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eMudhra IPO Subscription Status

eMudhra IPO was subscribed 2.74 times when bidding closed on 24 May 2022: QIB 3.93x, NII 1.31x, Retail 2.67x.

The eMudhra IPO has been subscribed 2.74x times overall. Retail investors have shown interest with bids for 2.67x the shares available. The Non-Institutional Investor (NII) category has been subscribed 1.31x. Qualified Institutional Buyers (QIBs) have subscribed 3.93x. Data last updated on 10 Nov, 11:32 AM.

The IPO subscription period has ended. The issue opened on 20 May, 2022 and closes on 24 May, 2022. The shares are expected to list on stock exchanges on 01 Jun, 2022.

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, 11:32 AM
Category Bid details Times
QIB - of - - 3.93x
NII - of - - 1.31x
bHNI — bid amount above ₹10 Lakh
- - 0
sHNI — bid amount ₹2–10 Lakh
- - 0
Retail - of - - 2.67x
TOTAL - - 2.74x
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eMudhra IPO allotment probability

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

Retail (up to ₹2 L)
2 out of 5
~37.5% chance per PAN — based on 2.67x subscription. Winners get exactly 1 lot (₹14,848) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
3 out of 4
~76.3% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
3.93x
Proportionate allotment — at 3.93x, institutions receive ~25.4% 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 37.5% for a single lot.

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
24 May 2022
Day 3
2.74x ▼
QIB3.93x BHNI- SHNI- Retail2.67x
23 May 2022
Day 2
0.96x ▼
QIB0.25x BHNI- SHNI- Retail1.69x
20 May 2022
Day 1
0.44x ▼
QIB- BHNI- SHNI- Retail0.85x

eMudhra IPO dates

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

Key dates Listed
  1. Open 20 May 2022
  2. Close 24 May 2022
  3. Allotment 27 May 2022
  4. Refund/credit 30 May 2022
  5. Listing 01 Jun 2022

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 eMudhra IPO?

As of IPO close date (24 May, 2022), the eMudhra IPO is subscribed 2.74x times. Retail category is 2.67x, and NII is 1.31x subscribed.

When is the allotment date for eMudhra IPO?

The allotment for eMudhra IPO is expected to be finalized on 27 May, 2022.

When will eMudhra IPO list on the stock market?

eMudhra is scheduled to list on BSE and NSE on 01 June, 2022.

What are the chances of getting allotment in eMudhra IPO?

The retail category is oversubscribed at 2.67x, meaning allotment is by lottery. Statistically, approximately 1 in 3 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 3.93x mean for eMudhra IPO?

Moderate — QIBs have subscribed 3.93x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check eMudhra IPO allotment status?

After the allotment date (27 May, 2022), you can check your eMudhra 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
2.74x
QIB
3.93x
NII
1.31x
Retail
2.67x
Full IPO details
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