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CL Educate IPO Subscription Status

CL Educate IPO was subscribed 1.9 times when bidding closed on 22 Mar 2017: QIB 3.65x, NII 0.21x, Retail 1.63x.

The CL Educate IPO has been subscribed 1.9x times overall. Retail investors have shown interest with bids for 1.63x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.21x. Qualified Institutional Buyers (QIBs) have subscribed 3.65x. Data last updated on 12 Nov, 03:11 PM.

The IPO subscription period has ended. The issue opened on 20 Mar, 2017 and closes on 22 Mar, 2017. The shares are expected to list on stock exchanges on 31 Mar, 2017.

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, 03:11 PM
Category Bid details Times
QIB - of - - 3.65x
NII - of - - 0.21x
Retail - of - - 1.63x
TOTAL - - 1.9x
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CL Educate IPO allotment probability

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

Retail (up to ₹2 L)
2 out of 3
~61.3% chance per PAN — based on 1.63x subscription. Winners get exactly 1 lot (₹14,558) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
Full allotment
0.21x — undersubscribed.
QIB (institutions)
3.65x
Proportionate allotment — at 3.65x, institutions receive ~27.4% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

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 61.3% for a single lot.

Day-wise subscription history

End-of-day subscription across the 1-day bidding window. On phones, tap a day for the category split.

Date Total
22 Mar 2017
Day 1
1.9x ▼
QIB3.65x BHNI- SHNI- Retail1.63x

CL Educate IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 20 Mar 2017
  2. Close 22 Mar 2017
  3. Allotment 29 Mar 2017
  4. Refund/credit 29 Mar 2017
  5. Listing 31 Mar 2017

Anchor investor allocation

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

Anchor Investor Amt (₹ cr.) % Allocated
HDFC TRUSTEE COMPANY -HDFC PRUDENCE FUND ₹10.00 Cr 13.95%
DSP BLACKROCK MICRO CAP FUND ₹10.00 Cr 13.95%
OCEAN DIAL GATEWAY TO INDIA MAURITIUS LIMITED ₹10.00 Cr 13.95%
ASHOKA PTE LIMITED ₹10.00 Cr 13.95%
CANARA HSBC ORIENTAL BANK OF COMMERCE LIFE INSURANCE COMPANY LIMITED ₹6.68 Cr 9.32%
HDFC STANDARD LIFE INSURANCE CO LTD ₹5.00 Cr 6.97%
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED ₹5.00 Cr 6.97%
SUNDARAM MUTUAL FUND A/C SUNDARAM BALANCED FUND ₹3.41 Cr 4.75%
PRINCIPAL TRUSTEE COMPANY PVT LTD A/C PRINCIPAL MUTUAL FUND-PRINCIPAL GROWTH FUND ₹2.65 Cr 3.70%
SUNDARAM MUTUAL FUND A/C SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND SERIES III (TAXMICR3) ₹1.88 Cr 2.62%
PRINCIPAL TRUSTEE COMPANY PVT LTD A/C PRINCIPAL MUTUAL FUND-PRINCIPAL TAX SAVING FUND ₹1.85 Cr 2.58%
SUNDARAM MUTUAL FUND A/C SUNDARAM MONTHLY INCOME PLAN AGGRESSIVE PLAN ₹1.55 Cr 2.16%
SUNDARAM MUTUAL FUND A/C SUNDARAM SELECT MICRO CAP SERIES XI ₹1.49 Cr 2.08%
SUNDARAM MUTUAL FUND A/C SUNDARAM SELECT MICRO CAP SERIES XII ₹1.09 Cr 1.53%
PRINCIPAL TRUSTEE COMPANY PVT LTD A/C PRINCIPAL MUTUAL FUND-PRINCIPAL BALANCE FUND ₹0.50 Cr 0.70%
SUNDARAM MUTUAL FUND A/C SUNDARAM LONG TERM TAX ADVANTAGE FUND ₹0.34 Cr 0.47%
SUNDARAM MUTUAL FUND A/C SUNDARAM LONG TERM TAX ADVANTAGE FUND SERIES II ₹0.24 Cr 0.34%
TOTAL ₹71.68 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 CL Educate IPO?

As of IPO close date (22 Mar, 2017), the CL Educate IPO is subscribed 1.9x times. Retail category is 1.63x, and NII is 0.21x subscribed.

When is the allotment date for CL Educate IPO?

The allotment for CL Educate IPO is expected to be finalized on 29 March, 2017.

When will CL Educate IPO list on the stock market?

CL Educate is scheduled to list on BSE and NSE on 31 March, 2017.

What are the chances of getting allotment in CL Educate IPO?

The retail category is oversubscribed at 1.63x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 3.65x mean for CL Educate IPO?

Moderate — QIBs have subscribed 3.65x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check CL Educate IPO allotment status?

After the allotment date (29 Mar, 2017), you can check your CL Educate 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
1.9x
QIB
3.65x
NII
0.21x
Retail
1.63x
Full IPO details
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