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Aequs IPO Subscription Status

The Aequs IPO has been subscribed 101.63x times overall. Retail investors have shown interest with bids for 78.05x the shares available. The Non-Institutional Investor (NII) category has been subscribed 80.62x. Within NII, Big HNI (B-HNI) subscribed 77x and Small HNI (S-HNI) subscribed 87.87x. Qualified Institutional Buyers (QIBs) have subscribed 120.92x. Data last updated on 20 Apr, 04:28 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 03 Dec, 2025 and closes on 05 Dec, 2025. The shares are expected to list on stock exchanges on 09 Dec, 2025.

Total Subscription
101.63 x
QIB 120.92x
BHNI 77x
SHNI 87.87x
Retail 78.05x
Employee 35.85x

Live Bidding

Category Bid Details TIMES
QIB
2,73,41,34,360
of 2,26,10,608
33,903.27 Cr
120.92x
NII
93,01,67,880
of 1,15,37,634
11,534.08 Cr
80.62x
Retail
60,03,37,560
of 76,91,756
7,444.19 Cr
78.05x
Employee
67,00,920
of 1,86,915
83.09 Cr
35.85x
TOTAL
4,27,13,40,720
52,964.62 Cr
101.63x

Last Updated: 20 Apr 2026, 04:28 PM

Subscription Insights

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 79 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 120.92x. This often signals long-term confidence from professional funds.

Day-wise Subscription History

Subscription trends over the last 5 days

Date Total
20 Apr 2026 DAY 5
101.63x
QIB 120.92x
BHNI 77x
SHNI 87.87x
Retail 78.05x
Employee 35.85x
21 Jan 2026 DAY 4
101.63x
QIB 120.92x
BHNI 77.00x
SHNI 87.87x
Retail 78.05x
Employee 35.85x
05 Dec 2025 DAY 3
104.30x
QIB 122.93x
BHNI -x
SHNI -x
Retail 81.03x
04 Dec 2025 DAY 2
11.49x
QIB 0.75x
BHNI -x
SHNI -x
Retail 34.57x
03 Dec 2025 DAY 1
3.56x
QIB 0.68x
BHNI -x
SHNI -x
Retail 12.16x
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Aequs IPO Allotment Probability

Retail
1 in 79
Lottery — ~1.3% chance per application
NII / HNI
80.62x
Proportionate allotment applies
QIB
120.92x
Strong institutional demand

Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change 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:

  • 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.
  • 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.
  • 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.
  • 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 Questions

What is the current subscription status of Aequs IPO?

As of IPO close date (05 Dec, 2025), the Aequs IPO is subscribed 101.63x times. Retail category is 78.05x, and NII is 80.62x subscribed.

When is the allotment date for Aequs IPO?

The allotment for Aequs IPO is expected to be finalized on 08 December, 2025.

What is the GMP of Aequs?

The Grey Market Premium (GMP) for Aequs is currently ₹16, indicating a potential listing gain of 13%.

When will Aequs IPO list on the stock market?

Aequs is scheduled to list on BSE and NSE on 09 December, 2025.

What are the chances of getting allotment in Aequs IPO?

The retail category is oversubscribed at 78.05x, meaning allotment is by lottery. Statistically, approximately 1 in 79 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 120.92x mean for Aequs IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 120.92x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Aequs IPO allotment status?

After the allotment date (08 Dec, 2025), you can check your Aequs 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 Aequs IPO Further

Track every stage of this IPO from subscription to listing:

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