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Hariom Pipe Industries IPO Subscription Status

Hariom Pipe Industries IPO was subscribed 7.93 times when bidding closed on 5 Apr 2022: QIB 1.91x, NII 8.87x, Retail 12.15x.

The Hariom Pipe Industries IPO has been subscribed 7.93x times overall. Retail investors have shown interest with bids for 12.15x the shares available. The Non-Institutional Investor (NII) category has been subscribed 8.87x. Qualified Institutional Buyers (QIBs) have subscribed 1.91x. Data last updated on 10 Nov, 11:24 AM.

The IPO subscription period has ended. The issue opened on 30 Mar, 2022 and closes on 05 Apr, 2022. The shares are expected to list on stock exchanges on 13 Apr, 2022.

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 10 Nov 2026, 11:24 AM
Category Bid details Times
QIB - of - - 1.91x
NII - of - - 8.87x
Retail - of - - 12.15x
TOTAL - - 7.93x
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Hariom Pipe Industries IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 12
~8.2% chance per PAN — based on 12.15x subscription. Winners get exactly 1 lot (₹14,994) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 9
~11.3% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
1.91x
Proportionate allotment — at 1.91x, institutions receive ~52.4% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

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 8.2% for a single lot.

Day-wise subscription history

End-of-day subscription across the 5-day bidding window. On phones, tap a day for the category split.

Date Total
05 Apr 2022
Day 5
7.93x ▼
QIB1.91x BHNI- SHNI- Retail12.15x
04 Apr 2022
Day 4
3.43x ▼
QIB0.82x BHNI- SHNI- Retail7.17x
01 Apr 2022
Day 3
1.88x ▼
QIB0.44x BHNI- SHNI- Retail4.66x
31 Mar 2022
Day 2
1.48x ▼
QIB0.44x BHNI- SHNI- Retail3.55x
30 Mar 2022
Day 1
0.67x ▼
QIB- BHNI- SHNI- Retail1.88x

Hariom Pipe Industries IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 30 Mar 2022
  2. Close 05 Apr 2022
  3. Allotment 08 Apr 2022
  4. Refund/credit 11 Apr 2022
  5. Listing 13 Apr 2022

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 Hariom Pipe Industries IPO?

As of IPO close date (05 Apr, 2022), the Hariom Pipe Industries IPO is subscribed 7.93x times. Retail category is 12.15x, and NII is 8.87x subscribed.

When is the allotment date for Hariom Pipe Industries IPO?

The allotment for Hariom Pipe Industries IPO is expected to be finalized on 08 April, 2022.

What is the GMP of Hariom Pipe Industries?

The Grey Market Premium (GMP) for Hariom Pipe Industries is currently ₹15, indicating a potential listing gain of 10%.

When will Hariom Pipe Industries IPO list on the stock market?

Hariom Pipe Industries is scheduled to list on BSE and NSE on 13 April, 2022.

What are the chances of getting allotment in Hariom Pipe Industries IPO?

The retail category is oversubscribed at 12.15x, 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 1.91x mean for Hariom Pipe Industries IPO?

Moderate — QIBs have subscribed 1.91x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Hariom Pipe Industries IPO allotment status?

After the allotment date (08 Apr, 2022), you can check your Hariom Pipe 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
7.93x
QIB
1.91x
NII
8.87x
Retail
12.15x
Full IPO details
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