Harsha Engineers International IPO Subscription Status
Harsha Engineers International IPO was subscribed 78.51 times when bidding closed on 16 Sep 2022: QIB 187.34x, NII 74.96x, Retail 18.53x.
The Harsha Engineers International IPO has been subscribed 78.51x times overall. Retail investors have shown interest with bids for 18.53x the shares available. The Non-Institutional Investor (NII) category has been subscribed 74.96x. Within NII, Big HNI (B-HNI) subscribed 78.59x and Small HNI (S-HNI) subscribed 67.7x. Qualified Institutional Buyers (QIBs) have subscribed 187.34x. Data last updated on 10 Nov, 11:32 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 14 Sep, 2022 and closes on 16 Sep, 2022. The shares are expected to list on stock exchanges on 26 Sep, 2022.
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 - - | 187.34x |
| NII | - of - - | 74.96x |
bHNI — bid amount above ₹10 Lakh |
- - | 78.59 |
sHNI — bid amount ₹2–10 Lakh |
- - | 67.7 |
| Retail | - of - - | 18.53x |
| Employee | - of - - | 12.75x |
| TOTAL | - - | 78.51x |
Harsha Engineers International 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 5.4% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 187.34x. 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 | ||
|---|---|---|---|
|
16 Sep 2022
Day 3 |
78.51x | ▼ | |
|
QIB187.34x
BHNI78.59x
SHNI67.7x
Retail18.53x
Employee12.75x
|
|||
|
15 Sep 2022
Day 2 |
10.35x | ▼ | |
|
QIB1.63x
BHNI22.38x
SHNI29.96x
Retail9.14x
|
|||
|
14 Sep 2022
Day 1 |
2.87x | ▼ | |
|
QIB0.06x
BHNI4.92x
SHNI7.64x
Retail3.22x
|
|||
Harsha Engineers International IPO dates
From the bidding window to listing. Today is 11 November.
- Open 14 Sep 2022
- Close 16 Sep 2022
- Allotment 21 Sep 2022
- Refund/credit 22 Sep 2022
- Listing 26 Sep 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 Harsha Engineers International IPO?
As of IPO close date (16 Sep, 2022), the Harsha Engineers International IPO is subscribed 78.51x times. Retail category is 18.53x, and NII is 74.96x subscribed.
When is the allotment date for Harsha Engineers International IPO?
The allotment for Harsha Engineers International IPO is expected to be finalized on 21 September, 2022.
What is the GMP of Harsha Engineers International?
The Grey Market Premium (GMP) for Harsha Engineers International is currently ₹160, indicating a potential listing gain of 48%.
When will Harsha Engineers International IPO list on the stock market?
Harsha Engineers International is scheduled to list on BSE and NSE on 26 September, 2022.
What are the chances of getting allotment in Harsha Engineers International IPO?
The retail category is oversubscribed at 18.53x, meaning allotment is by lottery. Statistically, approximately 1 in 19 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 187.34x mean for Harsha Engineers International IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 187.34x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Harsha Engineers International IPO allotment status?
After the allotment date (21 Sep, 2022), you can check your Harsha Engineers International 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 Harsha Engineers International 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.
