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CSB Bank IPO Subscription Status

CSB Bank IPO was subscribed 86.91 times when bidding closed on 26 Nov 2019: QIB 62.18x, NII 164.68x, Retail 44.46x.

The CSB Bank IPO has been subscribed 86.91x times overall. Retail investors have shown interest with bids for 44.46x the shares available. The Non-Institutional Investor (NII) category has been subscribed 164.68x. Qualified Institutional Buyers (QIBs) have subscribed 62.18x. Data last updated on 12 Nov, 03:12 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 22 Nov, 2019 and closes on 26 Nov, 2019. The shares are expected to list on stock exchanges on 04 Dec, 2019.

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, 03:12 PM
Category Bid details Times
QIB - of - - 62.18x
NII - of - - 164.68x
Retail - of - - 44.46x
TOTAL - - 86.91x
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CSB Bank IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 44
~2.2% chance per PAN — based on 44.46x subscription. Winners get exactly 1 lot (₹14,625) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 165
~0.6% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
62.18x
Proportionate allotment — at 62.18x, institutions receive ~1.6% 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

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 45 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 62.18x. 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
26 Nov 2019
Day 3
86.91x ▼
QIB62.18x BHNI- SHNI- Retail44.46x
25 Nov 2019
Day 2
4.35x ▼
QIB0.26x BHNI- SHNI- Retail21.53x
22 Nov 2019
Day 1
1.05x ▼
QIB- BHNI- SHNI- Retail5.6x

CSB Bank IPO dates

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

Key dates Listed
  1. Open 22 Nov 2019
  2. Close 26 Nov 2019
  3. Allotment 02 Dec 2019
  4. Refund/credit 03 Dec 2019
  5. Listing 04 Dec 2019

Anchor investor allocation

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

Anchor Investor Amt (₹ cr.) % Allocated
OMERS ADMINISTRATION CORPORATION - OAC CUSTODY ACCOUNT (SCV6) ₹70.00 Cr 37.97%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND ₹12.30 Cr 6.67%
HSBC INDIAN EQUITY MOTHER FUND ₹10.94 Cr 5.94%
ASHOKA INDIA OPPORTUNITIES FUND ₹10.94 Cr 5.94%
IIFL SPECIAL OPPORTUNITIES FUND - SERIES 5 ₹10.94 Cr 5.94%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS SMALL CAP FUND ₹7.30 Cr 3.96%
SUNDARAM MUTUAL FUND A/C SUNDARAM SMALL CAP FUND ₹6.15 Cr 3.34%
SUNDARAM MUTUAL FUND A/C SUNDARAM EQUITY FUND ₹6.15 Cr 3.34%
SBI BANKING & FINANCIAL SERVICES FUND ₹5.50 Cr 2.98%
JUPITER INDIA FUND ₹5.00 Cr 2.71%
ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED ₹5.00 Cr 2.71%
AURIGIN MASTER FUND LIMITED ₹5.00 Cr 2.71%
EDELWEISS ALPHA FUND SCHEME I ₹5.00 Cr 2.71%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS CHILDREN'S GIFT FUND ₹5.00 Cr 2.71%
ICICI PRUDENTIAL DIVIDEND YIELD EQUITY FUND ₹4.10 Cr 2.22%
ICICI PRUDENTIAL SMALLCAP FUND ₹4.10 Cr 2.22%
ICICI PRUDENTIAL EQUITY SAVINGS FUND ₹4.10 Cr 2.22%
SBI LONG TERM ADVANTAGE FUND SERIES I ₹1.60 Cr 0.87%
SBI LONG TERM ADVANTAGE FUND - SERIES III ₹1.50 Cr 0.81%
SBI LONG TERM ADVANTAGE FUND SERIES II ₹1.20 Cr 0.65%
SBI TAX ADVANTAGE FUND SERIES II ₹0.80 Cr 0.43%
SBI MAGNUM CHILDREN'S BENEFIT FUND ₹0.80 Cr 0.43%
SBI EQUITY OPPORTUNITIES FUND SERIES I ₹0.60 Cr 0.33%
SBI EQUITY OPPORTUNITIES FUND SERIES IV ₹0.30 Cr 0.16%
TOTAL ₹184.32 Cr 99.97%
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 CSB Bank IPO?

As of IPO close date (26 Nov, 2019), the CSB Bank IPO is subscribed 86.91x times. Retail category is 44.46x, and NII is 164.68x subscribed.

When is the allotment date for CSB Bank IPO?

The allotment for CSB Bank IPO is expected to be finalized on 02 December, 2019.

What is the GMP of CSB Bank?

The Grey Market Premium (GMP) for CSB Bank is currently ₹62.5, indicating a potential listing gain of 32%.

When will CSB Bank IPO list on the stock market?

CSB Bank is scheduled to list on BSE and NSE on 04 December, 2019.

What are the chances of getting allotment in CSB Bank IPO?

The retail category is oversubscribed at 44.46x, meaning allotment is by lottery. Statistically, approximately 1 in 45 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 62.18x mean for CSB Bank IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 62.18x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check CSB Bank IPO allotment status?

After the allotment date (02 Dec, 2019), you can check your CSB Bank 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
86.91x
QIB
62.18x
NII
164.68x
Retail
44.46x
Full IPO details
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