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Adhunik Metaliks IPO Subscription Status

Adhunik Metaliks IPO was subscribed 3.39 times when bidding closed on 17 Mar 2006: QIB 5.53x, NII 1.78x, Retail 1.39x.

The Adhunik Metaliks IPO has been subscribed 3.39x times overall. Retail investors have shown interest with bids for 1.39x the shares available. The Non-Institutional Investor (NII) category has been subscribed 1.78x. Qualified Institutional Buyers (QIBs) have subscribed 5.53x. Data last updated on 12 Nov, 08:14 PM.

The IPO subscription period has ended. The issue opened on 13 Mar, 2006 and closes on 17 Mar, 2006. The shares are expected to list on stock exchanges on 05 Apr, 2006.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 12 Nov 2026, 08:14 PM
Category Bid details Times
QIB - of - - 5.53x
NII - of - - 1.78x
Retail - of - - 1.39x
Employee - of - - 0.91x
TOTAL - - 3.39x
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Adhunik Metaliks IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
2 out of 3
~71.9% chance per PAN — based on 1.39x subscription. Winners get exactly 1 lot (₹5,550) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
3 out of 5
~56.2% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
5.53x
Proportionate allotment — at 5.53x, institutions receive ~18.1% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 71.9% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 5.53x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 1-day bidding window. On phones, tap a day for the category split.

Date Total
17 Mar 2006
Day 1
3.39x ▼
QIB5.53x BHNI- SHNI- Retail1.39x Employee0.91x

Adhunik Metaliks IPO dates

From the bidding window to listing. Today is 12 November.

Key dates Listed
  1. Open 13 Mar 2006
  2. Close 17 Mar 2006
  3. Allotment TBA
  4. Refund/credit TBA
  5. Listing 05 Apr 2006

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Adhunik Metaliks IPO?

As of IPO close date (17 Mar, 2006), the Adhunik Metaliks IPO is subscribed 3.39x times. Retail category is 1.39x, and NII is 1.78x subscribed.

When will Adhunik Metaliks IPO list on the stock market?

Adhunik Metaliks is scheduled to list on BSE and NSE on 05 April, 2006.

What are the chances of getting allotment in Adhunik Metaliks IPO?

The retail category is oversubscribed at 1.39x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 5.53x mean for Adhunik Metaliks IPO?

Moderate — QIBs have subscribed 5.53x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
3.39x
QIB
5.53x
NII
1.78x
Retail
1.39x
Full IPO details
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