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
What is IPO subscription?
IPO subscription represents the overall demand for shares in an Initial Public Offering by indicating the total number of shares applied by investors during the subscription period. This data, which varies throughout the subscription window, is tracked in real-time across different investor types.
The subscription period typically spans three days, depending on the IPO type. Real-time IPO subscription status can be accessed through platforms like 5paisa and the official BSE and NSE websites. The final subscription figures are confirmed once the IPO bidding period ends. The IPO bidding period usually ends on the third day from the date when the IPO was opened for subscription.
How to check IPO Subscription Status?
To monitor the status of an IPO subscription, one can visit the official websites of the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE). These sites give real-time updates on the number of times an IPO has been subscribed to, broken down by investor type (retail, institutional, and non-institutional).
Furthermore, one can check out 5paisa for full real-time data on IPO subscriptions, including in-depth research and insights. Monitoring these sources enables investors to analyze the demand for an IPO, allowing them to make more informed judgments depending on the degree of interest and engagement from various market sectors.
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
Why Should You Track the Status of Your IPO Subscriptions?
Tracking the status of your IPO subscriptions is important for a variety of reasons. First, it keeps you updated about the level of demand for the IPO, which might offer insight into how the company will perform on listing day. High subscription numbers frequently imply substantial investor interest, which can lead to a higher listing price.
Second, by tracking the subscription status, you may determine your odds of allocation, particularly in circumstances of oversubscription where shares are allotted using a lottery method.
Finally, remaining informed enables you to plan your next moves, whether it's preparing cash for a potential allotment or deciding on a listing day strategy, such as whether to hold or sell shares.
What are the different types of subscription categories for an IPO?
In an IPO, there are usually three major subscription categories for investors:
● Retail Individual Investors (RIIs) apply for shares with an investment of up to ₹2 lakhs. RIIs frequently get a specified percentage of the total number of shares offered in the IPO, and in the event of oversubscription, shares may be awarded using a lottery mechanism.
● Non-Institutional Investors (NIIs) are high-net-worth people who invest over ₹2 lakhs. NIIs do not have guaranteed allotments, and shares are dispersed proportionately in the case of oversubscription.
● Qualified Institutional Buyers (QIBs) include mutual funds, banks, insurance firms, and international institutional investors. They are often given a large chunk of the IPO shares and frequently influence market sentiment surrounding the IPO.
Understanding these categories helps investors in determining their prospects of allotment and the dynamics of the IPO process.
What are the Various Factors Affecting Subscription Status?
A number of variables determine an IPO's subscription status, including:
● Market Sentiment: Positive market conditions and investor confidence frequently result in increased subscription rates. Bearish markets, on the other hand, might lead to decreased interest in initial public offerings.
● Company Fundamentals: Strong financials, growth potential, and a well-known brand can entice investors, resulting in increased subscription levels.
● Pricing: If the IPO is priced advantageously within the predicted valuation range, demand is likely to increase. Overpricing may dissuade investors.
● Sector Performance: The performance of the industry or sector in which the firm operates might influence investor interest. A growing industry may attract additional subscribers.
● Institutional Participation: Strong demand from Qualified Institutional Buyers (QIBs) frequently enhances trust among retail and non-institutional investors, resulting in higher overall subscription rates.
Frequently Asked Questions
In an oversubscribed IPO, demand for shares exceeds the amount of shares offered, lowering your chances of receiving the entire number of shares you applied for. If the IPO is substantially oversubscribed, retail investors may be allotted shares using a lottery method, which means they may receive fewer shares than requested or none at all.
The subscription status of an IPO is communicated to investors via a variety of sources. Investors can get real-time updates from stock market websites such as BSE and NSE. The IPO registrar's website (e.g., Link Intime, KFintech) also contains subscription information. Additionally, several brokers update the status on their systems.
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