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Qualiance International IPO Subscription Status

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.

Total Subscription
426.78 x

3,17,318 applications

QIB 299.6x
NII 516.56x
Retail 447.13x

Live Bidding

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
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

Last Updated: 11 Sep 2026, 06:30 PM

Qualiance International IPO Basis of Allotment

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

FINAL
Applications
3,17,324
Allottees
882
Overall Odds
1 in 360
Amount Collected
₹13,700 Cr
Category Apps Got Odds
QIB
120.61x subscribed
137 122 1 in 1.1
Ex. Anchor
131 116 1 in 1.1
Anchor
6 6 All
NII (HNI)
698.81x subscribed
56,446 169 1 in 334
bNII >₹10L
34,730 112 1 in 310
sNII <₹10L
21,716 57 1 in 381
Retail
441.19x subscribed
2,60,741 591 1 in 441
TOTAL
319.92x subscribed
3,17,324 882 1 in 360
Subscription Insights

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

Subscription trends over the last 3 days

Date Total
08 Sep 2026 DAY 3
426.78x
QIB 299.6x
NII 516.56x
Retail 447.13x
07 Sep 2026 DAY 2
83.68x
QIB 5.75x
NII 100.17x
Retail 118.52x
04 Sep 2026 DAY 1
12.51x
QIB 4.1x
NII 10.12x
Retail 18.68x
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Qualiance International IPO Allotment Probability

Retail (up to ₹2 L)
1 in 221
~0.5% chance per PAN — 260,741 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 in 191
~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 in 610
~0.2% chance — 34,730 applicants for 57 allotment slots. Lottery allots the minimum B-HNI application of 8 lots (₹10.2 L) per winner; the rest is proportionate.
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 marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

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:

  • 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.
  • 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.
  • 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.
  • 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 market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

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.

Explore Qualiance International IPO Further

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