Avalon Technologies IPO Subscription
The Avalon Technologies IPO has received bids for 2,53,32,856 shares against 1,08,44,186 shares offered, resulting in an overall subscription of 2.34x. the NII category is subscribed 0.43x, Retail Investors 0.88x, and QIBs 3.77x.
- Retail
- 0.88x
- NII
- 0.43x
- QIB
- 3.77x
- Total
- 2.34x
Total Subscribed
2.34x
IPO Allotment Chances
Individual/Retail (0.88x)
1 out of 0 Investors
NII (0.43x)
1 out of 0 Investors
sNII (0x)
1 out of 1 Investors
The allotment percentage displayed above is an estimate based on the retail,NII and sNII subscription multiple. However, the actual chances of allotment are higher due to several factors:
- Not every IPO investor applies at cut-off price: Some investors place bids at lower prices than the cut-off, reducing competition for allotment.
- Multiple lot applications: Many investors apply for multiple lots using a single application. Even if they get multiple lots, it still counts as 1 allotment in the draw, significantly improving individual chances.
- Applicant behavior: The combination of below-cut-off bids and multiple-lot applications means the effective allotment chances are substantially higher than the base subscription multiple suggests.
This calculation accounts for these behavioral patterns to provide a more realistic estimate of your allotment chances.
Avalon Technologies IPO Subscription Details ( Fri, 14 Apr 23 10:11 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 5,915,011 | 22,303,864 | 3.77x |
| Non-Institutional | 2,975,917 | 1,276,326 | 0.43x |
| Retail Investors | 1,983,944 | 1,752,666 | 0.88x |
| Total | 10,844,186 | 25,332,856 | 2.34x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Application Wise Breakup (Approximate)
| Category | Reserved | Applied | Times (x) |
|---|---|---|---|
| Non-Institutional | - | 0 | - |
| Retail Investors | - | 0 | - |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Shares bids Against Offered
More About Avalon Technologies IPO
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Where Can I Check the Avalon Technologies IPO Live Subscription Status?
You can check the Avalon Technologies IPO live subscription status on the IPO Master App or the official websites of the BSE,NSE. The live subscription data is updated regularly during the IPO bidding period and displays category-wise subscription figures for Retail Individual Investors (RII), Non-Institutional Investors (NII), Qualified Institutional Buyers (QIB), Employees (if applicable), and the overall IPO subscription.
What is Avalon Technologies IPO retail subscription status?
The Retail Individual Investor (RII) portion of the Avalon Technologies IPO was subscribed 0.88 times as of Fri, Apr 14, 2023 10:11 PM. The public issue closed on Thu, Apr 6, 2023 for bidding.
How to subscribe Avalon Technologies IPO?
Investors can apply for the Avalon Technologies IPO online through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or via UPI using a SEBI-registered stockbroker or trading app. Select the desired lot size, enter your bid within the price band, and submit your application during the IPO subscription period. The application amount remains blocked in your bank account until the IPO allotment process is completed.
How many times Avalon Technologies IPO subscribed?
The Avalon Technologies IPO was subscribed 2.34x times at the close of bidding period on Thu, Apr 6, 2023.
How to check Avalon Technologies IPO allotment?
The Avalon Technologies IPO allotment was finalized on Wed, Apr 12, 2023. You can check the Avalon Technologies IPO allotment status on the registrar's website or the BSE/NSE websites using your PAN, application number, or DP/Client ID. You can also check the allotment status quickly through the IPO Master App.
When Will the Avalon Technologies IPO Be Listed?
The Avalon Technologies IPO was listed on Tue, Apr 18, 2023, on the BSE,NSE.
What is the Avalon Technologies IPO Qualified Institutional Buyers (QIB) subscription status?
The Qualified Institutional Buyers (QIB) category of Avalon Technologies IPO was subscribed 3.77 times as of Fri, Apr 14, 2023 10:11 PM.