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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. Within NII, Big HNI (B-HNI) subscribed 0.26x and Small HNI (S-HNI) subscribed 0.48x. Data last updated on 13 Aug, 10:45 AM.

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

1.1 x

1,167 applications

NII 0.33x

Retail 1.86x

Live Bidding

Category	Offered	Applied	Applications	Bid Details	TIMES
NII	18,99,200	6,28,800	63	6,28,800 of 18,99,200 63 applications	0.33x
2.1 Big NII — bid amount above ₹10 Lakh	12,66,133	3,26,400	9	3,26,400 9 applications	0.26
2.1(a) Corporates	0	2,00,000	1	2,00,000 1 applications
2.1(b) Individuals (other than RIIs)	0	1,26,400	8	1,26,400 8 applications
2.1(c) Others	0	0	-	0
2.2 Small NII — bid amount ₹2–10 Lakh	6,33,067	3,02,400	54	3,02,400 54 applications	0.48
2.2(a) Corporates	0	0	-	0
2.2(b) Individuals (other than RIIs)	0	3,02,400	54	3,02,400 54 applications
2.2(c) Others	0	0	-	0
Retail	19,00,800	35,32,800	1,104	35,32,800 of 19,00,800 1,104 applications	1.86x
TOTAL	38,00,000	41,61,600	1,167	41,61,600 1,167 applications -	1.1x

Last Updated: 13 Aug 2026, 10:45 AM

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 (up to ₹2 L)

1 in 2

~53.8% chance per PAN — based on 1.86x subscription. Winners get exactly 1 lot (₹1.2 L) by SEBI lottery, however many lots you bid.

Small HNI (₹2–10 L)

Full allotment

0.48x — undersubscribed. Valid S-HNI bids should be allotted in full.

Big HNI (above ₹10 L)

Full allotment

0.26x — undersubscribed. Valid B-HNI bids should be allotted in full.

QIB (institutions)

TBA

Often moves on final day

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move 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 1.1x 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.