Sai Urja Indo Ventures IPO Subscription Status
Sai Urja Indo Ventures IPO was subscribed 4.43 times when bidding closed on 29 Sep 2026: QIB 2.8x, NII 6.19x, Retail 4.04x.
The Sai Urja Indo Ventures IPO has been subscribed 4.43x times overall. Retail investors have shown interest with bids for 4.04x the shares available. The Non-Institutional Investor (NII) category has been subscribed 6.19x. Within NII, Big HNI (B-HNI) subscribed 11.01x and Small HNI (S-HNI) subscribed 9.85x. Qualified Institutional Buyers (QIBs) have subscribed 2.8x. Data last updated on 07 Oct, 06:00 PM.
The IPO subscription period has ended. The issue opened on 25 Sep, 2026 and closes on 29 Sep, 2026. The shares are expected to list on stock exchanges on 05 Oct, 2026.
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 | 10,99,200 of 3,92,400 7 applications | 2.8x |
| NII | 32,11,200 of 5,18,400 479 applications | 6.19x |
bHNI — bid amount above ₹10 Lakh |
22,18,800 207 applications | 11.01 |
sHNI — bid amount ₹2–10 Lakh |
9,92,400 272 applications | 9.85 |
| Retail | 28,68,000 of 7,10,400 1,189 applications | 4.04x |
| TOTAL | 71,78,400 1,675 applications | 4.43x |
Sai Urja Indo Ventures IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹113.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 1.91x subscribed | 11 | 11 | AllAll allotted |
|
Ex. Anchor
Ex. Anchor
|
7 | 7 | AllAll allotted |
|
Anchor
Anchor Investors
|
4 | 4 | AllAll allotted |
| NII (HNI) 9.90x subscribed | 479 | 84 | 1 out of 61 out of 6 |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
207 | 56 | 1 out of 41 out of 4 |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
272 | 28 | 1 out of 91 out of 9 |
| Retail 4.02x subscribed | 1,189 | 296 | 1 out of 41 out of 4 |
| TOTAL 3.88x subscribed | 1,679 | 391 | 1 out of 41 out of 4 |
Sai Urja Indo Ventures 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 24.8% for a single lot.
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 | ||
|---|---|---|---|
|
29 Sep 2026
Day 3 |
4.43x | ▼ | |
|
QIB2.8x
NII6.19x
Retail4.04x
|
|||
|
28 Sep 2026
Day 2 |
0.2x | ▼ | |
|
QIB-
NII0.05x
Retail0.43x
|
|||
|
25 Sep 2026
Day 1 |
0.04x | ▼ | |
|
QIB-
NII0.04x
Retail0.05x
|
|||
Sai Urja Indo Ventures SME IPO dates
From the bidding window to listing. Today is 9 November.
- Open 25 Sep 2026
- Close 29 Sep 2026
- Allotment 30 Sep 2026
- Refund/credit 01 Oct 2026
- Listing 05 Oct 2026
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 Urja Indo Ventures IPO?
As of IPO close date (29 Sep, 2026), the Sai Urja Indo Ventures IPO is subscribed 4.43x times. Retail category is 4.04x, and NII is 6.19x subscribed.
When is the allotment date for Sai Urja Indo Ventures IPO?
The allotment for Sai Urja Indo Ventures IPO is expected to be finalized on 30 September, 2026.
What is the GMP of Sai Urja Indo Ventures?
The Grey Market Premium (GMP) for Sai Urja Indo Ventures is currently ₹32, indicating a potential listing gain of 28.32%.
When will Sai Urja Indo Ventures IPO list on the stock market?
Sai Urja Indo Ventures is scheduled to list on BSE and NSE on 05 October, 2026.
What are the chances of getting allotment in Sai Urja Indo Ventures IPO?
The retail category is oversubscribed at 4.04x, 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.
What does QIB subscription of 2.8x mean for Sai Urja Indo Ventures IPO?
Moderate — QIBs have subscribed 2.8x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Sai Urja Indo Ventures IPO allotment status?
After the allotment date (30 Sep, 2026), you can check your Sai Urja Indo Ventures 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 Urja Indo Ventures SME IPO further
Track every stage of this IPO, from subscription to listing.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
