Track IPO Subscription Progress, Real-Time Updates
Track IPO subscription progress to stay updated on the number of shares applied for and available. This real-time data helps investors understand the demand for the IPO.
As the subscription period progresses, you can monitor live updates on how many shares are being subscribed to by different categories of investors, such as retail, qualified institutional buyers, and non-institutional investors.
By checking the IPO subscription status, you can gauge the oversubscription levels, which may impact the likelihood of receiving shares in the allotment process.

Live IPO Subscription Status
What is IPO Subscription?
IPO subscription refers to the process through which investors apply for shares during a company’s Initial Public Offering (IPO). When a company decides to go public, it offers its shares to the public for the first time, and investors can subscribe to purchase these shares during a specified period. The IPO subscription process helps gauge the market demand for the company’s shares and plays a key role in determining the final listing price.
During the IPO subscription period, investors can apply in different categories, and the allocation of shares may vary depending on the type of investor. The main investor categories include:
- Qualified Institutional Buyers (QIB): These are institutional investors such as mutual funds, banks, and insurance companies. They are considered the most important category, as they often apply for a large number of shares, and their participation is crucial for the success of the IPO. QIBs usually receive a substantial portion of the IPO offering.
- Non-Institutional Investors (NII): This category includes high-net-worth individuals (HNI) and other individual investors who apply for a larger number of shares compared to retail investors. They generally participate in higher-value bids and may receive a proportionally larger share allocation.
- Retail Investors: Individual investors who apply for IPO shares in small quantities, typically under a specified limit (e.g., ₹2 Lakh Max). Retail investors usually get a portion of the shares offered in the IPO.
- Employees: In some IPOs, the company offers a reserved portion of shares to its employees. This allows employees to participate in the company’s growth by purchasing shares at the IPO price, often at a discounted rate.
How IPO Subscription Works?
Application: Investors choose how many shares they wish to buy and apply for the IPO through their brokers. In the case of book-building IPOs, investors bid within a price range, while in a fixed-price IPO, the share price is set in advance.
Allotment: Once the subscription period ends, the company allocates shares to investors based on the demand and the investor category. If the IPO is oversubscribed, the allotment may be proportional, or some investors may not receive any shares at all.
Listing and Trading: After the allotment, the company’s shares are listed on a stock exchange, and trading begins. Investors can then sell their shares on the open market or hold them for the long term.
IPO Subscription - FAQs
What is IPO subscription?
IPO subscription refers to the process of investors applying for shares in an Initial Public Offering (IPO).
Who can subscribe to an IPO?
Retail investors, qualified institutional buyers (QIBs), and non-institutional investors (NIIs) can subscribe to an IPO.
How can I subscribe to an IPO?
You can apply for an IPO through your bank or stockbroker using the ASBA process.
What is the ASBA process?
ASBA (Application Supported by Blocked Amount) ensures the application amount remains blocked in your account until shares are allotted.
What does oversubscription in an IPO mean?
Oversubscription occurs when more shares are applied for than are available in the IPO.
What happens if an IPO is undersubscribed?
If an IPO is undersubscribed, the issuing company may cancel or reduce the IPO size.
Can I apply for an IPO using multiple accounts?
Yes, but each application must have a unique PAN. Duplicate applications with the same PAN may be rejected.
What are the subscription categories in an IPO?
IPOs are divided into categories like retail investors, QIBs, and NIIs, each with a specific share allocation.
How can I check the IPO subscription status?
You can check the subscription status on the stock exchange or IPO registrar's website.
Is there a limit to how much I can invest in an IPO?
Yes, retail investors can invest up to ₹2,00,000 in an IPO under the retail category.
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