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Nandan Exim IPO Subscription Status

Nandan Exim IPO was subscribed 31 times when bidding closed on 20 May 2005: NII 39.67x, Retail 22.32x.

The Nandan Exim IPO has been subscribed 31x times overall. Retail investors have shown interest with bids for 22.32x the shares available. The Non-Institutional Investor (NII) category has been subscribed 39.67x. Data last updated on 12 Nov, 08:13 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 12 May, 2005 and closes on 20 May, 2005. The shares are expected to list on stock exchanges on 13 Jun, 2005.

Abhishek Vohera, Founder of IPO Guru 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.

Last updated 12 Nov 2026, 08:13 PM
Category Bid details Times
NII - of - - 39.67x
Retail - of - - 22.32x
TOTAL - - 31x
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Nandan Exim IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 22
~4.5% chance per PAN — based on 22.32x subscription. Winners get exactly 1 lot (₹5,000) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 40
~2.5% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
TBA
Often moves on final day

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

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 23 applicants will be successful.

QIB Watch

Institutional buyers are currently waiting. Historically, big funds (QIBs) tend to flood in during the final hours of the subscription period.

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
20 May 2005
Day 1
31x ▼
QIB- BHNI- SHNI- Retail22.32x

Nandan Exim IPO dates

From the bidding window to listing. Today is 12 November.

Key dates Listed
  1. Open 12 May 2005
  2. Close 20 May 2005
  3. Allotment TBA
  4. Refund/credit TBA
  5. Listing 13 Jun 2005

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 Nandan Exim IPO?

As of IPO close date (20 May, 2005), the Nandan Exim IPO is subscribed 31x times. Retail category is 22.32x, and NII is 39.67x subscribed.

When will Nandan Exim IPO list on the stock market?

Nandan Exim is scheduled to list on BSE and NSE on 13 June, 2005.

What are the chances of getting allotment in Nandan Exim IPO?

The retail category is oversubscribed at 22.32x, meaning allotment is by lottery. Statistically, approximately 1 in 23 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

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Track every stage of this IPO, from subscription to listing.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
31x
QIB
–
NII
39.67x
Retail
22.32x
Full IPO details
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