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SMS Pharmaceuticals IPO Subscription Status

SMS Pharmaceuticals IPO was subscribed 2.64 times when bidding closed on 8 Feb 2007: QIB 3.47x, NII 0.28x, Retail 2.47x.

The SMS Pharmaceuticals IPO has been subscribed 2.64x times overall. Retail investors have shown interest with bids for 2.47x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.28x. Qualified Institutional Buyers (QIBs) have subscribed 3.47x. Data last updated on 12 Nov, 08:15 PM.

The IPO subscription period has ended. The issue opened on 05 Feb, 2007 and closes on 08 Feb, 2007. The shares are expected to list on stock exchanges on 28 Feb, 2007.

Abhishek Vohera, Founder of IPO Guru 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.

Last updated 12 Nov 2026, 08:15 PM
Category Bid details Times
QIB - of - - 3.47x
NII - of - - 0.28x
Retail - of - - 2.47x
TOTAL - - 2.64x
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SMS Pharmaceuticals IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
2 out of 5
~40.5% chance per PAN — based on 2.47x subscription. Winners get exactly 1 lot (₹5,700) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
Full allotment
0.28x — undersubscribed.
QIB (institutions)
3.47x
Proportionate allotment — at 3.47x, institutions receive ~28.8% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

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 40.5% for a single lot.

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
08 Feb 2007
Day 1
2.64x ▼
QIB3.47x BHNI- SHNI- Retail2.47x

SMS Pharmaceuticals IPO dates

From the bidding window to listing. Today is 12 November.

Key dates Listed
  1. Open 05 Feb 2007
  2. Close 08 Feb 2007
  3. Allotment TBA
  4. Refund/credit TBA
  5. Listing 28 Feb 2007

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 SMS Pharmaceuticals IPO?

As of IPO close date (08 Feb, 2007), the SMS Pharmaceuticals IPO is subscribed 2.64x times. Retail category is 2.47x, and NII is 0.28x subscribed.

When will SMS Pharmaceuticals IPO list on the stock market?

SMS Pharmaceuticals is scheduled to list on BSE and NSE on 28 February, 2007.

What are the chances of getting allotment in SMS Pharmaceuticals IPO?

The retail category is oversubscribed at 2.47x, meaning allotment is by lottery. Statistically, approximately 1 in 3 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 3.47x mean for SMS Pharmaceuticals IPO?

Moderate — QIBs have subscribed 3.47x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
2.64x
QIB
3.47x
NII
0.28x
Retail
2.47x
Full IPO details
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