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RBZ Jewellers IPO Subscription Status

RBZ Jewellers IPO was subscribed 16.86 times when bidding closed on 21 Dec 2023: QIB 13.43x, NII 9.27x, Retail 24.74x.

The RBZ Jewellers IPO has been subscribed 16.86x times overall. Retail investors have shown interest with bids for 24.74x the shares available. The Non-Institutional Investor (NII) category has been subscribed 9.27x. Within NII, Big HNI (B-HNI) subscribed 6.79x and Small HNI (S-HNI) subscribed 14.21x. Qualified Institutional Buyers (QIBs) have subscribed 13.43x. 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 19 Dec, 2023 and closes on 21 Dec, 2023. The shares are expected to list on stock exchanges on 27 Dec, 2023.

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, 06:27 PM
Category Bid details Times
QIB - of - - 13.43x
NII - of - - 9.27x
bHNI — bid amount above ₹10 Lakh
- - 6.79
sHNI — bid amount ₹2–10 Lakh
- - 14.21
Retail - of - - 24.74x
TOTAL - - 16.86x
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RBZ Jewellers IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 25
~4% chance per PAN — based on 24.74x subscription. Winners get exactly 1 lot (₹15,000) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 13
~7% chance — based on 14.21x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 7
~14.7% chance — based on 6.79x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
13.43x
Proportionate allotment — at 13.43x, institutions receive ~7.4% 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 25 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 13.43x. 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
21 Dec 2023
Day 3
16.86x ▼
QIB13.43x BHNI6.79x SHNI14.21x Retail24.74x
20 Dec 2023
Day 2
7.15x ▼
QIB0.05x BHNI2.06x SHNI6.34x Retail13.14x
19 Dec 2023
Day 1
2.31x ▼
QIB- BHNI- SHNI- Retail4.6x

RBZ Jewellers IPO dates

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

Key dates Listed
  1. Open 19 Dec 2023
  2. Close 21 Dec 2023
  3. Allotment 22 Dec 2023
  4. Refund/credit 26 Dec 2023
  5. Listing 27 Dec 2023

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 RBZ Jewellers IPO?

As of IPO close date (21 Dec, 2023), the RBZ Jewellers IPO is subscribed 16.86x times. Retail category is 24.74x, and NII is 9.27x subscribed.

When is the allotment date for RBZ Jewellers IPO?

The allotment for RBZ Jewellers IPO is expected to be finalized on 22 December, 2023.

What is the GMP of RBZ Jewellers?

The Grey Market Premium (GMP) for RBZ Jewellers is currently ₹13.43, indicating a potential listing gain of 13%.

When will RBZ Jewellers IPO list on the stock market?

RBZ Jewellers is scheduled to list on BSE and NSE on 27 December, 2023.

What are the chances of getting allotment in RBZ Jewellers IPO?

The retail category is oversubscribed at 24.74x, meaning allotment is by lottery. Statistically, approximately 1 in 25 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 13.43x mean for RBZ Jewellers IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 13.43x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check RBZ Jewellers IPO allotment status?

After the allotment date (22 Dec, 2023), you can check your RBZ Jewellers 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
16.86x
QIB
13.43x
NII
9.27x
bHNI
6.79x
sHNI
14.21x
Retail
24.74x
Full IPO details
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