India Shelter Finance Corporation IPO Subscription Status
India Shelter Finance Corporation IPO was subscribed 38.59 times when bidding closed on 15 Dec 2023: QIB 94.29x, NII 29.97x, Retail 10.46x.
The India Shelter Finance Corporation IPO has been subscribed 38.59x times overall. Retail investors have shown interest with bids for 10.46x the shares available. The Non-Institutional Investor (NII) category has been subscribed 29.97x. Within NII, Big HNI (B-HNI) subscribed 29.77x and Small HNI (S-HNI) subscribed 30.37x. Qualified Institutional Buyers (QIBs) have subscribed 94.29x. Data last updated on 10 Nov, 06:23 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 Dec, 2023 and closes on 15 Dec, 2023. The shares are expected to list on stock exchanges on 20 Dec, 2023.
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 - - | 94.29x |
| NII | - of - - | 29.97x |
bHNI — bid amount above ₹10 Lakh |
- - | 29.77 |
sHNI — bid amount ₹2–10 Lakh |
- - | 30.37 |
| Retail | - of - - | 10.46x |
| TOTAL | - - | 38.59x |
India Shelter Finance Corporation 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 9.6% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 94.29x. 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 | ||
|---|---|---|---|
|
15 Dec 2023
Day 3 |
38.59x | ▼ | |
|
QIB94.29x
BHNI29.77x
SHNI30.37x
Retail10.46x
|
|||
|
14 Dec 2023
Day 2 |
4.36x | ▼ | |
|
QIB0.84x
BHNI6.38x
SHNI9.3x
Retail5.08x
|
|||
|
13 Dec 2023
Day 1 |
1.48x | ▼ | |
|
QIB0.57x
BHNI1.41x
SHNI2.41x
Retail1.89x
|
|||
India Shelter Finance Corporation IPO dates
From the bidding window to listing. Today is 12 November.
- Open 13 Dec 2023
- Close 15 Dec 2023
- Allotment 18 Dec 2023
- Refund/credit 19 Dec 2023
- Listing 20 Dec 2023
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 India Shelter Finance Corporation IPO?
As of IPO close date (15 Dec, 2023), the India Shelter Finance Corporation IPO is subscribed 38.59x times. Retail category is 10.46x, and NII is 29.97x subscribed.
When is the allotment date for India Shelter Finance Corporation IPO?
The allotment for India Shelter Finance Corporation IPO is expected to be finalized on 18 December, 2023.
What is the GMP of India Shelter Finance Corporation?
The Grey Market Premium (GMP) for India Shelter Finance Corporation is currently ₹160, indicating a potential listing gain of 32%.
When will India Shelter Finance Corporation IPO list on the stock market?
India Shelter Finance Corporation is scheduled to list on BSE and NSE on 20 December, 2023.
What are the chances of getting allotment in India Shelter Finance Corporation IPO?
The retail category is oversubscribed at 10.46x, meaning allotment is by lottery. Statistically, approximately 1 in 11 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 94.29x mean for India Shelter Finance Corporation IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 94.29x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check India Shelter Finance Corporation IPO allotment status?
After the allotment date (18 Dec, 2023), you can check your India Shelter Finance Corporation 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 India Shelter Finance Corporation 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.
