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Ashoka Buildcon IPO Subscription Status

Ashoka Buildcon IPO was subscribed 17.39 times when bidding closed on 28 Sep 2010: QIB 27.84x, NII 15.17x, Retail 3.77x.

The Ashoka Buildcon IPO has been subscribed 17.39x times overall. Retail investors have shown interest with bids for 3.77x the shares available. The Non-Institutional Investor (NII) category has been subscribed 15.17x. Qualified Institutional Buyers (QIBs) have subscribed 27.84x. Data last updated on 12 Nov, 03:09 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 24 Sep, 2010 and closes on 28 Sep, 2010. The shares are expected to list on stock exchanges on 14 Oct, 2010.

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 12 Nov 2026, 03:09 PM
Category Bid details Times
QIB - of - - 27.84x
NII - of - - 15.17x
Retail - of - - 3.77x
Employee - of - - 1.32x
TOTAL - - 17.39x
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Ashoka Buildcon IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 4
~26.5% chance per PAN — based on 3.77x subscription. Winners get exactly 1 lot (₹6,804) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 14
~6.6% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
27.84x
Proportionate allotment — at 27.84x, institutions receive ~3.6% 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

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 26.5% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 27.84x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 2-day bidding window. On phones, tap a day for the category split.

Date Total
28 Sep 2010
Day 2
17.39x ▼
QIB27.84x BHNI- SHNI- Retail3.77x Employee1.32x
24 Sep 2010
Day 1
0.9x ▼
QIB0.58x BHNI- SHNI- Retail0.14x

Ashoka Buildcon IPO dates

From the bidding window to listing. Today is 15 November.

Key dates Listed
  1. Open 24 Sep 2010
  2. Close 28 Sep 2010
  3. Allotment 12 Oct 2010
  4. Refund/credit TBA
  5. Listing 14 Oct 2010

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
RELIANCE LIFE INSURANCE COMPANY LIMITED ₹5.54 Cr 13.76%
CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED ₹5.04 Cr 12.52%
DSP BLACKROCK SMALL AND MID CAP FUND ₹3.75 Cr 9.31%
DSP BLACKROCK MICRO CAP FUND ₹3.75 Cr 9.31%
MONSOON INDIA INFLECTION FUND 2 LTD ₹3.36 Cr 8.34%
MACQUARIE BANK LIMITED ₹3.00 Cr 7.46%
AXIS BANK LIMITED ₹3.00 Cr 7.45%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS EQUITY FUND ₹2.20 Cr 5.47%
JM FINANCIAL MUTUAL FUND - JM CORE 11 FUND - SERIES 1 ₹2.02 Cr 5.02%
JM FINANCIAL MUTUAL FUND - JM AGRI AND INFRA FUND ₹2.02 Cr 5.02%
AIG GLOBAL INVESTMENT CORPORATION (ASIA) LTD A/C AIG GF (MAURITIUS) LIMITED ₹2.00 Cr 4.97%
MONSOON INDIA INFLECTION FUND LTD ₹1.68 Cr 4.17%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS INCOME SAVER ₹1.00 Cr 2.48%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS TRIPLE ADVANTAGE FUND ₹1.00 Cr 2.48%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS TAX SAVER FUND ₹0.90 Cr 2.23%
TOTAL ₹40.26 Cr 99.99%
View allotment letter PDF →

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 Ashoka Buildcon IPO?

As of IPO close date (28 Sep, 2010), the Ashoka Buildcon IPO is subscribed 17.39x times. Retail category is 3.77x, and NII is 15.17x subscribed.

When is the allotment date for Ashoka Buildcon IPO?

The allotment for Ashoka Buildcon IPO is expected to be finalized on 12 October, 2010.

When will Ashoka Buildcon IPO list on the stock market?

Ashoka Buildcon is scheduled to list on BSE and NSE on 14 October, 2010.

What are the chances of getting allotment in Ashoka Buildcon IPO?

The retail category is oversubscribed at 3.77x, meaning allotment is by lottery. Statistically, approximately 1 in 4 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 27.84x mean for Ashoka Buildcon IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 27.84x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Ashoka Buildcon IPO allotment status?

After the allotment date (12 Oct, 2010), you can check your Ashoka Buildcon 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
17.39x
QIB
27.84x
NII
15.17x
Retail
3.77x
Full IPO details
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