NSE IPO Subscription Status — Day-wise, QIB, NII & Retail
NSE IPO subscription status shows how many times the issue has been bid for, split across QIB, NII and retail categories. Here is where to track it and what the figures tell you.
Subscription window: — to 21 Sep 2026. Page data as of 17 Sep 2026.
Where to track NSE live subscription
Subscription numbers update through each bidding day. Track them on the NSE and BSE IPO bidding pages, or in your broker's IPO section; this page picks up the exchange's end-of-day figure once bidding starts.
NSE subscription categories explained
- QIB — qualified institutional buyers (mutual funds, banks, FIIs). Strong QIB demand is often read as a confidence signal.
- NII / HNI — non-institutional bids above Rs 2 lakh (sNII Rs 2–10 lakh, bNII above Rs 10 lakh).
- Retail — applications up to Rs 2 lakh. Heavy retail oversubscription means allotment by lottery.
How subscription affects NSE 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: NSE's latest tracked GMP is Rs 125 (7.00% of the upper band). GMP is unofficial and volatile — never a forecast. See NSE's GMP page and how allotment works in allotment tips.
FAQs
What is NSE IPO subscription status?
Subscription status is how many times NSE has been bid for versus shares on offer, across QIB, NII and retail. The exchange publishes the figure at the end of each bidding day; this page shows it once bidding starts.
Does high subscription mean I will get NSE 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.