IPO Subscription Status Today: QIB, NII & Retail by IPO
Open now: Core4 Engineers IPO 0.08x (QIB 0x, NII 0.05x, retail 0.14x). Most subscribed of the last 96: Robokidz Eduventures IPO at 833.56x.
Subscription by investor category
Questions
What do QIB, NII and retail mean?
They are the investor categories: QIB are qualified institutional buyers (funds, banks, insurers), NII are non-institutional investors bidding above ₹2 lakh, and retail are individuals bidding up to ₹2 lakh.
What does “subscribed 20x” mean?
Investors bid for 20 times the shares on offer in that category. The higher the subscription, the lower your chance of getting an allotment.
When is subscription updated?
Every 30 minutes during market hours on bidding days, with a final figure in the evening after bidding closes.
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