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Dhanus Technologies IPO Subscription Status

Dhanus Technologies IPO was subscribed 28.47 times when bidding closed on 12 Sep 2007: QIB 36.17x, NII 26.73x, Retail 18.67x.

The Dhanus Technologies IPO has been subscribed 28.47x times overall. Retail investors have shown interest with bids for 18.67x the shares available. The Non-Institutional Investor (NII) category has been subscribed 26.73x. Qualified Institutional Buyers (QIBs) have subscribed 36.17x. Data last updated on 12 Nov, 08:15 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 10 Sep, 2007 and closes on 12 Sep, 2007. The shares are expected to list on stock exchanges on 17 Oct, 2007.

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, 08:15 PM
Category Bid details Times
QIB - of - - 36.17x
NII - of - - 26.73x
Retail - of - - 18.67x
Employee - of - - 1.03x
TOTAL - - 28.47x
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Dhanus Technologies IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 17
~5.4% chance per PAN — based on 18.67x subscription. Winners get exactly 1 lot (₹5,900) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 27
~3.7% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
36.17x
Proportionate allotment — at 36.17x, institutions receive ~2.8% 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 5.4% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 36.17x. This often signals long-term confidence from professional funds.

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
12 Sep 2007
Day 1
28.47x ▼
QIB36.17x BHNI- SHNI- Retail18.67x Employee1.03x

Dhanus Technologies IPO dates

From the bidding window to listing. Today is 12 November.

Key dates Listed
  1. Open 10 Sep 2007
  2. Close 12 Sep 2007
  3. Allotment 09 Oct 2007
  4. Refund/credit TBA
  5. Listing 17 Oct 2007

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 Dhanus Technologies IPO?

As of IPO close date (12 Sep, 2007), the Dhanus Technologies IPO is subscribed 28.47x times. Retail category is 18.67x, and NII is 26.73x subscribed.

When is the allotment date for Dhanus Technologies IPO?

The allotment for Dhanus Technologies IPO is expected to be finalized on 09 October, 2007.

When will Dhanus Technologies IPO list on the stock market?

Dhanus Technologies is scheduled to list on BSE and NSE on 17 October, 2007.

What are the chances of getting allotment in Dhanus Technologies IPO?

The retail category is oversubscribed at 18.67x, meaning allotment is by lottery. Statistically, approximately 1 in 19 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 36.17x mean for Dhanus Technologies IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 36.17x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Dhanus Technologies IPO allotment status?

After the allotment date (09 Oct, 2007), you can check your Dhanus Technologies 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
28.47x
QIB
36.17x
NII
26.73x
Retail
18.67x
Full IPO details
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