Jana Small Finance Bank IPO Subscription Status
Jana Small Finance Bank IPO was subscribed 19.23 times when bidding closed on 9 Feb 2024: QIB 39.81x, NII 26.13x, Retail 5.7x.
The Jana Small Finance Bank IPO has been subscribed 19.23x times overall. Retail investors have shown interest with bids for 5.7x the shares available. The Non-Institutional Investor (NII) category has been subscribed 26.13x. Within NII, Big HNI (B-HNI) subscribed 28.73x and Small HNI (S-HNI) subscribed 20.94x. Qualified Institutional Buyers (QIBs) have subscribed 39.81x. Data last updated on 10 Nov, 06:31 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 07 Feb, 2024 and closes on 09 Feb, 2024. The shares are expected to list on stock exchanges on 14 Feb, 2024.
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 - - | 39.81x |
| NII | - of - - | 26.13x |
bHNI — bid amount above ₹10 Lakh |
- - | 28.73 |
sHNI — bid amount ₹2–10 Lakh |
- - | 20.94 |
| Retail | - of - - | 5.7x |
| TOTAL | - - | 19.23x |
Jana Small Finance Bank 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
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 17.5% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 39.81x. 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 | ||
|---|---|---|---|
|
09 Feb 2024
Day 3 |
19.23x | ▼ | |
|
QIB39.81x
BHNI28.73x
SHNI20.94x
Retail5.7x
|
|||
|
08 Feb 2024
Day 2 |
1.82x | ▼ | |
|
QIB0.19x
BHNI2.73x
SHNI3.62x
Retail2.3x
|
|||
|
07 Feb 2024
Day 1 |
0.88x | ▼ | |
|
QIB0.14x
BHNI1.13x
SHNI1.41x
Retail1.2x
|
|||
Jana Small Finance Bank IPO dates
From the bidding window to listing. Today is 11 November.
- Open 07 Feb 2024
- Close 09 Feb 2024
- Allotment 12 Feb 2024
- Refund/credit 13 Feb 2024
- Listing 14 Feb 2024
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 Jana Small Finance Bank IPO?
As of IPO close date (09 Feb, 2024), the Jana Small Finance Bank IPO is subscribed 19.23x times. Retail category is 5.7x, and NII is 26.13x subscribed.
When is the allotment date for Jana Small Finance Bank IPO?
The allotment for Jana Small Finance Bank IPO is expected to be finalized on 12 February, 2024.
What is the GMP of Jana Small Finance Bank?
The Grey Market Premium (GMP) for Jana Small Finance Bank is currently ₹30, indicating a potential listing gain of 7%.
When will Jana Small Finance Bank IPO list on the stock market?
Jana Small Finance Bank is scheduled to list on BSE and NSE on 14 February, 2024.
What are the chances of getting allotment in Jana Small Finance Bank IPO?
The retail category is oversubscribed at 5.7x, 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 39.81x mean for Jana Small Finance Bank IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 39.81x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Jana Small Finance Bank IPO allotment status?
After the allotment date (12 Feb, 2024), you can check your Jana Small Finance Bank 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 Jana Small Finance Bank 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.
