Metalic Technoforge IPO Subscription Status
Metalic Technoforge IPO was subscribed 6 times when bidding closed on 23 Jul 2026: QIB 1.84x, NII 17.42x, Retail 7x.
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 03 Sep, 02:49 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.
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 |
|---|---|---|
| Anchor Investors | - of 18,40,000 | -- |
| QIB | 56,46,400 of 30,72,000 20 applications | 1.84x |
| NII | 1,61,68,000 of 9,28,000 1,428 applications | 17.42x |
bHNI — bid amount above ₹10 Lakh |
1,31,87,200 | 21.32 |
sHNI — bid amount ₹2–10 Lakh |
29,80,800 | 9.64 |
| Retail | 1,51,16,800 of 21,60,000 4,724 applications | 7x |
| TOTAL | 3,69,31,200 6,172 applications | 6x |
Metalic Technoforge 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 14.3% 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 | ||
|---|---|---|---|
|
23 Jul 2026
Day 3 |
6x | ▼ | |
|
QIB1.84x
NII17.42x
Retail7x
|
|||
|
22 Jul 2026
Day 2 |
0.65x | ▼ | |
|
QIB0.19x
NII0.98x
Retail1.15x
|
|||
|
21 Jul 2026
Day 1 |
- | ▼ | |
|
QIB-
NII-
Retail-
|
|||
Metalic Technoforge SME IPO dates
From the bidding window to listing. Today is 25 October.
- Open 21 Jul 2026
- Close 23 Jul 2026
- Allotment 24 Jul 2026
- Refund/credit TBA
- Listing 28 Jul 2026
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 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 SME 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.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
