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Listed SME

Tipco Engineering India IPO Subscription Status

Tipco Engineering India IPO was subscribed 1.56 times when bidding closed on 25 Mar 2026: QIB 3.2x, NII 1.52x, Retail 0.66x.

The Tipco Engineering India IPO has been subscribed 1.56x times overall. Retail investors have shown interest with bids for 0.66x the shares available. The Non-Institutional Investor (NII) category has been subscribed 1.52x. Qualified Institutional Buyers (QIBs) have subscribed 3.2x. Data last updated on 25 Aug, 12:55 PM.

The IPO subscription period has ended. The issue opened on 23 Mar, 2026 and closes on 25 Mar, 2026. The shares are expected to list on stock exchanges on 01 Apr, 2026.

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. Switch to Detailed for the exchange's own sub-category rows.

Last updated 25 Aug 2026, 12:55 PM
Category Bid details Times
QIB 37,05,600 of 11,56,800 3.2x
NII 28,75,200 of 18,94,400 1.52x
Retail 13,50,400 of 20,32,000 0.66x
TOTAL 79,31,200 1.56x

Application-wise breakup (estimated)

Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Final counts appear here once the Basis of Allotment is out.

Category Est. Applied Times
Retail max 1,199 422 0.35x
TOTAL (EST.) 422

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.

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
25 Mar 2026
Day 3
- ▼
QIB- NII- Retail-
24 Mar 2026
Day 2
0.44x ▼
QIB1x NII0.54x Retail0.03x
23 Mar 2026
Day 1
- ▼
QIB- NII- Retail-

Tipco Engineering India SME IPO dates

From the bidding window to listing. Today is 3 October.

Key dates Listed
  1. Open 23 Mar 2026
  2. Close 25 Mar 2026
  3. Allotment 27 Mar 2026
  4. Refund/credit 30 Mar 2026
  5. Listing 01 Apr 2026

Tipco Engineering India IPO allotment probability

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

Retail (up to ₹2 L)
Full allotment
0.66x — undersubscribed. Every valid retail application should be allotted in full.
NII / HNI (above ₹2 L)
1 in 2
~65.8% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
3.2x
Proportionate allotment — at 3.2x, institutions receive ~31.3% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

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 market hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Tipco Engineering India IPO?

As of IPO close date (25 Mar, 2026), the Tipco Engineering India IPO is subscribed 1.56x times. Retail category is 0.66x, and NII is 1.52x subscribed.

When is the allotment date for Tipco Engineering India IPO?

The allotment for Tipco Engineering India IPO is expected to be finalized on 27 March, 2026.

When will Tipco Engineering India IPO list on the stock market?

Tipco Engineering India is scheduled to list on BSE and NSE on 01 April, 2026.

What are the chances of getting allotment in Tipco Engineering India IPO?

The retail category is currently undersubscribed at 0.66x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.

What does QIB subscription of 3.2x mean for Tipco Engineering India IPO?

Moderate — QIBs have subscribed 3.2x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Tipco Engineering India IPO allotment status?

After the allotment date (27 Mar, 2026), you can check your Tipco Engineering India 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
1.56x
QIB
3.2x
NII
1.52x
Retail
0.66x
Full IPO details