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Qualiance International IPO Subscription Status

Qualiance International IPO was subscribed 426.78 times when bidding closed on 8 Sep 2026: QIB 299.6x, NII 516.56x, Retail 447.13x.

The Qualiance International IPO has been subscribed 426.78x times overall. Retail investors have shown interest with bids for 447.13x the shares available. The Non-Institutional Investor (NII) category has been subscribed 516.56x. Within NII, Big HNI (B-HNI) subscribed 624.53x and Small HNI (S-HNI) subscribed 300.61x. Qualified Institutional Buyers (QIBs) have subscribed 299.6x. Data last updated on 11 Sep, 06:30 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 04 Sep, 2026 and closes on 08 Sep, 2026. The shares are expected to list on stock exchanges on 11 Sep, 2026.

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 11 Sep 2026, 06:30 PM
Category Bid details Times
QIB 20,19,29,000 of 6,74,000 131 applications 299.6x
NII 35,48,74,000 of 6,87,000 56,446 applications 516.56x
bHNI — bid amount above ₹10 Lakh
28,60,34,000 34,730 applications 624.53
sHNI — bid amount ₹2–10 Lakh
6,88,40,000 21,716 applications 300.61
Retail 52,85,08,000 of 11,82,000 2,60,741 applications 447.13x
TOTAL 1,08,53,11,000 3,17,318 applications 426.78x

Qualiance International IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹127.

Applications
3,17,324
Allottees
882
Overall odds
1 out of 360
Amount collected
₹13,700 Cr
Category Apps Got Odds
QIB 120.61x subscribed 137 122 5 out of 6
Ex. Anchor
131 116 4 out of 5
Anchor
6 6 All
NII (HNI) 698.81x subscribed 56,446 169 1 out of 334
bNII >₹10L
34,730 112 1 out of 310
sNII <₹10L
21,716 57 1 out of 381
Retail 441.19x subscribed 2,60,741 591 1 out of 441
TOTAL 319.92x subscribed 3,17,324 882 1 out of 360

Qualiance International IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 221
~0.5% chance per PAN — 2,60,741 applicants for 1,182 allotment slots. Winners get exactly 1 lot (₹1.3 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 190
~0.5% chance — 21,716 applicants for 114 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.5 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 152
~0.7% chance — 34,730 applicants for 229 allotment slots. Lottery allots the minimum NII application of 2 lots (₹2.5 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
299.6x
Proportionate allotment — at 299.6x, institutions receive ~0.3% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

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 448 applicants will be successful.

Market Sentiment

Strong grey market premium of 63.78% suggests exceptional listing gains and high bullish sentiment among traders.

Institutional Backing

Massive institutional interest with QIBs subscribing 299.6x. 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 Sep 2026
Day 3
426.78x ▼
QIB299.6x NII516.56x Retail447.13x
07 Sep 2026
Day 2
83.68x ▼
QIB5.75x NII100.17x Retail118.52x
04 Sep 2026
Day 1
12.51x ▼
QIB4.1x NII10.12x Retail18.68x

Qualiance International SME IPO dates

From the bidding window to listing. Today is 23 October.

Key dates Listed
  1. Open 04 Sep 2026
  2. Close 08 Sep 2026
  3. Allotment 09 Sep 2026
  4. Refund/credit 10 Sep 2026
  5. Listing 11 Sep 2026

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 Qualiance International IPO?

As of IPO close date (08 Sep, 2026), the Qualiance International IPO is subscribed 426.78x times. Retail category is 447.13x, and NII is 516.56x subscribed.

When is the allotment date for Qualiance International IPO?

The allotment for Qualiance International IPO is expected to be finalized on 09 September, 2026.

What is the GMP of Qualiance International?

The Grey Market Premium (GMP) for Qualiance International is currently ₹81, indicating a potential listing gain of 63.78%.

When will Qualiance International IPO list on the stock market?

Qualiance International is scheduled to list on BSE and NSE on 11 September, 2026.

What are the chances of getting allotment in Qualiance International IPO?

The retail category is oversubscribed at 447.13x, meaning allotment is by lottery. Statistically, approximately 1 in 448 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 299.6x mean for Qualiance International IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 299.6x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Qualiance International IPO allotment status?

After the allotment date (09 Sep, 2026), you can check your Qualiance International 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.

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

Total
426.78x
QIB
299.6x
NII
516.56x
Retail
447.13x
Full IPO details