Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
What QIB subscription mean in an IPO?
QIB subscription shows how many times the IPO has been subscribed by Qualified Institutional Buyers (QIBs).
It shows the overall demand from QIBs such as such as mutual funds, banks, insurance companies, FPIs, and pension funds.
High subscription shows stronger demand from institutional investors. As a result, other non-institutional categories i.e., NII and retail also subscribed heavily.
