Last day to apply today
Subscribed so far · demand very high
HGS (India) IPO has been subscribed 231.0 times. That means investors bid for 231.0 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 |
|---|---|
| Total | 231.0× |
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 · 30 Oct | —× | —× | —× | 1.53× |
| Day 1 · 31 Oct | —× | —× | —× | 1.53× |
| Day 1 · 1 Nov | —× | —× | —× | 1.53× |
| Day 2 · 2 Nov | —× | —× | —× | 19.43× |
| Day 3 · 3 Nov | —× | —× | —× | 231.0× |
End-of-day figures from NSE bid data. Day numbers count trading days from the opening date.
231.0 times overall.
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 HGS (India) IPO overview · All IPO GMPs today · Upcoming IPOs