Indo SMC IPO Subscription Status
The Indo SMC IPO has been subscribed 102.83x times overall. Retail investors have shown interest with bids for 96.13x the shares available. The Non-Institutional Investor (NII) category has been subscribed 122.14x. Qualified Institutional Buyers (QIBs) have subscribed 94.94x. Data last updated on 17 Apr, 12:32 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 12 Jan, 2026 and closes on 16 Jan, 2026. The shares are expected to list on stock exchanges on 21 Jan, 2026.
Table of Contents
Live Bidding
| Category | Offered | Applied | Bid Details | TIMES |
|---|---|---|---|---|
|
QIB
|
11,72,000 | 11,12,65,000 |
11,12,65,000
of 11,72,000
|
94.94x |
|
NII
|
11,91,000 | 14,54,74,000 |
14,54,74,000
of 11,91,000
|
122.14x |
|
Retail
|
20,52,000 | 19,72,52,000 |
19,72,52,000
of 20,52,000
|
96.13x |
| TOTAL | 44,15,000 | 45,39,91,000 |
45,39,91,000
-
|
102.83x |
Last Updated: 17 Apr 2026, 12:32 PM
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 97 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 94.94x. This often signals long-term confidence from professional funds.
Day-wise Subscription History
Subscription trends over the last 7 days
| Date | Total | ||
|---|---|---|---|
|
17 Apr 2026
DAY 7
|
102.83x
|
||
|
QIB
94.94x
NII
122.14x
Retail
96.13x
|
|||
|
22 Jan 2026
DAY 6
|
102.83x
|
||
|
QIB
94.94x
NII
122.14x
Retail
96.13x
|
|||
|
21 Jan 2026
DAY 5
|
102.83x
|
||
|
QIB
94.94x
NII
122.14x
Retail
96.13x
|
|||
|
16 Jan 2026
DAY 4
|
16.53x
|
||
|
QIB
14.69x
NII
24.67x
Retail
14.10x
|
|||
|
14 Jan 2026
DAY 3
|
1.95x
|
||
|
QIB
0.00x
NII
1.87x
Retail
3.11x
|
|||
|
13 Jan 2026
DAY 2
|
0.94x
|
||
|
QIB
0.00x
NII
0.74x
Retail
1.60x
|
|||
|
12 Jan 2026
DAY 1
|
1.01x
|
||
|
QIB
0.00x
NII
1.00x
Retail
1.60x
|
|||
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Indo SMC IPO Allotment Probability
Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.
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:
- 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.
- 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.
- 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.
- 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 market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
What is the current subscription status of Indo SMC IPO?
As of IPO close date (16 Jan, 2026), the Indo SMC IPO is subscribed 102.83x times. Retail category is 96.13x, and NII is 122.14x subscribed.
When is the allotment date for Indo SMC IPO?
The allotment for Indo SMC IPO is expected to be finalized on 19 January, 2026.
What is the GMP of Indo SMC?
The Grey Market Premium (GMP) for Indo SMC is currently ₹10, indicating a potential listing gain of 7%.
When will Indo SMC IPO list on the stock market?
Indo SMC is scheduled to list on BSE and NSE on 21 January, 2026.
What are the chances of getting allotment in Indo SMC IPO?
The retail category is oversubscribed at 96.13x, meaning allotment is by lottery. Statistically, approximately 1 in 97 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 94.94x mean for Indo SMC IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 94.94x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Indo SMC IPO allotment status?
After the allotment date (19 Jan, 2026), you can check your Indo SMC 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 SMC IPO Further
Track every stage of this IPO from subscription to listing:
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