Results today
Final subscription · demand very high · NSE, 2 Nov, 7:00 PM IST
Bombay Coated and Special Steels IPO was subscribed 60.77 times. That means investors bid for 60.77 times the shares on offer. When demand is this high, retail allotment works like a lottery and most applicants get no shares.
| Investor type | Times subscribed |
|---|---|
| Big funds (QIB) | 35.5× |
| Rich investors (NII) | 158.32× |
| Retail investors | 33.73× |
| Total | 60.77× |
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 · 29 Oct | 6.55× | 0.72× | 1.24× | 2.67× |
| Day 2 · 30 Oct | 6.56× | 1.8× | 3.02× | 3.78× |
| Day 2 · 31 Oct | 6.56× | 1.8× | 3.02× | 3.78× |
| Day 2 · 1 Nov | 6.56× | 1.8× | 3.02× | 3.78× |
| Day 3 · 2 Nov | 35.5× | 158.32× | 33.73× | 60.77× |
End-of-day figures from NSE bid data. Day numbers count trading days from the opening date.
60.77 times overall: QIB 35.5×, NII 158.32×, retail 33.73×.
QIBs are big institutions such as mutual funds and foreign funds. NIIs are rich individuals and companies bidding over ₹2 lakh. Retail is individuals bidding up to ₹2 lakh.
If the retail category is subscribed more than about 1 time, retail shares are given out by lottery, one lot per winning applicant. Higher subscription means lower odds.
Information only, not investment advice. Back to Bombay Coated and Special Steels IPO overview · All IPO GMPs today · Upcoming IPOs