Kanishk Aluminium IPO Subscription Status

Canara HSBC Life Insurance Co IPO Discussion

IPO Guru Community · 2026-02-07T13:20:49+05:30

Canara HSBC Life Insurance Co IPO opened from 10 Oct to 14 Oct 2025 and listed on 17 Oct 2025 at ₹106 — a gain of +0% over the issue price of ₹106.

The Kanishk Aluminium IPO has been subscribed 1.1x times overall. Retail investors have shown interest with bids for 1.86x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.33x. Data last updated on 09 Apr, 05:40 PM.

The IPO subscription period has ended. The issue opened on 28 Jan, 2026 and closes on 30 Jan, 2026. The shares are expected to list on stock exchanges on 04 Feb, 2026.

Full Details Check GMP

Live Subscription Data
Day-wise Subscription History
Allotment Probability
What Does This Subscription Data Mean?
Frequently Asked Questions

Total Subscription

1.10 x

NII 0.33x

Retail 1.86x

Live Bidding

Category	Offered	Applied	Bid Details	TIMES
QIB	2,00,000	-	- of 2,00,000	-x
NII	18,99,200	-	- of 18,99,200	0.33x
Retail	19,00,800	-	- of 19,00,800	1.86x
TOTAL	38,00,000	-	- -	1.10x

Last Updated: 09 Apr 2026, 05:40 PM

Subscription Insights

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 53.8% for a single lot.

Day-wise Subscription History

Subscription trends over the last 3 days

Date	Total	QIB	NII	Retail
30 Jan 2026 DAY 3	1.04x	0.00x	0.23x	1.86x
QIB 0.00x NII 0.23x Retail 1.86x
29 Jan 2026 DAY 2	0.50x	0.00x	0.03x	0.97x
QIB 0.00x NII 0.03x Retail 0.97x
28 Jan 2026 DAY 1	0.17x	0.00x	0.12x	0.22x
QIB 0.00x NII 0.12x Retail 0.22x

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Kanishk Aluminium IPO Allotment Probability

Retail

1 in 2

Lottery — ~53.8% chance per application

NII / HNI

High

Undersubscribed

QIB

TBA

Often moves on final day

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 Kanishk Aluminium IPO?

As of IPO close date (30 Jan, 2026), the Kanishk Aluminium IPO is subscribed 1.10x times. Retail category is 1.86x, and NII is 0.33x subscribed.

When is the allotment date for Kanishk Aluminium IPO?

The allotment for Kanishk Aluminium IPO is expected to be finalized on 02 February, 2026.

What is the GMP of Kanishk Aluminium?

The Grey Market Premium (GMP) for Kanishk Aluminium is currently ₹4, indicating a potential listing gain of 5%.

When will Kanishk Aluminium IPO list on the stock market?

Kanishk Aluminium is scheduled to list on BSE and NSE on 04 February, 2026.

What are the chances of getting allotment in Kanishk Aluminium IPO?

The retail category is oversubscribed at 1.86x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

How to check Kanishk Aluminium IPO allotment status?

After the allotment date (02 Feb, 2026), you can check your Kanishk Aluminium 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.