IPO Guru
Bajaj
Listed Mainboard

R K Swamy IPO Subscription Status

R K Swamy IPO was subscribed 25.78 times when bidding closed on 6 Mar 2024: QIB 20.58x, NII 34.24x, Retail 33.31x.

The R K Swamy IPO has been subscribed 25.78x times overall. Retail investors have shown interest with bids for 33.31x the shares available. The Non-Institutional Investor (NII) category has been subscribed 34.24x. Within NII, Big HNI (B-HNI) subscribed 35.73x and Small HNI (S-HNI) subscribed 31.27x. Qualified Institutional Buyers (QIBs) have subscribed 20.58x. Data last updated on 10 Nov, 06:34 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 Mar, 2024 and closes on 06 Mar, 2024. The shares are expected to list on stock exchanges on 12 Mar, 2024.

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 10 Nov 2026, 06:34 PM
Category Bid details Times
QIB - of - - 20.58x
NII - of - - 34.24x
bHNI — bid amount above ₹10 Lakh
- - 35.73
sHNI — bid amount ₹2–10 Lakh
- - 31.27
Retail - of - - 33.31x
Employee - of - - 2.46x
TOTAL - - 25.78x
Advertisement

R K Swamy IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 33
~3% chance per PAN — based on 33.31x subscription. Winners get exactly 1 lot (₹14,400) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 31
~3.2% chance — based on 31.27x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 36
~2.8% chance — based on 35.73x subscription. Lottery allots the minimum NII application of 14 lots (₹2 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
20.58x
Proportionate allotment — at 20.58x, institutions receive ~4.9% 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 34 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 20.58x. 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
06 Mar 2024
Day 3
25.78x ▼
QIB20.58x BHNI35.73x SHNI31.27x Retail33.31x Employee2.46x
05 Mar 2024
Day 2
5.99x ▼
QIB0.37x BHNI8.66x SHNI11.68x Retail18.23x
04 Mar 2024
Day 1
2.19x ▼
QIB0.01x BHNI2.39x SHNI4.14x Retail7.86x

R K Swamy IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 04 Mar 2024
  2. Close 06 Mar 2024
  3. Allotment 07 Mar 2024
  4. Refund/credit 11 Mar 2024
  5. Listing 12 Mar 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 R K Swamy IPO?

As of IPO close date (06 Mar, 2024), the R K Swamy IPO is subscribed 25.78x times. Retail category is 33.31x, and NII is 34.24x subscribed.

When is the allotment date for R K Swamy IPO?

The allotment for R K Swamy IPO is expected to be finalized on 07 March, 2024.

What is the GMP of R K Swamy?

The Grey Market Premium (GMP) for R K Swamy is currently ₹25, indicating a potential listing gain of 9%.

When will R K Swamy IPO list on the stock market?

R K Swamy is scheduled to list on BSE and NSE on 12 March, 2024.

What are the chances of getting allotment in R K Swamy IPO?

The retail category is oversubscribed at 33.31x, meaning allotment is by lottery. Statistically, approximately 1 in 34 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 20.58x mean for R K Swamy IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 20.58x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check R K Swamy IPO allotment status?

After the allotment date (07 Mar, 2024), you can check your R K Swamy 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 R K Swamy IPO further

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

IPO Guru App
IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

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

Total
25.78x
QIB
20.58x
NII
34.24x
bHNI
35.73x
sHNI
31.27x
Retail
33.31x
Full IPO details
Advertisement