Nitesh Estates IPO Subscription Status
Nitesh Estates IPO was subscribed 1.16 times when bidding closed on 27 Apr 2010: QIB 2.54x, NII 0.22x, Retail 0.16x.
The Nitesh Estates IPO has been subscribed 1.16x times overall. Retail investors have shown interest with bids for 0.16x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.22x. Qualified Institutional Buyers (QIBs) have subscribed 2.54x. Data last updated on 12 Nov, 03:09 PM.
The IPO subscription period has ended. The issue opened on 23 Apr, 2010 and closes on 27 Apr, 2010. The shares are expected to list on stock exchanges on 13 May, 2010.
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 - - | 2.54x |
| NII | - of - - | 0.22x |
| Retail | - of - - | 0.16x |
| TOTAL | - - | 1.16x |
Nitesh Estates 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
Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.
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 | ||
|---|---|---|---|
|
27 Apr 2010
Day 1 |
1.16x | ▼ | |
|
QIB2.54x
BHNI-
SHNI-
Retail0.16x
|
|||
Nitesh Estates IPO dates
From the bidding window to listing. Today is 15 November.
- Open 23 Apr 2010
- Close 27 Apr 2010
- Allotment 10 May 2010
- Refund/credit TBA
- Listing 13 May 2010
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | HSBC BANK (MAURITIUS) LIMITED | HSBC | ₹19.53 Cr | 33.33% | |
| 2 | NOMURA INDIA INVESTMENT FUND MOTHER FUND | NOMURA | ₹19.53 Cr | 33.33% | |
| 3 | HDFCMF- MONTHLY INCOME PLAN LONG TERM PLAN | HDFC MUTUAL FUND | ₹9.76 Cr | 16.67% | |
| 4 | SBIMF-TAX ADVANTAGE FUND SERIES 1 | SBI MUTUAL FUND | ₹4.88 Cr | 8.33% | |
| 5 | SBIMF-MAGNUM MULTICAP FUND | SBI MUTUAL FUND | ₹4.88 Cr | 8.33% | |
| TOTAL | ₹58.58 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 Nitesh Estates IPO?
As of IPO close date (27 Apr, 2010), the Nitesh Estates IPO is subscribed 1.16x times. Retail category is 0.16x, and NII is 0.22x subscribed.
When is the allotment date for Nitesh Estates IPO?
The allotment for Nitesh Estates IPO is expected to be finalized on 10 May, 2010.
When will Nitesh Estates IPO list on the stock market?
Nitesh Estates is scheduled to list on BSE and NSE on 13 May, 2010.
What are the chances of getting allotment in Nitesh Estates IPO?
The retail category is currently undersubscribed at 0.16x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.
What does QIB subscription of 2.54x mean for Nitesh Estates IPO?
Moderate — QIBs have subscribed 2.54x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Nitesh Estates IPO allotment status?
After the allotment date (10 May, 2010), you can check your Nitesh Estates 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 Nitesh Estates 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.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
