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Listed SME

Liqvd Digital India IPO Subscription Status

Liqvd Digital India IPO was subscribed 5.08 times when bidding closed on 25 Sep 2026: QIB 1x, NII 21.02x, Retail 1.43x.

The Liqvd Digital India IPO has been subscribed 5.08x times overall. Retail investors have shown interest with bids for 1.43x the shares available. The Non-Institutional Investor (NII) category has been subscribed 21.02x. Within NII, Big HNI (B-HNI) subscribed 41.45x and Small HNI (S-HNI) subscribed 2.33x. Qualified Institutional Buyers (QIBs) have subscribed 1x. Data last updated on 30 Sep, 06:30 PM.

The IPO subscription period has ended. The issue opened on 23 Sep, 2026 and closes on 25 Sep, 2026. The shares are expected to list on stock exchanges on 30 Sep, 2026.

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. Switch to Detailed for the exchange's own sub-category rows.

Last updated 30 Sep 2026, 06:30 PM
Category Bid details Times
QIB 21,62,000 of 21,62,000 1 applications 1x
NII 3,07,70,000 of 14,64,000 1,565 applications 21.02x
Retail 56,80,000 of 39,68,000 1,377 applications 1.43x
TOTAL 3,86,12,000 2,943 applications 5.08x

Liqvd Digital India IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹54.

Applications
2,943
Allottees
1,115
Overall odds
1 in 2.6
Amount collected
₹202 Cr
Category Apps Got Odds
QIB 1.05x subscribed 1 1 All
NII (HNI) 28.92x subscribed 1,565 170 1 in 9.2
bNII >₹10L
1,442 113 1 in 13
sNII <₹10L
123 57 1 in 2.2
Retail 1.46x subscribed 1,377 944 1 in 1.5
TOTAL 5.46x subscribed 2,943 1,115 1 in 2.6

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 69.9% for a single lot.

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
25 Sep 2026
Day 3
5.08x ▼
QIB1x NII21.02x Retail1.43x
24 Sep 2026
Day 2
1.23x ▼
QIB1x NII4.35x Retail0.2x
23 Sep 2026
Day 1
1.03x ▼
QIB1x NII3.77x Retail0.04x

Liqvd Digital India SME IPO dates

From the bidding window to listing. Today is 13 October.

Key dates Listed
  1. Open 23 Sep 2026
  2. Close 25 Sep 2026
  3. Allotment 28 Sep 2026
  4. Refund/credit 29 Sep 2026
  5. Listing 30 Sep 2026

Liqvd Digital India IPO allotment probability

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

Retail (up to ₹2 L)
1 in 2
~69.9% chance per PAN — based on 1.43x subscription. Winners get exactly 1 lot (₹1.1 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 2
~73.2% chance — 123 applicants for 90 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 41
~2.5% chance — 1,442 applicants for 36 allotment slots. Lottery allots the minimum B-HNI application of 10 lots (₹10.8 L) per winner; the rest is proportionate.
QIB (institutions)
1x
Proportionate allotment — at 1x, institutions receive ~100% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

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:

  • 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 market hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Liqvd Digital India IPO?

As of IPO close date (25 Sep, 2026), the Liqvd Digital India IPO is subscribed 5.08x times. Retail category is 1.43x, and NII is 21.02x subscribed.

When is the allotment date for Liqvd Digital India IPO?

The allotment for Liqvd Digital India IPO is expected to be finalized on 28 September, 2026.

When will Liqvd Digital India IPO list on the stock market?

Liqvd Digital India is scheduled to list on BSE and NSE on 30 September, 2026.

What are the chances of getting allotment in Liqvd Digital India IPO?

The retail category is oversubscribed at 1.43x, 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.

What does QIB subscription of 1x mean for Liqvd Digital India IPO?

Moderate — QIBs have subscribed 1x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Liqvd Digital India IPO allotment status?

After the allotment date (28 Sep, 2026), you can check your Liqvd Digital 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.

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

Total
5.08x
QIB
1x
NII
21.02x
Retail
1.43x
Full IPO details