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TBO Tek IPO Subscription Status

TBO Tek IPO was subscribed 86.69 times when bidding closed on 10 May 2024: QIB 125.51x, NII 50.6x, Retail 25.72x.

The TBO Tek IPO has been subscribed 86.69x times overall. Retail investors have shown interest with bids for 25.72x the shares available. The Non-Institutional Investor (NII) category has been subscribed 50.6x. Within NII, Big HNI (B-HNI) subscribed 55.82x and Small HNI (S-HNI) subscribed 40.16x. Qualified Institutional Buyers (QIBs) have subscribed 125.51x. Data last updated on 10 Nov, 06:38 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 08 May, 2024 and closes on 10 May, 2024. The shares are expected to list on stock exchanges on 15 May, 2024.

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 10 Nov 2026, 06:38 PM
Category Bid details Times
QIB - of - - 125.51x
NII - of - - 50.6x
bHNI — bid amount above ₹10 Lakh
- - 55.82
sHNI — bid amount ₹2–10 Lakh
- - 40.16
Retail - of - - 25.72x
Employee - of - - 17.81x
TOTAL - - 86.69x
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TBO Tek IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 26
~3.9% chance per PAN — based on 25.72x subscription. Winners get exactly 1 lot (₹14,720) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 40
~2.5% chance — based on 40.16x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 56
~1.8% chance — based on 55.82x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
125.51x
Proportionate allotment — at 125.51x, institutions receive ~0.8% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

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 26 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 125.51x. 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
10 May 2024
Day 3
86.69x ▼
QIB125.51x BHNI55.82x SHNI40.16x Retail25.72x Employee17.81x
09 May 2024
Day 2
4.15x ▼
QIB0.17x BHNI7.91x SHNI8.73x Retail10.01x
08 May 2024
Day 1
1.15x ▼
QIB0.01x BHNI1.95x SHNI2.36x Retail3.14x

TBO Tek IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 08 May 2024
  2. Close 10 May 2024
  3. Allotment 13 May 2024
  4. Refund/credit 14 May 2024
  5. Listing 15 May 2024

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 TBO Tek IPO?

As of IPO close date (10 May, 2024), the TBO Tek IPO is subscribed 86.69x times. Retail category is 25.72x, and NII is 50.6x subscribed.

When is the allotment date for TBO Tek IPO?

The allotment for TBO Tek IPO is expected to be finalized on 13 May, 2024.

What is the GMP of TBO Tek?

The Grey Market Premium (GMP) for TBO Tek is currently ₹360, indicating a potential listing gain of 39%.

When will TBO Tek IPO list on the stock market?

TBO Tek is scheduled to list on BSE and NSE on 15 May, 2024.

What are the chances of getting allotment in TBO Tek IPO?

The retail category is oversubscribed at 25.72x, meaning allotment is by lottery. Statistically, approximately 1 in 26 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 125.51x mean for TBO Tek IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 125.51x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check TBO Tek IPO allotment status?

After the allotment date (13 May, 2024), you can check your TBO Tek 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.

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

Total
86.69x
QIB
125.51x
NII
50.6x
bHNI
55.82x
sHNI
40.16x
Retail
25.72x
Full IPO details
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