Vibhor Steel Tubes IPO Subscription Status
Vibhor Steel Tubes IPO was subscribed 320.05 times when bidding closed on 15 Feb 2024: QIB 191.41x, NII 772.49x, Retail 201.52x.
The Vibhor Steel Tubes IPO has been subscribed 320.05x times overall. Retail investors have shown interest with bids for 201.52x the shares available. The Non-Institutional Investor (NII) category has been subscribed 772.49x. Within NII, Big HNI (B-HNI) subscribed 754.37x and Small HNI (S-HNI) subscribed 808.72x. Qualified Institutional Buyers (QIBs) have subscribed 191.41x. Data last updated on 10 Nov, 06:31 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 13 Feb, 2024 and closes on 15 Feb, 2024. The shares are expected to list on stock exchanges on 20 Feb, 2024.
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 - - | 191.41x |
| NII | - of - - | 772.49x |
bHNI — bid amount above ₹10 Lakh |
- - | 754.37 |
sHNI — bid amount ₹2–10 Lakh |
- - | 808.72 |
| Retail | - of - - | 201.52x |
| Employee | - of - - | 215.78x |
| TOTAL | - - | 320.05x |
Vibhor Steel Tubes 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 202 applicants will be successful.
Market Sentiment
Strong grey market premium of 86% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 191.41x. 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 | ||
|---|---|---|---|
|
15 Feb 2024
Day 3 |
320.05x | ▼ | |
|
QIB191.41x
BHNI754.37x
SHNI808.72x
Retail201.52x
Employee215.78x
|
|||
|
14 Feb 2024
Day 2 |
101.42x | ▼ | |
|
QIB8.52x
BHNI236.71x
SHNI283.16x
Retail90.28x
|
|||
|
13 Feb 2024
Day 1 |
27.63x | ▼ | |
|
QIB3.56x
BHNI43.42x
SHNI58.14x
Retail32.51x
|
|||
Vibhor Steel Tubes IPO dates
From the bidding window to listing. Today is 11 November.
- Open 13 Feb 2024
- Close 15 Feb 2024
- Allotment 16 Feb 2024
- Refund/credit 19 Feb 2024
- Listing 20 Feb 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 Vibhor Steel Tubes IPO?
As of IPO close date (15 Feb, 2024), the Vibhor Steel Tubes IPO is subscribed 320.05x times. Retail category is 201.52x, and NII is 772.49x subscribed.
When is the allotment date for Vibhor Steel Tubes IPO?
The allotment for Vibhor Steel Tubes IPO is expected to be finalized on 16 February, 2024.
What is the GMP of Vibhor Steel Tubes?
The Grey Market Premium (GMP) for Vibhor Steel Tubes is currently ₹130, indicating a potential listing gain of 86%.
When will Vibhor Steel Tubes IPO list on the stock market?
Vibhor Steel Tubes is scheduled to list on BSE and NSE on 20 February, 2024.
What are the chances of getting allotment in Vibhor Steel Tubes IPO?
The retail category is oversubscribed at 201.52x, meaning allotment is by lottery. Statistically, approximately 1 in 202 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 191.41x mean for Vibhor Steel Tubes IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 191.41x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Vibhor Steel Tubes IPO allotment status?
After the allotment date (16 Feb, 2024), you can check your Vibhor Steel Tubes 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 Vibhor Steel Tubes 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.
