IPO Guru
Bajaj
Listed Mainboard

Kaynes Technology India IPO Subscription Status

Kaynes Technology India IPO was subscribed 34.94 times when bidding closed on 14 Nov 2022: QIB 98.68x, NII 21.86x, Retail 4.23x.

The Kaynes Technology India IPO has been subscribed 34.94x times overall. Retail investors have shown interest with bids for 4.23x the shares available. The Non-Institutional Investor (NII) category has been subscribed 21.86x. Within NII, Big HNI (B-HNI) subscribed 23.79x and Small HNI (S-HNI) subscribed 18.01x. Qualified Institutional Buyers (QIBs) have subscribed 98.68x. Data last updated on 10 Nov, 11:41 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 10 Nov, 2022 and closes on 14 Nov, 2022. The shares are expected to list on stock exchanges on 22 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 - - 98.68x
NII - of - - 21.86x
bHNI — bid amount above ₹10 Lakh
- - 23.79
sHNI — bid amount ₹2–10 Lakh
- - 18.01
Retail - of - - 4.23x
Employee - of - - 12.52x
TOTAL - - 34.94x
Advertisement

Kaynes Technology India IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 4
~23.6% chance per PAN — based on 4.23x subscription. Winners get exactly 1 lot (₹14,675) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 17
~5.6% chance — based on 18.01x 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 24
~4.2% chance — based on 23.79x 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)
98.68x
Proportionate allotment — at 98.68x, institutions receive ~1% 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 23.6% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 98.68x. 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
14 Nov 2022
Day 3
34.94x ▼
QIB98.68x BHNI23.79x SHNI18.01x Retail4.23x Employee12.52x
11 Nov 2022
Day 2
1.1x ▼
QIB2.45x BHNI0.72x SHNI0.87x Retail0.47x Employee3.22x
10 Nov 2022
Day 1
0.23x ▼
QIB0.52x BHNI0.08x SHNI0.13x Retail0.12x Employee2.04x

Kaynes Technology India IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 10 Nov 2022
  2. Close 14 Nov 2022
  3. Allotment 17 Nov 2022
  4. Refund/credit 18 Nov 2022
  5. Listing 22 Nov 2022

Anchor investor allocation

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

Anchor Investor Amt (₹ cr.) % Allocated
VOLRADO VENTURE PARTNERS FUND - III - VOLRADO VENTURE PARTNERS FUND III - BETA ₹30.00 Cr 11.68%
THE NOMURA TRUST AND BANKING CO., LTD AS THE TRUSTEE OF NOMURA INDIA STOCK MOTHER FUND ₹14.00 Cr 5.45%
PUBLIC SECTOR PENSION INVESTMENT BOARD - IIFL ASSET MANAGEMENT LIMITED ₹14.00 Cr 5.45%
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO ₹14.00 Cr 5.45%
ICICI PRUDENTIAL MULTICAP FUND ₹14.00 Cr 5.45%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON POWER & INFRA FUND ₹14.00 Cr 5.45%
AXIS MUTUAL FUND TRUSTEE LTD. A/C AXIS MUTUAL FUND A/C AXIS BALANCED ADVANTAGE FUND ₹14.00 Cr 5.45%
EASTSPRING INVESTMENTS INDIA CONSUMER EQUITY OPEN LIMITED ₹14.00 Cr 5.45%
HDFC TRUSTEE CO. LTD. A/C HDFC DIVIDEND YIELD FUND ₹14.00 Cr 5.45%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE MULTI-CAP FUND ₹14.00 Cr 5.45%
MALABAR INDIA FUND LIMITED ₹14.00 Cr 5.45%
ASHOKA INDIA OPPORTUNITIES FUND ₹9.00 Cr 3.50%
WHITEOAK CAPITAL FLEXI CAP FUND ₹8.03 Cr 3.12%
GOVERNMENT PENSION FUND GLOBAL ₹6.54 Cr 2.54%
MIRAE ASSET BALANCED ADVANTAGE FUND ₹6.54 Cr 2.54%
ABAKKUS EMERGING OPPORTUNITIES FUND-1 ₹6.54 Cr 2.54%
ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED ₹6.54 Cr 2.54%
CARMIGNAC PORTFOLIO ₹6.54 Cr 2.54%
THELEME INDIA MASTER FUND LIMITED ₹6.54 Cr 2.54%
COHESION MK BEST IDEAS SUB-TRUST ₹6.54 Cr 2.54%
WHITEOAK CAPITAL MID CAP FUND ₹5.86 Cr 2.28%
FRANKLIN INDIA SMALLER COMPANIES FUND ₹5.14 Cr 2.00%
INDIA ACORN ICAV ASHOKA INDIA ESG FUND ₹5.00 Cr 1.95%
TATA MULTI ASSET OPPORTUNITIES FUND ₹3.51 Cr 1.37%
TATA DIVIDEND YIELD FUND ₹3.03 Cr 1.18%
FRANKLIN BUILD INDIA FUND ₹0.93 Cr 0.36%
FRANKLIN INDIA OPPORTUNITIES FUND ₹0.47 Cr 0.18%
WHITEOAK CAPITAL TAX SAVER FUND ₹0.17 Cr 0.06%
TOTAL ₹256.92 Cr 99.96%
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 Kaynes Technology India IPO?

As of IPO close date (14 Nov, 2022), the Kaynes Technology India IPO is subscribed 34.94x times. Retail category is 4.23x, and NII is 21.86x subscribed.

When is the allotment date for Kaynes Technology India IPO?

The allotment for Kaynes Technology India IPO is expected to be finalized on 17 November, 2022.

What is the GMP of Kaynes Technology India?

The Grey Market Premium (GMP) for Kaynes Technology India is currently ₹180, indicating a potential listing gain of 31%.

When will Kaynes Technology India IPO list on the stock market?

Kaynes Technology India is scheduled to list on BSE and NSE on 22 November, 2022.

What are the chances of getting allotment in Kaynes Technology India IPO?

The retail category is oversubscribed at 4.23x, meaning allotment is by lottery. Statistically, approximately 1 in 5 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 98.68x mean for Kaynes Technology India IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 98.68x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Kaynes Technology India IPO allotment status?

After the allotment date (17 Nov, 2022), you can check your Kaynes Technology India 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 Kaynes Technology India IPO further

Track every stage of this IPO, from subscription to listing.

IPO Guru App
IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

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

Total
34.94x
QIB
98.68x
NII
21.86x
bHNI
23.79x
sHNI
18.01x
Retail
4.23x
Full IPO details
Advertisement