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Ceigall India IPO Subscription Status

Ceigall India IPO was subscribed 14.01 times when bidding closed on 5 Aug 2024: QIB 31.26x, NII 14.83x, Retail 3.82x.

The Ceigall India IPO has been subscribed 14.01x times overall. Retail investors have shown interest with bids for 3.82x the shares available. The Non-Institutional Investor (NII) category has been subscribed 14.83x. Within NII, Big HNI (B-HNI) subscribed 16.28x and Small HNI (S-HNI) subscribed 11.92x. Qualified Institutional Buyers (QIBs) have subscribed 31.26x. Data last updated on 10 Nov, 06:45 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 01 Aug, 2024 and closes on 05 Aug, 2024. The shares are expected to list on stock exchanges on 08 Aug, 2024.

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 10 Nov 2026, 06:45 PM
Category Bid details Times
QIB - of - - 31.26x
NII - of - - 14.83x
bHNI — bid amount above ₹10 Lakh
- - 16.28
sHNI — bid amount ₹2–10 Lakh
- - 11.92
Retail - of - - 3.82x
Employee - of - - 11.84x
TOTAL - - 14.01x
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Ceigall India IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 4
~26.2% chance per PAN — based on 3.82x subscription. Winners get exactly 1 lot (₹14,837) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 11
~8.4% chance — based on 11.92x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 15
~6.1% chance — based on 16.28x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
31.26x
Proportionate allotment — at 31.26x, institutions receive ~3.2% 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 26.2% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 31.26x. 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
05 Aug 2024
Day 3
14.01x ▼
QIB31.26x BHNI16.28x SHNI11.92x Retail3.82x Employee11.84x
02 Aug 2024
Day 2
1.23x ▼
QIB0.01x BHNI1.7x SHNI1.86x Retail1.65x
01 Aug 2024
Day 1
0.61x ▼
QIB- BHNI0.93x SHNI0.83x Retail0.8x

Ceigall India IPO dates

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

Key dates Listed
  1. Open 01 Aug 2024
  2. Close 05 Aug 2024
  3. Allotment 06 Aug 2024
  4. Refund/credit 07 Aug 2024
  5. Listing 08 Aug 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 Ceigall India IPO?

As of IPO close date (05 Aug, 2024), the Ceigall India IPO is subscribed 14.01x times. Retail category is 3.82x, and NII is 14.83x subscribed.

When is the allotment date for Ceigall India IPO?

The allotment for Ceigall India IPO is expected to be finalized on 06 August, 2024.

What is the GMP of Ceigall India?

The Grey Market Premium (GMP) for Ceigall India is currently ₹70, indicating a potential listing gain of 17%.

When will Ceigall India IPO list on the stock market?

Ceigall India is scheduled to list on BSE and NSE on 08 August, 2024.

What are the chances of getting allotment in Ceigall India IPO?

The retail category is oversubscribed at 3.82x, 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 31.26x mean for Ceigall India IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 31.26x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Ceigall India IPO allotment status?

After the allotment date (06 Aug, 2024), you can check your Ceigall India 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
14.01x
QIB
31.26x
NII
14.83x
bHNI
16.28x
sHNI
11.92x
Retail
3.82x
Full IPO details
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