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Inox Green Energy Services IPO Subscription Status

Inox Green Energy Services IPO was subscribed 1.66 times when bidding closed on 15 Nov 2022: QIB 1.12x, NII 0.5x, Retail 5.01x.

The Inox Green Energy Services IPO has been subscribed 1.66x times overall. Retail investors have shown interest with bids for 5.01x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.5x. Within NII, Big HNI (B-HNI) subscribed 0.42x and Small HNI (S-HNI) subscribed 0.68x. Qualified Institutional Buyers (QIBs) have subscribed 1.12x. Data last updated on 10 Nov, 11:41 AM.

The IPO subscription period has ended. The issue opened on 11 Nov, 2022 and closes on 15 Nov, 2022. The shares are expected to list on stock exchanges on 23 Nov, 2022.

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, 11:41 AM
Category Bid details Times
QIB - of - - 1.12x
NII - of - - 0.5x
bHNI — bid amount above ₹10 Lakh
- - 0.42
sHNI — bid amount ₹2–10 Lakh
- - 0.68
Retail - of - - 5.01x
TOTAL - - 1.66x
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Inox Green Energy Services IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 5
~20% chance per PAN — based on 5.01x subscription. Winners get exactly 1 lot (₹14,950) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
Full allotment
0.68x — undersubscribed. Valid S-HNI bids should be allotted in full.
Big HNI (above ₹10 L)
Full allotment
0.42x — undersubscribed. Valid B-HNI bids should be allotted in full.
QIB (institutions)
1.12x
Proportionate allotment — at 1.12x, institutions receive ~89.3% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

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 20% for a single lot.

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 Nov 2022
Day 3
1.66x ▼
QIB1.12x BHNI0.42x SHNI0.68x Retail5.01x
14 Nov 2022
Day 2
0.85x ▼
QIB0.47x BHNI0.17x SHNI0.35x Retail2.93x
11 Nov 2022
Day 1
0.46x ▼
QIB0.47x BHNI0.02x SHNI0.11x Retail1.03x

Inox Green Energy Services IPO dates

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

Key dates Listed
  1. Open 11 Nov 2022
  2. Close 15 Nov 2022
  3. Allotment 18 Nov 2022
  4. Refund/credit 21 Nov 2022
  5. Listing 23 Nov 2022

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 Inox Green Energy Services IPO?

As of IPO close date (15 Nov, 2022), the Inox Green Energy Services IPO is subscribed 1.66x times. Retail category is 5.01x, and NII is 0.5x subscribed.

When is the allotment date for Inox Green Energy Services IPO?

The allotment for Inox Green Energy Services IPO is expected to be finalized on 18 November, 2022.

What is the GMP of Inox Green Energy Services?

The Grey Market Premium (GMP) for Inox Green Energy Services is currently ₹5, indicating a potential listing gain of 8%.

When will Inox Green Energy Services IPO list on the stock market?

Inox Green Energy Services is scheduled to list on BSE and NSE on 23 November, 2022.

What are the chances of getting allotment in Inox Green Energy Services IPO?

The retail category is oversubscribed at 5.01x, meaning allotment is by lottery. Statistically, approximately 1 in 6 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 1.12x mean for Inox Green Energy Services IPO?

Moderate — QIBs have subscribed 1.12x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Inox Green Energy Services IPO allotment status?

After the allotment date (18 Nov, 2022), you can check your Inox Green Energy Services 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
1.66x
QIB
1.12x
NII
0.5x
bHNI
0.42x
sHNI
0.68x
Retail
5.01x
Full IPO details
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