Stove Kraft IPO Subscription Status
Stove Kraft IPO was subscribed 18.03 times when bidding closed on 28 Jan 2021: QIB 8.02x, NII 32.72x, Retail 26.04x.
The Stove Kraft IPO has been subscribed 18.03x times overall. Retail investors have shown interest with bids for 26.04x the shares available. The Non-Institutional Investor (NII) category has been subscribed 32.72x. Qualified Institutional Buyers (QIBs) have subscribed 8.02x. Data last updated on 10 Nov, 07:17 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 25 Jan, 2021 and closes on 28 Jan, 2021. The shares are expected to list on stock exchanges on 05 Feb, 2021.
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 - - | 8.02x |
| NII | - of - - | 32.72x |
| Retail | - of - - | 26.04x |
| TOTAL | - - | 18.03x |
Stove Kraft 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 27 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 8.02x. This often signals long-term confidence from professional funds.
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 | ||
|---|---|---|---|
|
28 Jan 2021
Day 3 |
18.03x | ▼ | |
|
QIB8.02x
BHNI-
SHNI-
Retail26.04x
|
|||
|
27 Jan 2021
Day 2 |
2.92x | ▼ | |
|
QIB0.08x
BHNI-
SHNI-
Retail13.07x
|
|||
|
25 Jan 2021
Day 1 |
0.99x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail5.37x
|
|||
Stove Kraft IPO dates
From the bidding window to listing. Today is 10 November.
- Open 25 Jan 2021
- Close 28 Jan 2021
- Allotment 02 Feb 2021
- Refund/credit 03 Feb 2021
- Listing 05 Feb 2021
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 Stove Kraft IPO?
As of IPO close date (28 Jan, 2021), the Stove Kraft IPO is subscribed 18.03x times. Retail category is 26.04x, and NII is 32.72x subscribed.
When is the allotment date for Stove Kraft IPO?
The allotment for Stove Kraft IPO is expected to be finalized on 02 February, 2021.
What is the GMP of Stove Kraft?
The Grey Market Premium (GMP) for Stove Kraft is currently ₹40, indicating a potential listing gain of 10%.
When will Stove Kraft IPO list on the stock market?
Stove Kraft is scheduled to list on BSE and NSE on 05 February, 2021.
What are the chances of getting allotment in Stove Kraft IPO?
The retail category is oversubscribed at 26.04x, meaning allotment is by lottery. Statistically, approximately 1 in 27 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 8.02x mean for Stove Kraft IPO?
Moderate — QIBs have subscribed 8.02x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Stove Kraft IPO allotment status?
After the allotment date (02 Feb, 2021), you can check your Stove Kraft 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 Stove Kraft 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.
