates strong demand but doesn't guarantee listing gains. However, historically, IPOs with subscription above 50x have shown 75%+ positive listing rate. Other factors like market conditions, GMP, and company fundamentals also impact listing performance.

When is IPO subscription data updated?

IPO subscription data is updated multiple times during market hours. BSE and NSE release official updates at 10 AM, 12 PM, 3 PM, 5 PM, and final data at 7 PM IST. We update our platform with each release for real-time tracking.

Allotment Status

Check your IPO allotment online

IPO GMP Guide

Understand grey market premium

Listing Gain Analysis

Historical listing performance