Sai Silks (Kalamandir) IPO Subscription Status
Sai Silks (Kalamandir) IPO was subscribed 4.47 times when bidding closed on 22 Sep 2023: QIB 12.17x, NII 2.54x, Retail 0.91x.
The Sai Silks (Kalamandir) IPO has been subscribed 4.47x times overall. Retail investors have shown interest with bids for 0.91x the shares available. The Non-Institutional Investor (NII) category has been subscribed 2.54x. Within NII, Big HNI (B-HNI) subscribed 3.03x and Small HNI (S-HNI) subscribed 1.57x. Qualified Institutional Buyers (QIBs) have subscribed 12.17x. Data last updated on 10 Nov, 06:08 PM.
The IPO subscription period has ended. The issue opened on 20 Sep, 2023 and closes on 22 Sep, 2023. The shares are expected to list on stock exchanges on 27 Sep, 2023.
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 - - | 12.17x |
| NII | - of - - | 2.54x |
bHNI — bid amount above ₹10 Lakh |
- - | 3.03 |
sHNI — bid amount ₹2–10 Lakh |
- - | 1.57 |
| Retail | - of - - | 0.91x |
| TOTAL | - - | 4.47x |
Sai Silks (Kalamandir) 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
Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.
Institutional Backing
Massive institutional interest with QIBs subscribing 12.17x. 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 | ||
|---|---|---|---|
|
22 Sep 2023
Day 3 |
4.47x | ▼ | |
|
QIB12.17x
BHNI3.03x
SHNI1.57x
Retail0.91x
|
|||
|
21 Sep 2023
Day 2 |
0.34x | ▼ | |
|
QIB0.5x
BHNI-
SHNI-
Retail0.27x
|
|||
|
20 Sep 2023
Day 1 |
0.07x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail0.12x
|
|||
Sai Silks (Kalamandir) IPO dates
From the bidding window to listing. Today is 11 November.
- Open 20 Sep 2023
- Close 22 Sep 2023
- Allotment 27 Sep 2023
- Refund/credit 29 Sep 2023
- Listing 27 Sep 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 Sai Silks (Kalamandir) IPO?
As of IPO close date (22 Sep, 2023), the Sai Silks (Kalamandir) IPO is subscribed 4.47x times. Retail category is 0.91x, and NII is 2.54x subscribed.
When is the allotment date for Sai Silks (Kalamandir) IPO?
The allotment for Sai Silks (Kalamandir) IPO is expected to be finalized on 27 September, 2023.
What is the GMP of Sai Silks (Kalamandir)?
The Grey Market Premium (GMP) for Sai Silks (Kalamandir) is currently ₹13, indicating a potential listing gain of 6%.
When will Sai Silks (Kalamandir) IPO list on the stock market?
Sai Silks (Kalamandir) is scheduled to list on BSE and NSE on 27 September, 2023.
What are the chances of getting allotment in Sai Silks (Kalamandir) IPO?
The retail category is currently undersubscribed at 0.91x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.
What does QIB subscription of 12.17x mean for Sai Silks (Kalamandir) IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 12.17x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Sai Silks (Kalamandir) IPO allotment status?
After the allotment date (27 Sep, 2023), you can check your Sai Silks (Kalamandir) 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 Sai Silks (Kalamandir) 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.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
