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Elfin Agro India IPO Subscription Status

The Elfin Agro India IPO has been subscribed 1.41x times overall. Retail investors have shown interest with bids for 0.59x the shares available. The Non-Institutional Investor (NII) category has been subscribed 2.22x. Within NII, Big HNI (B-HNI) subscribed 3.13x and Small HNI (S-HNI) subscribed 0.41x. Data last updated on 13 Aug, 10:45 AM.

The IPO subscription period has ended. The issue opened on 05 Mar, 2026 and closes on 09 Mar, 2026. The shares are expected to list on stock exchanges on 12 Mar, 2026.

Total Subscription
1.41 x

348 applications

NII 2.22x
Retail 0.59x

Live Bidding

Category Bid Details TIMES
QIB
24,000
of 0
1 applications
--
NII
55,98,000
of 25,20,000
99 applications
2.22x
Retail
14,88,000
of 25,38,000
248 applications
0.59x
TOTAL
71,10,000
348 applications
-
1.41x

Last Updated: 13 Aug 2026, 10:45 AM

Subscription Insights

Retail Allotment

Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.

Day-wise Subscription History

Subscription trends over the last 3 days

Date Total
09 Mar 2026 DAY 3
-
QIB -x
NII -x
Retail -x
06 Mar 2026 DAY 2
-
QIB -x
NII -x
Retail -x
05 Mar 2026 DAY 1
-
QIB -x
NII -x
Retail -x
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Elfin Agro India IPO Allotment Probability

Retail (up to ₹2 L)
Full allotment
0.59x — undersubscribed. Every valid retail application should be allotted in full.
Small HNI (₹2–10 L)
Full allotment
0.41x — undersubscribed. Valid S-HNI bids should be allotted in full.
Big HNI (above ₹10 L)
1 in 4
~31.9% chance — based on 3.13x subscription. Lottery allots the minimum B-HNI application of 8 lots (₹11.3 L) per winner; the rest is proportionate.
QIB (institutions)
TBA
Often moves on final day

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

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:

  • 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.
  • 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.
  • 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.
  • 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 market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of Elfin Agro India IPO?

As of IPO close date (09 Mar, 2026), the Elfin Agro India IPO is subscribed 1.41x times. Retail category is 0.59x, and NII is 2.22x subscribed.

When is the allotment date for Elfin Agro India IPO?

The allotment for Elfin Agro India IPO is expected to be finalized on 10 March, 2026.

When will Elfin Agro India IPO list on the stock market?

Elfin Agro India is scheduled to list on BSE and NSE on 12 March, 2026.

What are the chances of getting allotment in Elfin Agro India IPO?

The retail category is currently undersubscribed at 0.59x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.

How to check Elfin Agro India IPO allotment status?

After the allotment date (10 Mar, 2026), you can check your Elfin Agro India 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 Elfin Agro India IPO Further

Track every stage of this IPO from subscription to listing:

Discussion 1

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Ajay Guest

This IPO is looking very nice, all three things Review, GMP and Subscription helped me to make my decision of Applying this IPO.

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