IPO Guru
Bajaj
Listed Mainboard

Cello World IPO Subscription Status

Cello World IPO was subscribed 41.69 times when bidding closed on 1 Nov 2023: QIB 122.2x, NII 25.65x, Retail 3.21x.

The Cello World IPO has been subscribed 41.69x times overall. Retail investors have shown interest with bids for 3.21x the shares available. The Non-Institutional Investor (NII) category has been subscribed 25.65x. Within NII, Big HNI (B-HNI) subscribed 30.02x and Small HNI (S-HNI) subscribed 16.91x. Qualified Institutional Buyers (QIBs) have subscribed 122.2x. Data last updated on 10 Nov, 06:13 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 30 Oct, 2023 and closes on 01 Nov, 2023. The shares are expected to list on stock exchanges on 06 Nov, 2023.

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, 06:13 PM
Category Bid details Times
QIB - of - - 122.2x
NII - of - - 25.65x
bHNI — bid amount above ₹10 Lakh
- - 30.02
sHNI — bid amount ₹2–10 Lakh
- - 16.91
Retail - of - - 3.21x
Employee - of - - 2.74x
TOTAL - - 41.69x
Advertisement

Cello World IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 3
~31.2% chance per PAN — based on 3.21x subscription. Winners get exactly 1 lot (₹14,904) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 16
~5.9% chance — based on 16.91x 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 30
~3.3% chance — based on 30.02x 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)
122.2x
Proportionate allotment — at 122.2x, institutions receive ~0.8% 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 31.2% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 122.2x. 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
01 Nov 2023
Day 3
41.69x ▼
QIB122.2x BHNI30.02x SHNI16.91x Retail3.21x Employee2.74x
31 Oct 2023
Day 2
1.44x ▼
QIB0.05x BHNI4.84x SHNI3.38x Retail1.04x Employee1.26x
30 Oct 2023
Day 1
0.38x ▼
QIB0.02x BHNI1x SHNI0.83x Retail0.35x Employee0.42x

Cello World IPO dates

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

Key dates Listed
  1. Open 30 Oct 2023
  2. Close 01 Nov 2023
  3. Allotment 02 Nov 2023
  4. Refund/credit 02 Nov 2023
  5. Listing 06 Nov 2023

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 Cello World IPO?

As of IPO close date (01 Nov, 2023), the Cello World IPO is subscribed 41.69x times. Retail category is 3.21x, and NII is 25.65x subscribed.

When is the allotment date for Cello World IPO?

The allotment for Cello World IPO is expected to be finalized on 02 November, 2023.

What is the GMP of Cello World?

The Grey Market Premium (GMP) for Cello World is currently ₹155, indicating a potential listing gain of 24%.

When will Cello World IPO list on the stock market?

Cello World is scheduled to list on BSE and NSE on 06 November, 2023.

What are the chances of getting allotment in Cello World IPO?

The retail category is oversubscribed at 3.21x, 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 122.2x mean for Cello World IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 122.2x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Cello World IPO allotment status?

After the allotment date (02 Nov, 2023), you can check your Cello World 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 Cello World 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
41.69x
QIB
122.2x
NII
25.65x
bHNI
30.02x
sHNI
16.91x
Retail
3.21x
Full IPO details
Advertisement