Admach Systems IPO Subscription Status
Admach Systems IPO was subscribed 3.95 times when bidding closed on 26 Dec 2025: QIB 1.55x, NII 6.18x, Retail 3.76x.
The Admach Systems IPO has been subscribed 3.95x times overall. Retail investors have shown interest with bids for 3.76x the shares available. The Non-Institutional Investor (NII) category has been subscribed 6.18x. Within NII, Big HNI (B-HNI) subscribed 9.56x and Small HNI (S-HNI) subscribed 3.76x. Qualified Institutional Buyers (QIBs) have subscribed 1.55x. Data last updated on 25 Aug, 12:56 PM.
The IPO subscription period has ended. The issue opened on 23 Dec, 2025 and closes on 26 Dec, 2025. The shares are expected to list on stock exchanges on 31 Dec, 2025.
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. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 5,91,000 of 3,81,600 3 applications | 1.55x |
| NII | 29,01,000 of 4,69,200 765 applications | 6.18x |
| Retail | 27,13,200 of 7,21,200 2,261 applications | 3.76x |
| TOTAL | 62,05,200 3,029 applications | 3.95x |
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 26.6% for a single lot.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
25 Dec 2025
Day 3 |
4.13x | ▼ | |
|
QIB1.55x
NII7.40x
Retail3.77x
|
|||
|
24 Dec 2025
Day 2 |
1.22x | ▼ | |
|
QIB1.44x
NII1.61x
Retail0.90x
|
|||
|
23 Dec 2025
Day 1 |
0.05x | ▼ | |
|
QIB0.00x
NII0.05x
Retail0.07x
|
|||
Admach Systems SME IPO dates
From the bidding window to listing. Today is 11 October.
- Open 23 Dec 2025
- Close 26 Dec 2025
- Allotment 29 Dec 2025
- Refund/credit 30 Dec 2025
- Listing 31 Dec 2025
Admach Systems IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
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 market hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Admach Systems IPO?
As of IPO close date (26 Dec, 2025), the Admach Systems IPO is subscribed 3.95x times. Retail category is 3.76x, and NII is 6.18x subscribed.
When is the allotment date for Admach Systems IPO?
The allotment for Admach Systems IPO is expected to be finalized on 29 December, 2025.
When will Admach Systems IPO list on the stock market?
Admach Systems is scheduled to list on BSE and NSE on 31 December, 2025.
What are the chances of getting allotment in Admach Systems IPO?
The retail category is oversubscribed at 3.76x, meaning allotment is by lottery. Statistically, approximately 1 in 4 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 1.55x mean for Admach Systems IPO?
Moderate — QIBs have subscribed 1.55x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Admach Systems IPO allotment status?
After the allotment date (29 Dec, 2025), you can check your Admach Systems IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Admach Systems SME IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
