IPO Subscription Status — Live Updates 2026
Track real-time subscription status for all currently open IPOs in India. This page shows day-wise subscription data across all investor categories — Retail Individual Investors (RII), Non-Institutional Investors (NII/HNI), and Qualified Institutional Buyers (QIB).
| IPO Name | Type | IPO Dates | Price (INR) | Subscription | Status |
|---|---|---|---|---|---|
| ▶ Emiac Technologies IPO | SME | 27 – 08 Apr | 93 | 35.00x | 🔥 Hot |
Understanding IPO Subscription Categories
- Retail Individual Investors (RII): Individual investors applying for up to ₹2,00,000. Typically allocated 35% of the IPO in mainboard offerings.
- Non-Institutional Investors (NII/HNI): Individual investors applying for more than ₹2,00,000. Typically allocated 15% of the IPO. Divided into sNII (₹2-10 lakh) and bNII (above ₹10 lakh).
- Qualified Institutional Buyers (QIB): Mutual funds, insurance companies, FIIs, and banks. Typically allocated 50% of the IPO. High QIB subscription is considered a strong positive signal.
How to Read Subscription Numbers
- 1x subscription: Exactly the number of shares offered have been applied for — fully subscribed
- 5x subscription: 5 times more applications than shares available — oversubscribed
- 0.5x subscription: Only half the shares have been applied for — under-subscribed
- Higher subscription = Lower allotment probability for individual investors
What Subscription Data Tells You
Subscription patterns evolve over the 3-day bidding period. Day 1 typically shows low numbers, Day 2 picks up significantly, and Day 3 (final day) often sees a surge — especially in the QIB category, as institutions tend to bid on the last day.
A strong QIB subscription (above 10x) historically correlates with positive listing performance. However, very high retail subscription (above 15-20x) may result in low allotment for individual investors.
Frequently Asked Questions
When is subscription data updated?
Exchanges release subscription data multiple times during the day — typically at 10:00 AM, 12:00 PM, 5:00 PM, and 7:00 PM IST. We update our data twice daily.
Does high subscription guarantee good listing?
Not always, but historically IPOs with total subscription above 10x have had a higher probability of listing at a premium. QIB subscription is generally considered a more reliable indicator than retail subscription.