G R Infraprojects IPO Subscription Status
G R Infraprojects IPO was subscribed 102.58 times when bidding closed on 9 Jul 2021: QIB 168.58x, NII 238.04x, Retail 12.57x.
The G R Infraprojects IPO has been subscribed 102.58x times overall. Retail investors have shown interest with bids for 12.57x the shares available. The Non-Institutional Investor (NII) category has been subscribed 238.04x. Qualified Institutional Buyers (QIBs) have subscribed 168.58x. 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 07 Jul, 2021 and closes on 09 Jul, 2021. The shares are expected to list on stock exchanges on 19 Jul, 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 - - | 168.58x |
| NII | - of - - | 238.04x |
| Retail | - of - - | 12.57x |
| Employee | - of - - | 1.37x |
| TOTAL | - - | 102.58x |
G R Infraprojects 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
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 8% for a single lot.
Market Sentiment
Strong grey market premium of 62% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 168.58x. 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 | ||
|---|---|---|---|
|
09 Jul 2021
Day 3 |
102.58x | ▼ | |
|
QIB168.58x
BHNI-
SHNI-
Retail12.57x
Employee1.37x
|
|||
|
08 Jul 2021
Day 2 |
5.75x | ▼ | |
|
QIB2.79x
BHNI-
SHNI-
Retail7.5x
Employee0.75x
|
|||
|
07 Jul 2021
Day 1 |
2.28x | ▼ | |
|
QIB0.49x
BHNI-
SHNI-
Retail3.24x
Employee0.25x
|
|||
G R Infraprojects IPO dates
From the bidding window to listing. Today is 10 November.
- Open 07 Jul 2021
- Close 09 Jul 2021
- Allotment 14 Jul 2021
- Refund/credit 15 Jul 2021
- Listing 19 Jul 2021
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 G R Infraprojects IPO?
As of IPO close date (09 Jul, 2021), the G R Infraprojects IPO is subscribed 102.58x times. Retail category is 12.57x, and NII is 238.04x subscribed.
When is the allotment date for G R Infraprojects IPO?
The allotment for G R Infraprojects IPO is expected to be finalized on 14 July, 2021.
What is the GMP of G R Infraprojects?
The Grey Market Premium (GMP) for G R Infraprojects is currently ₹520, indicating a potential listing gain of 62%.
When will G R Infraprojects IPO list on the stock market?
G R Infraprojects is scheduled to list on BSE and NSE on 19 July, 2021.
What are the chances of getting allotment in G R Infraprojects IPO?
The retail category is oversubscribed at 12.57x, 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 168.58x mean for G R Infraprojects IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 168.58x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check G R Infraprojects IPO allotment status?
After the allotment date (14 Jul, 2021), you can check your G R Infraprojects 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 G R Infraprojects IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
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.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
