Indegene IPO Subscription Status
Indegene IPO was subscribed 70.3 times when bidding closed on 8 May 2024: QIB 192.72x, NII 55.91x, Retail 7.86x.
The Indegene IPO has been subscribed 70.3x times overall. Retail investors have shown interest with bids for 7.86x the shares available. The Non-Institutional Investor (NII) category has been subscribed 55.91x. Within NII, Big HNI (B-HNI) subscribed 62.23x and Small HNI (S-HNI) subscribed 43.26x. Qualified Institutional Buyers (QIBs) have subscribed 192.72x. Data last updated on 10 Nov, 06:38 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 06 May, 2024 and closes on 08 May, 2024. The shares are expected to list on stock exchanges on 13 May, 2024.
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 - - | 192.72x |
| NII | - of - - | 55.91x |
bHNI — bid amount above ₹10 Lakh |
- - | 62.23 |
sHNI — bid amount ₹2–10 Lakh |
- - | 43.26 |
| Retail | - of - - | 7.86x |
| Employee | - of - - | 6.62x |
| TOTAL | - - | 70.3x |
Indegene 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 12.7% for a single lot.
Market Sentiment
Strong grey market premium of 66% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 192.72x. 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 | ||
|---|---|---|---|
|
08 May 2024
Day 3 |
70.3x | ▼ | |
|
QIB192.72x
BHNI62.23x
SHNI43.26x
Retail7.86x
Employee6.62x
|
|||
|
07 May 2024
Day 2 |
7.35x | ▼ | |
|
QIB5.59x
BHNI19.26x
SHNI15.56x
Retail3.82x
|
|||
|
06 May 2024
Day 1 |
1.67x | ▼ | |
|
QIB0.05x
BHNI4.15x
SHNI4.1x
Retail1.5x
|
|||
Indegene IPO dates
From the bidding window to listing. Today is 11 November.
- Open 06 May 2024
- Close 08 May 2024
- Allotment 09 May 2024
- Refund/credit 10 May 2024
- Listing 13 May 2024
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 Indegene IPO?
As of IPO close date (08 May, 2024), the Indegene IPO is subscribed 70.3x times. Retail category is 7.86x, and NII is 55.91x subscribed.
When is the allotment date for Indegene IPO?
The allotment for Indegene IPO is expected to be finalized on 09 May, 2024.
What is the GMP of Indegene?
The Grey Market Premium (GMP) for Indegene is currently ₹300, indicating a potential listing gain of 66%.
When will Indegene IPO list on the stock market?
Indegene is scheduled to list on BSE and NSE on 13 May, 2024.
What are the chances of getting allotment in Indegene IPO?
The retail category is oversubscribed at 7.86x, meaning allotment is by lottery. Statistically, approximately 1 in 8 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 192.72x mean for Indegene IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 192.72x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Indegene IPO allotment status?
After the allotment date (09 May, 2024), you can check your Indegene 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 Indegene 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.
