Shanti Inorganics IPO Subscription Status
The Shanti Inorganics IPO has been subscribed 132.3x times overall. Retail investors have shown interest with bids for 125.72x the shares available. The Non-Institutional Investor (NII) category has been subscribed 144.98x. Qualified Institutional Buyers (QIBs) have subscribed 130.97x. Data last updated on 07 Sep, 06:30 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 31 Aug, 2026 and closes on 02 Sep, 2026. The shares are expected to list on stock exchanges on 07 Sep, 2026.
Table of Contents
91,003 applications
Live Bidding
| Category | Offered | Applied | Bid Details | TIMES |
|---|---|---|---|---|
|
QIB
|
10,81,600 | 14,16,54,400 |
14,16,54,400
of 10,81,600
73 applications
|
130.97x |
|
NII
|
10,96,000 | 15,89,00,800 |
15,89,00,800
of 10,96,000
17,216 applications
|
144.98x |
|
Retail
|
18,94,400 | 23,81,60,000 |
23,81,60,000
of 18,94,400
73,714 applications
|
125.72x |
| TOTAL | 40,72,000 | 53,87,15,200 |
53,87,15,200
91,003 applications
-
|
132.3x |
Last Updated: 07 Sep 2026, 06:30 PM
Shanti Inorganics IPO Basis of Allotment
Final figures published by the registrar, after technical rejections. Allotment price ₹83.
| Category | AppsApplications | Shares Applied | Shares Allotted | GotAllottees | Odds |
|---|---|---|---|---|---|
|
QIB
53.14x subscribed
|
78 |
14,35,08,800
₹1,191 Cr
|
27,00,800
53.14x subscribed
|
73 | 1 in 1.11 in 1.1 |
|
Ex. Anchor
Ex. Anchor
|
73 | 14,15,18,400 | 10,81,600 · 130.84x | 68 | 1 in 1.11 in 1.1 |
|
Anchor
Anchor Investors
|
5 | 19,90,400 | 16,19,200 · 1.23x | 5 | AllAll allotted |
|
NII (HNI)
195.19x subscribed
|
17,216 |
15,83,37,600
₹1,314 Cr
|
8,11,200
195.19x subscribed
|
168 | 1 in 1021 in 102 |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
8,909 | 11,65,24,800 | 5,40,800 · 215.47x | 112 | 1 in 801 in 80 |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
8,307 | 4,18,12,800 | 2,70,400 · 154.63x | 56 | 1 in 1481 in 148 |
|
Retail
124.52x subscribed
|
73,714 |
23,58,84,800
₹1,957 Cr
|
18,94,400
124.52x subscribed
|
592 | 1 in 1251 in 125 |
|
TOTAL
99.46x subscribed
|
91,008 | 53,77,31,200 |
54,06,400
99.46x subscribed
|
833 | 1 in 1091 in 109 |
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 126 applicants will be successful.
Market Sentiment
Strong grey market premium of 65.06% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 130.97x. This often signals long-term confidence from professional funds.
Day-wise Subscription History
Subscription trends over the last 3 days
| Date | Total | ||
|---|---|---|---|
|
02 Sep 2026
DAY 3
|
-
|
||
|
QIB
-x
NII
-x
Retail
-x
|
|||
|
01 Sep 2026
DAY 2
|
-
|
||
|
QIB
-x
NII
-x
Retail
-x
|
|||
|
31 Aug 2026
DAY 1
|
-
|
||
|
QIB
-x
NII
-x
Retail
-x
|
|||
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Shanti Inorganics IPO Allotment Probability
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
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:
- 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.
- 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.
- 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.
- 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 market hours (10 AM – 5 PM IST) on active subscription days.
Frequently Asked Questions
What is the current subscription status of Shanti Inorganics IPO?
As of IPO close date (02 Sep, 2026), the Shanti Inorganics IPO is subscribed 132.3x times. Retail category is 125.72x, and NII is 144.98x subscribed.
When is the allotment date for Shanti Inorganics IPO?
The allotment for Shanti Inorganics IPO is expected to be finalized on 03 September, 2026.
What is the GMP of Shanti Inorganics?
The Grey Market Premium (GMP) for Shanti Inorganics is currently ₹54, indicating a potential listing gain of 65.06%.
When will Shanti Inorganics IPO list on the stock market?
Shanti Inorganics is scheduled to list on BSE and NSE on 07 September, 2026.
What are the chances of getting allotment in Shanti Inorganics IPO?
The retail category is oversubscribed at 125.72x, meaning allotment is by lottery. Statistically, approximately 1 in 126 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 130.97x mean for Shanti Inorganics IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 130.97x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Shanti Inorganics IPO allotment status?
After the allotment date (03 Sep, 2026), you can check your Shanti Inorganics 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 Shanti Inorganics IPO Further
Track every stage of this IPO from subscription to listing:
