Kernex Microsystems (India) IPO Subscription Status
Kernex Microsystems (India) IPO was subscribed 22.95 times when bidding closed on 3 Dec 2005: QIB 13.16x, NII 73.62x, Retail 15.24x.
The Kernex Microsystems (India) IPO has been subscribed 22.95x times overall. Retail investors have shown interest with bids for 15.24x the shares available. The Non-Institutional Investor (NII) category has been subscribed 73.62x. Qualified Institutional Buyers (QIBs) have subscribed 13.16x. Data last updated on 12 Nov, 08:14 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 28 Nov, 2005 and closes on 03 Dec, 2005. The shares are expected to list on stock exchanges on 20 Dec, 2005.
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 - - | 13.16x |
| NII | - of - - | 73.62x |
| Retail | - of - - | 15.24x |
| TOTAL | - - | 22.95x |
Kernex Microsystems (India) 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 6.6% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 13.16x. This often signals long-term confidence from professional funds.
Day-wise subscription history
Day-wise figures appear here from the first day of bidding.
Kernex Microsystems (India) IPO dates
From the bidding window to listing. Today is 12 November.
- Open 28 Nov 2005
- Close 03 Dec 2005
- Allotment TBA
- Refund/credit TBA
- Listing 20 Dec 2005
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 Kernex Microsystems (India) IPO?
As of IPO close date (03 Dec, 2005), the Kernex Microsystems (India) IPO is subscribed 22.95x times. Retail category is 15.24x, and NII is 73.62x subscribed.
When will Kernex Microsystems (India) IPO list on the stock market?
Kernex Microsystems (India) is scheduled to list on BSE and NSE on 20 December, 2005.
What are the chances of getting allotment in Kernex Microsystems (India) IPO?
The retail category is oversubscribed at 15.24x, meaning allotment is by lottery. Statistically, approximately 1 in 16 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 13.16x mean for Kernex Microsystems (India) IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 13.16x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
Explore Kernex Microsystems (India) IPO further
Track every stage of this IPO, from subscription to listing.
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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.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
