Sobha Developers IPO Subscription Status
Sobha Developers IPO was subscribed 113.93 times when bidding closed on 29 Nov 2006: QIB 168.79x, NII 190.6x, Retail 20.48x.
The Sobha Developers IPO has been subscribed 113.93x times overall. Retail investors have shown interest with bids for 20.48x the shares available. The Non-Institutional Investor (NII) category has been subscribed 190.6x. Qualified Institutional Buyers (QIBs) have subscribed 168.79x. Data last updated on 12 Nov, 08:14 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 23 Nov, 2006 and closes on 29 Nov, 2006. The shares are expected to list on stock exchanges on 20 Dec, 2006.
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 - - | 168.79x |
| NII | - of - - | 190.6x |
| Retail | - of - - | 20.48x |
| Employee | - of - - | 0.99x |
| TOTAL | - - | 113.93x |
Sobha Developers 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 21 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 168.79x. This often signals long-term confidence from professional funds.
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 | ||
|---|---|---|---|
|
29 Nov 2006
Day 1 |
113.93x | ▼ | |
|
QIB168.79x
BHNI-
SHNI-
Retail20.48x
Employee0.99x
|
|||
Sobha Developers IPO dates
From the bidding window to listing. Today is 12 November.
- Open 23 Nov 2006
- Close 29 Nov 2006
- Allotment 11 Dec 2006
- Refund/credit TBA
- Listing 20 Dec 2006
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 Sobha Developers IPO?
As of IPO close date (29 Nov, 2006), the Sobha Developers IPO is subscribed 113.93x times. Retail category is 20.48x, and NII is 190.6x subscribed.
When is the allotment date for Sobha Developers IPO?
The allotment for Sobha Developers IPO is expected to be finalized on 11 December, 2006.
When will Sobha Developers IPO list on the stock market?
Sobha Developers is scheduled to list on BSE and NSE on 20 December, 2006.
What are the chances of getting allotment in Sobha Developers IPO?
The retail category is oversubscribed at 20.48x, meaning allotment is by lottery. Statistically, approximately 1 in 21 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 168.79x mean for Sobha Developers IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 168.79x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Sobha Developers IPO allotment status?
After the allotment date (11 Dec, 2006), you can check your Sobha Developers 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 Sobha Developers 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.
