Who's actually bidding.
Every IPO taking bids right now, and how far each group of investors has filled its slice of the book. A factual read of demand as it stands — never a call on whether to apply. Not investment advice.
An IPO opens for a few days of book building — the window when investors place bids inside a fixed price band. This page shows every IPO currently taking bids and how full each group's slice of the book is, measured against the shares set aside for that group. 1× means that slice is exactly spoken for; past 1× is oversubscription.
The book splits three ways. Institutions are the large funds and banks — the QIB share. HNI is high-net-worth individuals — the larger, non-institutional bids. Retail is the general public's smaller applications. Some issues also ring-fence a slice for employees.
Source: NSE's live subscription book — NSE-listed issues, so one listed only on BSE won't appear here. Figures build through the bidding day and are shown only while our capture is current — otherwise this section is hidden rather than shown out of date. “Cleared” means a group's slice reached 1×; it is not a forecast of the listing price, and nothing here is a recommendation to apply.