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Fine Organic Industries IPO Subscription Status

Fine Organic Industries IPO was subscribed 8.77 times when bidding closed on 22 Jun 2018: QIB 12.85x, NII 21x, Retail 1.19x.

The Fine Organic Industries IPO has been subscribed 8.77x times overall. Retail investors have shown interest with bids for 1.19x the shares available. The Non-Institutional Investor (NII) category has been subscribed 21x. Qualified Institutional Buyers (QIBs) have subscribed 12.85x. Data last updated on 12 Nov, 03:11 PM.

The IPO subscription period has ended. The issue opened on 20 Jun, 2018 and closes on 22 Jun, 2018. The shares are expected to list on stock exchanges on 02 Jul, 2018.

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, 03:11 PM
Category Bid details Times
QIB - of - - 12.85x
NII - of - - 21x
Retail - of - - 1.19x
TOTAL - - 8.77x
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Fine Organic Industries IPO allotment probability

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

Retail (up to ₹2 L)
4 out of 5
~84% chance per PAN — based on 1.19x subscription. Winners get exactly 1 lot (₹14,877) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 20
~4.8% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
12.85x
Proportionate allotment — at 12.85x, institutions receive ~7.8% 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 84% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 12.85x. 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
22 Jun 2018
Day 3
8.77x ▼
QIB12.85x BHNI- SHNI- Retail1.19x
21 Jun 2018
Day 2
0.39x ▼
QIB0.64x BHNI- SHNI- Retail0.4x
20 Jun 2018
Day 1
0.12x ▼
QIB0.17x BHNI- SHNI- Retail0.13x

Fine Organic Industries IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 20 Jun 2018
  2. Close 22 Jun 2018
  3. Allotment 27 Jun 2018
  4. Refund/credit 28 Jun 2018
  5. Listing 02 Jul 2018

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
GOLDMAN SACHS INDIA LIMITED ₹18.00 Cr 10.00%
HDFC SMALL CAP FUND ₹18.00 Cr 10.00%
RELIANCE CAPITAL TRUSTEE CO. LTD- A/C RELIANCE SMALL CAP FUND ₹18.00 Cr 10.00%
NEW HORIZON OPPORTUNITIES MASTER FUND ₹14.00 Cr 7.78%
KUWAIT INVESTMENT AUTHORITY FUND 224 ₹14.00 Cr 7.78%
IDFC EQUITY OPPORTUNITIES FUND - SERIES 5 ₹13.81 Cr 7.67%
DSP BLACKROCK EQUITY & BOND FUND ₹13.22 Cr 7.34%
ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED ₹10.00 Cr 5.55%
SBI MAGNUM COMMA FUND ₹9.00 Cr 5.00%
WHITE OAK INDIA EQUITY FUND ₹7.28 Cr 4.04%
INDIA ACORN FUND LTD ₹6.72 Cr 3.73%
SBI LONG TERM ADVANTAGE FUND - SERIES V ₹6.50 Cr 3.61%
EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC-EDELWEISS BALANCED ADVANTAGE FUND ₹5.01 Cr 2.78%
PRINCIPAL TRUSTEE CO. PVT LTD. - PRINCIPAL MUTUAL FUND - PRINCIPAL EMERGING BLUECHIP FUND ₹5.00 Cr 2.78%
CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED ₹5.00 Cr 2.78%
DB INTERNATIONAL (ASIA) LTD ₹5.00 Cr 2.78%
DSP BLACKROCK EQUITY FUND ₹4.79 Cr 2.66%
IDFC LARGE CAP FUND ₹3.50 Cr 1.94%
SBI TAX ADVANTAGE FUND SERIES II ₹1.00 Cr 0.56%
SBI TAX ADVANTAGE FUND SERIES III ₹1.00 Cr 0.56%
IDFC EQUITY SAVINGS FUND ₹0.70 Cr 0.39%
SBI EQUITY OPPORTUNITIES FUND SERIES I ₹0.50 Cr 0.28%
TOTAL ₹180.03 Cr 100.01%
View allotment letter PDF →

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 Fine Organic Industries IPO?

As of IPO close date (22 Jun, 2018), the Fine Organic Industries IPO is subscribed 8.77x times. Retail category is 1.19x, and NII is 21x subscribed.

When is the allotment date for Fine Organic Industries IPO?

The allotment for Fine Organic Industries IPO is expected to be finalized on 27 June, 2018.

What is the GMP of Fine Organic Industries?

The Grey Market Premium (GMP) for Fine Organic Industries is currently ₹37.5, indicating a potential listing gain of 5%.

When will Fine Organic Industries IPO list on the stock market?

Fine Organic Industries is scheduled to list on BSE and NSE on 02 July, 2018.

What are the chances of getting allotment in Fine Organic Industries IPO?

The retail category is oversubscribed at 1.19x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 12.85x mean for Fine Organic Industries IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 12.85x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Fine Organic Industries IPO allotment status?

After the allotment date (27 Jun, 2018), you can check your Fine Organic Industries 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
8.77x
QIB
12.85x
NII
21x
Retail
1.19x
Full IPO details
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