Music Broadcast IPO Subscription Status
Music Broadcast IPO was subscribed 40.49 times when bidding closed on 8 Mar 2017: QIB 40.38x, NII 111.61x, Retail 10.07x.
The Music Broadcast IPO has been subscribed 40.49x times overall. Retail investors have shown interest with bids for 10.07x the shares available. The Non-Institutional Investor (NII) category has been subscribed 111.61x. Qualified Institutional Buyers (QIBs) have subscribed 40.38x. Data last updated on 12 Nov, 03:11 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 06 Mar, 2017 and closes on 08 Mar, 2017. The shares are expected to list on stock exchanges on 17 Mar, 2017.
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 - - | 40.38x |
| NII | - of - - | 111.61x |
| Retail | - of - - | 10.07x |
| TOTAL | - - | 40.49x |
Music Broadcast 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 9.9% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 40.38x. This often signals long-term confidence from professional funds.
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 | ||
|---|---|---|---|
|
08 Mar 2017
Day 3 |
40.49x | ▼ | |
|
QIB40.38x
BHNI-
SHNI-
Retail10.07x
|
|||
|
07 Mar 2017
Day 2 |
2.2x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail-
|
|||
|
06 Mar 2017
Day 1 |
0.51x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail-
|
|||
Music Broadcast IPO dates
From the bidding window to listing. Today is 14 November.
- Open 06 Mar 2017
- Close 08 Mar 2017
- Allotment 14 Mar 2017
- Refund/credit 15 Mar 2017
- Listing 17 Mar 2017
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
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 Music Broadcast IPO?
As of IPO close date (08 Mar, 2017), the Music Broadcast IPO is subscribed 40.49x times. Retail category is 10.07x, and NII is 111.61x subscribed.
When is the allotment date for Music Broadcast IPO?
The allotment for Music Broadcast IPO is expected to be finalized on 14 March, 2017.
What is the GMP of Music Broadcast?
The Grey Market Premium (GMP) for Music Broadcast is currently ₹112.5, indicating a potential listing gain of 34%.
When will Music Broadcast IPO list on the stock market?
Music Broadcast is scheduled to list on BSE and NSE on 17 March, 2017.
What are the chances of getting allotment in Music Broadcast IPO?
The retail category is oversubscribed at 10.07x, meaning allotment is by lottery. Statistically, approximately 1 in 11 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 40.38x mean for Music Broadcast IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 40.38x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Music Broadcast IPO allotment status?
After the allotment date (14 Mar, 2017), you can check your Music Broadcast 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 Music Broadcast 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.
