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Apana Logistics IPO Subscription Status

Apana Logistics IPO was subscribed 1.24 times when bidding closed on 9 Sep 2026: NII 0.35x, Retail 2.23x.

The Apana Logistics IPO has been subscribed 1.24x times overall. Retail investors have shown interest with bids for 2.23x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.35x. Within NII, Big HNI (B-HNI) subscribed 0.22x and Small HNI (S-HNI) subscribed 0.62x. Data last updated on 15 Sep, 09:45 AM.

The IPO subscription period has ended. The issue opened on 07 Sep, 2026 and closes on 09 Sep, 2026. The shares are expected to list on stock exchanges on 15 Sep, 2026.

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 15 Sep 2026, 09:45 AM
Category Bid details Times
NII 10,54,000 of 29,90,000 105 applications 0.35x
bHNI — bid amount above ₹10 Lakh
4,40,000 9 applications 0.22
sHNI — bid amount ₹2–10 Lakh
6,14,000 96 applications 0.62
Retail 60,28,000 of 27,00,000 1,505 applications 2.23x
TOTAL 70,82,000 1,610 applications 1.24x

Apana Logistics IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹60.

Applications
1,610
Allottees
1,263
Overall odds
3 out of 4
Amount collected
₹40 Cr
Category Apps Got Odds
NII (HNI) 0.28x subscribed 105 105 All
Retail 2.23x subscribed 1,505 1,158 3 out of 4
TOTAL 1.26x subscribed 1,610 1,263 3 out of 4

Apana Logistics IPO allotment probability

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

Retail (up to ₹2 L)
5 out of 6
~89.7% chance per PAN — 1,505 applicants for 1,350 allotment slots. Winners get exactly 1 lot (₹1.2 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
Full allotment
0.62x — undersubscribed. Valid S-HNI bids should be allotted in full.
Big HNI (above ₹10 L)
Full allotment
0.22x — undersubscribed. Valid B-HNI bids should be allotted in full.
QIB (institutions)
TBA
Often moves on final day

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 44.8% for a single lot.

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
09 Sep 2026
Day 3
1.24x ▼
QIB- NII0.35x Retail2.23x
08 Sep 2026
Day 2
0.58x ▼
QIB- NII0.09x Retail1.13x
07 Sep 2026
Day 1
0.2x ▼
QIB- NII0.02x Retail0.4x

Apana Logistics SME IPO dates

From the bidding window to listing. Today is 24 October.

Key dates Listed
  1. Open 07 Sep 2026
  2. Close 09 Sep 2026
  3. Allotment 10 Sep 2026
  4. Refund/credit 11 Sep 2026
  5. Listing 15 Sep 2026

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 Apana Logistics IPO?

As of IPO close date (09 Sep, 2026), the Apana Logistics IPO is subscribed 1.24x times. Retail category is 2.23x, and NII is 0.35x subscribed.

When is the allotment date for Apana Logistics IPO?

The allotment for Apana Logistics IPO is expected to be finalized on 10 September, 2026.

What is the GMP of Apana Logistics?

The Grey Market Premium (GMP) for Apana Logistics is currently ₹1, indicating a potential listing gain of 1.67%.

When will Apana Logistics IPO list on the stock market?

Apana Logistics is scheduled to list on BSE and NSE on 15 September, 2026.

What are the chances of getting allotment in Apana Logistics IPO?

The retail category is oversubscribed at 2.23x, meaning allotment is by lottery. Statistically, approximately 1 in 3 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

How to check Apana Logistics IPO allotment status?

After the allotment date (10 Sep, 2026), you can check your Apana Logistics 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
1.24x
QIB
–
NII
0.35x
Retail
2.23x
Full IPO details