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Aeroflex Industries IPO Subscription Status

Aeroflex Industries IPO was subscribed 98.46 times when bidding closed on 24 Aug 2023: QIB 190.97x, NII 129.61x, Retail 35.36x.

The Aeroflex Industries IPO has been subscribed 98.46x times overall. Retail investors have shown interest with bids for 35.36x the shares available. The Non-Institutional Investor (NII) category has been subscribed 129.61x. Within NII, Big HNI (B-HNI) subscribed 129.27x and Small HNI (S-HNI) subscribed 130.3x. Qualified Institutional Buyers (QIBs) have subscribed 190.97x. Data last updated on 10 Nov, 06:04 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 22 Aug, 2023 and closes on 24 Aug, 2023. The shares are expected to list on stock exchanges on 31 Aug, 2023.

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 10 Nov 2026, 06:04 PM
Category Bid details Times
QIB - of - - 190.97x
NII - of - - 129.61x
bHNI — bid amount above ₹10 Lakh
- - 129.27
sHNI — bid amount ₹2–10 Lakh
- - 130.3
Retail - of - - 35.36x
Shareholder - of - - 28.52x
TOTAL - - 98.46x
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Aeroflex Industries IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 35
~2.8% chance per PAN — based on 35.36x subscription. Winners get exactly 1 lot (₹14,040) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 130
~0.8% chance — based on 130.3x subscription. Lottery allots the minimum S-HNI application of 15 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 129
~0.8% chance — based on 129.27x subscription. Lottery allots the minimum NII application of 15 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
190.97x
Proportionate allotment — at 190.97x, institutions receive ~0.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

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 36 applicants will be successful.

Market Sentiment

Strong grey market premium of 180% suggests exceptional listing gains and high bullish sentiment among traders.

Institutional Backing

Massive institutional interest with QIBs subscribing 190.97x. 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
24 Aug 2023
Day 3
98.46x ▼
QIB190.97x BHNI129.27x SHNI130.3x Retail35.36x Shareholder28.52x
23 Aug 2023
Day 2
21.08x ▼
QIB8.05x BHNI- SHNI- Retail17.86x
22 Aug 2023
Day 1
6.77x ▼
QIB1.17x BHNI- SHNI- Retail6.81x

Aeroflex Industries IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 22 Aug 2023
  2. Close 24 Aug 2023
  3. Allotment 29 Aug 2023
  4. Refund/credit 30 Aug 2023
  5. Listing 31 Aug 2023

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 Aeroflex Industries IPO?

As of IPO close date (24 Aug, 2023), the Aeroflex Industries IPO is subscribed 98.46x times. Retail category is 35.36x, and NII is 129.61x subscribed.

When is the allotment date for Aeroflex Industries IPO?

The allotment for Aeroflex Industries IPO is expected to be finalized on 29 August, 2023.

What is the GMP of Aeroflex Industries?

The Grey Market Premium (GMP) for Aeroflex Industries is currently ₹194.73, indicating a potential listing gain of 180%.

When will Aeroflex Industries IPO list on the stock market?

Aeroflex Industries is scheduled to list on BSE and NSE on 31 August, 2023.

What are the chances of getting allotment in Aeroflex Industries IPO?

The retail category is oversubscribed at 35.36x, meaning allotment is by lottery. Statistically, approximately 1 in 36 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 190.97x mean for Aeroflex Industries IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 190.97x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Aeroflex Industries IPO allotment status?

After the allotment date (29 Aug, 2023), you can check your Aeroflex Industries 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.

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

Total
98.46x
QIB
190.97x
NII
129.61x
bHNI
129.27x
sHNI
130.3x
Retail
35.36x
Full IPO details
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