Maharaja & Speedex IPO Subscription Status — Day-wise, QIB, NII & Retail
Maharaja & Speedex IPO subscription status shows how many times the issue was bid for, split across QIB, NII and retail categories. It was subscribed 30.21x on BSE at close, as of 15 Sep 2026, 17:02 IST (BSE) — the category breakdown is below.
Subscription window: 10 Sep 2026 to 15 Sep 2026. Page data as of 16 Sep 2026.
Maharaja & Speedex subscription day-wise
| Category | Day 1 11 Sep | Day 2 12 Sep | Day 3 15 Sep |
|---|---|---|---|
| QIB | 0.10x | 0.10x | 48.82x |
| NII | 0.86x | 0.86x | 30.09x |
| Non-Institutional Investors (Bid amount of more than Ten Lakh Rupees) | 1.34x | 1.34x | 45.13x |
| Non-Institutional Investors (Bid amount upto Ten Lakh Rupees) | 0.80x | 0.80x | 31.79x |
| Individual Investors (IND category bidding for 2 Lots) | 0.56x | 0.59x | 19.65x |
| Total | 0.52x | 0.53x | 30.21x |
Cumulative BSE bids at the end of each bidding day, keyed by BSE's own data date; the issue closes 15 Sep 2026. Columns are numbered by captured days; if a day was missed the count is lower, never shifted.
Maharaja & Speedex subscription by category
| Category | Shares offered | Shares bid for | Times subscribed |
|---|---|---|---|
| QIB | 818,400 | 39,958,200 | 48.82x |
| NII | 829,800 | 24,964,800 | 30.09x |
| Non-Institutional Investors (Bid amount of more than Ten Lakh Rupees) | 408,600 | 18,441,000 | 45.13x |
| Non-Institutional Investors (Bid amount upto Ten Lakh Rupees) | 205,200 | 6,523,800 | 31.79x |
| Individual Investors (IND category bidding for 2 Lots) | 1,432,800 | 28,149,600 | 19.65x |
| Total | 3,081,000 | 93,072,600 | 30.21x |
BSE bids only, as of 15 Sep 2026, 17:02 IST (BSE). A dash means BSE had not reported that row.
Maharaja & Speedex subscription categories explained
- QIB — qualified institutional buyers (mutual funds, banks, FIIs).
- Individual investors — since July 2025 an SME application is exactly two lots (above Rs 2 lakh); this category replaced the old retail bucket and is allotted by lottery when oversubscribed.
- NII — individuals and others bidding more than two lots. The exchange's own table may still print the older labels.
How subscription affects Maharaja & Speedex allotment and GMP
The more the retail portion is oversubscribed, the lower each applicant's odds — allotment becomes a lottery for one lot. Sentiment shows up in the grey market too: Maharaja & Speedex's latest tracked GMP is Rs 28 (15.05% of the upper band). GMP is unofficial and volatile — never a forecast. See Maharaja & Speedex's GMP page and how allotment works in allotment tips.
FAQs
What is Maharaja & Speedex IPO subscription status?
Maharaja & Speedex was subscribed 30.21x on BSE as of 15 Sep 2026, 17:02 IST (BSE). The table on this page breaks that down by QIB, NII and retail.
Does high subscription mean I will get Maharaja & Speedex allotment?
No — the opposite. Heavy retail oversubscription means allotment is by lottery, so your odds fall. High subscription signals demand, but does not improve your individual allotment chance.