Subscription data pending
Hemant Surgical Industries Limited IPO Subscription Status
Live subscription figures for Hemant Surgical Industries Limited IPO are not available yet. This page will automatically show total, QIB, NII and retail demand when the latest bidding data becomes available from BSE.
- Open date
- May 24, 2023
- Close date
- May 26, 2023
- Price band
- ₹85–₹90
- Minimum application
- ₹1,44,000 for 1,600 shares
- Issue type
- BSE SME
- Subscription source
- BSE
How to read Hemant Surgical Industries Limited IPO subscription status
IPO subscription is reported as the number of times investors apply for the shares available in each reserved category. A value of 1x means the category has received bids equal to the shares offered, while a value above 1x indicates oversubscription.
Subscription figures can change quickly during the bidding window, particularly on the final day. They indicate demand, but do not guarantee allotment, listing gains or future performance.
Hemant Surgical Industries Limited IPO subscription FAQs
The Hemant Surgical Industries Limited IPO allotment was finalised on May 31, 2023. You can check your allotment status by PAN or application number on the registrar's website or on IPO Ji.
Hemant Surgical Industries Limited IPO has a price band of ₹85–₹90 per share, with a minimum retail application of ₹1,44,000 for 1600 shares.
It means investors have applied for X times the number of shares the company is offering. For example, 5x means demand was five times the shares available. A figure above 1x is called oversubscription; below 1x is undersubscription.
No. The higher an issue is oversubscribed, the lower each applicant’s chance of allotment. In oversubscribed retail categories, shares are allotted by a computerised lottery, so every valid applicant has an equal chance regardless of how many lots they applied for.
QIB (Qualified Institutional Buyers) are large institutions like banks, mutual funds and insurers. NII (Non-Institutional Investors) are high-net-worth individuals and bodies applying above ₹2 lakh. Retail individual investors apply up to ₹2 lakh. Each category has a reserved portion of the issue.
IPO Ji updates subscription figures through the bidding day using data sourced from BSE. The "Last updated" time shown on the page reflects the most recent refresh.