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Bajaj
Listed SME

FX Multitech IPO Subscription Status

FX Multitech IPO was subscribed 16.54 times when bidding closed on 23 Sep 2026: QIB 20.95x, NII 19.47x, Retail 12.31x.

The FX Multitech IPO has been subscribed 16.54x times overall. Retail investors have shown interest with bids for 12.31x the shares available. The Non-Institutional Investor (NII) category has been subscribed 19.47x. Within NII, Big HNI (B-HNI) subscribed 30.4x and Small HNI (S-HNI) subscribed 18.21x. Qualified Institutional Buyers (QIBs) have subscribed 20.95x. Data last updated on 28 Sep, 06:30 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 21 Sep, 2026 and closes on 23 Sep, 2026. The shares are expected to list on stock exchanges on 28 Sep, 2026.

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 28 Sep 2026, 06:30 PM
Category Bid details Times
QIB 1,55,90,400 of 7,44,000 20 applications 20.95x
NII 1,46,95,200 of 7,54,800 1,997 applications 19.47x
bHNI — bid amount above ₹10 Lakh
1,13,08,800 1,055 applications 30.4
sHNI — bid amount ₹2–10 Lakh
33,86,400 942 applications 18.21
Retail 1,59,84,000 of 12,98,400 6,630 applications 12.31x
TOTAL 4,62,69,600 8,647 applications 16.54x
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FX Multitech IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹116.

Applications
8,653
Allottees
721
Overall odds
1 out of 11
Amount collected
₹553 Cr
Category Apps Got Odds
QIB 9.34x subscribed 26 26 All
Ex. Anchor
20 20 All
Anchor
6 6 All
NII (HNI) 26.08x subscribed 1,997 154 1 out of 12
bNII >₹10L
1,055 103 1 out of 10
sNII <₹10L
942 51 1 out of 17
Retail 12.26x subscribed 6,630 541 1 out of 12
TOTAL 12.88x subscribed 8,653 721 1 out of 11

FX Multitech IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 6
~16.3% chance per PAN — 6,630 applicants for 1,082 allotment slots. Winners get exactly 1 lot (₹1.4 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 12
~8.2% chance — 942 applicants for 77 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.8 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 7
~14.7% chance — 1,055 applicants for 155 allotment slots. Lottery allots the minimum NII application of 2 lots (₹2.8 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
20.95x
Proportionate allotment — at 20.95x, institutions receive ~4.8% 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 8.1% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 20.95x. 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
23 Sep 2026
Day 3
16.54x ▼
QIB20.95x NII19.47x Retail12.31x
22 Sep 2026
Day 2
0.43x ▼
QIB0.01x NII1.22x Retail0.2x
21 Sep 2026
Day 1
0.27x ▼
QIB- NII0.88x Retail0.07x

FX Multitech SME IPO dates

From the bidding window to listing. Today is 30 October.

Key dates Listed
  1. Open 21 Sep 2026
  2. Close 23 Sep 2026
  3. Allotment 24 Sep 2026
  4. Refund/credit 25 Sep 2026
  5. Listing 28 Sep 2026

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 FX Multitech IPO?

As of IPO close date (23 Sep, 2026), the FX Multitech IPO is subscribed 16.54x times. Retail category is 12.31x, and NII is 19.47x subscribed.

When is the allotment date for FX Multitech IPO?

The allotment for FX Multitech IPO is expected to be finalized on 24 September, 2026.

What is the GMP of FX Multitech?

The Grey Market Premium (GMP) for FX Multitech is currently ₹6.5, indicating a potential listing gain of 5.60%.

When will FX Multitech IPO list on the stock market?

FX Multitech is scheduled to list on BSE and NSE on 28 September, 2026.

What are the chances of getting allotment in FX Multitech IPO?

The retail category is oversubscribed at 12.31x, meaning allotment is by lottery. Statistically, approximately 1 in 13 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 20.95x mean for FX Multitech IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 20.95x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check FX Multitech IPO allotment status?

After the allotment date (24 Sep, 2026), you can check your FX Multitech 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
16.54x
QIB
20.95x
NII
19.47x
Retail
12.31x
Full IPO details
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