Nova AgriTech IPO Subscription Status
Nova AgriTech IPO was subscribed 113.21 times when bidding closed on 25 Jan 2024: QIB 81.13x, NII 233.03x, Retail 80.2x.
The Nova AgriTech IPO has been subscribed 113.21x times overall. Retail investors have shown interest with bids for 80.2x the shares available. The Non-Institutional Investor (NII) category has been subscribed 233.03x. Within NII, Big HNI (B-HNI) subscribed 231.4x and Small HNI (S-HNI) subscribed 236.27x. Qualified Institutional Buyers (QIBs) have subscribed 81.13x. Data last updated on 10 Nov, 06:27 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 23 Jan, 2024 and closes on 25 Jan, 2024. The shares are expected to list on stock exchanges on 31 Jan, 2024.
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 - - | 81.13x |
| NII | - of - - | 233.03x |
bHNI — bid amount above ₹10 Lakh |
- - | 231.4 |
sHNI — bid amount ₹2–10 Lakh |
- - | 236.27 |
| Retail | - of - - | 80.2x |
| TOTAL | - - | 113.21x |
Nova AgriTech 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
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 81 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 81.13x. 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 | ||
|---|---|---|---|
|
25 Jan 2024
Day 3 |
113.21x | ▼ | |
|
QIB81.13x
BHNI231.4x
SHNI236.27x
Retail80.2x
|
|||
|
24 Jan 2024
Day 2 |
35.27x | ▼ | |
|
QIB1.14x
BHNI-
SHNI-
Retail38.09x
|
|||
|
23 Jan 2024
Day 1 |
10.24x | ▼ | |
|
QIB0.63x
BHNI-
SHNI-
Retail13.55x
|
|||
Nova AgriTech IPO dates
From the bidding window to listing. Today is 11 November.
- Open 23 Jan 2024
- Close 25 Jan 2024
- Allotment 29 Jan 2024
- Refund/credit 30 Jan 2024
- Listing 31 Jan 2024
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 Nova AgriTech IPO?
As of IPO close date (25 Jan, 2024), the Nova AgriTech IPO is subscribed 113.21x times. Retail category is 80.2x, and NII is 233.03x subscribed.
When is the allotment date for Nova AgriTech IPO?
The allotment for Nova AgriTech IPO is expected to be finalized on 29 January, 2024.
What is the GMP of Nova AgriTech?
The Grey Market Premium (GMP) for Nova AgriTech is currently ₹20, indicating a potential listing gain of 49%.
When will Nova AgriTech IPO list on the stock market?
Nova AgriTech is scheduled to list on BSE and NSE on 31 January, 2024.
What are the chances of getting allotment in Nova AgriTech IPO?
The retail category is oversubscribed at 80.2x, meaning allotment is by lottery. Statistically, approximately 1 in 81 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 81.13x mean for Nova AgriTech IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 81.13x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Nova AgriTech IPO allotment status?
After the allotment date (29 Jan, 2024), you can check your Nova AgriTech 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 Nova AgriTech 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.
