Indoco Remedies IPO Subscription Status
Indoco Remedies IPO was subscribed 60.74 times when bidding closed on 23 Dec 2004: QIB 38.84x, NII 94.63x, Retail 70.64x.
The Indoco Remedies IPO has been subscribed 60.74x times overall. Retail investors have shown interest with bids for 70.64x the shares available. The Non-Institutional Investor (NII) category has been subscribed 94.63x. Qualified Institutional Buyers (QIBs) have subscribed 38.84x. Data last updated on 12 Nov, 08:13 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 17 Dec, 2004 and closes on 23 Dec, 2004. The shares are expected to list on stock exchanges on 14 Jan, 2005.
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 - - | 38.84x |
| NII | - of - - | 94.63x |
| Retail | - of - - | 70.64x |
| TOTAL | - - | 60.74x |
Indoco Remedies 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 71 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 38.84x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 1-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
23 Dec 2004
Day 1 |
60.74x | ▼ | |
|
QIB38.84x
BHNI-
SHNI-
Retail70.64x
|
|||
Indoco Remedies IPO dates
From the bidding window to listing. Today is 12 November.
- Open 17 Dec 2004
- Close 23 Dec 2004
- Allotment 05 Jan 2005
- Refund/credit TBA
- Listing 14 Jan 2005
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 Indoco Remedies IPO?
As of IPO close date (23 Dec, 2004), the Indoco Remedies IPO is subscribed 60.74x times. Retail category is 70.64x, and NII is 94.63x subscribed.
When is the allotment date for Indoco Remedies IPO?
The allotment for Indoco Remedies IPO is expected to be finalized on 05 January, 2005.
When will Indoco Remedies IPO list on the stock market?
Indoco Remedies is scheduled to list on BSE and NSE on 14 January, 2005.
What are the chances of getting allotment in Indoco Remedies IPO?
The retail category is oversubscribed at 70.64x, meaning allotment is by lottery. Statistically, approximately 1 in 71 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 38.84x mean for Indoco Remedies IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 38.84x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Indoco Remedies IPO allotment status?
After the allotment date (05 Jan, 2005), you can check your Indoco Remedies 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 Indoco Remedies 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.
