Aequs IPO Subscription Status
Aequs IPO was subscribed 101.63 times when bidding closed on 5 Dec 2025: QIB 120.92x, NII 80.62x, Retail 78.05x.
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 27 Aug, 12:01 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.
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.
| 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 |
bHNI — bid amount above ₹10 Lakh |
59,22,48,480 7,343.88 Cr | 77 |
sHNI — bid amount ₹2–10 Lakh |
33,79,19,400 4,190.20 Cr | 87.87 |
| 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 42,14,010 applications 52,964.62 Cr | 101.63x |
Aequs IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹124.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 57.41x subscribed | 42,14,010 | 69,114 | 1 out of 611 out of 61 |
Aequs IPO allotment probability
Your odds of an allotment in each category at the current subscription.
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
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
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
05 Dec 2025
Day 3 |
104.30x | ▼ | |
|
QIB122.93x
BHNI-
SHNI-
Retail81.03x
|
|||
|
04 Dec 2025
Day 2 |
11.49x | ▼ | |
|
QIB0.75x
BHNI-
SHNI-
Retail34.57x
|
|||
|
03 Dec 2025
Day 1 |
3.56x | ▼ | |
|
QIB0.68x
BHNI-
SHNI-
Retail12.16x
|
|||
Aequs IPO dates
From the bidding window to listing. Today is 30 October.
- Open 03 Dec 2025
- Close 05 Dec 2025
- Allotment 08 Dec 2025
- Refund/credit 09 Dec 2025
- Listing 09 Dec 2025
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 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.
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.
