IPO Guru
Bajaj
Listed Mainboard

Angel Broking IPO Subscription Status

Angel Broking IPO was subscribed 3.95 times when bidding closed on 24 Sep 2020: QIB 5.76x, NII 0.69x, Retail 4.32x.

The Angel Broking IPO has been subscribed 3.95x times overall. Retail investors have shown interest with bids for 4.32x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.69x. Qualified Institutional Buyers (QIBs) have subscribed 5.76x. Data last updated on 11 Nov, 06:58 PM.

The IPO subscription period has ended. The issue opened on 22 Sep, 2020 and closes on 24 Sep, 2020. The shares are expected to list on stock exchanges on 05 Oct, 2020.

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 11 Nov 2026, 06:58 PM
Category Bid details Times
QIB - of - - 5.76x
NII - of - - 0.69x
Retail - of - - 4.32x
TOTAL - - 3.95x
Advertisement

Angel Broking IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 4
~23.1% chance per PAN — based on 4.32x subscription. Winners get exactly 1 lot (₹14,994) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
Full allotment
0.69x — undersubscribed.
QIB (institutions)
5.76x
Proportionate allotment — at 5.76x, institutions receive ~17.4% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

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

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 23.1% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 5.76x. 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 Sep 2020
Day 3
3.95x ▼
QIB5.76x BHNI- SHNI- Retail4.32x
23 Sep 2020
Day 2
1.46x ▼
QIB- BHNI- SHNI- Retail2.79x
22 Sep 2020
Day 1
0.76x ▼
QIB- BHNI- SHNI- Retail1.45x

Angel Broking IPO dates

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

Key dates Listed
  1. Open 22 Sep 2020
  2. Close 24 Sep 2020
  3. Allotment 29 Sep 2020
  4. Refund/credit 30 Sep 2020
  5. Listing 05 Oct 2020

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 Angel Broking IPO?

As of IPO close date (24 Sep, 2020), the Angel Broking IPO is subscribed 3.95x times. Retail category is 4.32x, and NII is 0.69x subscribed.

When is the allotment date for Angel Broking IPO?

The allotment for Angel Broking IPO is expected to be finalized on 29 September, 2020.

What is the GMP of Angel Broking?

The Grey Market Premium (GMP) for Angel Broking is currently ₹12.5, indicating a potential listing gain of 4%.

When will Angel Broking IPO list on the stock market?

Angel Broking is scheduled to list on BSE and NSE on 05 October, 2020.

What are the chances of getting allotment in Angel Broking IPO?

The retail category is oversubscribed at 4.32x, meaning allotment is by lottery. Statistically, approximately 1 in 5 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 5.76x mean for Angel Broking IPO?

Moderate — QIBs have subscribed 5.76x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Angel Broking IPO allotment status?

After the allotment date (29 Sep, 2020), you can check your Angel Broking 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 Angel Broking IPO further

Track every stage of this IPO, from subscription to listing.

IPO Guru App
IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

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

Total
3.95x
QIB
5.76x
NII
0.69x
Retail
4.32x
Full IPO details
Advertisement