Top 10 Mainboard IPOs - By Oversubscription and IPO Subscription Status - Live from BSE and NSE. A good subscription rate for an IPO typically depends on the investor category and overall sentiment, but here are some general benchmarks:
Guidelines for a “Good” Subscription Rate:
1. Retail Individual Investors (RII):
- 2x to 3x or more is considered strong.
- Shows solid interest from the general public.
2. Non-Institutional Investors (NII or HNIs):
- 10x or more is a very good sign.
- This group tends to apply in bulk and often indicates high confidence in listing gains.
3. Qualified Institutional Buyers (QIB):
- Even 1x or more is a positive sign.
- Institutions usually wait until the last day to subscribe, but their participation adds major credibility to the IPO.
4. Overall Subscription (Total Bids / Shares Offered):
- 3x to 5x overall is considered good.
- 10x+ is excellent and usually indicates strong listing potential.
- 50x to 100x or more is rare and reserved for highly anticipated IPOs.
- Historical IPO Trends
- IPOs like Zomato, Paytm, and Nykaa had subscription rates of 38x, 1.89x, and 81.78x, respectively, showing the impact of market conditions and investor interest.
