Shree Ganesh Forgings IPO Subscription Status
Shree Ganesh Forgings IPO was subscribed 19.16 times when bidding closed on 24 May 2005: NII 22.49x, Retail 28.05x.
The Shree Ganesh Forgings IPO has been subscribed 19.16x times overall. Retail investors have shown interest with bids for 28.05x the shares available. The Non-Institutional Investor (NII) category has been subscribed 22.49x. Data last updated on 12 Nov, 08:13 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 18 May, 2005 and closes on 24 May, 2005. The shares are expected to list on stock exchanges on 22 Jun, 2005.
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 |
|---|---|---|
| NII | - of - - | 22.49x |
| Retail | - of - - | 28.05x |
| TOTAL | - - | 19.16x |
Shree Ganesh Forgings 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
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 29 applicants will be successful.
QIB Watch
Institutional buyers are currently waiting. Historically, big funds (QIBs) tend to flood in during the final hours of the subscription period.
Day-wise subscription history
End-of-day subscription across the 1-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
24 May 2005
Day 1 |
19.16x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail28.05x
|
|||
Shree Ganesh Forgings IPO dates
From the bidding window to listing. Today is 13 November.
- Open 18 May 2005
- Close 24 May 2005
- Allotment 17 Jun 2005
- Refund/credit TBA
- Listing 22 Jun 2005
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 Shree Ganesh Forgings IPO?
As of IPO close date (24 May, 2005), the Shree Ganesh Forgings IPO is subscribed 19.16x times. Retail category is 28.05x, and NII is 22.49x subscribed.
When is the allotment date for Shree Ganesh Forgings IPO?
The allotment for Shree Ganesh Forgings IPO is expected to be finalized on 17 June, 2005.
When will Shree Ganesh Forgings IPO list on the stock market?
Shree Ganesh Forgings is scheduled to list on BSE and NSE on 22 June, 2005.
What are the chances of getting allotment in Shree Ganesh Forgings IPO?
The retail category is oversubscribed at 28.05x, meaning allotment is by lottery. Statistically, approximately 1 in 29 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
How to check Shree Ganesh Forgings IPO allotment status?
After the allotment date (17 Jun, 2005), you can check your Shree Ganesh Forgings 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 Shree Ganesh Forgings 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.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
