IPO Guru
Bajaj
Listed SME

GRE Renew Enertech IPO Subscription Status

GRE Renew Enertech IPO was subscribed 15.43 times when bidding closed on 16 Jan 2026: QIB 14.69x, NII 18.46x, Retail 14.1x.

The GRE Renew Enertech IPO has been subscribed 15.43x times overall. Retail investors have shown interest with bids for 14.1x the shares available. The Non-Institutional Investor (NII) category has been subscribed 18.46x. Within NII, Big HNI (B-HNI) subscribed 28.53x and Small HNI (S-HNI) subscribed 18.02x. Qualified Institutional Buyers (QIBs) have subscribed 14.69x. Data last updated on 25 Aug, 12:56 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 13 Jan, 2026 and closes on 16 Jan, 2026. The shares are expected to list on stock exchanges on 21 Jan, 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 25 Aug 2026, 12:56 PM
Category Bid details Times
QIB 1,04,85,600 of 7,14,000 14.69x
NII 1,35,13,200 of 7,32,000 18.46x
bHNI — bid amount above ₹10 Lakh
1,02,69,600 28.53
sHNI — bid amount ₹2–10 Lakh
32,43,600 18.02
Retail 1,77,60,000 of 12,60,000 14.1x
TOTAL 4,17,58,800 15.43x
Advertisement

Application-wise breakup (estimated)

Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Max Applications is the number of allotment slots: one lot per retail winner, and the minimum NII application (the smallest lot count above ₹2 lakh) per sHNI and bHNI winner. Final counts appear here once the Basis of Allotment is out.

Category Est. Applied Times
bHNI (₹10 L+) max 189 1,001 5.30x
sHNI (₹2–10 L) max 94 1,073 11.41x
Retail max 6,30,000 44,28,084 7.03x
TOTAL (EST.) 44,30,158

GRE Renew Enertech IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 13
~7.1% chance per PAN — based on 14.1x subscription. Winners get exactly 1 lot (₹2.5 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 17
~5.5% chance — based on 18.02x subscription. Lottery allots the minimum S-HNI application of 1 lots (₹2.5 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 29
~3.5% chance — based on 28.53x subscription. Lottery allots the minimum NII application of 1 lots (₹2.5 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
14.69x
Proportionate allotment — at 14.69x, institutions receive ~6.8% 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 7.1% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 14.69x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 4-day bidding window. On phones, tap a day for the category split.

Date Total
16 Jan 2026
Day 4
15.12x ▼
QIB14.69x NII18.35x Retail13.49x
15 Jan 2026
Day 3
16.53x ▼
QIB14.69x NII24.67x Retail14.10x
14 Jan 2026
Day 2
2.55x ▼
QIB7.04x NII1.16x Retail0.80x
13 Jan 2026
Day 1
2.10x ▼
QIB7.04x NII0.36x Retail0.32x

GRE Renew Enertech SME IPO dates

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

Key dates Listed
  1. Open 13 Jan 2026
  2. Close 16 Jan 2026
  3. Allotment 19 Jan 2026
  4. Refund/credit 20 Jan 2026
  5. Listing 21 Jan 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 GRE Renew Enertech IPO?

As of IPO close date (16 Jan, 2026), the GRE Renew Enertech IPO is subscribed 15.43x times. Retail category is 14.1x, and NII is 18.46x subscribed.

When is the allotment date for GRE Renew Enertech IPO?

The allotment for GRE Renew Enertech IPO is expected to be finalized on 19 January, 2026.

What is the GMP of GRE Renew Enertech?

The Grey Market Premium (GMP) for GRE Renew Enertech is currently ₹1, indicating a potential listing gain of 1%.

When will GRE Renew Enertech IPO list on the stock market?

GRE Renew Enertech is scheduled to list on BSE and NSE on 21 January, 2026.

What are the chances of getting allotment in GRE Renew Enertech IPO?

The retail category is oversubscribed at 14.1x, meaning allotment is by lottery. Statistically, approximately 1 in 15 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 14.69x mean for GRE Renew Enertech IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 14.69x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check GRE Renew Enertech IPO allotment status?

After the allotment date (19 Jan, 2026), you can check your GRE Renew Enertech 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 GRE Renew Enertech SME IPO further

Track every stage of this IPO, from subscription to listing.

IPO Guru App
IPO Guru on Android

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.

Get it on Google Play Join the WhatsApp channel

Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
15.43x
QIB
14.69x
NII
18.46x
Retail
14.1x
Full IPO details
Advertisement