S.P. Apparels IPO Subscription Status
S.P. Apparels IPO was subscribed 2.8 times when bidding closed on 4 Aug 2016: QIB 2.4x, NII 5.28x, Retail 1.97x.
The S.P. Apparels IPO has been subscribed 2.8x times overall. Retail investors have shown interest with bids for 1.97x the shares available. The Non-Institutional Investor (NII) category has been subscribed 5.28x. Qualified Institutional Buyers (QIBs) have subscribed 2.4x. Data last updated on 12 Nov, 03:11 PM.
The IPO subscription period has ended. The issue opened on 02 Aug, 2016 and closes on 04 Aug, 2016. The shares are expected to list on stock exchanges on 12 Aug, 2016.
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 |
|---|---|---|
| QIB | - of - - | 2.4x |
| NII | - of - - | 5.28x |
| Retail | - of - - | 1.97x |
| TOTAL | - - | 2.8x |
S.P. Apparels 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 50.8% for a single lot.
Day-wise subscription history
End-of-day subscription across the 2-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
04 Aug 2016
Day 2 |
2.8x | ▼ | |
|
QIB2.4x
BHNI-
SHNI-
Retail1.97x
|
|||
|
02 Aug 2016
Day 1 |
0.12x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail-
|
|||
S.P. Apparels IPO dates
From the bidding window to listing. Today is 14 November.
- Open 02 Aug 2016
- Close 04 Aug 2016
- Allotment 09 Aug 2016
- Refund/credit TBA
- Listing 12 Aug 2016
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | DSP BLACKROCK MICRO CAP FUND | DSP MUTUAL FUND | ₹17.00 Cr | 23.70% | |
| 2 | GOLDMAN SACHS INDIA FUND LIMITED | GOLDMAN SACHS | ₹14.91 Cr | 20.79% | |
| 3 | BIRLA SUN LIFE INSURANCE COMPANY LIMITED | ADITYA BIRLA SUN LIFE INSURANCE | ₹14.91 Cr | 20.78% | |
| 4 | MORGAN STANLEY MAURITIUS COMPANY LIMITED | MORGAN STANLEY | ₹9.91 Cr | 13.82% | |
| 5 | UTI - MASTER EQUITY PLAN UNIT SCHEME | UTI MUTUAL FUND | ₹5.00 Cr | 6.97% | |
| 6 | PRINCIPAL TRUSTEE CO. PVT LTD - PRINCIPAL MUTUAL FUND - PRINCIPAL EMERGING BLUECHIP FUND | PRINCIPAL MUTUAL FUND | ₹5.00 Cr | 6.97% | |
| 7 | UTI - BALANCED FUND | UTI MUTUAL FUND | ₹5.00 Cr | 6.97% | |
| TOTAL | ₹71.73 Cr | 100.00% |
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 S.P. Apparels IPO?
As of IPO close date (04 Aug, 2016), the S.P. Apparels IPO is subscribed 2.8x times. Retail category is 1.97x, and NII is 5.28x subscribed.
When is the allotment date for S.P. Apparels IPO?
The allotment for S.P. Apparels IPO is expected to be finalized on 09 August, 2016.
When will S.P. Apparels IPO list on the stock market?
S.P. Apparels is scheduled to list on BSE and NSE on 12 August, 2016.
What are the chances of getting allotment in S.P. Apparels IPO?
The retail category is oversubscribed at 1.97x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 2.4x mean for S.P. Apparels IPO?
Moderate — QIBs have subscribed 2.4x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check S.P. Apparels IPO allotment status?
After the allotment date (09 Aug, 2016), you can check your S.P. Apparels 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 S.P. Apparels IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
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.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
