Afcons Infrastructure IPO Subscription Status
Afcons Infrastructure IPO was subscribed 2.91 times when bidding closed on 29 Oct 2024: QIB 4.2x, NII 558.76x, Retail 104.18x.
The Afcons Infrastructure IPO has been subscribed 2.91x times overall. Retail investors have shown interest with bids for 104.18x the shares available. The Non-Institutional Investor (NII) category has been subscribed 558.76x. Within NII, Big HNI (B-HNI) subscribed 6.98x and Small HNI (S-HNI) subscribed 280.96x. Qualified Institutional Buyers (QIBs) have subscribed 4.2x. Data last updated on 10 Nov, 11:18 PM.
The IPO subscription period has ended. The issue opened on 25 Oct, 2024 and closes on 29 Oct, 2024. The shares are expected to list on stock exchanges on 04 Nov, 2024.
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 | - of - - | 4.2x |
| NII | - of - - | 558.76x |
bHNI — bid amount above ₹10 Lakh |
- - | 6.98 |
sHNI — bid amount ₹2–10 Lakh |
- - | 280.96 |
| Retail | - of - - | 104.18x |
| Employee | - of - - | 187.28x |
| TOTAL | - - | 2.91x |
Afcons Infrastructure 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 105 applicants will be successful.
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 | ||
|---|---|---|---|
|
29 Oct 2024
Day 3 |
2.91x | ▼ | |
|
QIB4.2x
BHNI6.98x
SHNI280.96x
Retail104.18x
Employee187.28x
|
|||
|
28 Oct 2024
Day 2 |
0.36x | ▼ | |
|
QIB0.08x
BHNI0.75x
SHNI0.65x
Retail0.36x
|
|||
|
25 Oct 2024
Day 1 |
0.1x | ▼ | |
|
QIB0.01x
BHNI0.09x
SHNI0.16x
Retail0.14x
|
|||
Afcons Infrastructure IPO dates
From the bidding window to listing. Today is 11 November.
- Open 25 Oct 2024
- Close 29 Oct 2024
- Allotment 30 Oct 2024
- Refund/credit 31 Oct 2024
- Listing 04 Nov 2024
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 Afcons Infrastructure IPO?
As of IPO close date (29 Oct, 2024), the Afcons Infrastructure IPO is subscribed 2.91x times. Retail category is 104.18x, and NII is 558.76x subscribed.
When is the allotment date for Afcons Infrastructure IPO?
The allotment for Afcons Infrastructure IPO is expected to be finalized on 30 October, 2024.
When will Afcons Infrastructure IPO list on the stock market?
Afcons Infrastructure is scheduled to list on BSE and NSE on 04 November, 2024.
What are the chances of getting allotment in Afcons Infrastructure IPO?
The retail category is oversubscribed at 104.18x, meaning allotment is by lottery. Statistically, approximately 1 in 105 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 4.2x mean for Afcons Infrastructure IPO?
Moderate — QIBs have subscribed 4.2x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Afcons Infrastructure IPO allotment status?
After the allotment date (30 Oct, 2024), you can check your Afcons Infrastructure 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 Afcons Infrastructure 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.
