Tata Consultancy Services IPO Subscription Status
Tata Consultancy Services IPO was subscribed 7.48 times when bidding closed on 5 Aug 2004: QIB 7.13x, NII 20.53x, Retail 3.02x.
The Tata Consultancy Services IPO has been subscribed 7.48x times overall. Retail investors have shown interest with bids for 3.02x the shares available. The Non-Institutional Investor (NII) category has been subscribed 20.53x. Qualified Institutional Buyers (QIBs) have subscribed 7.13x. Data last updated on 12 Nov, 09:16 PM.
The IPO subscription period has ended. The issue opened on 29 Jul, 2004 and closes on 05 Aug, 2004. The shares are expected to list on stock exchanges on 25 Aug, 2004.
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 - - | 7.13x |
| NII | - of - - | 20.53x |
| Retail | - of - - | 3.02x |
| Employee | - of - - | 0.89x |
| TOTAL | - - | 7.48x |
Tata Consultancy Services 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
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 33.1% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 7.13x. 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 | ||
|---|---|---|---|
|
05 Aug 2004
Day 1 |
7.48x | ▼ | |
|
QIB7.13x
BHNI-
SHNI-
Retail3.02x
Employee0.89x
|
|||
Tata Consultancy Services IPO dates
From the bidding window to listing. Today is 12 November.
- Open 29 Jul 2004
- Close 05 Aug 2004
- Allotment 18 Aug 2004
- Refund/credit TBA
- Listing 25 Aug 2004
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 Tata Consultancy Services IPO?
As of IPO close date (05 Aug, 2004), the Tata Consultancy Services IPO is subscribed 7.48x times. Retail category is 3.02x, and NII is 20.53x subscribed.
When is the allotment date for Tata Consultancy Services IPO?
The allotment for Tata Consultancy Services IPO is expected to be finalized on 18 August, 2004.
When will Tata Consultancy Services IPO list on the stock market?
Tata Consultancy Services is scheduled to list on BSE and NSE on 25 August, 2004.
What are the chances of getting allotment in Tata Consultancy Services IPO?
The retail category is oversubscribed at 3.02x, meaning allotment is by lottery. Statistically, approximately 1 in 4 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 7.13x mean for Tata Consultancy Services IPO?
Moderate — QIBs have subscribed 7.13x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.
How to check Tata Consultancy Services IPO allotment status?
After the allotment date (18 Aug, 2004), you can check your Tata Consultancy Services 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 Tata Consultancy Services 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.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
