Msafe Equipments IPO Subscription Status
The Msafe Equipments IPO has been subscribed 153.98x times overall. Retail investors have shown interest with bids for 133.16x the shares available. The Non-Institutional Investor (NII) category has been subscribed 222.82x. Qualified Institutional Buyers (QIBs) have subscribed 117.97x. Data last updated on 09 Apr, 05:41 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 Jan, 2026 and closes on 30 Jan, 2026. The shares are expected to list on stock exchanges on 04 Feb, 2026.
Table of Contents
Live Bidding
| Category | Offered | Applied | Bid Details | TIMES |
|---|---|---|---|---|
|
QIB
|
10,17,000 | 11,99,79,000 |
11,99,79,000
of 10,17,000
|
117.97x |
|
NII
|
10,72,000 | 23,88,68,000 |
23,88,68,000
of 10,72,000
|
222.82x |
|
Retail
|
17,86,000 | 23,78,18,000 |
23,78,18,000
of 17,86,000
|
133.16x |
| TOTAL | 38,75,000 | 59,66,65,000 |
59,66,65,000
-
|
153.98x |
Last Updated: 09 Apr 2026, 05:41 PM
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 134 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 117.97x. This often signals long-term confidence from professional funds.
Day-wise Subscription History
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
30 Jan 2026
DAY 3
|
153.98x
|
||
|
QIB
117.97x
NII
222.82x
Retail
133.16x
|
|||
|
29 Jan 2026
DAY 2
|
12.60x
|
||
|
QIB
0.81x
NII
19.52x
Retail
15.15x
|
|||
|
28 Jan 2026
DAY 1
|
2.17x
|
||
|
QIB
0.80x
NII
2.50x
Retail
2.75x
|
|||
IPO Guru on Android
Get live GMP alerts, subscription updates, and allotment status directly on your phone. Fast, Free, and Secure.
Msafe Equipments IPO Allotment Probability
Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change 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 Msafe Equipments IPO?
As of IPO close date (30 Jan, 2026), the Msafe Equipments IPO is subscribed 153.98x times. Retail category is 133.16x, and NII is 222.82x subscribed.
When is the allotment date for Msafe Equipments IPO?
The allotment for Msafe Equipments IPO is expected to be finalized on 02 February, 2026.
What is the GMP of Msafe Equipments?
The Grey Market Premium (GMP) for Msafe Equipments is currently ₹21, indicating a potential listing gain of 17%.
When will Msafe Equipments IPO list on the stock market?
Msafe Equipments is scheduled to list on BSE and NSE on 04 February, 2026.
What are the chances of getting allotment in Msafe Equipments IPO?
The retail category is oversubscribed at 133.16x, meaning allotment is by lottery. Statistically, approximately 1 in 134 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 117.97x mean for Msafe Equipments IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 117.97x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Msafe Equipments IPO allotment status?
After the allotment date (02 Feb, 2026), you can check your Msafe Equipments 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 Msafe Equipments IPO Further
Track every stage of this IPO from subscription to listing:
Discussion 0
No comments yet
Be the first to share your thoughts!