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Mandhana Industries IPO Subscription Status

Mandhana Industries IPO was subscribed 6.32 times when bidding closed on 29 Apr 2010: QIB 7.97x, NII 10.52x, Retail 2.81x.

The Mandhana Industries IPO has been subscribed 6.32x times overall. Retail investors have shown interest with bids for 2.81x the shares available. The Non-Institutional Investor (NII) category has been subscribed 10.52x. Qualified Institutional Buyers (QIBs) have subscribed 7.97x. Data last updated on 12 Nov, 03:09 PM.

The IPO subscription period has ended. The issue opened on 27 Apr, 2010 and closes on 29 Apr, 2010. The shares are expected to list on stock exchanges on 19 May, 2010.

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 12 Nov 2026, 03:09 PM
Category Bid details Times
QIB - of - - 7.97x
NII - of - - 10.52x
Retail - of - - 2.81x
TOTAL - - 6.32x
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Mandhana Industries IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 3
~35.6% chance per PAN — based on 2.81x subscription. Winners get exactly 1 lot (₹6,500) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 10
~9.5% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
7.97x
Proportionate allotment — at 7.97x, institutions receive ~12.5% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

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 35.6% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 7.97x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 1-day bidding window. On phones, tap a day for the category split.

Date Total
29 Apr 2010
Day 1
6.32x ▼
QIB7.97x BHNI- SHNI- Retail2.81x

Mandhana Industries IPO dates

From the bidding window to listing. Today is 12 November.

Key dates Listed
  1. Open 27 Apr 2010
  2. Close 29 Apr 2010
  3. Allotment 11 May 2010
  4. Refund/credit TBA
  5. Listing 19 May 2010

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 Mandhana Industries IPO?

As of IPO close date (29 Apr, 2010), the Mandhana Industries IPO is subscribed 6.32x times. Retail category is 2.81x, and NII is 10.52x subscribed.

When is the allotment date for Mandhana Industries IPO?

The allotment for Mandhana Industries IPO is expected to be finalized on 11 May, 2010.

When will Mandhana Industries IPO list on the stock market?

Mandhana Industries is scheduled to list on BSE and NSE on 19 May, 2010.

What are the chances of getting allotment in Mandhana Industries IPO?

The retail category is oversubscribed at 2.81x, meaning allotment is by lottery. Statistically, approximately 1 in 3 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 7.97x mean for Mandhana Industries IPO?

Moderate — QIBs have subscribed 7.97x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Mandhana Industries IPO allotment status?

After the allotment date (11 May, 2010), you can check your Mandhana Industries 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
6.32x
QIB
7.97x
NII
10.52x
Retail
2.81x
Full IPO details
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