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TeamLease Services IPO Subscription Status

TeamLease Services IPO was subscribed 69.53 times when bidding closed on 4 Feb 2016: QIB 28.95x, NII 190.68x, Retail 10.93x.

The TeamLease Services IPO has been subscribed 69.53x times overall. Retail investors have shown interest with bids for 10.93x the shares available. The Non-Institutional Investor (NII) category has been subscribed 190.68x. Qualified Institutional Buyers (QIBs) have subscribed 28.95x. Data last updated on 12 Nov, 03:10 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 02 Feb, 2016 and closes on 04 Feb, 2016. The shares are expected to list on stock exchanges on 12 Feb, 2016.

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, 03:10 PM
Category Bid details Times
QIB - of - - 28.95x
NII - of - - 190.68x
Retail - of - - 10.93x
Employee - of - - 1.39x
TOTAL - - 69.53x
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TeamLease Services IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 10
~9.1% chance per PAN — based on 10.93x subscription. Winners get exactly 1 lot (₹12,750) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 191
~0.5% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
28.95x
Proportionate allotment — at 28.95x, institutions receive ~3.5% 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

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 9.1% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 28.95x. 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
04 Feb 2016
Day 3
69.53x ▼
QIB28.95x BHNI- SHNI- Retail10.93x Employee1.39x
03 Feb 2016
Day 2
0.9x ▼
QIB- BHNI- SHNI- Retail-
02 Feb 2016
Day 1
0.17x ▼
QIB- BHNI- SHNI- Retail-

TeamLease Services IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 02 Feb 2016
  2. Close 04 Feb 2016
  3. Allotment 09 Feb 2016
  4. Refund/credit TBA
  5. Listing 12 Feb 2016

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
EMERGING MARKETS GROWTH FUND INC ₹22.52 Cr 11.83%
HDFC TRUSTEE COMPANY LIMITED - HDFC PRUDENCE FUND ₹22.52 Cr 11.83%
DSP BLACKROCK EQUITY FUND ₹13.52 Cr 7.10%
GOLDMAN SACHS INDIA FUND LIMITED ₹13.52 Cr 7.10%
ICICI PRUDENTIAL VALUE FUND - SERIES 5 ₹11.10 Cr 5.83%
MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. S.V. ₹10.33 Cr 5.43%
SCHRODER INTERNATIONAL SELECTION FUND INDIAN OPPORTUNITIES ₹10.02 Cr 5.27%
EASTSPRING INVESTMENT INDIA CONSUMER EQUITY OPEN LIMITED ₹10.02 Cr 5.27%
NOMURA FUNDS IRELAND PUBLIC LTD CO - NOMURA FUNDS IRELAND - INDIA EQUITY FUND ₹9.70 Cr 5.10%
BIRLA SUN LIFE TRUSTEE COMPANY PRIVATE LIMITED A/C BIRLA SUN LIFE MIDCAP FUND ₹9.52 Cr 5.00%
UTI - LONG TERM EQUITY FUND ( TAX SAVING ) ₹8.51 Cr 4.47%
RELIANCE CAPITAL TRUSTEE CO LTD A/C RELIANCE SMALL CAP FUND ₹5.52 Cr 2.90%
L AND T MUTUAL FUND TRUSTEE LTD - L AND T MIDCAP FUND ₹5.02 Cr 2.64%
UTI - BALANCED FUND ₹5.00 Cr 2.63%
RELIANCE CAPITAL TRUSTEE CO LTD A/C RELIANCE CLOSE ENDED EQUITY FUND II SERIES A ₹4.50 Cr 2.37%
ICICI PRUDENTIAL GROWTH FUND - SERIES 6 ₹4.17 Cr 2.19%
ICICI PRUDENTIAL GROWTH FUND - SERIES 7 ₹4.05 Cr 2.13%
RELIANCE CAPITAL TRUSTEE CO LTD A/C RELIANCE CLOSE ENDED EQUITY FUND SERIES A ₹3.50 Cr 1.84%
ICICI PRUDENTIAL GROWTH FUND - SERIES 5 ₹3.20 Cr 1.68%
SUNDARAM MUTUAL FUND A/C SUNDARAM EQUITY MULTIPLIER ₹3.01 Cr 1.58%
BIRLA SUN LIFE TRUSTEE COMPANY PRIVATE LIMITED A/C BIRLA SUN LIFE EMERGING LEADERS FUND SERIES 3 ₹2.70 Cr 1.42%
IDFC TAX ADVANTAGE (ELSS ) FUND ₹2.51 Cr 1.32%
IDFC EQUITY FUND ₹2.51 Cr 1.32%
BIRLA SUN LIFE TRUSTEE COMPANY PRIVATE LIMITED A/C BIRLA SUN LIFE EMERGING LEADERS FUND SERIES 4 ₹1.30 Cr 0.68%
SUNDARAM MUTUAL FUND - SUNDARAM BALANCED FUND ₹1.00 Cr 0.53%
SUNDARAM MUTUAL FUND A/C SUNDARAM MONTHLY INCOME PLAN - AGGRESSIVE PLAN ₹1.00 Cr 0.53%
TOTAL ₹190.27 Cr 99.99%
View allotment letter PDF →

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 TeamLease Services IPO?

As of IPO close date (04 Feb, 2016), the TeamLease Services IPO is subscribed 69.53x times. Retail category is 10.93x, and NII is 190.68x subscribed.

When is the allotment date for TeamLease Services IPO?

The allotment for TeamLease Services IPO is expected to be finalized on 09 February, 2016.

When will TeamLease Services IPO list on the stock market?

TeamLease Services is scheduled to list on BSE and NSE on 12 February, 2016.

What are the chances of getting allotment in TeamLease Services IPO?

The retail category is oversubscribed at 10.93x, meaning allotment is by lottery. Statistically, approximately 1 in 11 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 28.95x mean for TeamLease Services IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 28.95x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check TeamLease Services IPO allotment status?

After the allotment date (09 Feb, 2016), you can check your TeamLease 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.

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

Total
69.53x
QIB
28.95x
NII
190.68x
Retail
10.93x
Full IPO details
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