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Vishnu Prakash R Punglia IPO Subscription Status

Vishnu Prakash R Punglia IPO was subscribed 87.82 times when bidding closed on 28 Aug 2023: QIB 171.69x, NII 111.03x, Retail 32.02x.

The Vishnu Prakash R Punglia IPO has been subscribed 87.82x times overall. Retail investors have shown interest with bids for 32.02x the shares available. The Non-Institutional Investor (NII) category has been subscribed 111.03x. Within NII, Big HNI (B-HNI) subscribed 112.02x and Small HNI (S-HNI) subscribed 109.07x. Qualified Institutional Buyers (QIBs) have subscribed 171.69x. Data last updated on 10 Nov, 06:04 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 24 Aug, 2023 and closes on 28 Aug, 2023. The shares are expected to list on stock exchanges on 05 Sep, 2023.

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, 06:04 PM
Category Bid details Times
QIB - of - - 171.69x
NII - of - - 111.03x
bHNI — bid amount above ₹10 Lakh
- - 112.02
sHNI — bid amount ₹2–10 Lakh
- - 109.07
Retail - of - - 32.02x
Employee - of - - 12.97x
TOTAL - - 87.82x
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Vishnu Prakash R Punglia IPO allotment probability

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

Retail (up to ₹2 L)
1 out of 32
~3.1% chance per PAN — based on 32.02x subscription. Winners get exactly 1 lot (₹14,850) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 109
~0.9% chance — based on 109.07x 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 112
~0.9% chance — based on 112.02x 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)
171.69x
Proportionate allotment — at 171.69x, institutions receive ~0.6% 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 33 applicants will be successful.

Market Sentiment

Strong grey market premium of 56% suggests exceptional listing gains and high bullish sentiment among traders.

Institutional Backing

Massive institutional interest with QIBs subscribing 171.69x. 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
28 Aug 2023
Day 3
87.82x ▼
QIB171.69x BHNI112.02x SHNI109.07x Retail32.02x Employee12.97x
25 Aug 2023
Day 2
10.63x ▼
QIB0.35x BHNI15.22x SHNI27.74x Retail12.88x
24 Aug 2023
Day 1
3.76x ▼
QIB0.05x BHNI5.1x SHNI8.56x Retail4.86x

Vishnu Prakash R Punglia IPO dates

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

Key dates Listed
  1. Open 24 Aug 2023
  2. Close 28 Aug 2023
  3. Allotment 31 Aug 2023
  4. Refund/credit 01 Sep 2023
  5. Listing 05 Sep 2023

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 Vishnu Prakash R Punglia IPO?

As of IPO close date (28 Aug, 2023), the Vishnu Prakash R Punglia IPO is subscribed 87.82x times. Retail category is 32.02x, and NII is 111.03x subscribed.

When is the allotment date for Vishnu Prakash R Punglia IPO?

The allotment for Vishnu Prakash R Punglia IPO is expected to be finalized on 31 August, 2023.

What is the GMP of Vishnu Prakash R Punglia?

The Grey Market Premium (GMP) for Vishnu Prakash R Punglia is currently ₹55, indicating a potential listing gain of 56%.

When will Vishnu Prakash R Punglia IPO list on the stock market?

Vishnu Prakash R Punglia is scheduled to list on BSE and NSE on 05 September, 2023.

What are the chances of getting allotment in Vishnu Prakash R Punglia IPO?

The retail category is oversubscribed at 32.02x, meaning allotment is by lottery. Statistically, approximately 1 in 33 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 171.69x mean for Vishnu Prakash R Punglia IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 171.69x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Vishnu Prakash R Punglia IPO allotment status?

After the allotment date (31 Aug, 2023), you can check your Vishnu Prakash R Punglia 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
87.82x
QIB
171.69x
NII
111.03x
bHNI
112.02x
sHNI
109.07x
Retail
32.02x
Full IPO details
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