Ramkrishna Forgings IPO Subscription Status
Ramkrishna Forgings IPO was subscribed 4.89 times when bidding closed on 10 Apr 2004: NII 5.59x, Retail 4.18x.
The Ramkrishna Forgings IPO has been subscribed 4.89x times overall. Retail investors have shown interest with bids for 4.18x the shares available. The Non-Institutional Investor (NII) category has been subscribed 5.59x. Data last updated on 12 Nov, 08:13 PM.
The IPO subscription period has ended. The issue opened on 02 Apr, 2004 and closes on 10 Apr, 2004. The shares are expected to list on stock exchanges on 05 May, 2004.
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 |
|---|---|---|
| NII | - of - - | 5.59x |
| Retail | - of - - | 4.18x |
| TOTAL | - - | 4.89x |
Ramkrishna Forgings 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
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 23.9% for a single lot.
QIB Watch
Institutional buyers are currently waiting. Historically, big funds (QIBs) tend to flood in during the final hours of the subscription period.
Day-wise subscription history
Day-wise figures appear here from the first day of bidding.
Ramkrishna Forgings IPO dates
From the bidding window to listing. Today is 12 November.
- Open 02 Apr 2004
- Close 10 Apr 2004
- Allotment 28 Apr 2004
- Refund/credit TBA
- Listing 05 May 2004
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 Ramkrishna Forgings IPO?
As of IPO close date (10 Apr, 2004), the Ramkrishna Forgings IPO is subscribed 4.89x times. Retail category is 4.18x, and NII is 5.59x subscribed.
When is the allotment date for Ramkrishna Forgings IPO?
The allotment for Ramkrishna Forgings IPO is expected to be finalized on 28 April, 2004.
When will Ramkrishna Forgings IPO list on the stock market?
Ramkrishna Forgings is scheduled to list on BSE and NSE on 05 May, 2004.
What are the chances of getting allotment in Ramkrishna Forgings IPO?
The retail category is oversubscribed at 4.18x, meaning allotment is by lottery. Statistically, approximately 1 in 5 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
How to check Ramkrishna Forgings IPO allotment status?
After the allotment date (28 Apr, 2004), you can check your Ramkrishna Forgings 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 Ramkrishna Forgings IPO further
Track every stage of this IPO, from subscription to listing.
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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.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
