GRSE IPO Subscription Status
GRSE IPO was subscribed 1.02 times when bidding closed on 1 Oct 2018: QIB 1.81x, NII 0.31x, Retail 0.24x.
The Garden Reach Shipbuilders & Engineers IPO has been subscribed 1.02x times overall. Retail investors have shown interest with bids for 0.24x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.31x. Qualified Institutional Buyers (QIBs) have subscribed 1.81x. Data last updated on 12 Nov, 03:12 PM.
The IPO subscription period has ended. The issue opened on 24 Sep, 2018 and closes on 01 Oct, 2018. The shares are expected to list on stock exchanges on 10 Oct, 2018.
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 - - | 1.81x |
| NII | - of - - | 0.31x |
| Retail | - of - - | 0.24x |
| Employee | - of - - | 0.14x |
| TOTAL | - - | 1.02x |
Garden Reach Shipbuilders & Engineers 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
Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.
Day-wise subscription history
End-of-day subscription across the 6-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
01 Oct 2018
Day 6 |
1.02x | ▼ | |
|
QIB1.81x
BHNI-
SHNI-
Retail0.24x
Employee0.14x
|
|||
|
28 Sep 2018
Day 5 |
1.01x | ▼ | |
|
QIB1.82x
BHNI-
SHNI-
Retail0.23x
|
|||
|
27 Sep 2018
Day 4 |
0.72x | ▼ | |
|
QIB1.22x
BHNI-
SHNI-
Retail0.23x
|
|||
|
26 Sep 2018
Day 3 |
0.67x | ▼ | |
|
QIB1.22x
BHNI-
SHNI-
Retail0.22x
|
|||
|
25 Sep 2018
Day 2 |
0.03x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail0.09x
|
|||
|
24 Sep 2018
Day 1 |
0.02x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail0.04x
|
|||
Garden Reach Shipbuilders & Engineers IPO dates
From the bidding window to listing. Today is 12 November.
- Open 24 Sep 2018
- Close 01 Oct 2018
- Allotment 01 Oct 2018
- Refund/credit 03 Oct 2018
- Listing 10 Oct 2018
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 Garden Reach Shipbuilders & Engineers IPO?
As of IPO close date (01 Oct, 2018), the Garden Reach Shipbuilders & Engineers IPO is subscribed 1.02x times. Retail category is 0.24x, and NII is 0.31x subscribed.
When is the allotment date for Garden Reach Shipbuilders & Engineers IPO?
The allotment for Garden Reach Shipbuilders & Engineers IPO is expected to be finalized on 01 October, 2018.
When will Garden Reach Shipbuilders & Engineers IPO list on the stock market?
Garden Reach Shipbuilders & Engineers is scheduled to list on BSE and NSE on 10 October, 2018.
What are the chances of getting allotment in Garden Reach Shipbuilders & Engineers IPO?
The retail category is currently undersubscribed at 0.24x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.
What does QIB subscription of 1.81x mean for Garden Reach Shipbuilders & Engineers IPO?
Moderate — QIBs have subscribed 1.81x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Garden Reach Shipbuilders & Engineers IPO allotment status?
After the allotment date (01 Oct, 2018), you can check your Garden Reach Shipbuilders & Engineers 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 Garden Reach Shipbuilders & Engineers 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.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
