Exxaro Tiles IPO Subscription Status
Exxaro Tiles IPO was subscribed 22.65 times when bidding closed on 6 Aug 2021: QIB 17.67x, NII 5.36x, Retail 40.05x.
The Exxaro Tiles IPO has been subscribed 22.65x times overall. Retail investors have shown interest with bids for 40.05x the shares available. The Non-Institutional Investor (NII) category has been subscribed 5.36x. Qualified Institutional Buyers (QIBs) have subscribed 17.67x. 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.
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.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 17.67x |
| NII | - of - - | 5.36x |
| Retail | - of - - | 40.05x |
| Employee | - of - - | 2.53x |
| TOTAL | - - | 22.65x |
Exxaro Tiles IPO allotment probability
Your odds of an allotment in each category at the current subscription.
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 41 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 17.67x. 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 |
22.65x | ▼ | |
|
QIB17.67x
BHNI-
SHNI-
Retail40.05x
Employee2.53x
|
|||
|
05 Aug 2021
Day 2 |
10.3x | ▼ | |
|
QIB1.64x
BHNI-
SHNI-
Retail21.11x
Employee1.56x
|
|||
|
04 Aug 2021
Day 1 |
4.67x | ▼ | |
|
QIB1.11x
BHNI-
SHNI-
Retail9.29x
Employee0.74x
|
|||
Exxaro Tiles IPO dates
From the bidding window to listing. Today is 14 November.
- Open 04 Aug 2021
- Close 06 Aug 2021
- Allotment 11 Aug 2021
- Refund/credit 12 Aug 2021
- Listing 16 Aug 2021
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | QUANT MUTUAL FUND-QUANT ACTIVE FUND | QUANT MUTUAL FUND | ₹9.34 Cr | 39.44% | |
| 2 | QUANT MUTUAL FUND-QUANT SMALL CAP FUND | QUANT MUTUAL FUND | ₹9.34 Cr | 39.44% | |
| 3 | AG DYNAMIC FUNDS LIMITED | - | ₹5.00 Cr | 21.12% | |
| TOTAL | ₹23.68 Cr | 100.00% |
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 Exxaro Tiles IPO?
As of IPO close date (06 Aug, 2021), the Exxaro Tiles IPO is subscribed 22.65x times. Retail category is 40.05x, and NII is 5.36x subscribed.
When is the allotment date for Exxaro Tiles IPO?
The allotment for Exxaro Tiles IPO is expected to be finalized on 11 August, 2021.
When will Exxaro Tiles IPO list on the stock market?
Exxaro Tiles is scheduled to list on BSE and NSE on 16 August, 2021.
What are the chances of getting allotment in Exxaro Tiles IPO?
The retail category is oversubscribed at 40.05x, meaning allotment is by lottery. Statistically, approximately 1 in 41 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 17.67x mean for Exxaro Tiles IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 17.67x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Exxaro Tiles IPO allotment status?
After the allotment date (11 Aug, 2021), you can check your Exxaro Tiles 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 Exxaro Tiles IPO further
Track every stage of this IPO, from subscription to listing.
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Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
