Metalic Technoforge IPO Subscription Status
The Metalic Technoforge IPO has been subscribed 6x times overall. Retail investors have shown interest with bids for 7x the shares available. The Non-Institutional Investor (NII) category has been subscribed 17.42x. Within NII, Big HNI (B-HNI) subscribed 21.32x and Small HNI (S-HNI) subscribed 9.64x. Qualified Institutional Buyers (QIBs) have subscribed 1.84x. Data last updated on 29 Jul, 12:21 PM.
The IPO subscription period has ended. The issue opened on 21 Jul, 2026 and closes on 23 Jul, 2026. The shares are expected to list on stock exchanges on 28 Jul, 2026.
Table of Contents
6,172 applications
Live Bidding
| Category | Offered | Applied | Applications | Bid Details | TIMES |
|---|---|---|---|---|---|
|
Anchor Investors
|
18,40,000 | - | - |
-
of 18,40,000
|
-- |
|
QIB
|
30,72,000 | 56,46,400 | 20 |
56,46,400
of 30,72,000
20 applications
|
1.84x |
|
NII
|
9,28,000 | 1,61,68,000 | 1,428 |
1,61,68,000
of 9,28,000
1,428 applications
|
17.42x |
|
Retail
|
21,60,000 | 1,51,16,800 | 4,724 |
1,51,16,800
of 21,60,000
4,724 applications
|
7x |
| TOTAL | 61,60,000 | 3,69,31,200 | 6,172 |
3,69,31,200
6,172 applications
-
|
6x |
Last Updated: 29 Jul 2026, 12:21 PM
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 14.3% for a single lot.
Day-wise Subscription History
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
23 Jul 2026
DAY 3
|
6x
|
||
|
QIB
1.84x
NII
17.42x
Retail
7x
|
|||
|
22 Jul 2026
DAY 2
|
0.65x
|
||
|
QIB
0.19x
NII
0.98x
Retail
1.15x
|
|||
|
21 Jul 2026
DAY 1
|
-
|
||
|
QIB
-x
NII
-x
Retail
-x
|
|||
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Metalic Technoforge IPO Allotment Probability
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 Metalic Technoforge IPO?
As of IPO close date (23 Jul, 2026), the Metalic Technoforge IPO is subscribed 6x times. Retail category is 7x, and NII is 17.42x subscribed.
When is the allotment date for Metalic Technoforge IPO?
The allotment for Metalic Technoforge IPO is expected to be finalized on 24 July, 2026.
What is the GMP of Metalic Technoforge?
The Grey Market Premium (GMP) for Metalic Technoforge is currently ₹6, indicating a potential listing gain of 7.8%.
When will Metalic Technoforge IPO list on the stock market?
Metalic Technoforge is scheduled to list on BSE and NSE on 28 July, 2026.
What are the chances of getting allotment in Metalic Technoforge IPO?
The retail category is oversubscribed at 7x, meaning allotment is by lottery. Statistically, approximately 1 in 7 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 1.84x mean for Metalic Technoforge IPO?
Moderate — QIBs have subscribed 1.84x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Metalic Technoforge IPO allotment status?
After the allotment date (24 Jul, 2026), you can check your Metalic Technoforge 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 Metalic Technoforge IPO Further
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