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Devyani International IPO Subscription Status

Devyani International IPO was subscribed 116.7 times when bidding closed on 6 Aug 2021: QIB 95.27x, NII 213.06x, Retail 39.48x.

The Devyani International IPO has been subscribed 116.7x times overall. Retail investors have shown interest with bids for 39.48x the shares available. The Non-Institutional Investor (NII) category has been subscribed 213.06x. Qualified Institutional Buyers (QIBs) have subscribed 95.27x. Data last updated on 10 Nov, 07:18 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 04 Aug, 2021 and closes on 06 Aug, 2021. The shares are expected to list on stock exchanges on 16 Aug, 2021.

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, 07:18 AM
Category Bid details Times
QIB - of - - 95.27x
NII - of - - 213.06x
Retail - of - - 39.48x
Employee - of - - 4.7x
TOTAL - - 116.7x
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Devyani International IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 39
~2.5% chance per PAN — based on 39.48x subscription. Winners get exactly 1 lot (₹14,850) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 213
~0.5% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
95.27x
Proportionate allotment — at 95.27x, institutions receive ~1% 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 40 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 95.27x. 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
06 Aug 2021
Day 3
116.7x ▼
QIB95.27x BHNI- SHNI- Retail39.48x Employee4.7x
05 Aug 2021
Day 2
6.61x ▼
QIB1.32x BHNI- SHNI- Retail22.95x Employee3.1x
04 Aug 2021
Day 1
2.69x ▼
QIB0.77x BHNI- SHNI- Retail11.36x Employee1.56x

Devyani International IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 04 Aug 2021
  2. Close 06 Aug 2021
  3. Allotment 11 Aug 2021
  4. Refund/credit 12 Aug 2021
  5. Listing 16 Aug 2021

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 Devyani International IPO?

As of IPO close date (06 Aug, 2021), the Devyani International IPO is subscribed 116.7x times. Retail category is 39.48x, and NII is 213.06x subscribed.

When is the allotment date for Devyani International IPO?

The allotment for Devyani International IPO is expected to be finalized on 11 August, 2021.

What is the GMP of Devyani International?

The Grey Market Premium (GMP) for Devyani International is currently ₹40, indicating a potential listing gain of 44%.

When will Devyani International IPO list on the stock market?

Devyani International is scheduled to list on BSE and NSE on 16 August, 2021.

What are the chances of getting allotment in Devyani International IPO?

The retail category is oversubscribed at 39.48x, meaning allotment is by lottery. Statistically, approximately 1 in 40 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 95.27x mean for Devyani International IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 95.27x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Devyani International IPO allotment status?

After the allotment date (11 Aug, 2021), you can check your Devyani International 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
116.7x
QIB
95.27x
NII
213.06x
Retail
39.48x
Full IPO details
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