MT Educare IPO Subscription Status
MT Educare IPO was subscribed 4.96 times when bidding closed on 29 Mar 2012: QIB 6.25x, NII 8.23x, Retail 2.23x.
The MT Educare IPO has been subscribed 4.96x times overall. Retail investors have shown interest with bids for 2.23x the shares available. The Non-Institutional Investor (NII) category has been subscribed 8.23x. Qualified Institutional Buyers (QIBs) have subscribed 6.25x. Data last updated on 12 Nov, 03:10 PM.
The IPO subscription period has ended. The issue opened on 27 Mar, 2012 and closes on 29 Mar, 2012. The shares are expected to list on stock exchanges on 12 Apr, 2012.
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 |
|---|---|---|
| QIB | - of - - | 6.25x |
| NII | - of - - | 8.23x |
| Retail | - of - - | 2.23x |
| TOTAL | - - | 4.96x |
MT Educare 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 44.8% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 6.25x. 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 Mar 2012
Day 1 |
4.96x | ▼ | |
|
QIB6.25x
BHNI-
SHNI-
Retail2.23x
|
|||
MT Educare IPO dates
From the bidding window to listing. Today is 15 November.
- Open 27 Mar 2012
- Close 29 Mar 2012
- Allotment 09 Apr 2012
- Refund/credit TBA
- Listing 12 Apr 2012
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | THE NOMURA TRUST AND BANKING CO LTD. AS THE TRUSTEE OF NOMURA INDIA STOCK MOTHER FUND | NOMURA | ₹7.86 Cr | 61.12% | |
| 2 | BIRLA SUN LIFE TRUSTEE COMPANY PVT LTD A/C BIRLA SUN LIFE 95 FUND | ADITYA BIRLA SUN LIFE MUTUAL FUND | ₹2.00 Cr | 15.55% | |
| 3 | BIRLA SUN LIFE TRUSTEE COMPANY PVT. LIMITED A/C BIRLA SUN LIFE SMALL & MIDCAP FUND | ADITYA BIRLA SUN LIFE MUTUAL FUND | ₹1.20 Cr | 9.33% | |
| 4 | BIRLA SUN LIFE TRUSTEE COMPANY PRIVATE LIMITED A/C BIRLA SUN LIFE INDIA GENNEXT FUND | ADITYA BIRLA SUN LIFE MUTUAL FUND | ₹1.00 Cr | 7.77% | |
| 5 | BIRLA SUN LIFE TRUSTEE COMPANY PRIVATE LIMITED A/C BIRLA SUN LIFE MIP II - WEALTH 25 PLAN | ADITYA BIRLA SUN LIFE MUTUAL FUND | ₹0.55 Cr | 4.28% | |
| 6 | BIRLA SUN LIFE TRUSTEE COMPANY PRIVATE LIMITED A/C BIRLA SUN LIFE MIP | ADITYA BIRLA SUN LIFE MUTUAL FUND | ₹0.25 Cr | 1.94% | |
| TOTAL | ₹12.86 Cr | 99.99% |
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 MT Educare IPO?
As of IPO close date (29 Mar, 2012), the MT Educare IPO is subscribed 4.96x times. Retail category is 2.23x, and NII is 8.23x subscribed.
When is the allotment date for MT Educare IPO?
The allotment for MT Educare IPO is expected to be finalized on 09 April, 2012.
When will MT Educare IPO list on the stock market?
MT Educare is scheduled to list on BSE and NSE on 12 April, 2012.
What are the chances of getting allotment in MT Educare IPO?
The retail category is oversubscribed at 2.23x, 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 6.25x mean for MT Educare IPO?
Moderate — QIBs have subscribed 6.25x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check MT Educare IPO allotment status?
After the allotment date (09 Apr, 2012), you can check your MT Educare 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 MT Educare IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
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.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
