Indo Farm Equipment IPO Subscription Status
Indo Farm Equipment IPO was subscribed 227.67 times when bidding closed on 2 Jan 2025: QIB 242.4x, NII 501.75x, Retail 101.79x.
The Indo Farm Equipment IPO has been subscribed 227.67x times overall. Retail investors have shown interest with bids for 101.79x the shares available. The Non-Institutional Investor (NII) category has been subscribed 501.75x. Within NII, Big HNI (B-HNI) subscribed 548.13x and Small HNI (S-HNI) subscribed 408.98x. Qualified Institutional Buyers (QIBs) have subscribed 242.4x. Data last updated on 10 Nov, 11:39 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 31 Dec, 2024 and closes on 02 Jan, 2025. The shares are expected to list on stock exchanges on 07 Jan, 2025.
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 - - | 242.4x |
| NII | - of - - | 501.75x |
bHNI — bid amount above ₹10 Lakh |
- - | 548.13 |
sHNI — bid amount ₹2–10 Lakh |
- - | 408.98 |
| Retail | - of - - | 101.79x |
| TOTAL | - - | 227.67x |
Indo Farm Equipment 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
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 102 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 242.4x. 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 | ||
|---|---|---|---|
|
02 Jan 2025
Day 3 |
227.67x | ▼ | |
|
QIB242.4x
BHNI548.13x
SHNI408.98x
Retail101.79x
|
|||
|
01 Jan 2025
Day 2 |
54.55x | ▼ | |
|
QIB11.96x
BHNI130x
SHNI135.51x
Retail45.76x
|
|||
|
31 Dec 2024
Day 1 |
17.71x | ▼ | |
|
QIB8.1x
BHNI25.15x
SHNI35.41x
Retail18.55x
|
|||
Indo Farm Equipment IPO dates
From the bidding window to listing. Today is 11 November.
- Open 31 Dec 2024
- Close 02 Jan 2025
- Allotment 03 Jan 2025
- Refund/credit 06 Jan 2025
- Listing 07 Jan 2025
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 Indo Farm Equipment IPO?
As of IPO close date (02 Jan, 2025), the Indo Farm Equipment IPO is subscribed 227.67x times. Retail category is 101.79x, and NII is 501.75x subscribed.
When is the allotment date for Indo Farm Equipment IPO?
The allotment for Indo Farm Equipment IPO is expected to be finalized on 03 January, 2025.
What is the GMP of Indo Farm Equipment?
The Grey Market Premium (GMP) for Indo Farm Equipment is currently ₹76, indicating a potential listing gain of 35%.
When will Indo Farm Equipment IPO list on the stock market?
Indo Farm Equipment is scheduled to list on BSE and NSE on 07 January, 2025.
What are the chances of getting allotment in Indo Farm Equipment IPO?
The retail category is oversubscribed at 101.79x, meaning allotment is by lottery. Statistically, approximately 1 in 102 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 242.4x mean for Indo Farm Equipment IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 242.4x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Indo Farm Equipment IPO allotment status?
After the allotment date (03 Jan, 2025), you can check your Indo Farm Equipment 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 Indo Farm Equipment 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.
