Live Bidding & Subscription Guide

Live IPO Subscription Status Today

Track real-time IPO bidding figures from BSE and NSE. Monitor QIB, NII/HNI, and Retail investor quotas and observe how oversubscription demand influences expected listing day gains.

Live Subscriptions (Currently Open for Bidding)

Active Mainboard & SME public issues accepting ASBA and UPI bids today

6 Active
IPO NameTypeStatusSubscriptionPrice BandGMP (₹ / %)Est. ListingOpen DateClose DateIssue Size
Vedant Poly Fabs LimitedSMEOpen0.94x₹88 – ₹94
+₹9.35+9.9%
₹103.351 Nov 20263 Nov 2026₹56.68 Cr
Maxwell Engineering Solutions LimitedSMEClosed536.90x₹150 – ₹158
+₹68+43.0%
₹22629 Oct 20262 Nov 2026₹57.64 Cr
HGS (India) LimitedSMEClosed248.66x₹114 – ₹120
+₹21.25+17.7%
₹141.2529 Oct 20262 Nov 2026₹34.56 Cr
Johnsoncab Electricals LimitedSMEClosed23.89x₹190 – ₹200
+₹6.8+3.4%
₹206.829 Oct 20262 Nov 2026₹56.02 Cr
Vectras Enprocon LimitedSMEClosed4.27x₹99 – ₹105—₹10529 Oct 20262 Nov 2026₹53.05 Cr
Green Asia Impex LimitedSMEClosed1.09x₹85 – ₹90—₹9023 Sept 202630 Sept 2026₹60.1 Cr

Upcoming IPOs (Bidding Soon)

Forthcoming public issues scheduled to open for subscription

View All Upcoming
Market Update: No Active IPO Bidding Window Right Now

No Public Issues Currently Open for Subscription

There are no Mainboard or SME IPOs accepting applications today. New issues open as per exchange schedules (BSE / NSE 10:00 AM – 5:00 PM). Track upcoming filings and historical listing gains below.

Understanding IPO Quota Reservations

QIB (Qualified Institutional Buyers)

50% (Standard) / Up to 75% (Book Building)

Mutual funds, domestic financial institutions, banks, insurance companies, and Foreign Portfolio Investors (FPIs). Most institutional bids are placed on Day 3 of the bidding window.

NII / HNI (Non-Institutional Investors)

15% of the Net Offer

Split into Small HNI (sHNI: ₹2 Lakh to ₹10 Lakh) and Big HNI (bHNI: above ₹10 Lakh). High NII subscription often propels Grey Market Premium (GMP) upwards.

Retail Individual Investors (RII)

35% of the Net Offer

Resident Indian individuals applying up to ₹2,00,000 per application using UPI ASBA mandate. Allotment is decided by lottery if oversubscribed.

Employee & Shareholder Quota

Discretionary (Subject to RHP reservation)

Special reservation for eligible employees or existing shareholders of parent companies, often offered at a discounted price per share.

Day-by-Day IPO Subscription Lifecycle

Day 1 (Opening Day): Retail investors and early HNIs begin applying. Subscription typically reaches between 0.3x to 1.5x for strong issues.

Day 2 (Mid-Way Momentum): Retail quota often gets oversubscribed. Non-Institutional Investors (HNIs) monitor interest costs and begin committing larger funds.

Day 3 (Final Decision Hours): Qualified Institutional Buyers (QIBs) submit institutional bids between 1:00 PM and 5:00 PM. High institutional participation often triggers a surge in Grey Market Premium (GMP).

Frequently Asked Questions on IPO Subscription

How does live subscription demand affect IPO GMP?

Higher institutional (QIB) and HNI bidding numbers create strong market momentum, directly pushing up the unofficial Grey Market Premium (GMP) as dealers anticipate competitive debut pricing on listing day.

Why do QIBs mostly bid on the last day (Day 3)?

Qualified Institutional Buyers (QIBs) conduct rigorous financial modeling, evaluate peer valuations, and assess macroeconomic conditions. By waiting until the final bidding hours, they minimize capital lock-in and evaluate overall subscription momentum.

Where does the exchange update live bidding figures?

Both BSE India and NSE India compile and release cumulative bidding data throughout trading hours (10:00 AM to 5:00 PM IST) on each issue day.