Live IPO Subscription Status: Check BSE & NSE Subscription Online

15 December 2025
4 min read
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IPO subscription refers to the number of times an IPO has been bid for relative to the number of shares offered. It reflects the total demand for an IPO from Retail, QIB, and HNI investors.
Example:
If a company offers 1 crore shares and receives bids for 5 crore shares, the subscription is 5×.
A higher subscription suggests strong investor interest, while low subscription indicates weaker demand.

Mainboard and SME Live Subscription Status from BSE and NSE

Name

Date

Type

Issue Size

QIB

NII

Retail

Employee

Others

Total

ICICI Prudential AMC

16 Dec 2025

Mainboard

10602.65 Cr

2.21

3.85

0.83

  2.71

2.02

Park Medi World IPO

12 Dec 2025

Mainboard

920.00 Cr

12.07

15.93

3.32

   

8.52

Nephrocare Health Services

12 Dec 2025

Mainboard

871.05 Cr

26.82

24.77

2.36

   

14.08

Corona Remedies

10 Dec 2025

Mainboard

655.37 Cr

293.80

220.18

30.39

   

144.54

Wakefit

10 Dec 2025

Mainboard

1,288.89 Cr

3.04

1.05

3.14

   

2.52

Aequs

05 Dec 2025

Mainboard

921.81 Cr

120.92

80.59

77.47

   

101.52

Meesho

05 Dec 2025

Mainboard

5,421.20 Cr

120.18

38.13

18.92

   

79

Vidya Wires

05 Dec 2025

Mainboard

300.01 Cr

5.12

51.96

27.69

   

26.5

Sudeep Pharma

25 Nov 2025

Mainboard

895.00 Cr

213.08

116.62

15.45

   

93.6

Excelsoft Technologies

21 Nov 2025

Mainboard

500.00 Cr

47.55

101.64

15.48

   

43.1

Neptune Logitek IPO

17 Dec 2025

SME

46.62 Cr

--

0.33

1.73

   

1.03

Ashwini Container Movers IPO

16 Dec 2025

SME

71.00 Cr

--

0.26

0.52

   

0.32

Exim Routes IPO

16 Dec 2025

SME

43.73 Cr

--

2.64

1.12

   

1.13

Stanbik Agro IPO

16 Dec 2025

SME

12.28 Cr

--

0.72

0.48

   

0.60

HRS Aluglaze IPO

15 Dec 2025

SME

50.92 Cr

3.5

82.13

49.54

   

44.83

Pajson Agro India IPO

15 Dec 2025

SME

74.45 Cr

7.64

6.86

3.85

   

6.50

Unisem Agritech IPO

12 Dec 2025

SME

21.45 Cr

1.79

1.58

2.26

   

1.95

As of 15th Dec"25; 6:00 PM

Understanding Category-Wise IPO Subscription

IPO demand varies across investor categories. Here's what each category means and why it matters:

Retail Individual Investors (RII)

  • Limit: Up to ₹2 lakh per application
  • Allotment: Lottery-based if oversubscribed
  • High retail subscription often indicates positive sentiment from small investors

Qualified Institutional Buyers (QIB)

Includes:

  • Mutual funds
  • Pension funds
  • Insurance companies
  • Foreign institutional investors

A strong QIB subscription is one of the biggest signs of confidence and often leads to good listing performance.

Non-Institutional Investors (NII / HNI)

  • Investors applying for more than ₹2 lakh
  • Allotment: Proportional
  • Sub-categories:
    • sHNI (2–10 lakh)
    • bHNI (>10 lakh)

High NII subscription often indicates aggressive demand.

Employee & Shareholder Quota

Some IPOs reserve a portion for:

  • Employees
  • Shareholders of the parent company

These categories sometimes come with discounted pricing.

How is IPO Subscription Calculated?

IPO subscription is calculated based on the total bids received compared to the total shares available:

Subscription = Total shares bid ÷ Total shares offered

Examples:

Case 1: Oversubscription

IPO offers 1 crore shares
Bids received: 10 crore shares
Subscription: 10×

Case 2: Undersubscription

IPO offers 1 crore shares
Bids received: 80 lakh shares
Subscription: 0.8× (not fully subscribed)

Subscription figures are updated multiple times throughout the IPO bidding days.

What IPO Subscription Numbers Indicate for Investors

IPO subscription levels provide key information:

1. Market Sentiment

High subscription across categories indicates confidence in the company.

2. Expected Listing Gains

Heavily subscribed IPOs often list at a premium, though not guaranteed.

3. Allotment Probability

Retail oversubscription reduces your chances of getting allotment.

4. Institutional Strength

Strong QIB demand often predicts stability and long-term interest.

IPO Subscription for SME IPOs

SME IPOs have different dynamics:

  • Smaller issue size → Higher subscription multiples

  • Listing happens on NSE Emerge or BSE SME

  • Subscription patterns can be more volatile

  • Retail and HNI categories are especially important

SME IPO subscription trends often spike closer to the final bidding day.

Why IPO Subscription Matters Before Investing

Understanding subscription data helps you:

  • Evaluate real demand for the IPO

  • Compare popularity with other IPOs

  • Gauge expected listing performance

  • Understand institutional participation levels

  • Make more informed decisions about whether to apply

Subscription data is one of the strongest market sentiment indicators during an IPO.

How IPO Subscription Affects Allotment Chances?

Subscription directly influences allotment:

Retail Investors

  • Allotment is lottery-based

  • Higher subscription → Lower chances of allotment

  • Example: If oversubscribed 50×, you have about 1 in 50 chance

HNI/NII

  • Allotment is proportional

  • If oversubscribed 20×, you may get 1/20th of your bid

QIB

  • Allotment is proportionate but allocation rules differ.

Understanding subscription helps investors set realistic expectations for allotment.

How to Check IPO Subscription Status

Here are the commonly used methods:

1. NSE & BSE Subscription Updates

Exchanges publish hourly updates during IPO bidding days.

2. Registrar Websites

KFintech, Link Intime, and others publish end-of-day bidding summaries.

3. Broker Platforms

Most brokers show live subscription data inside their IPO section.

4. Financial News Platforms

Websites tracking IPO performance publish updated subscription numbers daily.

 

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) Ltd. do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
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