Live IPO Subscription Status
IPO Subscription is the number of times a public issue is subscribed at BSE and NSE while it is open for either 3 working days or 4-5 working days in case of SME IPO. The investors can place the bid for IPO shares with any of the exchange (i.e. BSE or NSE).
There are four categories of investors for mainline IPO namely QIB, NII, Retail, and Employee categories while for SME IPOs there are only two categories such as NII and Retail categories (Sometimes in QIB as per the allotted quota).
Each exchange provides live IPO subscription status on its website for the bids received by them.
A privately held company to raise funds files a DHRP with SEBI for an IPO. Upon approval, it gets listed at stock exchanges by offering its shares (via fresh issuance or offer for sale) through Initial Public Offer IPO. Company going public receives bids from investors for shares offered through IPO. In most cases, the IPO receives the bid for more than the number of shares on offer.
IPO Subscription Status List
SME IPO Subscription Status List
Why is IPO live subscription data important for investors?
• It portrays the demand of the shares; higher demand usually results in better listing gains
• Investors choose a category based on the subscription figure i.e., Retail or HNI
• The HNI and QIB quota suggests the IPO Listing estimates
• It impacts the GMP value of the issue which indirectly would impact the listing price
Open Free Demat Account in 5 minutes
By proceeding, you agree to the T&C.
Frequently Asked Questions
IPO Subscription is the number of times a public issue is subscribed at BSE and NSE while it is open for either 3 working days or 4-5 working days in case of SME IPO. The investors can place the bid for IPO shares with any of the exchange (i.e. BSE or NSE).
IPO Subscription Status means what and what type of investors are investing in the IPOs. The company subscription numbers decide the IPO’s future demand.
The IPO subscription status/numbers mean the investors subscribed against the offerings. If a company offers 1,00,000 shares and the subscription comes for 5,00,000 it means IPO subscribed 5 times.
QIBs are defined under SEBI regulations as entities who invest in IPOs for long term investment horizon and hence have to qualify on specific parameters set by SEBI and Stock Exchanges such as minimum net worth, net profit, minimum turnover, etc. They include Mutual Funds, Insurance Companies, Pension Funds, etc.
Non-institutional investors are those who do not have to register with SEBI to apply for shares and get their shares regardless of how well the IPO does.
Retail investors are those who apply for shares via the book-building procedure for up to 2 Lac only, they have a very low purchasing power, and pay large trading commissions or fees in comparison to institutional investors
In order to check the bid details for an IPO on NSE, one needs to go to the website and under ‘Markets Data’, select ‘New Public Issues’. A new window will show all the IPOs that are active at that time.
By selecting the issue, you seek the information on, you will be directed to a new page, wherein under Bid Details, you can get Consolidated Bid Details and NSE Bid Details.
Similarly, on BSE, go to Menu and from the dropdown select ‘Public Issues/OFS/SGB’. Therein, you will get all the live and upcoming public issues.
On selecting the active public issue, you will be redirected to a page containing details of that particular IPO.