Vegorama Punjabi Angithi IPO
Overall Subscription
16.55x
Oversubscribed
Retail (RII)
13.05x
Applications up to ₹2 Lakhs
HNI (NII)
30.20x
Applications above ₹2 Lakhs
QIB
12.44x
Qualified Institutional Buyers
Application Statistics
Total Applications
9,081
Subscription History
| Date | Day | Overall | Retail | HNI (NII) | QIB | Applications |
|---|---|---|---|---|---|---|
| 22 May 2026 | Day 3 | 16.55x | 13.05x | 30.20x | 12.44x | 9,081 |
| 21 May 2026 | Day 2 | 3.25x | 3.36x | 6.21x | 0.84x | 2,214 |
| 20 May 2026 | Day 1 | 1.45x | 1.61x | 2.09x | 0.69x | 981 |
Understanding IPO Subscription
IPO subscription indicates the demand for an IPO. A subscription of 5x means the IPO received applications for 5 times the shares offered. Higher subscription generally indicates strong demand.
Category Breakdown
- Retail Individual Investors (RII): Applications up to ₹2 lakhs. Retail quota is typically 35% of the total issue size. If oversubscribed, allotment is done through lottery.
- Non-Institutional Investors (NII/HNI): Applications above ₹2 lakhs. NII quota is typically 15% of the issue. Can be further divided into sNII (small, ₹2L-₹10L) and bNII (big, above ₹10L).
- Qualified Institutional Buyers (QIB): Institutions like mutual funds, insurance companies, banks, etc. QIB quota is typically 50% of the issue. At least 5% is reserved for mutual funds.
- Employee/Shareholder Quota: Some IPOs reserve a portion for company employees or existing shareholders at a discounted price.
What Does Subscription Mean for Allotment?
Higher subscription in a category means lower chances of allotment in that category. For example, if retail category is subscribed 10x, your chances of getting allotment (if you applied) are approximately 1 in 10, subject to lottery.
Subscription Discussion
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