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Indogulf Cropsciences IPO Subscription Status

Indogulf Cropsciences IPO was subscribed 27.05 times when bidding closed on 30 Jun 2025: QIB 34.18x, NII 50.57x, Retail 15.43x.

The Indogulf Cropsciences IPO has been subscribed 27.0488x times overall. Retail investors have shown interest with bids for 15.431x the shares available. The Non-Institutional Investor (NII) category has been subscribed 50.5741x. Within NII, Big HNI (B-HNI) subscribed 53.7424x and Small HNI (S-HNI) subscribed 44.2374x. Qualified Institutional Buyers (QIBs) have subscribed 34.181x. Data last updated on 10 Nov, 01:05 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 26 Jun, 2025 and closes on 30 Jun, 2025. The shares are expected to list on stock exchanges on 03 Jul, 2025.

Abhishek Vohera, Founder of IPO Guru 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.

Last updated 10 Nov 2026, 01:05 AM
Category Bid details Times
QIB - of - - 34.181x
NII - of - - 50.5741x
bHNI — bid amount above ₹10 Lakh
- - 53.7424
sHNI — bid amount ₹2–10 Lakh
- - 44.2374
Retail - of - - 15.431x
TOTAL - 6,39,783 applications - 27.0488x
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Indogulf Cropsciences IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹111.

Applications
6,39,783
Allottees
53,575
Overall odds
1 out of 11
Amount collected
₹3,883 Cr
Category Apps Got Odds
TOTAL 19.38x subscribed 6,39,783 53,575 1 out of 11

Indogulf Cropsciences IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 15
~6.5% chance per PAN — based on 15.431x subscription. Winners get exactly 1 lot (₹14,985) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 44
~2.3% chance — based on 44.2374x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 54
~1.9% chance — based on 53.7424x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
34.181x
Proportionate allotment — at 34.181x, institutions receive ~2.9% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

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 6.5% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 34.181x. 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
30 Jun 2025
Day 3
27.0488x ▼
QIB34.181x BHNI53.7424x SHNI44.2374x Retail15.431x
27 Jun 2025
Day 2
0.94x ▼
QIB0.05x BHNI0.54x SHNI1.45x Retail1.55x
26 Jun 2025
Day 1
0.4x ▼
QIB0.05x BHNI0.14x SHNI0.53x Retail0.69x

Indogulf Cropsciences IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 26 Jun 2025
  2. Close 30 Jun 2025
  3. Allotment 01 Jul 2025
  4. Refund/credit 02 Jul 2025
  5. Listing 03 Jul 2025

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
ABAKKUS DIVERSIFIED ALPHA FUND ₹28.20 Cr 48.45%
VINEY GROWTH FUND ₹15.00 Cr 25.77%
SWYOM INDIA ALPHA FUND ₹5.00 Cr 8.59%
SUNRISE INVESTMENT TRUST-SUNRISE INVESTMENT OPPORTUNITIES FUND ₹5.00 Cr 8.59%
RAJASTHAN GLOBAL SECURITIES PVT.LTD. ₹5.00 Cr 8.59%
TOTAL ₹58.20 Cr 99.99%
View allotment letter PDF →

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 Indogulf Cropsciences IPO?

As of IPO close date (30 Jun, 2025), the Indogulf Cropsciences IPO is subscribed 27.0488x times. Retail category is 15.431x, and NII is 50.5741x subscribed.

When is the allotment date for Indogulf Cropsciences IPO?

The allotment for Indogulf Cropsciences IPO is expected to be finalized on 01 July, 2025.

What is the GMP of Indogulf Cropsciences?

The Grey Market Premium (GMP) for Indogulf Cropsciences is currently ₹15, indicating a potential listing gain of 14%.

When will Indogulf Cropsciences IPO list on the stock market?

Indogulf Cropsciences is scheduled to list on BSE and NSE on 03 July, 2025.

What are the chances of getting allotment in Indogulf Cropsciences IPO?

The retail category is oversubscribed at 15.431x, meaning allotment is by lottery. Statistically, approximately 1 in 16 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 34.181x mean for Indogulf Cropsciences IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 34.181x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Indogulf Cropsciences IPO allotment status?

After the allotment date (01 Jul, 2025), you can check your Indogulf Cropsciences 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.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
27.0488x
QIB
34.181x
NII
50.5741x
bHNI
53.7424x
sHNI
44.2374x
Retail
15.431x
Full IPO details
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