Archean Chemical Industries IPO Subscription Status
Archean Chemical Industries IPO was subscribed 32.55 times when bidding closed on 11 Nov 2022: QIB 48.58x, NII 15.35x, Retail 10.26x.
The Archean Chemical Industries IPO has been subscribed 32.55x times overall. Retail investors have shown interest with bids for 10.26x the shares available. The Non-Institutional Investor (NII) category has been subscribed 15.35x. Within NII, Big HNI (B-HNI) subscribed 17.4x and Small HNI (S-HNI) subscribed 11.24x. Qualified Institutional Buyers (QIBs) have subscribed 48.58x. Data last updated on 10 Nov, 11:32 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 09 Nov, 2022 and closes on 11 Nov, 2022. The shares are expected to list on stock exchanges on 21 Nov, 2022.
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 - - | 48.58x |
| NII | - of - - | 15.35x |
bHNI — bid amount above ₹10 Lakh |
- - | 17.4 |
sHNI — bid amount ₹2–10 Lakh |
- - | 11.24 |
| Retail | - of - - | 10.26x |
| TOTAL | - - | 32.55x |
Archean Chemical Industries 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
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 9.7% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 48.58x. 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 | ||
|---|---|---|---|
|
11 Nov 2022
Day 3 |
32.55x | ▼ | |
|
QIB48.58x
BHNI17.4x
SHNI11.24x
Retail10.26x
|
|||
|
10 Nov 2022
Day 2 |
1.41x | ▼ | |
|
QIB0.54x
BHNI2.21x
SHNI1.8x
Retail2.94x
|
|||
|
09 Nov 2022
Day 1 |
0.3x | ▼ | |
|
QIB0.04x
BHNI0.39x
SHNI0.31x
Retail0.95x
|
|||
Archean Chemical Industries IPO dates
From the bidding window to listing. Today is 11 November.
- Open 09 Nov 2022
- Close 11 Nov 2022
- Allotment 16 Nov 2022
- Refund/credit 17 Nov 2022
- Listing 21 Nov 2022
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 Archean Chemical Industries IPO?
As of IPO close date (11 Nov, 2022), the Archean Chemical Industries IPO is subscribed 32.55x times. Retail category is 10.26x, and NII is 15.35x subscribed.
When is the allotment date for Archean Chemical Industries IPO?
The allotment for Archean Chemical Industries IPO is expected to be finalized on 16 November, 2022.
What is the GMP of Archean Chemical Industries?
The Grey Market Premium (GMP) for Archean Chemical Industries is currently ₹90, indicating a potential listing gain of 22%.
When will Archean Chemical Industries IPO list on the stock market?
Archean Chemical Industries is scheduled to list on BSE and NSE on 21 November, 2022.
What are the chances of getting allotment in Archean Chemical Industries IPO?
The retail category is oversubscribed at 10.26x, meaning allotment is by lottery. Statistically, approximately 1 in 11 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 48.58x mean for Archean Chemical Industries IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 48.58x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Archean Chemical Industries IPO allotment status?
After the allotment date (16 Nov, 2022), you can check your Archean Chemical 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.
Explore Archean Chemical Industries IPO further
Track every stage of this IPO, from subscription to listing.
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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.
